Starting a Business

John Oliver: Multilevel Marketing Is Not a Good Path to Entrepreneurship

Don't get sucked into these businesses that promise big profits for just a small investment.
John Oliver: Multilevel Marketing Is Not a Good Path to Entrepreneurship
Image credit: HBO
Entrepreneur Staff
News Director
1 min read

It sounds so promising: For a small investment, companies will send you products, which you can then sell to make a profit. Then you can recruit your friends to do the same and make even more money. Eventually, you'll earn enough to quit your job.

But things usually don't work out like the scenario above. Instead, people who get sucked into these multilevel marketing companies, which Last Week Tonight host John Oliver points out are quite "pyramid shaped," are stuck with unsold products that will eventually expire, and in the worst cases, tens of thousands of dollars in debt.

Related: What You Can Learn From the Viral Shenanigans of Last Week Tonight With John Oliver

This is not the right path to entrepreneurship.

Check out the Last Week Tonight segment below (a version for Spanish speakers can be found here).

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.