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Saturday, August 14, 2021

Amway Is Not A Gamble?

 I've seen and heard a lot of conversations regarding Amway, and one that I found particularly fascinating was concerning Amway and gambling, specifically the odds of success. The Amway defenders were quick to point out that Amway is not a game of luck and that in order to be successful, one must put in the necessary effort. But let us look beyond those straightforward and self-evident considerations.

If Amway is not a game of chance, then it is quite likely the most challenging business in the world to be a successful entrepreneur. This is due to the fact that millions or tens of millions of people have invested a significant amount of time, effort, and money into their Amway businesses only to finish up with a net loss. This is supported by Amway's own financial disclosures. Now, I didn't go looking for the most recent information, but according to Amway's own statistics, approximately one-quarter of one percent of IBOS achieve platinum status. Although many IBOs reach platinum status, they do not requalify for the next level, according to legend, that is the level at which dedicated IBOS break even or begin to make a profit.

As a result, based on the information that Amway makes available, you have a miniscule fraction of a percent chance of breaking even or making money with Amway. And I reiterate the line used by an Amway defender, which is that Amway is not a game of chance. Who in their right mind would want to work in a business where their chances of success are smaller than those of a game of chance? Seriously? If I flip a coin, I have a fifty-fifty probability of correctly predicting whether the outcome will be heads or tails.

Even the majority of games in Las Vegas provide you a winning probability that is close to 50 percent. If the player's level of skill is high enough, certain games such as black jack can really work in his or her benefit. Now, I'm not supporting gambling as a viable means of earning a living; rather, I'm highlighting how difficult it can be to be successful in the Amway business.

More food for thought: The losses from losing gamblers are used to fund the construction of new hotels and attractions in Las Vegas. Most gamblers, on the other hand, take pleasure in the fact that they are likely to lose while also having a possibility to win. Downlines of Amway diamonds benefit from the diamond lifestyle by selling cds/audios and functions while urging their uplines to move more PV. However, in the meantime, downlines lose money month after month with little possibility of even winning modest jackpots along the way. Amway is not a game of chance, which is a horrible fact to consider. At the very least, gaming does not necessitate hard labour.

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