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Tuesday, August 31, 2021

Exploiting Your Family And Friends?

 As a result of seeing the Amway plan, many people have false expectations of achieving enormous material wealth and retiring in a few years. It strikes me as odd that no one has been able to identify anyone who has actually gotten in, worked for a few years, and then walked away from the business and is now sitting on a pile of cash while spending their days on exotic beaches sipping mai tais. Isn't it strange that no one has been able to identify anyone who has actually gotten in, worked for a few years, and then walked away from the business and is now sitting on a pile of cash while spending Debt, increased credit card payments, and boxes of unused CDs and other miscellaneous things will be the more likely outcomes.

So what would cause someone who joins the company to become a nuisance? It's because it becomes obvious to the normal person that in order to accomplish this, "six" people must be identified. As a result, in order to identify six people, you must develop contacts in order to demonstrate the plan. Cold interactions with strangers on the street are improbable, even for the most daring of individuals, thus new IBOs begin by looking for people they already know. They begin with those who are familiar to them, such as family and friends, before moving on. They could also believe that their family and friends will want to share in their success.

Unfortunately, the majority of new and eager IBOs will discover that they are rejected by their family and friends. As a result of their actions over the years, Amway's reputation has suffered irreparable harm, and the task of rebuilding it will be too difficult for the rank and file IBOs. The stories of failures and the opinions that Amway is a pyramid scheme and/or a scam will be shared with them. Of course, IBOs will receive "canned" responses from their upline, which they will have to respond to. One of the more amusing claims is that Amway is commended by the Better Business Bureau or the Federal Trade Commission and is the shining example of a multilevel marketing company. For those who are familiar with this line of reasoning, it can become a source of side splitting laughter.

At first, family and friends may be amused by the new IBO's antics, but the IBO's unwavering tenacity can eventually backfire. This is where uplines will instruct new IBOs on how to avoid being "negative" and how to avoid these family members and friends. This is one of the reasons why some individuals accuse the Amway leaders of being cult-like. It is at this stage that IBOs may begin to understand that Amway items are expensive and may attempt to sell some of them in order to minimise their own costs of operation. In many cases, sympathetic family and friends will make a small purchase to demonstrate their support. However, that can become stale in a fast as well. Some friendships are lost for good, but for the most part, most IBOs will eventually quit and make up with their families and friends.

For information seekers and new IBOs, we hope that this message will provide fuel for thought......

In multi-level marketing (MLM) organizations like Amway, Herbalife, and Mary Kay, one of the most common concerns is that members will take advantage of their family and friends. These businesses place a significant amount of emphasis on its independent business owners (IBOs) to bring in new customers and enroll new members. As a result, they frequently encourage their IBOs to sell to and recruit from their personal networks. While it's possible that this strategy can bring success to certain IBOs, it also has the potential to put strain on personal relationships and raise ethical questions.


The strain that can be put on one's personal relationships is one of the key concerns that arises from the practice of using one's relatives and friends as recruits in multi-level marketing schemes. When loved ones are made to feel forced to buy things or join the business out of a sense of loyalty, sales to family and friends as well as recruitment of these groups can lead to friction in the relationship. This pressure can be quite uncomfortable, and in the long term, it can even be harmful to relationships.


In addition to this, exploiting relatives and friends can also result in ethical problems. It is possible that many MLMs will push Independent firm Owners to misrepresent the products being sold, inflate the potential revenues of the firm, or make misleading promises to prospective recruits. This could result in legal complications and would be detrimental to the reputation of the MLM company as well as the IBO working for it.


Taking use of one's relatives and friends is problematic for a number of reasons, one of which is that it restricts the IBO's pool of possible customers. IBOs run the risk of missing out on other possible customers and recruits who could profit from the products or business opportunity if they rely only on personal relationships for sales and recruitment. This could result in a loss of business. Their potential for success in the multi-level marketing industry may be hindered by their restricted concentration.


It is essential for independent business owners to achieve a healthy equilibrium between cultivating personal ties and expanding their scope of client contact. IBOs can extend their networks and build more successful sales tactics with the assistance of the resources and training that MLM firms like Amway and Herbalife make available to their independent business owners. IBOs are able to expand their businesses while still preserving the quality of their personal connections if they place a priority on cultivating ties with prospective clients and recruits who are located outside of their immediate social circles.


When it comes to selling and recruiting, independent business owners should place a premium on ethical business practices. This involves being open and honest about the possible rewards and risks of the business, appropriately representing the products that are being offered, and avoiding making false promises to those who may be interested in joining the organization. IBOs have the ability to preserve the trust and respect of their personal relationships as well as their professional contacts when they place an emphasis on ethics.


In conclusion, manipulating family and friends to advance one's position in a multi-level marketing organization (MLM) might be an alluring technique, but it can also strain relationships and lead to ethical difficulties. IBOs are able to grow their enterprises while simultaneously keeping good personal connections and avoiding legal troubles if they place a priority on ethical business operations and concentrate on building relationships with people outside of their immediate social networks.


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