In Amway, all "serious business builders" were required to purchase a Premier Membership in the World Wide Dream Builders organisation while we were working there. The cost is $50 each month.
What benefits does an IBO receive from WWDB in exchange for this fantastic "business" investment?
The majority of the time, they receive a portal web page. This is the web address that you give to any unsuspecting customers in order to attract them to shop online at "your" store. You have your own link. Yeah, we all know that the only person who makes a purchase from the business is the ambot, who overspends in order to make up for the lack of real consumers that has resulted in a sales slump. You have the ability to personalise your web page. In the event that you are one of these bizarre individuals who enjoys XS Energy Drinks, you can advertise this on your gateway page. I believe you can provide your name and phone number, which would, of course, be connected to Communikate. Add another $35/month for the messaging programme, which will be required to be purchased by either the asshole who sponsored you or the sack of shit Platinum as part of the deal.
When you purchased Amway books and CDs from the recommended list, you received a discount as part of your monthly membership. Don't get too enthusiastic because it isn't a significant bargain; it may only be a dollar or two off. Whoooppppeeee!!!! If you buy them used off Craigslist or Ebay, or even new from Amazon, it will be less expensive, but you will be a very bad little IBO for trying to save money instead of purchasing from WWDB/Amway so that your upline can earn from the tools you have purchased from them. Moreover, if the jerks in your Amway upline saw you doing so, you would be publicly humiliated at the next Amway meeting.
At a conference that we attended, our Emerald expressed interest in purchasing a website. I believe he was avoiding the question of whether or not to purchase WWDB Premier membership because he did mention that the website cost $50/month, which ironically is the price of the WWDB premier monthly membership, which includes a web page gateway and is peddled at Amway meetings.
The Emerald then stated that if you purchase a website, the money will go to Quixtar and World Wide, not him.
Despite the fact that he is probably partially correct, the money does not go to him. After all, he's only an Emerald after all. If you've read Eric Scheibeler's book Merchants of Deception, you'll know that he discusses income sharing from the Amway tool scam. The Diamonds are the primary beneficiaries of the tool scam's income. As an Emerald, he was paid approximately $900 for presenting at a conference or party, but these opportunities were few and far between as he was. I'm a little fuzzy on the specifics because it's been a couple of years since I read the book, but I believe he received a tiny discount on the tools, which he was then able to sell to his downline at retail cost, and he received the profits as compensation.
As a result of his book and the experiences of other Emeralds who have written about their experiences on the Internet, I believe it has also come to light that they do occasionally receive a piece of the tool scam pie, but that this is contingent on the generosity of their upline Diamond. Their Diamonds were apparently avaricious jerks, as evidenced by the fact that they were not sharing a significant portion of the earnings from the tool scam with a humble Emerald.
Scheibeler also stated in his book that at the height of his Amway success, he was making slightly more than $35,000 per year from the company, which was a far cry from the money he expected to earn at this level with approximately 1000 downline members beneath him. This is a far cry from the $100,000 to $125,000 that we were told an Emerald was worth at Amway meetings. The former Emerald in question claimed to earn between $2000 and $3000 per month from his Amway business, according to a video I saw on YouTube a few years back. He also came to the fact that the money simply wasn't there, and that there were more honest ways to make more money than working for Amway, and he decided to leave the company.
Approximately the same moment we decided to leave Amway, the piece of shit Platinum sent out a message stating that the Emerald required a fence to be constructed. He was inquiring as to whether anyone in the group knew of someone who could give those services. We know someone who owns a fencing company, but Ambot scoffed and remarked that the jerk only has an Emerald salary and therefore cannot afford to pay someone to build a fence!
For the luxury of "being around the Emerald," I believe the Emerald was successful in enlisting an army of IBO slaves to come out and work for free for her benefit. Further to his claim that the money does not get to him, he claims that the money does not go to his downline either!
Amway is structured so that money is funnelled up the pyramid rather than down, so the money does not get to me. Everything else is owed to us since we worked ourselves into a frenzy attempting to make our Amway upline affluent by whatever means necessary.
The Money Doesn't Go to Me: Understanding the Complexity of Financial Systems is the Title of This Book.
In a society that is driven by economic systems and financial transactions, it is necessary to realize that the money we make or spend does not simply vanish into thin air or wind up in our individual bank accounts. This is a fundamental concept that must be grasped in order to function effectively in this kind of environment. The journey that money travels is convoluted and complicated, including a wide variety of people, organizations, and activities along the way. The purpose of this article is to shed light on the journey that money takes beyond our own perspectives and investigate the intricate systems that influence its flow.
The idea of Money Money is a means of exchange that makes transactions possible, which in turn enables us to obtain products, services, and assets. It can be held in a variety of formats, including as actual currency, digital currency, or deposits in a bank account. Money, on the other hand, is not a stand-alone entity; rather, it is part of a wider framework that consists of financial systems that govern its circulation.
Institutions of Finance Whenever any of us brings in money, whether via our own labor or the profits of our investments, that money will typically go through establishments of finance, such as banks and credit unions. These financial organizations serve as middlemen, managing our money and offering us with critical services such as savings accounts, loans, and opportunities to engage in the stock market. They protect our money, provide us with financial products, and help the economy thrive by lending money and making investments. This is an extremely important job for them to play.
Monetary Policy and Central Banks: Central banks, such as the Federal Reserve in the United States or the European Central Bank, are charged with the duty of regulating the money supply in their respective nations and ensuring that prices remain stable. The ability of financial institutions to lend money and the pace of inflation are both under the control of central banks, who exert this influence through the use of monetary policy instruments such as interest rates, reserve requirements, and open market operations. This helps to maintain the steadiness of the financial system as well as the economy as a whole.
Taxes and Government Budgets: A sizeable percentage of the money that we make goes towards funding government budgets, which in turn pay for public services, infrastructure, defense, and social welfare programs. Taxes are the principal source of revenue for governments, and they can take several forms, such as income tax, sales tax, property tax, and tax on corporations and their profits. When we have a better understanding of how tax systems work, we have a better understanding of how money is redistributed and used for the welfare of society.
Investment and Capital Markets: Through capital markets, individuals and businesses frequently put their money into various financial products such as stocks, bonds, real estate, and other financial instruments. These markets not only offer platforms for buying and selling stocks but also serve as a mechanism for businesses and other organizations to generate funds for business growth and expansion. The performance of these markets has a direct influence on the rate of wealth growth and the overall financial well-being of individuals and organizations.
Transactions in International Finance: Money can move beyond national boundaries thanks to international trade, investments made in other countries, and remittances sent home. The ability to move money around the world is made possible by factors such as currency exchange rates, worldwide banking networks, and international payment systems. It is essential to have a solid understanding of the complexity of international finance in order to have a firm grasp on how money circulates on a global scale and how it influences the economic relationships that exist between countries.
Financial Intermediaries and the Services They Provide Outside of the realm of conventional banking, there is a wide ecosystem of financial intermediaries that provide specialized services to help make it easier for money to move around. Insurance companies, investment funds, pension funds, brokerage firms, and financial technology companies are included in this category. Each contributes in its own unique way to the management of risks, the provision of investment possibilities, and the maintenance of the efficient operation of financial markets.
The movement of money within different financial systems can have a substantial impact on both the economic progress of a nation and the distribution of its riches. Economic inequality can be caused by a variety of factors, including but not limited to discrepancies in income and wealth, unequal access to financial services, and barriers to entrance in investment markets. It is essential for individuals and politicians alike to have a solid understanding of these processes in order to successfully promote inclusive growth and address socioeconomic inequities.
The money that we bring in and put out is a part of a much larger and more intricate system of financial transactions that goes well beyond our individual bank accounts. The movement of money is influenced by a wide variety of causes, some of which include financial institutions and central banks, capital markets, and foreign transactions. Recognizing these complex systems is necessary in order to comprehend the broader ramifications of our financial decisions and to advocate for a financial system that is more fair and transparent.
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