Lazy Man’s Opposing Look At Orrin’s Pyramid Scheme Article
Lazy Man has been analyzing and critiquing multi-level marketing (MLM) programs since 2008. He first covered MonaVie and has expanded his investigations to companies such as One24, Protandim, Visalus, Vemma, Asea, and others. This weekend, he took another critical look at Orrin Woodward1, deconstructing the arguments put forth by Orrin that LIFE is not a pyramid scheme:
- Orrin’s hypothetical statement that only 1 in 100 people make $50K or more per year.
- The “hard-wired” nature of the LIFE business model.
- The car assembly line metaphor Orrin uses for the LIFE business.
- The misplaced belief that one will succeed if one just works hard enough.
Lazy Man also points to discussions on the (relatively) new LIFE forums in which TEAM members can repeat whatever they hear and read from their leaders. In my years of covering MLM’s, I have found that the echo chamber effect to be a signficant cause as to why so many people stay in far longer than they ordinarily would.
Check out the full article on Lazy Man’s site. If you find it useful, leave a comment over there and encourage others to read and share it.
1 Lazy Man previously wrote these articles about Orrin Woodward.