My unfiltered thoughts on the new Amazon Prime Docuseries LuLaRich that follows the unethical practices of LuLaRoe, a HUGE MLM that operates like a cult.
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DESCRIPTION:
Let's talk about LuLaRich, an Amazon Prime docuseries that follows LuLaRoe (an MLM that sells leggings) and exposes their unethical business practices and cult-like structure. I talk about some of the important issues with MLMs that LuLaRich brings up including:
- $5,000 start-up costs
- incorporating religion into the community
- unethical recruitment structure
- how 99% of people lose money

I also talk about my thoughts on what Chelsea Fagan brings up in her video about LuLaRich on The Financial Diet. How do we hold people accountable for their actions inside of an MLM? Are all MLMers bad people? Who is the villain of this story?

CHAPTERS:
0:00 LuLaRich background
0:56 what is an MLM?
1:34 why MLMs are unethical
4:19 the issues with LuLaRoe
10:22 holding MLMs responsible

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Views expressed in this video are my opinion and should not be interpreted as professional financial advice. I am not a certified financial advisor.

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