Amway And Motivation?

 I believe that Amway independent business owners (IBOs) have a 50 percent attrition rate in their first year of business. Taking a 5-year perspective, I estimate the attrition rate is somewhere in the neighbourhood of 95 percent. This means that just 5 IBOs will be around in 5 years...

Your Car Salesman Upline?

 It made perfect sense to me when I first saw the Amway plan since the diamond who delivered the presentation made everything appear logical to me. Make money and/or save money as you please. On the surface, it appears that you would have to be completely insane not to want to make...

Walking Away From Amway? (Retirement)

 One of the misconceptions that many Amway Independent Business Owners (IBOs) have is that they will establish their Amway business and then be able to "walk away" from the business while the income continues to flow. In my opinion, if Amway offered such an outstanding benefit as the...

The System?

 Based on my Amway experience, my blogging experience, and observation of other people who give financial advice, such as real estate gurus who teach you how to buy property with no money down, or others, such as Robert Kiyosaki for that matter, who frequently show testimonials of successful...

The Reality Of Amway?

 A part of what keeps some Amway independent business owners going is the "hard reality." The reason for this is that for some IBOs, after a period of time in the Amway business, it might be difficult to leave. You may have been recruited with hopes of earning a lifelong residual income...

The "Business" Mentality?

 "Business Mentality" is something that many Amway Independent Business Owners (IBOs) "believe" they possess, but in reality they are far from having. It is not always the fault of the independent business owners. Many people are recruited into Amway by trusted friends, and despite...

Is Amway A Product Pyramid?

 Starting with the fact that Amway is most likely a completely legal corporation, I am not claiming or insinuating that Amway is in violation of the law. However, I believe that the way Amway businesses are run is similar to that of a pyramid scheme. When it comes to upline bonuses...

Independent Business Owners?

 IBO is an abbreviation for independent business owner. I thought it was cool at the time, but when you look at the big picture, IBOs are simply sales representatives for Amway, with no benefits and no fixed wage. Alternatively, a commission-only salesperson. Salespeople make their...

How "Rich" Is Your Diamond?

 One of the misconceptions held by many Amway Independent Business Owners (IBOs) and others is that their upline diamond is extremely wealthy. At meetings, the speaker would be introduced as belonging to the top one-tenth of one percent of the income distribution. No one ever questioned...

Financial Freedom?

 Financial Independence is a reality! That was one of the most important battle cries I heard when I was recruited to work for the Amway company. By generating residual or passive income, you can obtain greater control over your time and finances. That is what it means to have actual...

Facts About The Opportunity?

 So many people are deceived into believing that by joining an Amway Independent Business Owner (IBO), they will magically become wealthy. Many recruiters will relate stories about how they were previously broke, but that they signed up, overcame obstacles, and are now gems enjoying...

Do You Believe?

 Some leaders in motivational organisations have spoken in the past, and I believe they continue to do so today, about faith and belief. Make it a reality by speaking it into existence. Some of this is the mantra of IBOs who believe they are on the verge of reaching diamond status....

Believing The Amway Illusion?

 One of the many things my Amway upline instilled in us over and over again was the importance of having faith in our business and in our upline. The fact that we had to think that we were going to be successful was essential. IBOs are instructed that they should project a successful...

Amway Crabs In A Pot?

 The storey of the crabs in a pot, which was recounted to me by my Amway uplines and is allegedly still told today, is a humorous one. That crabs will prevent other crabs from escaping the pot by dragging them back into it or pulling them down from the top of the pot. According to the...

Your Big Dreams?

 One of the topics that uplines discuss is the possibility of achieving your wildest aspirations. "What is conceivable" is what they seek to demonstrate to IBOs and prospects. In actuality, however, it is more like displaying the winners of lotteries, because the reality of the Amway...

Where Are The Diamond Retirees?

 Many Amway Independent Business Owners (IBOs) fantasise of obtaining money from having developed a large Amway business, and then "walking away" from the business and retiring young while living a luxurious lifestyle. Some diamonds may include photographs of automobiles, houses, and...

What's The Return On Your Amway "Investment"?

So many independent business owners (IBOs) are taught that they must invest in their businesses. It is not necessary to spend money on equipment, personnel, rent, or promotion in order to make a profit. Voicemail subscriptions, standing orders, website fees, seminars, and books are all examples...

Visiting An Amway Diamond?

 Recently, some blog visitors have recommended me to pay a visit with a diamond or a platinum, which I have done in the past and recently. It seemed to me that spending time with someone in the company might provide me with a fresh viewpoint. I'm not sure what my visitors thought I...

The Amway Opportunity?

 I have debated with Amway enthusiasts over the years, and I have yet to understand what they find so appealing about the Amway opportunity. Is it possible that some of these Amway advocates are so naive or delusional that they actually feel that a business in which one out of every...