This is a re-post of a thought-provoking discussion:
Ruth Carter wrote a book titled "Amway Motivational Organization - Behind the Smoke and Mirrors" in 1999, which is titled "Behind the Smoke and Mirrors." Mrs. Ruth Carter was an IBO who also worked as an employee for a diamond corporation. When you look at the facts of her near and personal insight into the life and finances of a diamond, it's very scary to think about. Based on my observations and years of blogging experience, I believe that the diamond portrayed in this book is more representative of the average diamond than it is not. This is something I believe because this diamond had a good income. However, he was in debt at the time. Essentially, the diamond in the book (who was not identified) lived a lifestyle that gave the impression of luxury, but beneath the façade of wealth was a mountain of debt.
This diamond was in operation in the mid-1990s, during the height of AMO misuse in the United States. While some Amway critics will argue that the narrative is a little out of date, I believe that the storey is still relevant because not much has changed in the industry. The call-in and pick-up method of delivering items has been replaced by online delivery, and the voicemail system has been modified for some groups, but the diamonds used in the business continue to represent tremendous quantities of money and power. A function known as Dream Night is still held at my former LOS, WWDB. During this time, the diamonds march around and display houses, sports cars, jet skis, and other luxury. The gems continue to make promises about purchasing small-ticket products with cash, and they appear to have the audacity to teach that the Amway opportunity may save your marriage, according to reports.
The diamond in the book possessed a beautiful home, a pair of luxurious automobiles, and a substantial income. According to the book, the diamond generated a gross income of somewhat more than three million dollars. Although this diamond had a net profit of $323,000 after company expenditures were deducted, just $96,000 of the income came from Amway. For the Amway advocates who like to mention religion and claim that Amway is a God-pleasing enterprise, I will point them that just $10,000 of the diamond's profits were donated to charitable organisations. Besides the beautiful clothing, this gem owned a couple of nice automobiles and a nice house. This diamond also had a debt on it, with only a small amount of equity. The diamond had not paid their income taxes for several years, and this diamond also had credit card obligations in the hundreds of thousands of dollars, according to the court documents.
How can someone who has reached the peak of success in the Amway business be in debt? The answer is simple: by creating the appearance of affluence that cannot be sustained only on the cash earned by Amway volume and tool sales. The fact that they have a $323,000 salary is definitely wonderful, and it is more than most people would ever earn, but the lifestyle they lead may necessitate a multi-million dollar or higher annual income. According to Amway, the average diamond earns approximately $147,0000 per year. I should mention that a diamond's monthly income may not be that high because a large portion of a diamond's income is derived from annual bonuses.
So, why do diamonds have a life that they are unable to support themselves? Diamonds, I believe, will need to continue to attract new IBOs in order to retain their current level of success. In this way, they show a carefree existence with no employment and plenty of extravagances. Some diamonds have a greater ability to sparkle than others. However, in order to entice prospects, you must demonstrate something that the majority of people cannot obtain through a job. I believe this is the reason for the emergence of other symptoms of financial distress in the diamond industry. The homes of other jewels have been foreclosed on. One of the world's most famous triple diamonds was going through bankruptcy (Chapter 7 proceedings), and a number of diamonds were liquidating their homes in an unfavourable housing market. The signs are all around us. You can either believe what you see with your own eyes or continue to deny what appears to be the standard in this industry.
The Amway Motivational Organizations with their jewels are generating the illusion of prosperity, but I assume that many of them are in financial hardship, living month to month and on the verge of going into tremendous debt behind the scenes. The evidence is in front of us. The key is whether or not you believe what they're telling you. I strongly advise you to get this book, which is packed with information about Amway that the majority of people do not know. You can purchase it through Amazon.com.
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