Teaching Students on recognizing Multilevel Marketing/Pyramid Schemes

Teaching Students on recognizing Multilevel Marketing/Pyramid Schemes

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Aaryan Menon started this petition to Illinois Governor and

Mutlimedia Marketing is  commonly seen and there is a good chance that people have been/will be approached to either join this kind of group or buy their product. Multimedia Marketing is selling through a network or pyramid selling.To be more precise, this usually means that an employee within the company would need to use their network in order to sell their product. The network being friends, family, co workers, or even people within their own community. Then their earnings of the sale go to the people on the top of the scheme. About 99% percent of the people who join such companies tend to lose money and also end up ripping off their own connections. It doesn't stop there because these same employees are then required to hire other members in order to make their money back through "initiation" fees. These companies will usually incentivize people with the fact that they can be "flexible with their  hours",  "be their own boss", do little work, and make tons of money just by talking to their friends and family. 

Even the FTC has even chosen to seen some of complaints against companies like Herbalife and Vorwerk, but have done nothing to take action. This becomes an issue because many people are not educated about this type of marketing and then become at risk at losing lots of money. Many of these companies will even go for younger students, knowing that they might not be as well educated on what kind of marketing is being used to make money. I wish to propose that the department of education requires 1 lesson to be taught on this kind of marketing because it can help save money from those who could fall into such a scam. Educating the students through one lesson can help them recognize such a system and allow them to steer away from such companies in their future. It needs to be recognized that there is no short cut or system to becoming a millionaire without putting the hard work first. 

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