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Friday, August 13, 2021

Most IBOs Fail?

 The majority of IBOs fail. That is hardly a wild conjecture on my part. That is a proven fact. Failure would include doing nothing or putting forth significant effort and failing to generate a net profit equal to the minimum wage for the hours invested. Amway proponents will say that many independent business owners (IBOs) accomplish little or nothing, and while this may be true, even the remaining IBOs who work extremely hard still find little or no success in their businesses. This is the way the system is configured. If you see a diamond "walking the beaches" as the money pours in, it signifies that someone is putting up the necessary effort to make that occur. It is the downline Independent Business Owners (IBOs) who purchase Amway products and tools that allow these diamonds to enjoy the success that they represent. I'm curious if anyone has any personal experience with one of these jewels who are retired and doing nothing while the money flows in.

We also know that some gems are overhyped in terms of their popularity. There has been evidence to suggest that the diamond lifestyle is not always what it is made out to be. Why do diamonds quit, resign, lose their houses in foreclosure processes, and even end up in bankruptcy court if they could actually make residual money by the bucketload? Some diamonds could be considered failures, according to this viewpoint. The diamond lifestyle is a deluding fantasy established by upline leaders in order to encourage recruits to join their organisation. I would suppose that a significant number of diamonds are in debt or are trying to satisfy their financial obligations.

Many Amway zealots and apologists attempt to make ludicrous assertions about the company's founder, such as comparing him to a diamond. The most significant distinction is that a business owner has employees who are paid on a regular basis. These employees were typically interested in the position and had most likely applied for it. If and when an employee leaves, there are other applicants who are willing to step in and take up the work that has been assigned to them. As a result, the company continues to service customer needs while also increasing its profits.

In the Amway opportunity, independent business owners (IBOs) spend money on items, and then their upline leaders want these same individuals to spend even more money to learn how to be motivated to run their own Amway firm. However, in practise, if IBOs produced a profit, it is likely that this would be sufficient reason for them to continue operating their enterprises. Given the difficulty in recruiting enough (suckers) prospects to join the business and fork over money while they lose money, other IBOs have resorted to trickery, deception, and downright lying at times in order to entice potential downlines to their organisations. Amway's reputation has suffered as a result of this.

The 6-4-2 approach ensures that the vast majority of business builders must "do the job" in order to maintain their status, while the minority (most likely) gets only a marginal net profit. It takes three to six groups of IBOs to lose money in order for an emerald or diamond to remain in good condition. Amway has reported that fewer than 4% of its product is sold to people who are not independent distributors. The absence of non-IBO clients virtually ensures that the majority of IBO organisations will either lose money or gain very little money. The vast majority of IBOs are doomed to failure. Furthermore, it is not always the fault of the IBO. The system itself has numerous faults, which the majority of IBOs are unable to overcome, even after putting in significant effort. It is for this reason why the majority of IBOs fail. It is for this reason that I hope prospects will come across and study this material before making a final decision on whether or not to join.

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