In this episode of The Australian Finance Podcast, host Gemma Mitchell is joined by Zara McGuffie from The Australian Business Podcast to tackle a question on many Australians’ minds: how do you bring in more income?
One business model that seems to be on the rise (again) is multi-level marketing, also known as network marketing or direct marketing.
They promise freedom, flexibility, and uncapped income from your phone. But is it really about building your business – or just building theirs?
We dig into the world of MLMs and so-called ‘business opportunities’ that sell the dream of self-employment but often leave people out of pocket and pressured.
We unpack:
• Why MLMs are so appealing (and who they target)
• What makes them feel legitimate – even when they’re not
• The real cost of chasing passive income promises
• What to look for – and how to approach opportunities with eyes wide open
• Other income streams that might actually suit you better
• How to increase your income using your existing skills
• How to tell the difference between a genuine side hustle and a self-employment catfish
If you’ve ever been tempted to ‘be your own boss’ and start something new – this is a must-listen.
