Ahhh... Cutco. Best freakin' job I ever had!! Whoever said you can't make money doing it, just didn't last long enough. If I could have done it for more than a summer, I would have probably made close to 30K that year...
Yeah, they're expensive, but they're worth it. Just here alone you've got tons of people who've had them 20, 30, 40+ years!!
As for if it's shady or ethical. I never had a problem with it. I got paid fairly, and quite well, after a while, and everyone I worked with did as well. To the person who said they didn't get paid b/c they only sold to women, I do know the policy for the company is to show to a couple, not just the wife, b/c the truth of the matter is, when it's something as pricey as these, the men usually ARE the decision makers in the family. Is it a pyramid scheme... not really, is it multilevel marketing, yes. Sure, you make money, and when you do, your boss makes money, and so does his boss, but isn't every job like that?!?! And yes, they do make you buy your starter set, but it's a nearly full set of kitchen knives and it costs only about 25% of what you're selling it for!! Plus, you get to keep it when all is said and done.
to the OP, if your friend wants you to sell them, go, listen to what they have to say, and make the decision for yourself. If your friend wants to come and show you a presentation, let them, if they're still in the calling friends mode, they're probably just learning, and need some experience, plus, the cutting the penny thing is so cool, you've gotta let them come just to see that!
I'd go back to that job in a heartbeat, if I could! lol