There are numerous home-based business opportunities available to persons who choose to work from home rather than going to a traditional brick-and-mortar store or office. Some of these opportunities include: Working from home is one of the catchphrases that IBOs employ when prospecting for new clients. It's one of those expressions that makes people think about whether or not anything sounds like a decent idea. Working from home allows you to establish your own hours, stay at home with your children, and complete household chores and cook meals for your family. If you don't have access to a vehicle to drive to work or if there are no job prospects in your immediate area, finding or developing a career that allows you to work from home is excellent. Not to mention the hundreds of thousands of dollars you would earn each month from your Amway enterprise. Or at least that's what the dishonest, fraudulent Amway ambot that did the recruiting claimed.
Scams are one of the things that people should be on the lookout for when looking for work from home opportunities. These are the types of scams that the majority of people are familiar with: those involving data entry, filling envelopes, and assembling things at one's home. They have been around for a long time, dating back to when con artists placed ads in the classified section of newspapers in search of unsuspecting victims.
The majority of people who think about work from home scams do not consider multilevel marketing (MLM) to be a type of work from home scam to be on the lookout for. MLMs do not have its distributors working out of a physical building that serves as a corporate headquarters. They work from the comfort of their own homes or automobiles.
There was a link to the Better Business Bureau's work from home scams, but it is no longer active. Unfortunately, this is the case. http://www.bbb.org/us/article/work-at-home-schemes-408
When this piece first appeared on the blog, I occurred to copy and paste a quote from the article, which I then posted on the blog:
To avoid falling victim to work-at-home scams, both online and offline, keep an eye out for the warning signals listed below:
• Exaggerated promises about the effectiveness of the product; and
The assertion of potential earnings, profits, or part-time earnings that are exaggerated;
Allegations of "insider" knowledge.
Requirements for payment of fees for instructions or products before explaining how the plan works;
There are claims that "no prior experience is required."
I can dissect all of these warning indicators and figure out how they apply to Amway in particular.
1. Exaggerated promises about the usefulness of a product. Every every day! Perfect Water is the panacea for every ailment known to man. Take any Amway product, for example. In conversation with an ambot, you will hear them brag about how every single Amway product is superior to anything else available on the market. With such brainwashed ambots, there isn't much point in disputing.
2. Exaggerated statements about the future earnings of a business. As I mentioned in this blog post, our upline misled us about how much money one might make in Amway. I believe I covered this topic well. Working 10 to 15 hours per week on a part-time basis, you can earn $100,000 in six months. Several readers have posted comments about the disparity between the promises made to them about how much they could earn in Amway and the reality of how much they really earned in the company. Many former Amway Independent Business Owners (IBOs) have resorted to the Internet to expose the falsehood about how much money one can expect to make in the company. We've got things under control. Income expectations that are not realistic.
3. Allegations of insider information or knowledge. To some extent, it is dependent on what one regards to be "inside information." Despite the fact that we are not talking about stock trading, IBOFB goes around pretending to have all kinds of inside information about Amway. Everyone at the Platinum and higher levels of Amway tells us in meetings that they have information about this, that, and the other and that it is very confidential and that they will release it to the general public once Amway gives them the go-ahead. You can see how important I am by looking at this top secret Amway information that the rest of you ambots don't know. Like, who gives a shit about anything.
4. The need for financial resources. Yup. You must spend a lot of money on Amway equipment in order to learn how the plan works, only to discover that there is no plan other than purchasing a large number of tools in order for your upline to become richer.
5. Claims that no prior experience is required. Yup. We were assured that becoming an Amway Independent Business Owner (IBO) was so simple that anyone could do it. Whenever we expressed concern about our lack of sales expertise or lack of interest in product sales, we were informed that it didn't matter because we didn't have to sell anything. I'm assuming that is correct. Amway items are intended to be purchased by Ambots, but sales to non-Amway customers were mostly ignored.
And, sure, the Better Business Bureau lists multi-level marketing companies as scams to be on the lookout for. Here's what they have to say:
Advertisement for MULTI-LEVEL MARKETING — "We make it feasible for people like you to earn more money than they have ever earned in their lives through our products! Soon, you'll be able to delegate money-making responsibilities to others, allowing you and your family to relax and enjoy your comfortable lifestyle! There is no prior experience required."
Multi-level marketing, sometimes known as a direct sales system, is a well-established and legitimate mode of doing business in the United States. There have been numerous instances of people effectively selling the products of respected companies to their neighbours and coworkers. These individuals are independent distributors who sell well-known products while also recruiting additional distributors to join them in their endeavour. On the other hand, illegitimate pyramid schemes might look very similar to these genuine direct sales organisations. There is a clear distinction in that the emphasis is on recruiting others to join the programme rather than on selling the commodity itself. For a period of time, new recruits who make the financial commitment to purchase product samples keep money flowing into the system, but very few things are actually sold during that period. When a market becomes saturated, the people at the bottom of the food chain find themselves unable to make a living by selling products or hiring new employees. When the entire system comes crashing down, only a few people at the top have profited, while many at the bottom have lost their initial investment.
That is absolutely correct. In order to be an Amway IBO, you must first recruit other individuals to become IBOs, rather than actually selling Amway products. According to Amway's own sales data, less than 5% of their sales are to consumers who are not Amway Independent Business Owners (IBOs), making finding customers to sell items to a low priority. The primary motive for becoming an Amway Independent Business Owner (IBO) is to purchase Amway items for personal consumption and recruit others to do the same. Furthermore, everyone is required to purchase CDs, books, and attend all occasions. Invest in tools! Purchase additional tools! Amway meetings are devoted to instilling this philosophy.
At the very least, victims of scams such as envelope stuffing and data entry tend to lose lesser sums of money, such as $10 or $100.
Victims of the Amway fraud usually lose tens of thousands of dollars in the process. It all depends on how long they continue to fall for the con. Other Amway victims have lost their homes, their credit ratings, and their relationships with their families.
Keep your distance from wicked Amway con artists! Scum of the earth, you are!
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