"Business Mentality" is one of the characteristics that IBOs "believe" they possess, but in reality, they are far from having. It is not always the fault of the independent business owners. Many people are recruited into Amway by trusted friends, and despite their lack of business expertise, they will "submit" to their upline's recommendations and make an effort to learn about the Amway business. In many cases, the problem is that upline leaders encourage self-serving business practises such as hard core adherence to their tools system, from which they typically reap substantial financial rewards. Look at some of the problematic procedures that have been implemented.
"Make a purchase from yourself." Having a business owner mentality means you only buy from yourself if it is advantageous to your company's growth and success. Many independent business owners (IBOs) make ludicrous claims, such as the assumption that a McDonald's owner would never eat at Burger King. That is complete nonsense. Just because I own a McDonald's restaurant does not imply that I will be consuming Big Macs for the rest of my life. You can't spend your way into financial success. If I sell pens for $1.00 and my cost is.50, and my competitor has a special on the same pens for 3 for $1.00, I will purchase the pens from my opponent's special. Additionally, purchasing from yourself makes you a customer rather than a business owner.
"If you have a dream, you should ignore the facts." This is possibly the most egregious piece of bull crap ever taught by an upline. This has been said by IBOs who are downline from WWDB and BWW leaders, in particular. Instead of ignoring the facts, a business owner studies them. Any REAL business owner is interested in knowing how much money is coming in and how much money is leaving. That is how you can determine the beating heart of your company. Gina, a site visitor on our site, just uploaded a profit and loss statement from her real-world business on this site. Naturally, IBOs were at a loss for what to say about it because it was unfamiliar territory for them.
"Please submit to upline." Yet another bunch of nonsense. Just though they "sponsored me" or anything does not obligate someone to submit to their upline. The advise of someone upline who has not taken the time to examine each IBO on a personal level in order to be able to give advice on an IBO's "Independent Business," or worse, advice on their personal lives, would be unwise for a real business owner to follow.
"Dedication to the system" is the phrase. In addition, it was a ridiculous piece of advise. What level of commitment does the system have to an IBO? The system takes credit if an IBO succeeds (which is extremely rare), but for the more than 99 percent of people who never make a substantial income, it is their own fault if they do not make it. Amway defenders will argue that many of those who joined the company did not do so expecting to make a significant salary. However, tell me where individuals show "plans" created for the guy who wants an extra $100 a month, even if that is somewhat true. The plans that are shown are always (as far as I can tell) for platinum or diamond.
Does any of this sound familiar to IBOs and information seekers? Is this anything you've encountered before? If this is the case, I recommend you to post inquiries here and seek additional information before engaging in any further "commercial" action.
Independent Business Owners (IBOs) of Amway typically have a robust business attitude, which is a key factor in the success they have inside the firm. A business mindset may be shown in Amway Independent Business Owners in a number of critical areas, including the following:
IBOs of Amway are typically highly goal-oriented individuals who are intent on accomplishing the things they have set out to do. They worked incredibly hard to accomplish the definite and quantifiable objectives that they had set for their company. IBOs in Amway are required to establish a customer base and attract new team members in order to expand their business, therefore having the drive and determination to do so is important to their success in the Amway business.
Strategic Thinking is another talent that Amway Independent Business Owners (IBOs) demonstrate in abundance. They do an analysis of their company and find areas in which they can enhance their performance. This could be accomplished by more efficient operations, more effective marketing, or improved service to their customers. They also keep a close eye on their rivals and search for methods that they may set themselves apart in the market.
Amway Independent Business Owners (IBOs) also have a great grasp on financial matters. They are aware of the significance of practicing efficient financial management, accurately recording their revenue and expenditures, and making investments in their company with the goal of achieving long-term expansion. They are also aware of the significance of diversifying their sources of income and constructing a sturdy company that is capable of withstanding shifts in the market.
Skills in Sales and Marketing Amway Independent Business Owners (IBOs) possess a high level of expertise in sales and marketing. They are well aware of the significance of forming relationships with consumers as well as prospects, and they employ a wide array of marketing tactics in order to enhance the sales of their goods and services. They are also skilled at maximizing their brand's potential by utilizing digital platforms such as social media to communicate with a larger audience and expand their business.
Leadership is another quality that Amway Independent Business Owners (IBOs) demonstrate in abundance. They are aware of the significance of assembling and cultivating a group of persons who have similar goals to themselves and who can help them achieve those goals. They help their team members create and develop their own companies within the Amway framework by providing them with direction and support and guiding them through the process.
In conclusion, Independent Business Owners (IBOs) with Amway tend to have a strong business attitude, which is a key factor in their success inside the firm. They are capable of setting and achieving goals, thinking strategically, being financially aware, being excellent in sales and marketing, and being effective leaders. This mindset enables individuals to establish a successful business within the Amway framework, which in turn allows them to realize their goals of achieving financial independence and experiencing personal fulfillment.
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