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[Post 448] MLMs: Business Opportunity Or A Scam? | Talking Point | Full Episode
By Sonicericsg  •  August 9, 2023
Summary Ever bought a product or sold items for multi-level marketing (MLM) companies before? From pushy sales techniques, questionable business models and dodgy products, the MLM industry has garnered quite a bad reputation across the globe. Yet MLM companies have reeled in hundreds and thousands of members in Singapore. Many promise lavish incomes for their distributors, and some sellers swear by their seemingly miraculous products. Just how do MLMs work? Are they really a great deal, or just too good to be true? Talking Point investigates....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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