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Sunday, August 29, 2021

What's Your (Amway) Business Worth?

People see the Amway plan and decide to become independent business owners (IBOs) in the hopes that their Amway income will enable them to achieve their goals and that they will be able to retire from their jobs at a young age while earning a lifelong residual income while walking the beaches of the world. Unfortunately, the vast majority of IBOs will never even sponsor a single downline, let alone make a profit. These independent business owners (IBOs) may stay in the business for a while, but they will eventually leave when they see the writing on the wall. Someone stated on another site that those who wish to labour for 2-5 years and then do nothing are likely to be lazy and, as a result, will be unable to achieve success in any field, let alone Amway. I agree with you, but even the most dedicated and hardworking IBOs rarely make any money or even lose money.

But wait, you're a "independent business owner," not a "small business owner." In such case, why not sell your Amway business instead of quitting? I'm curious as to how many independent business owners (IBOs) genuinely consider the value of their company. In principle, a diamond could sell their business and retire to a lavish lifestyle, right? I mean, it's possible. Some fuel for thought is provided here. The reason for diamonds departing or resigning from Amway is not entirely clear. When they have the option to either walk away and earn an income "forever" or sell the firm, why would they just give up? I mean, do IBOs ever take a moment to reflect on this? It is an honest and serious question that deserves to be taken into account.. Seriously, why would a diamond refuse to go away if they could continue to collect money in perpetuity?

It is my understanding that diamonds have resigned and quit because their business is worth very little or nothing. Furthermore, the vast majority of Amway firms do not even earn a net profit. If you are an IBO who is genuinely debating this extremely important message, you might want to look it up in Amway's laws and regulations. When selling your Amway business, there are several processes that must be completed, each of which involves offering ownership to each person in your upline (To the best of my understanding). When this procedure is prolonged, the attrition of your firm may cause it to become worthless before you can find a buyer, if you are lucky enough to find one at all. Furthermore, if you were to leave, the downline in your group would be ceded to the immediate upline regardless of your actions. So, why would your upline be interested in purchasing your company?

So, IBOs, I have a question for you. What is the monetary value of your company? Your downline does not belong to you. They are self-employed business owners, just like you. Inventory, personnel, or a warehouse storage complex should not be part of your business plan. Your Amway business, other from the opportunity to increase the volume of your own downline, is likely to be of little benefit in the actual world, if at all. So, IBOs and prospects, pause for a moment and consider this. What is the monetary value of your Amway enterprise? Is it true that you've never seen somebody sell their Amway business or genuinely walk away from Amway in order to receive residual income? Do you ever wonder why crowns and double diamonds are still in use, even after people have reached the age of retirement for those who have jobs? 

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