One of the most fundamental mistakes that many independent company owners (IBOs) make is to neglect the bottom line while reviewing their Amway operations, in my opinion. The unfortunate reality is that most business building IBOs are trained by their uplines to overlook losses, to view losses as investments in their enterprises, or that money is really not that essential in the first instance. Some uplines may instruct that the business is more about creating friends and being a nicer person than it is about making money. Obviously, all of these things are excellent side effects of reading personal development books and other related materials, but while running a business, the primary goal should be to make a profit.
In the case of many independent business owners, whose enterprises consist primarily of following standing orders and attending activities and meetings, rather than selling things and earning a net profit. The majority of Independent Business Owners (IBOs) are not to be blamed because their upline may provide them with bad advice, and because the Amway business is based on person-to-person selling, it is so inefficient that many groups end up teaching IBOs to simply buy their own volume and recruit others to join their company. This is especially true for organisations that function almost exclusively in this fashion because new and existing IBOs can only profit by continuing to add additional downline IBOs in the expectation that they, too, will purchase their own volume and sponsor others.
When you take a close look at the business plan, whether it is 6-4-2, 9-4-2, or any other version, you will notice that the most majority of these business building IBOs will have low volume and will likely make only about $10 per month. For just $10 a month, however, you will most likely have to spend $300 on items, and if you use a standing order, voicemail, and other features and services, you will most likely spend somewhere between $150 and $250 per month to engage in the educational system. As a result, the bottom line for these IBOs is a net loss! Only when you are able to sponsor a large number of downline members will your losses become lower, and you will only benefit when you have a large number of downline members. As a result, your bottom line is in the red. Moreover, while an Amway defender may point out that Walmart doesn't even provide you with $10 a month, the fact remains that you can acquire many more things from Walmart for $300 than you can from Amway for the same money. Walmart will match any advertised price on a product that both they and a rival may carry if the price is lower than Walmart's. Additionally, Walmart's advertising reaches millions of consumers, making it significantly more effective than direct marketing. While Amway does run some advertisements these days, they do not direct buyers to independent business owners (IBOs). The great bulk of IBO business is still conducted between themselves and their downline, rather than with non-IBO clients.
I challenge independent business owners to examine their bottom lines objectively. It is most likely a new setback. If this is the case, inquire with your upline as to how long this is expected to last. Set attainable goals, and if you are following the advice of your upline but your results aren't improving, you may need to ask yourself what has to change in order for your firm to become lucrative. Basically, if you aren't consistently adding active downlines and clients to your business, you aren't going to get anywhere and are likely to continue operating at a loss month after month after month, year after year. There is little doubt that you will soon come to terms with the fact that you have forfeited hundreds, if not tens of thousands, of cash.
As a former IBO who ran a 4000 PV firm with tight parameters, I was unable to generate a return on the business. I looked at my bottom line, and despite the fact that I was following and achieving what my upline had recommended, there was no money. I came to the conclusion that the work, time, and money invested were not worth it. Aside from that, my upline began interfering with my personal life. I looked at my bottom line and was dissatisfied, so I decided to leave Amway. I eventually found the lies that my upline had told me in order to keep me in the business and to keep me purchasing tools and supplies. It was for this reason that I began blogging. For the time being, my primary goal is to disseminate information about the tools fraud perpetrated by upline. That is the bottom line for Joecool.
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