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Friday, August 20, 2021

What If Everyone Joined Amway?

 Consider an island with a population of 100 adults. A cousin in another part of the island sponsors one of the guys into Amway. The island residents are a close-knit bunch, so the one IBO sponsors his six best buddies right away, and soon all 100 island residents. They're all passionate about the Amway business, so they put in a lot of effort, but because they're all IBOs, they can only self-consume 100 PV each. As a result, each month, the 100 IBOs transfer 10,000 PV. The group as a total generates around 30,000 BV, and Amway pays the group $7500 in bonus money. Naturally, the first IBO sponsored is now a platinum and receives the majority of the money, while the rest of the group receives lower bonuses.

They all have standing orders, books of the month, and fly to functions because they are serious IBOs. They pay roughly $250 each month on average for Amway training and tools. As a result, the group pays around $25,000 each month for the training that will allow them to retire and leave their employment one day. Each month, the island community loses a net of $17,500 to the local economy. However, there is one local IBO who is making a good living by encouraging everyone to join. Let's take a look at the group as a whole.

The platinum IBO earns well and will be rewarded with a $20,000 bonus at the end of the year. His six downline pals earn barely enough to break even (about 1000 PV) or even lose a little. The remaining residents have collectively lost over $200,000 ($17,500 per month). The local grocery shop owner went out of business, and all entertainment-related businesses suffered as a result of the locals' lack of disposable income to spend on anything other than Amway-related activities. They eventually all left, including the platinum, because as soon as his group left, he began to lose money as well.

Now, Amway apologists would argue that this could never happen, but it demonstrates that even if everyone in the United States joined, this is what would happen. In the United States, I feel the Amway name and reputation are largely saturated. Almost everyone has heard of Amway and/or knows someone who has worked for the company. Millions of people in the United States are likely to have had an unpleasant experience as a result of tool peddlers such as WWDB, BWW, or Network 21. They may have been duped into attending a meeting or misled about something linked to Amway.

While this is a hypothetical narrative, it depicts what would happen if everyone in a city joined the business. It's what's going on right now. Only a few people profit from their downline. And, as is customary, it's the tools that cause people to lose money, whether on Amway Island or elsewhere.

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