Many people consider reaching the platinum level in Amway to be a noteworthy accomplishment in the company's history. While it may be rewarding to reach that level and receive recognition from the Amway corporation, I would like to point out that a study conducted in Wisconsin by the state's attorney general found that platinums, on average, were losing money. Although the study is a little out of date, I will point out that there are now even more expenses associated with running an Amway business than there were previously. In this section you'll find information about voicemail, books, functions, standing orders and shipping. It's possible that platinum prices are losing more value today than they were when the Wisconsin study was conducted, in my opinion.
A typical platinum group has 100 or more IBOs in its downline, which is quite common. In addition, there are a large number of IBOs who join but do little or nothing. As a result, it is reasonable to conclude that less than one percent of IBOs can achieve that level. It is also difficult to maintain that level, according to reports. In his prime, my former upline diamond had seven frontline platinums under his belt. In fact, six of them were at the ruby level. Today, none of them is a member of the platinum club. It follows that reaching platinum is unlikely, and that maintaining that level is even more unlikely.
Is it even possible for a serious prospective business owner to consider starting a business with such a slim chance of success? Even those who achieve platinum status are likely to lose their position in the hierarchy. If platinums are unable to keep their level, it is easy to understand why there are former diamonds in circulation. Many people seem eager to take a chance on an Amway business because the start-up costs are so little. After all, what is the point of putting up all of this effort if the likelihood of earning a profit is so remote?
To make matters worse, many independent business owners (IBOs) put a significant amount of time and money into developing an Amway business that is unlikely to generate a profit. I'd imagine that the average serious IBO would spend an additional $250 per month on tools and resources. If you had placed that money in mutual funds over a number of years, you would have a much higher chance of realising some of your goals. Even putting the money in a savings account would put you in a better position than the great majority of IBOs, though. A serious business owner would want to know what their realistic chances of making money are before starting their venture. Prospects and independent business owners (IBOs) appear to be completely unaware of this reality for some strange reason.
Due to the fact that uplines are in the business of selling tools and distributorships, this is the case. These people are not genuinely concerned with your long-term, sustainable success. If you still don't believe me, try to stop purchasing standing orders and function tickets and see how long it takes for you to be edified and given assistance from upline to resume purchasing them. In all seriousness, would a genuine business owner be interested in a chance of success of less than one percent?
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