One of the misconceptions that many Amway Independent Business Owners (IBOs) have is that they will establish their Amway business and then be able to "walk away" from the business while the income continues to flow. In my opinion, if Amway offered such an outstanding benefit as the ability to generate everlasting residual income, I'm confident that the company would publicise it as a benefit of being an Independent Business Owner (IBO) in some way. Amway, on the other hand, does not. Very likely, your LOS, such as WWDB, BWW, or one of the others, will promote this benefit while informing you that your best chance of obtaining it is through subscription to their "system."
One issue that goes missed far too often is the fact that there appears to be no one who has genuinely retired and is living off the earnings from having once developed a large Amway operation. Even the crown ambassadors appear to maintain a hectic schedule, travelling from function to function and partaking in various other business-related tasks, according to reports. While many of these leaders may claim that they are motivated by their downlines or some other nonsense, I believe that they are motivated to continue working in their Amway enterprises for only one reason. That is, they must continue to work in order to maintain a steady stream of revenue.
The diamond lifestyle that is frequently shown may appear to be a wonderful aim or dream to pursue, but the reality is that a "diamond lifestyle" cannot be supported solely by diamond revenue. According to Amway, the average diamond earns approximately $150,000 per year (Amway now claims $600,000 per year, however this is for Q12 diamonds, which are extremely rare). The majority of diamonds are not Q12). However, while that may appear to be a substantial amount of money, it is far from sufficient to support the kind of lifestyle advertised by diamonds. Even if that income is supplemented by income from the sale of tools, you will not be able to fly your family across the country in first class to attend a variety of activities and still have enough money left over to purchase a luxurious home and automobile.
If I put $1000 in a bank and didn't touch it for a year, the bank would promise that I would receive a specific amount of interest each year, no questions asked. That is referred to as residual income. In Amway, you may earn money in two ways: by selling products and by recruiting others to sell your products. Product sales for profit are possible, however there are drawbacks to this strategy. For starters, Amway items are generally more expensive than those available from local merchants. It is for this reason that you hear so many justifications about quality and concentration, because it is difficult to fight with cost. Second, you are significantly constrained in your ability to advertise, making it difficult to sell your products. Building a downline is another method of generating additional money in the hopes that the downline will assist you in increasing your volume by leveraging your efforts. However, your downline will face the same difficulties that you did when it came to shifting things. After all that is said, even if you reach a certain degree of success, like the Emerald or Diamond, your company will quickly begin to fall apart once you stop working because attrition will have taken its toll on the organisation. It is for this reason that there are large quantities of "former" platinum. If platinum is not a sustainable resource, then neither is any other level of resource.
There have been numerous cases of gems quitting, resigning, or otherwise losing their qualifying status. Every day, new and old customers arrive and depart from this establishment. Do you honestly believe that you will be able to rely on your retirement and residual income in these circumstances? If you believe that, I have some swamp acreage in Florida that I would be willing to sell you for a reasonable price.
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