One of the topics that many Amway uplines may discuss with their downline is the subject of financial debt. Many IBOs and prospects join Amway in the hope that the company will assist them in paying off their debts by providing them with some additional income. A common experience among Amway Independent Business Owners (IBOs) is that they become more deeply in debt, not necessarily because of the company, but rather because of the pressure to purchase tools, attend functions, and incur other Amway-related business expenses. The truly tragic aspect of this situation is that much of the additional debt that Amway Independent Business Owners (IBOs) find up incurring becomes profit for their upline through tool purchases.
On the surface, debt elimination appears to be a positive development. Although I feel that many uplines simply want IBOs to erase debt so that they can free up discretionary funds that can be used to acquire tools, which uplines earn from, I believe that this is not the case. As a result, even though the counsel appears to be sound, it ultimately comes out as self-serving. Whether you're an independent business owner or a prospect, is your upline urging you to remove debt before turning around and telling you to attend "all" functions? I don't understand why somebody would go into debt in order to start an Amway business that is supposed to be low-cost and low-risk. If you aren't selling enough products to cover the costs of functions and other tools, it's extremely probable that your company will be unable to afford to incur those charges in the near future.
As a former WWDB IBO, I was well acquainted with the motto of debt elimination. Even while the idea seemed excellent to me, I was taken aback when the same upline told us that it was appropriate to go deeper into debt if it was necessary to advance our business, in other words, to purchase additional standing orders or attend functions. I couldn't see why it was acceptable to incur further debt, but only if the debt was used to "invest" in your company. If debt is a problem, then functions and other tools should be reduced as well, until the IBO can afford to engage in the system on a reasonable basis. Amway Independent Business Owners (IBOs) should, in my opinion, use proceeds from the business to purchase tools. If there is no net profit, then the IBO must determine whether or not the tools are worth the time and money to invest in them. Although an IBO may have some profits, the IBOs should consider whether to bank the earnings or to use them to fund tool purchases, particularly if the tool purchase will transform a net profit into a net loss.
Too many independent business owners (IBOs) place their trust in their upline and make initial and ongoing tool purchases, only to continue doing so without seeing any visible returns. This, I feel, is why IBOs are taught to trust and have faith in their abilities. Another possibility is that success is just around the bend. It allows an IBO to continue operating even in the absence of results. Hopefully, an article like this will raise the awareness of IBOs and possible IBOs in the industry. Those who choose to ignore this information will have a difficult time.
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