As an IBO, one of the most ridiculous ideas I heard was that IBOs should buy their own things from their Amway firm and charge full price. As a result, the difference between the IBO and full retail prices is your profit, which you may bank and utilize to purchase tools and function tickets. That was a mind-boggling experience for me.
Some IBOs are taken in by this nonsense and have even taught it to others. When you buy things for yourself, you're utilizing your own money, which means your money has moved from one account to another. That isn't a way to make money. Well, I suppose an IBO may be duped into believing that shifting money from your savings account to your checking account is profitable.
Let's say you get double x for $50 off the IBO pricing, but the full retail price is $85. You have now made a profit of $35 in theory. You're meant to put that profit into tools and functionalities, but what difference does it make if it's all coming out of your pocket? You may pay for double x first and then pay for your functions and tools afterward. Moving money from one account to another suddenly generates taxable income because of the retail profit claim (profits are taxable).
As a result, teaching is essentially risky since it exacerbates an IBO's existing negative cash flow. And to think, I paid money to attend a seminar where they taught this nonsense. On the plus side, this was the point at which I began to smell a rat in terms of upline instruction. This is in addition to the junk that was sent to the upline.
Diamonds, I'm sure, are still pushing tools and functions, so I'm sure they're teaching downline how to raise cash in some fashion. It's probable that these falsehoods about paying yourself are still going on. It is my goal that this blog article would assist unwary IBOs and prospects in seeing through the nonsense taught by their uplines.
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