Many people promote Amway as a simple, and in some cases, expedient, way to make money. It's all over the internet, it's what I witnessed when I was an IBO, and I have strong cause to assume that many Amway representatives still market their products in this manner. People, I suppose, want to believe that they can build riches part-time in 2-5 years if they work hard enough. Despite the fact that IBOs and prospects are told "it's not a get rich fast scheme," the pitch for quitting your work and living off residual income for 2-5 years sounds suspiciously like the pitch for a get rich quick fraud to me. It is this that has helped to establish Amway's current reputation.
According to the "plan," a typical IBO (excluding those who do nothing) will consume and potentially sell some things on their path to 100 PV, which will earn them around a $10 bonus from Amway. Those who do nothing will get nothing. It is possible to make a profit through sales to clients, but there are also costs associated with operating a firm. If an IBO is enrolled in the system, their monthly expenses could range from $100 to $500, depending on their level of commitment to the system (brainwashing). In the end, a faulty system, as well as generally uncompetitive pricing and products, leads to the majority of independent business owners resigning. Even with a massive amount of work, the vast majority of IBOs on the system will end up with a net loss in the long run. It appears that in the Amway business, effort has no relationship with success. According to my personal experience, dishonesty and falsehoods appear to be a more effective means of achieving success in Amway than hard work.
But what if someone worked essentially a part-time job in addition to their Amway employment? Getting a simple 20-hour-a-week work at $10 an hour (which is not difficult) could earn someone approximately $800 per month in gross revenue, or approximately $12,000 per year.
$9600 a year is a lot of money. Even if there were no pay increases throughout that time period, that individual would have earned about $100,000 more in income. A well-diversified portfolio of investments can turn that money into the nestegg that allows someone to retire early or retire more comfortably than the average person. And that compensation is guaranteed if you put in the necessary effort.
Despite the fact that you work 40 hours per week for Amway, there are no guarantees in the company. The only guarantee is that you will assist your upline in earning more money than you do by moving things on their behalf. If you are a member of the system, you are essentially compensating your upline (via tool purchases) for the privilege of increasing the volume of your upline. It is for this reason that your uplines urge you to "never quit" and to be "core." These virtures assist in ensuring the profitability of your upline, but they provide minimal benefit to the rank and file IBOs. I'm writing this blog post solely to elicit discussion among IBOs and potential customers. There are better and more straightforward alternatives to the Amway opportunity. It is possible that you are reading this because you are considering an alternative. It is up to you to make a decision.
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