After years of researching Amway and blogging, I've come to the conclusion that some of the concepts taught by IBO leaders are just illogical. It doesn't make any sense from a business standpoint, and the numbers just don't add up. Yes, I understand that sometimes it's necessary to think outside the box and go against the grain in order to win, but some of the IBO practises are plain ridiculous, and it's no surprise that so many IBOs fail in their pursuit of their Amway "dream." These same leaders may push you to ignore facts and simply obey their instructions. That kind of blind commitment can end up costing you a lot of money in the long run.
The vast majority of IBOs never sponsor even a single downline, and only a small number of products are sold to people who are not IBOs. These are the reasons why the majority of independent business owners do not make a profit, but for some reason, many IBOs continue to believe that the money they spend on training materials is worthwhile. Although the training may be motivating, it is useless in terms of increasing sales and encouraging IBOs to sponsor more people in the long run. If these approaches were successful, Amway's sales would be significantly higher than the around 10.8 billion they generated last year, which represented a decrease from the previous year.
Additionally, the behaviour of "buying from yourself," which is rather prevalent, is a horrible notion. It is acceptable to provide support for your company, but if you are the major or only customer, you will not generate any profit. Any profit you might make will come entirely from your own pocketbook. My knowledge of successful stores does not include any establishments where the major clients are the store's proprietor and his or her employees. Nonetheless, some IBOs believe that this is the only way to be successful. Also, as a result, independent business owners (IBOs) are constantly recruiting since they require a downline in order to attempt to produce higher sales volume.
Others can be sponsored. So you're having difficulties as an IBO. However, the key to long-term success is to attempt to open additional outlets through sponsorship. For example, contrary to popular belief, you are not compensated (directly) for recruiting others to join Amway. So why is it that so many independent business owners (IBOs) place such a strong focus on this? Why would you think that expanding your business by establishing more stores will make you more successful? Certainly, it's a means to potentially generate greater volume, but your "achievement" will only be achieved by subscribing to a large number of struggling firms in the process. Is this the path you want to take to success? Also, the ambition to sponsor others is most likely the reason why Amway has a poor reputation, as IBOs have deceived people into attending recruitment meetings and/or invited them to see the plan by using misleading tactics while inviting them.
Folks, in order to be successful, you must have clients. I live in Hawaii, and when tourist is slow, our local economy suffers as a result, which is unfortunate. It's a notion that's extremely comparable to your Amway enterprise. You will eventually go out of business if you do not have clients who are flowing money through your business.
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