Wednesday, June 27, 2018

However, I Hope You Got It All Right Network Marketing Built An Organization, It Will Not Maintain Itself.

But surprisingly, only around half of those polled said they wanted to do so to generate income — over 90% of military spouses said they wanted to work for personal fulfillment. Underemployment and a desire for fulfillment drives many military spouses toward direct-sales businesses. One blog catering to the military community touted the benefits of direct-sales businesses, claiming they “fulfill a need.”    Many in the military community reported being bombarded with requests to participate in multi-level marketing businesses schemes or attend parties selling products upon arriving at a new duty station, often feeling pressure to do so in order to fit in and make new friends. Even service members aren’t immune. I was personally approached several times by members of a multi-level marketing firm specializing in energy drinks named Quixtar — I even knew a fellow service member who was roped into the scheme. Quixtar, a subsidiary of Amway, was eventually sued for operating a pyramid scheme, settling out of court for $56 million . Can anything be done to prevent service members from losing money to these types of predatory businesses? Yes. For decades, payday lenders and shady car dealerships preyed on young service members, offering loans with exorbitant interest rates. Making matters worse was that payday lenders had plenty of political backing — millions of dollars in campaign contributions and lobbying. But Congress eventually passed a series of provisions, which, although far from perfect, limited the amount of money payday lenders could charge service members.

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