Earlier this week, there was a post on Amthrax that linked to a post on MLM Punisher's blog about how much money you want.
Punisher's original post is on the prices in Monavie, and it can be found here. It's similar to a post I published regarding Amway prices in Save First Spend Later, which is identical to this one.
Punisher thought Monavie would cost $496.90 per month, while I guessed Amway would cost $476.90 per month. Wow! It's very near! There is a $20 difference. Because we both believe these are the very minimum monthly expenses for a "serious business builder," we believe the total is likely to be significantly higher once you factor in other expenses such as meals and petrol for the car. In order to be involved in Amway, I estimated that you would need to set aside $700/month in addition to receiving a $10 check each month from Amway as compensation for your time and money.
Hmmm. Spend $500 to $700 and you'll get $10 back. SCAM!!!!
Rather, the real goal of this piece is to bring attention back to Amthrax's previous post regarding the Punisher. One poster mentioned something about determining how much money you want to earn and dividing that amount by the number of hours you want to work in order to arrive at an hourly salary figure. It was given as an example, which brought up another recollection of the first time we were in Amway/WWDB: mowing lawns and cleaning houses.
We live in a little house of approximately 1300 square feet with two bedrooms and two bathrooms. A second Amway Independent Business Owner (IBO) in our line had been out of work for a long and believed that Amway would be the solution to all of her financial problems. She'd fallen several months behind on her mortgage payments, and I'm not sure if she had any other source of income at the time of my visit. Alimony? Do you have unemployment insurance? In exchange for $15 per hour, she would clean houses. We felt sorry for her and hired her to come into our home once a week or every other week to clean. I'm not sure how often it happened. Her cleaning time was approximately 2 hours, albeit she may have taken less time because she was constantly yack yack yacking, and we paid her for 2 hours nonetheless. Our house wasn't that large to clean, and it wasn't particularly filthy dirty either. She didn't do a particularly excellent job. I mean, if Ambot comes home and notices that the counter is dirty and has to clean it himself, that's a bad situation!
Having worked for us for around two months, she left a message on our answering machine informing us that her charges would be increasing to $17.50 per hour on that day.
if she cleaned properly, perhaps it would be worthwhile. but we were only allowing her to clean our house out of sympathy for us. The housecleaning was certainly not beyond my capabilities. No, she didn't arrive at her destination to find a dirty house that needed scrubbing to death. The majority of her time was spent dusting, vacuuming, and cleaning the tile floors, wiping off counters, and cleaning the bathrooms. Why it takes 2 hours is beyond me..................... It was Ambot who contacted her, informing her that we had received her message and that we had decided that we didn't require her services any longer.
The amusing thing was that she returned our call and left a message on our answering machine, apologising for not being able to buy her housecleaning services!
That brought a smile to my face. She's talking about who has the financial means to buy what. Our mortgage payments had been made on time. We were in a better financial position than she was at the time, and we hadn't gotten too far into our Amway debt at the time. We didn't think she was worth it at $15/hour because she didn't do a particularly good job cleaning, and we didn't think she was worth it at $17.50 either. Priced herself right out of business. Following the idea expressed by a commenter on Amthrax's blog, she must have calculated how much she needed to earn each hour in order to fulfil her monthly costs and make up for the missing mortgage payments. She must have set a specific number for herself, and she must have adhered to it. However, things didn't turn out that well for her. I'm not sure how many housecleaning clients she had at one time. There was just one other person I knew who was also in Amway and owned a massive home.
Predictably, the bank foreclosed on her home, and the last I heard, she'd relocated to another state to live with her daughter, according to her Facebook page. I'm curious if Amway has been given the boot as well.....
That is something that every business owner should keep in mind, regardless of whether they sell things or provide a service to their customers. Customers will look elsewhere if you charge too much for your services. If you already provide subpar products or services and then raise the price, you've just given your customers the justification they've been waiting for to stop doing business with your company. The fact that Amway products are unreasonably overpriced is well known to everyone who is not an indoctrinated IBO. According to Amway's sales records, less than 5% of their sales are made to people who are not Independent Business Owners (IBOs). Normal individuals who are not brainwashed ambots, on the other hand, realise when they are being duped when they see one.
Price yourself out of business and customers disappear.
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