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How to spot a pyramid scheme - Stacie Bosley

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Speaker: Stacie Bosley

View full lesson: https://ed.ted.com/lessons/how-to-spot-a-pyramid-scheme-stacie-bosley

In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem -- the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid
scheme is and how to spot one.

Lesson by Stacie Bosley, directed by Wooden Plane Productions.