2019-09-01 Cosmopolitan South Africa

(Barry) #1

Uh, am I paying my


B y ALLIE JONES

Your friends out here running side hustles? You don’t have
to bankroll them. Here’s why

BFF’s salary?


y

our second cousin’s
all over your FB feed


  • she has the ‘lipstick
    of your dreams’. Your
    old varsity roommate
    is hawking protein
    shakes on Insta. And that girl from
    pre-school’s here with an e-mail
    blast asking you to splurge on her
    new line of herbal supplements.
    In the US, more than 18 million
    Americans are now in on this
    hustle, officially called direct sales
    or multilevel marketing (MLM). This
    is also a very popular stream of
    income for many South Africans.
    Here’s how it works: people
    looking to make money sign up
    to be sales reps for brands that
    don’t necessarily have physical
    stores. They pay an upfront cost
    for a whole bunch of merch ... that
    they then try to sell to make back
    their money and turn a profit.
    MLM employees can also get
    paid extra for recruiting other
    salespeople (you??).
    The sad news: 99% of people
    involved in MLM actually lose
    money, according to recent
    research. But while you can’t blame
    your girls for trying – or for hitting


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..

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