When I was an Amway Independent Business Owner, I would frequently see my upline diamond driving around town in a business suit. I used to wonder why he would continue to work if he could simply walk away and earn residual money. My sponsor explained to me that the diamond only works because he loves and cares about his downline and wants to assist them in whatever way he can. There are two probable scenarios: either the diamond is labouring to assist his downline out of genuine care, or he is working because he has no choice! The main difference is that the diamond now works the nite and/or graveyard shifts, as many IBOs are establishing their businesses after they finish their day jobs.** Furthermore, it should be noted that my old upline diamond slipped to the emerald level around 2005 and has subsequently regained his diamond status. He also relocated from Hawaii (where he claimed to have a strong affinity for the water) to Washington State, where he now resides in a middle-class area.
Amway has now announced that the average diamond (not in the Q12 programme) earns approximately $150k per year. Even while that is a respectable salary, after taxes and the payment of essential expenses like as medical and dental insurance, the average diamond certainly lives a very middle-class lifestyle. Take into consideration the fact that a big percentage of a diamond's revenue comes in the form of an annual bonus, which means that a diamond's monthly income may be rather low. It is possible that diamonds earn additional cash through speaking engagements, as well as through the sale of standing orders and performing functions. However, the diamond's continual appearances and efforts are necessary for this cash to be generated. When you cease "working," your income stops as well.
So, how likely is it that a diamond will be "free"? As a result, I would have to infer that a diamond is not completely free, and that he may actually have to spend more time sustaining his group than if the diamond had a traditional 9-5 job. For starters, a diamond must stay up with his or her personal group in order to continue to qualify for bonuses. Because of Amway's terrible retention rate, I am very certain that a diamond spends a significant amount of time recruiting individually sponsored IBOs in order to sustain this group. Additionally, a diamond must assist his six or more groups of downline platinums in order for their enterprises to remain viable, or else risk losing his or her accreditation. My prior diamond was demoted to the emerald level, but has subsequently been promoted back to the diamond level. In order to keep up and coming movers and shakers motivated, a diamond must also set aside time to recognise and reward them. When I was deemed a prospective up and coming pin, I had the opportunity to spend time with my upline diamond.
A diamond must go to a variety of parties and speaking engagements in order to maintain his or her tool income stream. The money from tools, while it is claimed to double a diamond's income, it also adds a significant amount of expenses, particularly if the diamond and his family travel first class to demonstrate the diamond lifestyle.
After analysing predicted revenue and expenses, I can only infer that a diamond presumably lives a middle-class lifestyle and works as hard as a man with a 9-5 job, with the exception that a diamond works nights and weekends instead of during the week. Ruth Carter's book provides a compelling depiction of this phenomenon (Amway Motivational Organizations: Behind The Smoke and Mirrors). Despite having a net salary of more than $300,000, the diamond in the book lived in debt, could barely pay his mortgage, and was constantly on the move from one function to the next, according to the storey. Is that a state of financial independence?
According to my observations, diamonds may be busy at the diamond level than the typical Joe who has a 9-5 job. The only difference is that the diamond works the night shift instead of the day shift. Is this the kind of freedom you're looking for?
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