The one thing I've observed with Amway ambots is that they are some of the most negative people I've ever encountered in my life. I remember our Platinum member moaning and whining about all the awful things that were going on in the world at every meeting I attended while working for Amway.
Because I didn't like him and assumed everything he said was a lie, I concluded that it was all a ruse to brainwash ambots into believing that Amway is their only hope in the face of all the doom and gloom in the world.
For the first hour or two of Amway meetings, the Platinum would talk about the recession, property values dropping, job losses, and all the other wonderful things that were going on in the world. Everything that is wrong with the world. It was he who would bring up the subject of people being in a lot of debt. He'd talk about being debt-free, but I could tell he was deceiving himself. He'd lately purchased a home, and there's absolutely no way in hell that he'd paid full cash for the property. He and his wife did what everyone else did: they saved money for a down payment, applied for a mortgage, and moved into their new home. I'm confident that he is the type of person who has a line of credit secured by his home. He'd need that credit line to pay off all of the credit card debts that have accumulated as a result of his Amway operation, as well as to keep up the pretence of telling everyone he knows about how well business is going, how lovely his car is, and blah, blah, blah. All of us who own homes and automobiles, as well as those who have children, are familiar with the concept of unexpected bills.
How can I know for certain that our former Platinum member has a line of credit secured by the equity in his residence? Nope. However, I believe this is a reasonable assumption because our Emerald attempted to persuade Ambot to do so in order for him to pay off the credit card debt he had accrued as a result of his Amway business, and then, once his credit card debt was paid off, he would have more money to spend on Amway products and tools. Our Platinum informed us that he was debt-free and had paid off his credit card debt as well as any other debts he may have had as a result of his Amway business. I don't believe it was because of Amway in any manner, other than the fact that someone associated with the company advised him to take out an equity line of credit on his home and utilise it to pay off debt. When it comes to selling his house, he would most likely be able to sell it for approximately the same amount of money that he bought for it, if not slightly more. House values in this area have been stagnant for years, neither increasing nor decreasing in value. In addition to the fact that he doesn't live in the best part of town and isn't very skilled at dealing with home upkeep, he also has a bathroom that an army of downline IBO want tobe plumbers and electricians put in that isn't up to code. All it takes is for the buyer's house inspector to call a halt to the transaction! Who knows what will happen? Perhaps he intends to stay for a while, but as long as he is employed by Amway and relies on his line of credit to pay his bills, he will never be able to build up much equity in his home.
At the very least, the Emerald didn't give him some dumb ass advice like selling his house, using the equity to pay off his debt, and then finding a place to rent while he saves up to buy a house again in the future. At the very least, he has a place to live. He owns a piece of real estate. There will almost certainly be no equity! When he sells, he is most likely not going to lose money. And yes, I am aware that he want to sell because Amway will support his goal of purchasing Puryear's river mansion!
He continues to complain about the economy, the nation's debt load, firms closing down, housing values falling, people losing their jobs, bankruptcy, foreclosures, and so on. Shit! There's nothing quite like combining an already depressing Amway meeting with all of the depressing things that are happening in the world to make things even worse. Without the addition of outside forces to the mix, Amway conversation would be dismal enough on its own.
Afterwards, he informs everyone in the room that, since they are a part of Amway, they would not be affected by any of the problems that are afflicting the rest of the globe. They will be able to pay cash for their homes as well as for anything else that they desire. And how will they be able to accomplish this? Because they're piling up additional debt on their credit cards by purchasing Amway stuff, perhaps?
This is what happens when you seek financial advice from a person who is not qualified to provide such advice. As a result of working with upline members that are just concerned with how they can make money off of you, you may find yourself in this situation. I didn't trust any of the nonsense they were saying about how they were assisting us and other people. More accurately, they are assisting themselves in becoming wealthy while causing pain in the lives of others.
Attend an Amway meeting and you'll hear about all of the terrible things that are happening in the world, as well as the cult leader's exaggerated take on current events.
Doom and gloom are in the air. That was the only thing I ever got out of Scamway!
Amway, a firm that has been in business for more than 60 years and engages in direct sales, has experienced its fair share of successes and failures over the course of its history. While some Amway Independent Business Owners (IBOs) have enjoyed great success and attained financial independence, others have had a difficult time turning a profit or even recouping their initial investment in the business. Because of this, there are some people who have a negative opinion of Amway and who see nothing but trouble ahead for the corporation and its independent business owners (IBOs).
There are several other factors that could lead someone to believe that Amway's future is bleak. There is widespread fear that the direct selling sector is experiencing a drop due to a decrease in the number of people interested in joining MLMs or purchasing from those companies. This could be because of shifting customer habits or an improved knowledge of the possible dangers posed by multi-level marketing (MLM) companies. In addition, some people may be turned off by Amway because of its reputation as a contentious and divisive corporation. Some people believe that Amway is a cult or a pyramid scheme, therefore this may discourage potential customers.
Others may hold the opinion that Amway's compensation model is fundamentally faulty because only a few of Independent Business Owners (IBOs) generate big incomes while the vast majority of IBOs struggle to make ends meet. They may also refer to the high cost of admission and continuous expenses as another factor that prevents many IBOs from being successful.
Regardless of the motivations for pessimistic forecasts, it is essential to keep in mind that there are a huge number of Independent Business Owners (IBOs) who have been very successful with Amway. These people often have a strong work ethic, a readiness to learn and adapt, as well as a supporting network of mentors and fellow IBOs in their professional lives.
On the other hand, one must not forget to take into account the fact that not everyone who joins Amway will enjoy the same degree of success. An IBO's outcomes can be affected by a variety of factors, including human effort, the conditions of the market, and personal circumstances. Before settling on a choice, individuals who are thinking about becoming Amway distributors have to first conduct their own independent study, pose pertinent questions, and conduct a thorough cost-benefit analysis of the opportunity.
In the end, a person's personal experiences and perspectives will determine whether they view Amway as a business opportunity that is doomed to fail or one that still has a chance of succeeding. Some people may consider the firm as a possible source of wealth and liberation from one's financial obligations, but others may view it with suspicion and caution instead. As is the case with all types of commercial endeavors, there is no assurance that one will be successful, and each person needs to evaluate the possibilities for himself.
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