One of the sales arguments used to entice people to join the Amway organisation was the promise of earning enough money to simply get out of debt. After all, many Americans these days have credit cards that are completely depleted, and they are accruing an increasing amount of consumer debt. It is, however, difficult to determine whether joining Amway will be beneficial or detrimental to the situation. After all, Amway items are generally more expensive than those sold by traditional merchants such as WalMart or Costco. Anyone who denies this is either deceiving the public or is genuinely misinformed. You might try to make a case against the quality of Amway's products. Some things are excellent, but in general, buyers do not perceive them to be of sufficient value. It appears that independent business owners (IBOs) do not even purchase Amway items unless they are chasing their aspirations of becoming diamonds. When that dream comes to an end, so does their commitment to Amway products.
Unfortunately, for the vast majority of company-building IBOs, the business opportunity and its associated education system, such as WWDB, BWW, or N21, just serves to increase their debt. Consider this: an IBO will already be spending approximately $300 per month in order to meet their de facto 100 PV requirement. This IBO will already be in the red for the month if he or she only subscribes to voicemail and does not use any other tools. When you take into account continuing expenses like as standing orders, functions, open meetings, regional functions, books, and other miscellaneous expenses, an IBO is on its way to sinking tens of thousands of dollars deeper into debt. Because the debt is only a few hundred dollars a month, most IBOs are unaware of what is taking place. However, most IBOs believe that it is fine because they are confident that they will recoup the losses and generate a significant profit in the long term. Unfortunately, only a minuscule fraction of one percent of Amway Independent Business Owners will ever make a significant profit from their business. The majority of people will recognise that they are hurting their financial situation and will quit.
In the few instances where a diamond's financial situation was revealed, these diamonds were found to be in default. It was difficult for even a well-known triple diamond to make enough money to support the lifestyle he and others promoted on stage. It is my opinion that gems in financial problems are more likely to be the rule than the exception in this situation. Make the calculations. If a triple diamond earns approximately one million dollars from Amway and tool profits, can that income support the jetset lifestyle depicted in activities such as dream nite and other such programmes? Although it is a substantial income, everything is viewed in context. Someone earning $70,000 per year, for example, can live a decent lifestyle without incurring debt. Diamonds, on the other hand, represent a lifestyle of excess and, at times, arrogance. It's no surprise that some of them are experiencing financial difficulties.
In the end, independent business owners are drowning in debt as a group. The mechanism almost guarantees that the entire group of IBOs will end up with a net loss, with only one or two at the very top making a profit. The amount of money an IBO will lose is determined by how dedicated they are to their tools. The greater the level of dedication, the greater the losses. It's a positive thing if your upline shows you how to get out of debt. However, if they instruct you on how to get out of debt, with the exception of functions and standing orders, consider this a significant red flag.
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