![]() So I just want to say that if you’re in a MLM and it’s working well for you, that’s amazing! I think there are people that are aware of the downsides of MLMs and still choose to join one for a variety of reasons - including just to get discounts on products they want - and we don’t want you to feel like we’re judging your choice.ī: Ya - MLMs can also be a flexible business opportunity with a fairly low initial investment when compared to starting your own company. S: Ooo yes that was such a good one! The dinner party themed pyramid scheme that honestly, sounded pretty tempting! We were definitely critical of MLMs in that episode, but since recording that episode I watched LulaRich and learned even more about how people are drawn into the MLM business model under the promise of having a fun side hustle that offers them time and financial freedom - often young women who want to support their family while raising kids. I’ll give you a quick rundown here, but if you’re interested in learning more, I highly suggest checking out the gifting tables episode. In it we get into some detail about the pros and cons of multi-level marketing companies, also called MLMs, and the difference between MLMs and pyramid schemes. And it’s a great episode if you are looking for another one to binge after this one. We have talked about MLMs on the podcast before - in our gifting tables episode from season one. And I feel like I should preface that this is NOT intended to attack or shame anyone involved with Herbalife as a distributor or employee - or any other MLM for that matter - but rather an exposé to use for educational purposes. It’s important to note that everything in this episode does have a source - so if you have any questions, feel free to check them out in our show notes. And they include information from various new sources, William Cohan in Vanity Fair, the YouTube channel Iilluminaughtii and the documentary Betting on Zero, which is moreso Bill Ackman’s story - and he’s the hedge fund manager who tries to take down Herbalife - so I did use some other sources to corroborate his story but also to balance some potential bias. ![]() ![]() Shout out to my sources for today’s episode which are all listed in the show notes at. This story is so much more than I was expecting. And part 2 will be released in two weeks.Ī huge thank you to Caitlin Carbine who sent us this idea. So in Part 2 we’re going to talk about how Herbalife has targeted lower-income Hispanic communities by using manipulative “American Dream”-like marketing propaganda as well as how one business tycoon bet $1 billion dollars that the company would fail and then tried to make that happen using some less than savory tactics. YEP - as I was going through the research I realized how much scandal this company has been involved in…and the stories are just too dang interesting to cut. And this is actually going to be our first ever 2 part episode! This story was so huge we had to split it into two parts. S: I am so excited - this company has been around for a very long time and a lot scandal can happen in that time. Today we are going to cover one of the most notorious nutrition-related multi-level-marketing companies, and how it has harmed at least 1.55 million of its distributors, either financially or physically (and in one instance, how the products have resulted in death). S: & I’m Sarah! And you’re listening to Unsavory. See /privacy for privacy and opt-out information. Hispanic purchasing power won’t be ignored, ask Herbalife. Women dominate in direct selling, but men could be catching up. Herbalife: Selling Their Lies, Part 1 & 2. Multi-Level Marketing Businesses and Pyramid Schemes Consumer Information. Hughes, 44 Founded nutrition supplement concern: Obituary (obit). Herbalife’s claims drawing medical fire, government probes. Carmona – 17th Surgeon General of the United States (2002-2006) – to Board of Directors. Biltmore Films & Zipper Bros Films.īusiness Wire. īraun, T., Zipper, G., Adair, D., & Ackman, B. Herbalife exploited the American Dream, new documentary shares details. Pharmacological and clinical studies of ephedrine and other thermogenic agonists. If you would like to contribute to our show, you can do so on our Patreon page.įollow on Instagram and Twitter unsavorypodcastįollow Sarah & Becca on Instagram and podcast was produced by Geoff Devine at Earworm Radio.įollow Geoff on Instagram or visit .Īstrup, A., Breum, L., & Toubro, S. Please rate, review, and follow wherever you listen. This is an independently produced podcast and your support means a lot to us. We discuss the tragic inspiration for his “health” products, the predatory tactics used for recruitment, and the dangerous impact the original formulas had on consumers. In part one of this series, we cover the origin story of Herbalife, including the man behind the brand: Mark R.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |