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Friday, August 13, 2021

Some Random Observations About Amway?

 1st Observation: In general, IBOs have lower levels of life success than other people. It's for this reason that they are more receptive to business opportunities and more easily persuaded that there is a shortcut to retirement and permanent wealth. Because I was younger and in the early phases of my profession when I became an IBO, I was not in the financial position that I desired at the time. However, many people who are looking for more out of life or a way to get a head start on retirement may be more receptive to considering choices at this point in time. What it boils down to is that the Amway opportunity is a poor choice in my opinion.

Observation #2: It appears that the most vocal zealots/supporters are also the ones with the smallest enterprises. They talk the talk, but there is no sign that they are walking the walk. They will also just speak in generalities about their personal success in the industry and keep it under wraps, or they may make vague references to their level of accomplishment. A fake business owner will claim that their incomes are unimportant to the topic, or they will point to a copy of someone's check or display an image of a diamond's mansion, but they will never give real financial information, as a genuine business owner would.

#3: The company has a terrible reputation and cannot be promoted to the general public without dishonesty on the part of the advertiser or the advertisee. It is for this reason that there are so many testimonials of people who have been duped into attending meetings (including myself). Being straightforward with information will almost always result in a resounding "No thanks."..

Observation #4: It appears that much of the upline education is not centred on how to manage a lucrative business, but rather on how to be dedicated to the whole system. It explains why so many independent business owners (IBOs) don't appear to understand what a profit and loss statement is, let alone bother to keep one themselves. It is also the reason why the content of many BSMs is to encourage the purchase of other BSMs. During functions, they will encourage you to attend further functions and purchase additional standing orders, and when on standing orders, they will encourage you to never quit and to attend additional festivities.

Observation #5: In general, IBOs do not appear to have a plan for when they will be retiring. It is their firm belief that the Amway opportunity will provide for them when they reach the golden years of their lives. They disparage those who are employed and making long-term investments in their futures. They believe that purchasing function tickets is an investment in their future. They are correct. While a fraction of one percent of the population may make a substantial amount of money in Quixtar, the great majority do not. According to my assessment, the fact that the majority did not make a herculean effort is immaterial to the outcome. Overall, the vast majority of those who take advantage of this opportunity will not earn a living off of it. Ignoring this fact is equivalent to burying one's head in the sand.

Please see below for a link to a new Amway blogger. I had a look and found the following articles to be interesting:

https://grannyolove.blogspot.com/2018/09/the-dealbreaker.html

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