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Sunday, August 22, 2021

It's Great For Amway But IBOs Are Still Losing Money?

 From time to time, I hear ridiculous claims made by IBOs. All kinds of claims are made by them that have absolutely nothing to do with their business. Amway, for example, recently reported that their sales had reached $1 billion in a single month. It's a positive development for Amway! Nothing about IBOFightback Enterprises, or whatever you want to call your company, is affected by this. In fact, because the vast majority of Amway independent business owners (IBOs) lose money, it is possible that increased Amway sales will result in even more IBOs losing money.

The Amway Arena was host to a rock concert! The fact that Amway is doing well has nothing to do with John Smith Enterprises. The DeVos and Van Andel families are worth a combined total of $1 billion! It makes no difference to an IBO's business, which is fantastic. The fact that an IBO makes a net profit does not have anything to do with winning awards in Amway. Amway has announced a partnership with the Detroit Red Wings, according to recent reports. That's great, but how does it benefit IBOs other than providing a topic of conversation?

So many independent business owners (IBOs) mistakenly or ignorantly mistake Amway's success for their own. Of course, when a company receives positive press coverage, it can aid in the recruitment of downline members because they will have something positive to point out. However, many independent business owners (IBOs) do not sell things; rather, they "purchase from themselves." If you are a retailer who purchases from oneself, all of this positive publicity will have no effect on your sales. Without sales, you will not be able to make money unless you recruit a large number of downline members, and even then, without sales and a large number of downline members, you may be operating an illegal pyramid scheme.

Is your bottom line benefiting from all of the good things that are happening for or because of Amway? Is it assisting you with your "Independent Business?" If this is not the case, then why boast about it? What if you're an IBO - a self-employed business owner? You may be able to make the same or comparable claims about your own company.

P.S. Amway is not affiliated with the Better Business Bureau or the Federal Trade Commission. The Amway IBO rules of conduct may be violated by IBOs who make these claims, according to the company's guidelines. If IBOs don't understand what I'm talking about, they should look it up on the internet.

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