So many IBOs and site visitors stop by and inquire as to why I am "criticising" Amway or the MLM industry. The crux of the matter is that I do not always speak about Amway or multilevel marketing in general. In this blog, I will largely discuss training systems such as WWDB or Network 21 and, on occasion, crazy IBO conduct such as lying or fooling people into attending meetings will also be discussed. Every now and again, I get a classic forum troll, such as Ohein56 AKA Kerry Hein, who visits from scam.com, another site in which I am a member.
Amway is a benign corporation in and of itself. The fact that it is a commercial opportunity (although a poor one in my opinion) is secondary to the fact that these training systems enter the picture and convince prospective IBOs that they would not be able to thrive unless they receive their training. The cost of these training programmes ultimately results in financial losses for independent business owners. Due to the fact that Amway items are often more expensive than rival products, they are tough to market, with the exception of supportive family and friends. Instead of moving products, the IBOs engage in a money-shuffling game in which money is transferred from lower level IBOs to higher level IBOs in the form of product bonuses, the purchase of tools and seminars, and the purchase of other products and services.
The only way for an IBO to eventually succeed is to sponsor enough downline so the downline can bear the losses and pass bonuses up the chain as a result of their efforts. Given the fact that many IBOs do nothing and that many IBOs are unable to sponsor anyone, it is understandable why so many IBOs lose money, become disheartened, and eventually give up. Many independent company owners (IBOs) employ the idea that you can earn more than your sponsor, hence legitimising the firm. Many people in MLM earn more than their sponsors since many independent business owners (IBOs) do nothing and then resign. Perhaps if IBOs were made aware of where their money was going, they might become more aware of the scam.
Consider the implications of this. If you spend $300 on Amway products and receive $10 in the form of a 3 percent bonus (100 PV), the remainder of the $$$ bonus you helped earn will be distributed to someone higher up in the organisation. Additionally, if you are attending gatherings and purchasing CDs, for example, you are funnelling money upline in the same way. In the meantime, your upline diamond is showing off a brand new sports vehicle or telling you about a fantastic vacation that you helped to finance with your contribution. Because if IBOs actually believed they were business owners with a business mentality, they would examine and analyse where their monies were going rather than blindly following upline, they would also spot the deception.
After speaking with your upline and discovering that they are unwilling to answer your questions honestly and candidly, you should question why they believe they are capable of advising you on financial matters and business matters if they have not demonstrated that they have actually accomplished the goals that they are attempting to promote. Anyone who has attended a gathering or purchased a CD in which the diamond boasts about purchasing a home in cash has asked if these claims have ever been verified. Has anyone verified to verify whether the diamond's claim of earning $50,000 a month is accurate before believing it?
When a diamond lifestyle is filled with costs, I have my doubts about whether diamonds live up to their reputation. Make the calculations. In the case of a diamond that earns $250K but has children and a stay-at-home mother, what is the diamond's net income? What about expenses such as travel to and from functions, medical insurance, and other business-related expenses? My best estimate is that diamonds, with the exception of few extraordinary diamonds, lead middle-class lives. No, I don't believe in the ability of diamonds or Amway to save marriages or perform any other miraculous feats. Diamonds are more likely than not to look like anyone else.
That's Joecool's point of view, and I agree with him completely.
Joecool Irks is a well-known figure in the Amway world. He has established a prosperous business by putting in a lot of effort, devoting himself, and maintaining a laser-like focus on accomplishing his objectives. Joecool has a deep and detailed perspective on the corporation as well as its business plan because he has been associated with Amway for more than a decade.
Joecool is a firm believer that Amway is a legitimate business opportunity that provides the chance for both financial autonomy and personal development. This is one of the most fundamental convictions that Joecool has towards Amway. He feels that Amway's products are of a high quality and provide real value to customers, and that the company's business model offers entrepreneurs the opportunity to grow their own businesses without incurring the conventional overhead and initial costs involved with opening a brick-and-mortar store.
At the same time, Joecool admits that the Amway business is not a "get-rich-quick scheme," and that being successful in the business needs a great deal of hard work, dedication, and a willingness to learn and develop. He places a strong emphasis on developing meaningful relationships with clients and members of one's team, as well as offering value on a constant basis through the means of education and instruction.
One further essential component of Joecool's perspective on Amway is that he places a strong focus on the significance of self-improvement. He is of the opinion that a person's capacity for personal development is directly proportional to their level of success in the Amway business, and that those who are ready to make an investment in their own growth will be in a better position to achieve commercial success. This entails the cultivation of abilities such as leadership, communication, and time management, as well as a positive mindset and a strong work ethic, among other things.
In spite of the fact that Joecool has a favorable impression of Amway, he is well aware of the negative opinions and false beliefs that other people have concerning the company. He concedes that there have been instances of people being deceived or taken advantage of in the Amway industry, and he stresses the need of transparent behavior and ethical conduct in all facets of the company's operations.
In general, Joecool considers Amway to be a realistic business opportunity that presents the possibility of achieving financial independence as well as personal development. He places a strong emphasis on the significance of putting in long hours, being dedicated, and continuing one's personal development, and he is dedicated to growing his company in an ethical and open manner. Joecool is revered as a leader inside the Amway community, and as such, he acts as a model and source of motivation for others who are working toward achieving success in the business.
0 comments: