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Wednesday, July 7, 2021

The Real Information?

 When I was an IBO, my upline used to advise us to recruit people who had a financial need or young people who were open minded because they were less likely to have preconceived ideas about Amway. I followed this advice and recruited people who had a financial need and young people who were open minded. I was in my twenties when I was first recruited by my sponsor, and I was not in the financial position I wanted to be at the time. I believe that this is still standard practise today, to identify people who are in need and then offer Amway as a solution to their problems. Unfortunately, for the vast majority of those who attempt it, Amway and the tools systems will prove to be more of a problem than a solution.


This, I believe, is one of the reasons why some people are so vehemently opposed to Amway. This group believes that Amway is the answer to their quest for long-term financial stability, and admitting that they were mistaken is difficult because it would not only expose the error, but it would also leave them without the "hope" of long-term financial freedom. It's difficult to admit when you've been duped or scammed, and some people will dig in their heels and keep going in the hope that success will eventually come. After all, hope is a very powerful thing. However, for the majority of people, the false hope that is promoted during recruitment meetings and functions is a source of frustration.


When the diamonds parade on stage in designer suits and talk about waking up at noon and living a life full of luxuries, many prospects see the possibility of big dreams coming true for them. On the surface, it's similar to fantasising about striking it rich in Las Vegas or winning the lottery. I don't think it's unreasonable for prospects to want some of these things. Certainly, some of these dreams resurfaced for me when I was an independent business owner. The problem is that it is highly unlikely that Amway will be the vehicle through which these dreams are realised. For the majority of people, taking on a second job in addition to saving and investing will result in greater long-term success. The problem is that people don't like to plan for the long term, and Amway is presented as a quick way to achieve financial independence.


The unfortunate reality is that some diamonds (possibly the majority) are simply putting on a show, similar to an illusionist or a magician. Despite the fact that diamonds can earn six-figure salaries, after taxes and other expenses such as medical insurance, a diamond is very likely to live a very middle-class lifestyle. The fact is, I'm fairly certain that someone in the position of crown ambassador could earn a million dollars. However, these Amway crowns are extremely rare, and those who do exist have been in the business for a very long time. The likelihood of any new IBO entering the market and reaching that level is slim to nonexistent. In fact, it appears that as time progresses, more diamonds are leaving the company due to divorce, better MLM opportunities, or simply quitting. It is undeniable that long-term residual income is a figment of imagination. Why do crowns appear to continue working (or dying on the job) if they could "walk away" and live a life of luxury with no worries if they had the option to do so?


According to Amway, the average independent business owner (IBO) earns $202 per month. I believe that number is also questionable because "most" IBOs (as shown in 6-4-2) actually earn more like $9 or $10 a month, rather than the $9 or $10 stated in the chart. Is this what you were expecting when you signed up? Don't forget about the ongoing expenses for tools and functions, which result in net losses for the vast majority of those who participate.

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