Search Amway Leaders

Friday, August 27, 2021

Fake Financial Gurus?

 Based on my personal experience with Amway, my blogging experience, and observation of other people who provide financial advice, such as real estate gurus who teach you how to buy property with no money down, or others such as Robert Kiyosaki for that matter, all show testimonials of successful people. I believe this is true. It goes without saying that they do not show you the great majority of people who attempt to use their solutions and are unsuccessful. Many people make the statement that success is a "one-of-a-kind" experience. For a good reason, this is the case.

The vast majority of people that try these strategies, whether they are Amway distributors, WWDB members, BWW members, N21 members, real estate investors, or those in the cashflow business, in my experience do not generate any meaningful money, and in some cases, no income at all. Yes, some do, and those are the possibilities that are presented. You will witness many testimonials from happy people who claim to have made money with the supposed system, though, if you watch infomercials on television. What you won't see is whether or not the income generated is sustainable, as well as the tens of thousands of people who may have attempted to use the system but were unable to create any revenue.

Some Amway diamonds have been quoted as claiming that people who do are more successful than those who teach. Do you suppose Amway diamonds and self-proclaimed financial experts such as Robert Kiyosaki are up to these days? Isn't it true that they are "teaching" rather than "doing"? In the event that Kiyosaki were to make millions using his own methods, he would not be required to promote his books and seminars. In my opinion, he is not publishing books and promoting seminars out of a genuine desire to help others. He is doing so for financial gain. The same is true with the Amway diamonds. However, if you only take away one aspect from this lesson, it is that the diamonds themselves are instructors rather than doers of the world.

These systems, in general, do not function properly for a variety of reasons. Many folks just lack the knowledge and ability to navigate the system. Alternatively, the system has too many variables for the system to function properly, or the system requires actions that are outside your control. For example, in order to be successful in Amway, you must typically sponsor others, which is something that is out of the control of the majority of individuals. When you factor in the lazy and those who are looking for a fast buck, it is reasonable that the majority will fail. However, these systems are frequently constructed in such a way that the majority of participants will be unable to achieve success. In no other industry is this more true than in the Amway business, where the pyramidal compensation scheme almost guarantees failure for the lowest level independent business owners (IBO). In the usual 6-4-2 model, there is just one platinum and 78 downline members who aren't platinum members. And that erroneous strategy is predicated on the assumption that all IBOs truly performed well enough to earn a bonus.

So, what can be done in this situation? A part-time work, together with investing and saving, may not be as sexy or alluring, but they may be something to consider. Even a part-time business in which you concentrate on selling things for a profit could be successful. To avoid these "systems," it would seem smart to do so, as the primary beneficiaries of these "systems" are the companies who offer them.

Share This
Previous Post
Next Post

Pellentesque vitae lectus in mauris sollicitudin ornare sit amet eget ligula. Donec pharetra, arcu eu consectetur semper, est nulla sodales risus, vel efficitur orci justo quis tellus. Phasellus sit amet est pharetra

0 comments:

Most Popular