One thing I encourage Amway Independent Business Owners to do is to apply common sense and keep an eye on their bottom line. If you experience a net loss and continue to operate in the same manner, you are likely to have another net loss. With the Covid 19 causing havoc on the economy, times are difficult right now. Many people have lost their jobs or money, and I hope that this will be restored as quickly as possible. However, I would hate to see IBOs taken advantage of by their upline during this difficult time.
Upline is skilled at teaching something that appears to make perfect sense and then instructing IBOs to practise the exact opposite of that teaching. For example, they advise you how to get out of debt, but then urge your downline to rack up debt by purchasing audios or function tickets on your behalf. If debt is bad for your personal finances, it's even worse for your Amway business. Either the business generates enough income to pay these expenses, or you should think about avoiding them altogether.
According to what I've heard, functions are taking place online, at the usual expense of course. Probably because the gems are all struggling to make ends meet in this tough economy and are looking for ways to increase their own revenue streams. Although you are supposed to only purchase what you require, the de facto 100 PV quota almost guarantees that you will overspend in order to meet the quota or that you will purchase items that you would not normally purchase, such as energy drinks, vitamin supplements, and other related health products.
I just encourage IBOs to conduct a thorough analysis of their bottom lines and to keep onto their money if their firm is successful. It is creating the type of income that you anticipate. In a tight economy, your money is better spent elsewhere than on things that may eventually recover. I'd hate to see people spend their federal stimulus funds on things that aren't necessary to the growth of their businesses.
Keep yourself safe and keep an eye on your bottom line!
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