http://expeditionoftruths.com/2012/02/22/keep-on-working/ The irony is that if you establish a solid platinum business with adequate width in the Amway Business Opportunity, you may earn somewhat more than double the meagre pension of a registered nurse. (This does not include the Q-12 bonus) The reward of this, aside from monetary remuneration, is that you have assisted other persons or families in having the opportunity to achieve the same level of success as you. Again, I will assert that we will never be able to persuade anybody to do what we do, but the proof is in the pudding with the people we work with and the several semi-retirement celebrations that took place last year to demonstrate this."
**Our excellent buddy Shaun over at WWDB - Expeditions of Truth has written an essay regarding how people are in debt and that they will be working for a long time before receiving a pitiful pension, allowing them to essentially live in poverty when they "retire." We encourage you to read it. According to Shaun, he wants to start a Q12 platinum business. A Q12 platinum company sounds fantastic right now. But what exactly is a Q12 Platinum Business, and how can you become one? For the purposes of this definition, a Q12 business is one in which you have moved at least 7500 PV in volume, or approximately $22,000 in revenue, for all twelve months of the Amway fiscal year. It is estimated that the average compensation for a Q12 Platinum firm is $51,437 per year, according to the information on www.amway.com"
As a result, your gross income of $51,437 is a pretty solid supplement to your investments and any other sources of income you may have. However, there are certain things to consider. An individual who owns and operates a Q12 platinum firm is very likely to be involved in the training and development of the tools. Because of the costs connected with this, a considerable portion of that Q12 income might be eaten up, especially if the Platinum firm is owned by a married couple or if they have children. Another factor to examine is the chance of someone attaining success in such a venture."
According to www.amway.com, there were 300,000 independent business owners (IBOs) in North America who got a bonus. Q12 platinum was attained by around 0.25 percent of those who participated. One-fourth of one percent is a small percentage. One percent would equate to 3000 IBOs, whereas one fourth would equate to 750 IBOs. As a result, there may be approximately 750 Q12 platinums in North America. So, in order to make $51,437, you must be out in the field demonstrating the strategy and assisting new IBOs. This is because many IBOs quit, and many accomplish little or nothing before quitting. Spending money on training and motivating your downline is another expense. And for that, only roughly one-fourth of one percent of the population is capable of achieving this level of success."
This does not appear to be a very promising possibility for people who are capable of evaluating a firm. We are aware that the platinum must put out a significant amount of effort. Because of the expenses connected with running this type of business, your net income may be $30K or less. And it will need a significant amount of time and money to keep this firm running in the absence of any guarantees. Is it a worthwhile investment of your time and effort? The answer, in my opinion, is no. There are less complicated methods of supplementing my retirement income. I wonder if Shaun is anywhere near a Q12 business?
0 comments: