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Friday, August 13, 2021

Are Amway Diamonds Really "Free"?

 When I was an IBO, I would frequently see my upline diamond driving around town in a business outfit, which I thought was quite cool. I used to wonder why he would continue to work if he could simply walk away and earn residual money. My sponsor explained to me that the diamond only works because he cares about his downline and wants to assist them in their endeavours. So there are two conceivable scenarios: either the diamond is labouring to assist his downline out of genuine concern, or he is working because he is required to do so. There is only one difference now: the diamond now works the nite and/or graveyard shift because many IBOs are growing their businesses after they finish their day employment, which means a diamond ends up working nights?

Amway has now announced that the average diamond (non-Q12) earns approximately $150,000 per year in commissions. Even while that is a respectable salary, after taxes and the payment of essential monthly expenses like as medical and dental insurance, the ordinary diamond certainly lives a relatively middle-class lifestyle. Take into consideration the fact that a big percentage of a diamond's revenue comes in the form of an annual bonus, which means that a diamond's monthly income may be rather low. It is possible that diamonds earn additional cash through speaking engagements, as well as through the sale of standing orders and performing functions. However, the diamond's continual appearances and efforts are necessary for this cash to be generated. Is that a sense of liberation?

So, how likely is it that a diamond will be "free"? I'd have to conclude that a diamond is not free, and that he may actually have to spend more time managing his group than he would if he just worked a regular 9-5 job. For starters, a diamond must maintain a certain level of personal group volume in order to continue to qualify for bonuses. Because of Amway's terrible retention rate, I am very certain that a diamond spends a significant amount of time recruiting individually sponsored IBOs in order to sustain this group. Additionally, a diamond must assist his six or more groups of downline platinums in order for their enterprises to remain viable, or else risk losing his or her accreditation. Despite the fact that my former diamond has been demoted to the emerald level, I feel that he has now re-qualified at diamond. In order to keep up and coming movers and shakers motivated, a diamond must also set aside time to recognise and reward them. When I was deemed a prospective up and coming pin, I had the opportunity to spend time with my upline diamond. Up and coming pins, on the other hand, dazzle and then fade away like so many other IBOs. This means that the diamond's effort must be limitless.

A diamond must go to a variety of parties and speaking engagements in order to maintain his or her tool income stream. Although the tools income allegedly doubles a diamond's income, it also adds a lot of expenses, especially if the diamond and his family travel first class to show off the diamond lifestyle and to attend out of town functions.

After analysing predicted revenue and expenses, I can only infer that a diamond presumably lives a middle-class lifestyle and works as hard as a man with a 9-5 job, with the exception that a diamond works nights and weekends instead of during the week. Ruth Carter's book provides a compelling depiction of this phenomenon (Amway Motivational Organizations: Behind The Smoke and Mirrors). Despite having a net salary of more than $300,000, the diamond in the book lived in debt, could barely pay his mortgage, and was constantly on the move from one function to the next, according to the storey. Does that constitute "freedom" in your opinion?

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