Gotchas: What to Watch Out for in Home-Based MLM Businesses

This is the 53rd podcast episode by The Rabbi Who Got Rich On Sunday, which focuses on "Gotchas: What to Watch Out for in Home-Based MLM Businesses!"

In this episode, Rabbi Dave shows us that not all MLM opportunities are created equal. Some come with hidden surprises or gotchas.

Of course, MLM is also known as Multi-Level Marketing or network marketing, but let's first look at what a gotcha is. Here are two quick examples:

1.  Monthly fees—Travel is sexy, but selling travel isn't the same at all. Not only is it not even remotely as much fun, but it requires errors and omissions insurance, which is fine. However, other network marketing opportunities do not require this overhead.
2. Inventory Loading—If you are forced to buy products to start, you are holding onto inventory before you know how to "move it." That money is better off in your bank than the network marketing company's bank!

There are many more. Rabbi Dave covers what to look for before joining a network marketing opportunity.

The dedicated web page on the site for this podcast episode is here:

'Gotchas' — What to Watch Out for in Home-Based MLM Businesses

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