Do Amway IBOs Have Any Clues About Business?

 In the matter of Roger S. Campbell et al v. Commissioner, TC Memo 2011-42 was issued.

There were a couple of concerns with substantiation in this case, but the most important one was a question of hobby loss related to Amway operations. I recall attending some Amway presentations, and it struck me as surprising that people could actually lose money on something that appeared to be such a wonderful deal.

In their Amway activity, petitioners did not behave themselves in a professional manner. Despite the fact that they maintained a separate bank account for the activity and kept records for certain parts of it, the petitioners never used the records as an analytical tool to improve profitability in the business. She testified that she did not know if the Amway operation was lucrative in any given year until she completed petitioners' tax return for that year, which did not occur until nearly two years later for two of the taxable years in question. It is reasonable to infer that petitioners' record keeping was more concerned with substantiating deductions on a tax return than with determining the profitability of their Amway business operations.

We conclude that a significant portion of the costs of goods sold that respondent disallowed for 1998 and 1999 represents Amway purchases that petitioners withdrew from inventory for personal use or use in their other businesses, after taking into account all of the facts and circumstances, including especially the confusing state of petitioners' Amway records. Furthermore, petitioners' Amway activity was not handled in a businesslike manner as evidenced by the mixing of Amway merchandise with other merchandise and the ensuing considerable discrepancies in stated costs of good sold. Additionally, petitioners claimed personal expenditures as business expenses as a result of the decision.

Despite the fact that the petitioners have past entrepreneurial expertise and have both run other businesses at the same time, they had no prior experience with running a direct marketing distributorship until they were recruited to become Amway distributors in 2007. Petitioners received guidance only from their upline distributors and other interested Amway individuals, individuals who had a direct financial interest in increasing petitioners' sales volume at the expense of petitioners' profitability, and who did not consult petitioners' financial advisors.

Accordingly, petitioners have failed to establish that they engaged in their Amway business with the intent of producing a profit, as required under the law. The deductions they can make as a result of their Amway business are therefore restricted under Section 183.

Every time you gave a presentation, it was always about you recruiting people who in turn recruited other people, etc. It always seemed like someone somewhere had to be selling a ridiculous amount of soap in order for the system to function properly.

Bigfoot, UFOs and Amway Retirees?

 The other night, I was watching a show on Discovery Channel about Bigfoot/Sasquatch, and it got me thinking. It was immediately followed by a show about UFO evidence. It prompted me to consider the nature of these phenomena. The existence of Sasquatch (Bigfoot) and/or UFOs appears to be something that everyone has heard of or knows something about. The existence of these things has been demonstrated in numerous films using photographs and other evidence, yet there is no solid evidence that they exist. Surely, a Sasquatch's body or bones would turn up someplace, sooner or later, and we'd discover irrefutable evidence of a starship from another galaxy, wouldn't we?

What you're hearing sounds exactly like the stories of folks who built a diamond ship, then "walked away" from their enterprises, retired in luxury, and did nothing while the money continued coming in. Many different scenarios were floated around in my head about what would happen, but looking back, all of the diamonds continued to function, and since Joecool left the company, the diamond has either continued to function or quit or been terminated. However, I never heard anyone mention a high-ranking Amway executive who developed a firm and then left it to visit the world's beaches as hundreds of thousands of dollars continued to pour in. Many people have heard about it, but no one seems to be able to identify any of the individuals involved. For one thing, you'd think that after more than 50 years in business, some of these people would still be there, especially given the fact that it appears to be a selling point for many AMOs.

My belief is that Sasquatch, UFOs, and retired Amway's diamonds (with significant Amway income) do not exist and are all urban legends. If these individuals ever existed, there should be some sort of evidence to support their existence. The absence of evidence leads me to believe that it is either non-existent or so unusual that no one has been able to provide legitimate proof. Although there are no longer any T-Rexs wandering the world, fossil evidence indicates that they did exist at one point in time.

Given the high attrition rate of the Amway business, combined with minimal sales to non-IBOs, it is easy to assume that earning a residual and large revenue is almost impossible in the Amway industry. An Amway business that is left unattended will decay as quickly as a sandcastle that is washed away by the seas. Although it is theoretically feasible to step away from an Amway operation for a period of time and still earn some revenue, this won't be sufficient to support the "diamond lifestyle" as symbolised by diamonds at functions and open meetings, which is what you should aim for. I'm not even sure that active diamonds can afford to live that way comfortably even while growing their businesses, let alone while pursuing their passions. My claim is supported by a substantial amount of evidence. Diamonds are losing their homes to foreclosure, while former diamonds are disclosing information about their earnings. For those of you who truly believe that you can walk away from your Amway business and amass limitless money, I have a bridge in Brooklyn that I would be willing to sell you.

Becoming An Ambot?

 It occurs to the nicest of individuals from time to time, and it usually happens quietly and subtly. These are the indicators that you are becoming indoctrinated, and you are most likely causing irritation among your family and friends as a result of this. I hope this has been of assistance:

*You're driven to recruit as many people as you possibly can. Even misrepresentation or plain lies may be used to entice individuals into attendance at your meetings. Within a short period of time, your family and friends will avoid you like the plague.

We want you to build an unreasonable and irrational enthusiasm for the products. Even going so far as to justify the high quality of toilet paper or to refer to the products as prestigious is an extreme measure. You might even fight over the quality of energy drinks or about phytonutrients, which are things you might not even be aware of at the time.

There are several demands, promises, and subtle threats of failure presented in the promotional materials and motivational seminars if you don't put up enough effort to achieve your goals. i.e. If you give up, you are a loser who is condemned to die poor and miserable.

*Because the method is promoted as the means by which you would become enormously wealthy, you will be under intense pressure to give up any conflicting or competing interests, such as your bowling league or golf club membership. Except for the pursuit of financial independence, there is nothing else that matters in life. All of your activities in life must contribute to the success of your Amway business and have an impact on your financial future.

*Your upline quickly establishes itself as your most trusted friend. Your thoughts and sentiments are influenced in part by the CDs, meetings, and functions that you attend and attend.

Do any of these actions ring a bell with you? Hopefully, none of these habits are being displayed by you.

Amway University?

 One of the most ridiculous things that some Amway apologists say is that the instruction of WWDB or Network 21 (for example) is equivalent to a real and authentic college education, which is simply not true. In fact, some people go so far as to encourage young people to miss or drop out of college in order to devote their time and energy to Amway. To think that these upline leaders are so desperate for a dollar that they would encourage a motivated young student to basically risk their future in order to build a business where you have a fraction of a percent chance of making any real money and possibly even a lower chance of keeping and maintaining it makes me extremely angry.

Plenty of evidence exists to support the claim that college graduates earn more than those who do not have a college degree. I believe the average monthly differential in favour of college grads was approximately $1000 per month more. While not all college students graduate, the graduation rate is approximately 50%. Graduates from college may expect to earn around $50,000 on average. According to Amway, the average independent business owner (IBO) earns $115 per month, or less than $1500 per year. Because Amway's earnings are reported as gross, IBOs who participate in the system (functions, standing orders) are likely to incur a net loss. Try to provide for your family on a budget of 0 dollars.

While there may be some value in some of the content passed down from upline to downline, it does not appear to translate into net gains for the majority of people. Consequently, whatever intangible benefits that an IBO would obtain from his or her Amway education are likely to be discovered elsewhere, without the need to manage a loss-making company. Consider the following scenario: two persons both apply for the same job. One of the candidates has a degree from the University of Washington listed on their resume. The other claims to have received four years of schooling from Worldwide Dream Builders, a non-profit organisation. Which contender has a better chance of getting a serious look? What percentage of IBOs believe that the information they receive at functions is substantial enough to compete with a real, authorised college? If this is the case, they will very certainly be laughed out of the room if they are required to compete for a job.

Alternatively, how about utilising the 6-4-2 method to obtain a business loan from a financial institution? What do Independent Business Owners (IBOs) learn that may be applied to something other than the rose-colored world of Amway? I believe that uplines that persuade young people to divert their education dollars to WWDB or some other system rather than complete college are committing a crime against humanity. I hope that those who are looking for knowledge will come across this information before they are tempted to believe some of the lies stated by some upline leaders in the MLM industry. However, I find it odd that many of these same leaders send their children to college as well. Hypocrites?

Amway IBOs "Choose" Success?

 Many independent company owners (IBOs) appear to believe that success in the Amway business or in other areas of life is simply a matter of personal preference. They incorrectly believe that you have the ability to select whether or not you will succeed. The two of them appear to assume that perseverance and a determination to win will eventually secure them a coveted seat in the diamond club. If this were indeed the case, wouldn't we see a slew of new diamonds being discovered every year at this point? As a result, we see a few new diamonds every now and then, and while there are a few new diamonds in the United States every so often, we also see others resigning, falling out, or leaving Amway in search of better opportunities. It makes you question whether the reward is really worth seeking in the first place.

In contrast, IBOs and information searchers should be aware of this very clearly. It is not possible to just "choose" to win or succeed. In a football game, both teams can believe and choose to win, but only one can emerge as the victor at the end of the game. Having 100 to 200 downline members is not uncommon for a platinum in the Amway business model. You must therefore be among the top half to one-fourth of one percent of all IBOs in order to be considered a platinum. You will need between 600 to 1200 IBOs in your downline in order to be considered a diamond. This does not include the countless numbers of IBOs that register and do nothing or who register and do a little and then resign. In North America, only one in every ten to twenty thousand will ever attain the level of diamond.

Certain IBOs may share a heartwarming storey, such as "Rudy." Essentially, he was a nobody who had a goal of playing for Notre Dame. Having busted his buttocks and done whatever it needed to make it onto the team, the film concludes with him participating in a game, sacking the opponent, and being carried off the field by his teammates in an avalanche of glory. This is a fantastic and uplifting film. However, what you don't see is the possibility of tens of thousands of young men who had the same desire and may have worked just as hard, but were prohibited from achieving the same restricted accomplishment due to a variety of circumstances and circumstances. Uplines would like you to believe that these kinds of stories can happen to anyone, but the reality is that there is only a limited amount of space at the top of the food chain. In the event that stories like Rudy were commonplace, there would have been nothing noteworthy about them. A once-in-a-lifetime opportunity to witness a great athlete such as Michael Jordan or Tiger Woods is extremely rare. It's similar to getting a diamond. There are occasions when this occurs, but it is extremely rare in North America, where Amway looks to be contracting rather than expanding.

Many prospects and Independent Company Owners (IBOs) in the Amway business are motivated and driven to succeed. Many of them are beautiful young men and women who aspire to greater things in their lives. Even with their best efforts and sincere desire, the vast majority of those who try will fail to realise their goals through the Amway opportunity, no matter how hard they work or how passionately they want it. The reason for this is that there are much too many variables that are not within the direct control of the IBO to consider. Because Amway's reputation in North America is tainted at best, it is practically impossible to sponsor downline members. And if you are able to sponsor, it is likely that your downline will do little or nothing. Many new IBOs will put forth a lot of effort, but will eventually give up due of the difficulties I just stated. If you manage to overcome the huge obstacles, you will still have to work extremely hard to keep the business running. This is all for an unstable average annual income of $146,995, which does not include taxes, medical insurance, or any other benefits you may be eligible for at a job. All things considered, I believe that the diamond income is not all that it is cracked up to be, especially when you consider the elaborate deception that must be performed in order to demonstrate the diamond lifestyle. You will be able to see for yourself if you do the calculations.

Final results indicate that the reward is not nearly as valuable as it appears, and the road to success is one that most people are unable to navigate. And even if you do manage to obtain diamond, as others have experienced, it is very easy to lose it again. It comes down to this: you cannot simply choose to be successful in Amway, or in any other activity for that matter. If you decide to go ahead and do it, best of luck to you.

2-5 Years To What?

 It is still being advertised as a 2-5 year plan to financial independence, which is something I heard about when I was an Amway Independent Business Owner (IBO). 2-5 years of hard effort in your spare time seems reasonable as a goal to strive for in the future. After all, anyone can put in an extra 12 hours a week for a couple of years if they know they would receive such a generous reward at the end of it. The unfortunate reality is that you are likely to experience 2-5 years of financial losses before you begin to see any progress toward financial independence.

A very pertinent question arose when Amway changed its name to Quixtar: exactly how many diamonds were created only through Quixtar, meaning that they signed up in 1999 when Quixtar was established and subsequently became diamonds within the claimed 2-5 years? As far as I'm aware, there were very few (if any) brand-new diamonds in the market. The new diamonds that were identified all appeared to have originated in nations other than the United States or Canada. Even now, my former LOS (WWDB) is bragging about "double eagle rubies," which is not a recognised milestone by Amway (as far as I am aware), and there is no guarantee that reaching such a level will result in an IBO becoming lucrative.

Even now, I don't see a steady stream of fresh diamonds emerging from Amway, which is disappointing. If the 2-5 year plan were to actually function, there would be a steady stream of fresh diamonds being discovered. On the contrary, my former LOS (now known as WWDB) actually has fewer diamonds currently than it did during my IBO days. And of those diamonds who have survived, some have had their homes foreclosed on, and it appears that at least a few of them have experienced financial troubles as a result. Makes me wonder what a diamond's financial situation is like in reality. I think that many of them are in debt, particularly if they are promoting the "diamond lifestyle," which, according to Amway, is unlikely to be sustainable on diamond revenue.

It is conceivable to obtain diamond in 2-5 years (several have done so), however millions of people have attempted to do so and been unsuccessful. When it comes to winning the lottery (if you have a ticket), your chances of winning are far greater than your chances of joining Amway and becoming a diamond. It is also improbable that those who join in the United States and Canada will achieve diamond status within the stated 2-5 years. The 2-5 year plan is not promoted by Amway, but rather by the leaders of the local sales organisations. I think it to be a fraud, and the numbers support my assertions. Rather to working full time, you are much more likely to benefit from working part time for two to five years while saving and investing for your future. If you don't, you'll wind up losing money on functions and standing orders over the next 2-5 years at the very least.

Take a look at the fruit on the tree, as many Amway executives will tell you. The trees in the United States and Canada are completely naked.

You're A Winner?

 When I started with Amway, one of the things my upline taught me, and which I believe is still taught today in various groups, was that winners join the company and losers do not. Alternatively, you could argue that you were a winner since you were taking steps to improve your financial situation, whilst those who did not were losers. or a person who has lost his or her mind. Of course, the upline who made this statement had no awareness of people who were not affiliated with Amway at the time. Some of them may have previously been financially secure, while others may have been taking steps to improve their financial situation. If these uplines, who are known for promoting "positive," had to resort to labelling individuals losers just because they did not believe that Amway was the greatest thing that ever happened to mankind, I'm baffled.In many games or athletic events, there will be a winner and a loser. In many games or sporting events, there will be a winner and a loser. Losing a game does not automatically equate to being a loser, and a team that wins the game would not imply that the losing team was a loser. You can't image a sports team's coach standing on the platform after a victory and claiming that the other squad was a bunch of losers with no heart or a bunch of broken minded losers with no heart. That would never happen in the real world, but it happens all the time in the Amway/IBO world. Rich DeVos, the owner of Amway, had once stated in a recorded message that just because people do not agree with you (paraphrased) about Amway does not automatically make them losers, and that independent business owners (IBOs) should refrain from labelling individuals losers.

People's jobs are also being questioned as a result of all of this. That a position is synonymous with phrases such as "barely over broke" or "jackass of the boss," among other things. For many Internet marketers, their long-term objectives and fantasies include quitting their day jobs so that they can sleep all day and enjoy a life of luxury. Ironically, it is the majority of IBOs' jobs that continue to generate income, allowing them to pay their bills and provide for their families. An IBO's role also entails funding their Amway and training expenses, such as product purchases and functions, as well as voicemail, among other things. Most people would be unable to even join Amway or purchase any tools if they did not have a job. Unfortunately, most Independent Business Owners (IBOs) will not make any money in Amway and will be required to continue working at their current occupations. I do not feel that someone who earns a decent livelihood through employment is a loser in life. Ironically, many of the people who label others as losers are themselves not even making a profit from their Amway business!

Yes, there will be winners and losers in this company, just as there will be winners and losers in sports. The question is if you are the one who has the authority to determine who is and who isn't allowed to participate. In addition, I believe that IBOs are absolutely sabotaging any future business opportunities through their actions. Consider the following scenario: I went to a store to purchase something, but the item was not available on that specific day, so I did not make a purchase and simply left. As I walk out the door, the business owner tells me that I am a loser for not purchasing things from him. Is it likely that I'll return? It's really unlikely. If an IBO sincerely believes that they are a store owner, they should consider all possibilities as possible customers, whether they are in the future or present. If your upline tells you that those who aren't interested are losers, you should question him about how much money he's making from the Amway business opportunity. Your reaction to the solution could surprise you!

Your Million Dollar amway Business?

 Thousands of IBOs believe they would labour for 2-5 years, build a million-dollar business, and then retire to the beach anywhere in the globe while money pours into their bank accounts. This is a common misconception. Unfortunately, most Independent Industry Owners (IBOs) will never achieve the success they were promised as prospects in the Amway business. This, in my opinion, is the most serious crime in the entire situation. To instil false aspirations and dreams in someone's mind, and then profit from them by selling them equipment that will not assist them in realising those hopes and dreams. In reality, the cost of tools is one of the factors that contributes to the financial disaster of some independent business owners.

The vast majority of independent business owners will never sponsor a downline, and many IBOs will never even have a single customer. What kind of business may achieve astronomical levels of success and profitability without a large number of customers? It appears that this distorted concept of buying from yourself as a means of being successful in business can be found only in Amway and certain other MLM offshoots, among other places. Many people will invest in the company and give it a go because they really want it to be true. Afterwards, when progress stalls or it becomes painfully clear that things aren't going as planned, they feel frustrated and decide to abandon ship. Most IBOs stop and never complain, either out of a sense of shame, or perhaps because they don't want to bring any negative attention to their friends and family who sponsored them.

In order to evaluate a million-dollar firm, I would encourage prospects to visit one. Investigate some larger businesses in the mall by visiting them in person. Is your Amway business similar to it in any way? If so, how? Do you have a number of consumers that corresponds to a million-dollar business? Heck, does your upline diamond truly have a business that appears to be worth a million dollars, or is their genuine business only giving you standing orders and function tickets? On the surface, it appears that standing orders and functions are a multimillion-dollar industry. Customers of the product and its functions include a large number of unknowing IBOs. Unfortunately, there is no neutral documented evidence that the tools do anything other than make your upline's wealthy, which is unfortunate.

Creating an Amway business that is worth one million dollars is a challenging objective, but it is one that can be accomplished with the appropriate frame of mind, certain techniques, and consistent effort. If you want to establish an Amway business that's worth a million dollars, here are some crucial considerations you should make along the road.

To begin, you will need to take your Amway business seriously and devote all of your time and energy to building it into a successful enterprise. This entails devoting the proper amount of time and energy to the expansion of your firm, along with defining your objectives and formulating a plan for achieving them over the course of a longer period of time. In order to accomplish what you set out to do, you will need to be willing to make sacrifices and put your focus on your company rather than on other activities.

You will need to become an expert salesperson and learn the ins and outs of marketing and selling Amway products in order to succeed in the second step. This involves gaining a grasp of the attributes and advantages offered by the items, determining the requirements and inclinations of the target market, and formulating efficient marketing tactics to entice new clients and keep the ones they have. You will also need to cultivate a powerful personal brand and a reputation as a trustworthy and reliable business partner in order to be successful.

Thirdly, if you want to establish a successful Amway business, you need to put together a solid team of people who are both driven and dedicated to the company. These people should also share your vision and be committed to its success. You will be responsible for recruiting new team members, providing them with training, as well as continuous support and inspiration, and developing a culture that values teamwork and achievement. Putting together a powerful team will also require you to hone your leadership skills, such as being able to communicate clearly, delegate responsibility, and find solutions to problems.

Fourthly, in today's environment, it is very necessary to make use of technology and digital marketing tactics in order to construct an Amway business that is worth one million dollars. This involves the use of social media, email marketing, and other digital platforms to reach a larger audience, develop brand awareness, generate leads and sales, and expand sales opportunities. In order to maintain a competitive edge and stay ahead of the curve, it is essential for you to be current with the most recent technological trends and tools.

Fifthly, in order to establish an Amway business that is worth one million dollars, it is essential to keep your mind positive and stay focused on the goals you have set for yourself. This entails cultivating traits like as resilience, perseverance, and a growth attitude, as well as being open to gaining knowledge from one's mistakes and difficulties along the path. It also involves surrounding yourself with positive and helpful individuals, such as mentors, peers, and members of your team, who are able to provide you with direction, motivation, and inspiration.

In conclusion, in order to establish an Amway business that is worth one million dollars, one needs a combination of hard work, dedication, skill, and the right mindset. You can achieve your goal of building a successful and thriving Amway business that generates significant income and provides opportunities for personal growth and fulfillment by treating your business as a serious venture, mastering the art of selling and marketing Amway products, building a strong team, leveraging technology, and maintaining a positive mindset. This will allow you to achieve your goal of building a successful and thriving Amway business.

Your Amway Goals?

 One of the things that you may be taught as an Amway IBO is the importance of setting goals for yourself. As important as it is to set goals, I believe that the context in which they are taught by Amway leaders is misleading. They aim to push you to "go diamond" or to attain some other level of success in the Amway business, but there is no precise method for accomplishing these objectives, and frankly, I do not believe that many IBOs or prospects comprehend what they are attempting to accomplish.

For example, one method by which diamond leaders attempt to motivate their downline is to make displays of riches available to them. They may show you expensive cars or brag about the mansion they own that they paid for in cash, or they may take you on a lavish vacation or show you expensive jewellery. During this time, these diamonds may be in debt to the tune of millions of dollars. A diamond has never shown anyone a copy of their bank account balances or a copy of their company's tax return. While IBOs may say that this is none of their concern, I respectfully disagree. It is normal practise in the REAL world of business to engage in these types of activities. In the recent sale of a franchise firm, a close friend of mine not only provided copies of his bank statements, but also three years' worth of personal tax returns to the final buyer of his business. It was done in order to prove his assertion that his company was worth purchasing.

So, what is your ultimate business aim for IBOs and prospects? If the goal is to earn $500 per month, has your "mentor" actually sat down with you to discuss this and draw out a plan on how to achieve this goal? What about failures and setbacks? When it comes to the Amway business, the company's reputation has been tarnished, making it much more difficult to accomplish specific duties than you may have been taught to believe? Is your upline genuinely assisting you in your own cause, or are they merely directing you to acquire additional equipment and products? Is the same level of assistance provided to you as it is to others in the group if your objective is not diamond? Did you know that your sponsor is obligated to assist you with your training at no cost?

The big question is whether you are making progress toward your stated goal and whether you are on track to complete the goal and reap the rewards, or whether you have fallen into the trap of attending meetings and following standing orders while accomplishing nothing other than shrinking your bank account. If you have set goals for yourself, there should be clear and verifiable means to track your progress toward those goals (i.e. profits). It is possible that your upline is leading you astray if they begin to tell you that you should be a nicer person or that Amway can save marriages, for example.

Your Amway Goals are a collection of aims that Amway distributors can establish for themselves as a means of directing the development and progress of their businesses. Because it helps distributors stay focused, motivated, and accountable for their progress, setting and accomplishing objectives is a key aspect of developing a successful Amway business. Amway distributors may build a successful business by setting and accomplishing goals.

Defining SMART targets, which are objectives that are specific, measurable, attainable, relevant, and time-bound, is often the first step in the process of defining Amway goals. One example of a goal that a distributor can set for themselves is to acquire a certain number of new customers or team members, or to reach a particular level of "Personal Volume" (PV) or "Business Volume" (BV) within a predetermined amount of time.

Amway provides its distributors with a wide variety of training, assistance, and tools in order to assist them in accomplishing these goals. This provides access to tools for marketing and sales, such as product catalogs and marketing brochures, as well as online training materials, webinars, and in-person events.

Amway distributors, in addition to defining personal goals, have the opportunity to collaborate with an upline mentor or coach to design a strategic business plan that not only coincides with their goals but also assists them in achieving success in achieving those goals. This may involve determining the most important target markets, implementing successful marketing techniques, and constructing a powerful team of downline distributors.

The sense of achievement and fulfillment that comes with making progress and attaining success is one of the primary advantages of setting and accomplishing Amway Goals. This can assist build confidence and motivation, and it also has the potential to inspire distributors to continue growing and extending their businesses.

In addition, reaching your Amway Goals can result in monetary benefits, such as increased commission payouts and incentives. Distributors can increase their chances of achieving financial independence and enhancing the quality of life for themselves and their families as a result of this opportunity.

In general, establishing and accomplishing one's Amway goals is a necessary step in the process of building a prosperous Amway business. Amway distributors have the ability to chart their own course to success and realize their goals of financial independence and personal fulfillment if they clearly define their objectives, maintain their concentration and motivation, and make effective use of the assistance and resources made available to them by Amway.

Why I Think Amway Sucks?

 I've come to the conclusion that Amway is a complete jerk. The products are of decent quality, however they are extremely expensive. This suggests that IBOs are overpaying for products that they utilise for personal reasons. A notable example is Satinique shampoo, which costs approximately $10 for a small bottle and is available at drug stores. A pint of shampoo may be purchased for approximately $3 at WalMart or Target. Moreover, you can dispute about the quality; but, in my perspective, the items from WalMart or Target are on par with the stud from Amway. Amway's hefty 30 percent plus percent bonuses are incorporated in the items that the company sells, so it has no choice but to operate in this manner.

And, on top of that, Amway leaders teach a lot of self consumption, which results in the IBOs receiving bad value, as well as any family, friend, or customer that expresses sympathy or makes a legitimate buy from the organisation. Not to mention the fact that the Amway opportunity is essentially a product pyramid due to the fact that it is based on personal consumption. The money is funnelled upwards to the top, while the rest of the workforce suffers financial setbacks.

Further aggravating the situation, the diamonds prey on the hopes and desires of the company's loyal downline by peddling useless training that is misrepresented as the key to Amway successS. However, the reality is that there are just a few fresh gems available. LOS WWDB has fewer diamonds in the United States currently than they had when I was an IBO for them in the past. If Amway was so successful, where has all the fruit from the tree that Amway/WWDB leaders used to brag about been hidden away? Diamonds who have lost their homes to foreclosure (Shores/Duncan), a triple diamond in chapter 7 (Duncan), and divorces are the WWDB's fruits (Kosage, Wolgamott, Danzik, Brooks). Maybe there's something else that I'm not aware of.

With so many roadblocks in the way of earning money and having to pay for inadequate training, it's clear to understand why Amway is a bad business.

Why Did I Join Amway?

 For those who have already joined Amway and are attempting to make a buck, only to witness net losses month after month, it is understandable to ask why they signed up with the company in the first place. My first motivation for being an IBO was the promise that I could easily earn a few of hundred dollars each month, which would have a significant influence on my financial situation at the moment. Without a doubt, it made reasonable that I would need to put a little amount of money down to get started and learn the ropes of running a small business.

When I first began out, there was a lot of anticipation and enthusiasm about my company. I sponsored people, and my company was on its road to success. I was hailed as a game-changer, and I even had the opportunity to attend certain home board meetings with my upline diamond. Despite the fact that I followed all of the advice I received and implemented the business parameters that were recommended, I observed that whatever money I earned was either lost or devoured by the "next major function," which devoured any money I gained and then some. As you should be aware, there are four major functions and a slew of regional functions to be performed. However, for many, the most important functions are held outside of your local area, necessitating travel, often by air.

My understanding of what was going on began when I attended a gathering dubbed a "family reunion." After the function, my upline platinum insisted that we "stay out" until about 1:30 a.m. after which we left. He began to explain how the business has nothing to do with money. He was adamant. This was the most essential component of the business to us: making friends, becoming kinder people, being better husbands or parents, and not making money. While several people shook their heads in agreement, I was wondering, "What the hell?" My time and money would not have been spent in a business where I was "moving and shaking" but not making any money if I had known what I was getting myself into.

Many IBOs have reached a stage where they may find it difficult to quit. Having put in considerable time, money, and effort into your business, you may have been indoctrinated to believe that quitting is synonymous with failure, or that success is just around the corner and you don't want to give up too soon. However, I strongly advise you to look at the facts. What is your net income on a yearly basis? Is it a series of red numbers? Is this a regular loss that is principally attributable to the purchase of tools and functions? If this is the case, you should consider why you joined. Was it in order to be a nicer person, or was it in order to make some money?

What are your chances of turning a profit in the near future if you are only breaking even or incurring losses? Amway executives have stated on numerous occasions that doing the same thing over and over again and expecting different results is a form of lunacy. What part of the world are you in?

Upline Accomplishments?

 I recently came across a message from an Amway apologist on another forum and thought it was worth sharing. She points out that while evaluating information offered by critics, it is important to assess the qualifications of those who are presenting it. I will say that displaying me a sports car or a high-end outfit does not imply financial success in my estimation. Similarly, telling an audience that you buy houses with cash does not provide proof. In fact, some of these haughty diamonds were discovered to have had their homes foreclosed on and to be in financial hardship, despite the fact that they had displayed photographs of their lavish lifestyles at various periods. I feel that many diamonds are likely to be in debt, similar to the overall population of the United States. While in debt, they are attempting to showcase a lifestyle that is unsustainable on the basis of their Amway and Amway-related earnings.

This is an amusing subject for me because, as far as I am aware, not a single upline leader has ever provided verifiable information regarding their own qualifications. The audience has a preconceived notion that the person on stage is successful and has particular qualifications, but are these assumptions correct? I will say that, for example, if someone is wearing a diamond pin, it is likely that this person has at least achieved the diamond level as recognised by Amway; however, the level may not be current, and the level does not indicate the type of income this person earns from Amway, as does the diamond level. In spite of the fact that I had 4000 PV at one point in my Amway career, Joecool is criticised for being out of date. )

Many people believe that diamonds buy their homes and automobiles in cash, that they wake up at noon every day and spend the rest of the day doing recreational things while the money flows in. This is not true. Several new IBOs have informed me that their upline earns significantly more money by taking a piss first thing in the morning than a critic makes in a full year at a job. When several critics offered to take that bet, the IBO went into a state of silence. (Please do the math, folks.)

However, the truth of the situation is that, as far as I am aware, only former diamonds have come forward to disclose their Amway earnings. They were the only ones who mentioned their qualifications and accomplishments. Even those who are critical of Amway are often willing to speak candidly about their own experiences and levels of success in the company. In the REAL world of business, displaying business tax returns and certificates is a standard element of the process of doing business. It appears that the provision of credentials and financial statements is a closely guarded secret solely within the Amway organisation. Now, I am not advocating that IBOs or upline leaders disclose their financial information to the entire world, but prospects and some downline members should be able to see how their upline is doing financially in Amway, especially if that information is used to justify the purchase of their standing orders and function tickets. And I'm only talking about business income and expenses (Amway and Tools), not income and expenses from other personal sources.

I feel that IBOs and upline leaders do not release that knowledge because it would be detrimental to their own interests if they did share it. If it were true, they would almost certainly publish it for free, just as they do when they hand out copies of checks. IBOs and prospects should take this to heart and ask the tough questions of their uplines as a result.

Uplines are extremely important to the success of their downlines in the field of multi-level marketing (MLM), which is also known as network marketing. An upline is a distributor who helps other distributors establish their own businesses and achieve success by recruiting and mentoring new distributors. These new distributors fall under the upline's purview. Many times, uplines have a wealth of expertise and knowledge that they may impart to their downlines. Additionally, their successes can serve as a source of inspiration and motivation for those who are working under them. In this post, we will take a look at some of the most significant upline successes that MLM distributors can use to assist motivate and direct their own work.

Establishing a Powerful and Profitable Downline

Building a prosperous downline is one of the most significant achievements that can be attained by an upline. In order to accomplish this, you will need to recruit and mentor a team of distributors that are capable of building their own profitable businesses. The success of an upline's downline can result in significant financial gain for the upline, in addition to a sense of pride and accomplishment for the upline.

Acquiring the Freedom from Financial Dependence

Through their MLM enterprises, a good number of uplines have been able to achieve financial independence. This indicates that they are able to live the lifestyle of their choice, unencumbered by the restrictions that are imposed by their financial situation. Those who are willing to put in the effort needed to realize their goal of achieving financial independence can get there if they are willing to put in the necessary amount of labor, devotion, and perseverance.

Obtaining Honors and Applause for One's Work

MLM businesses frequently hold awards ceremonies to honor the achievements of their most successful distributors. Uplines who have accomplished a great deal may be presented with trophies, prizes, and other kinds of acknowledgment according on the circumstances. The ability to win awards can serve as a source of motivation and inspiration for other distributors by demonstrating the results that can be achieved through consistent effort and commitment.

Developing Competencies in Strong Leadership

In order to be successful in multi-level marketing (MLM), uplines need to have good leadership qualities. This includes the capacity to motivate and inspire their downline, offer direction and assistance, and lead by setting an example for others to follow. It is a never-ending process to develop great leadership qualities, but doing so is absolutely necessary in order to construct a successful downline.

Developing Creative and Unique Marketing Strategies

When it comes to marketing their multi-level marketing firms, successful uplines frequently employ inventive and unique strategies. They are able to recognize innovative and successful marketing methods that contribute to the acquisition of new clients and the recruitment of new distributors. To develop original marketing strategies, one must have a comprehensive knowledge of the sector as well as a willingness to take chances and experiment with different approaches.

Offering Extraordinary Assistance and Instruction to Those in Need

The likelihood of an upline's downline becoming successful in multi-level marketing increases when the upline provides great assistance and training. This involves delivering scheduled training sessions, providing one-on-one help, and being accessible to respond to inquiries and offer direction. Building a powerful team of distributors who are highly driven and effective can be facilitated by providing great support and training.

Contributing Back to the Neighborhood

A considerable number of MLM uplines that have attained a high level of success give something back to the society. This could take the form of giving a portion of their profits to a charitable organization, volunteering some of their time, or contributing in some other way to their local community. Giving back to the community can help an upline develop a favorable reputation for themselves and their multi-level marketing firm, in addition to offering a sense of fulfillment and purpose to the individual doing the giving.

In conclusion, the successes of an MLM distributor's upline serve as a significant source of motivation and direction in their own efforts. effective uplines are able to attain financial independence, receive honors and accolades, cultivate strong leadership abilities, establish new marketing tactics, provide outstanding assistance and training, and give back to the community. Additionally, effective uplines are able to build successful downlines. MLM distributors can attain their own goals and develop successful businesses of their own if they learn from the example of successful uplines and follow in their footsteps.

Trusting Upline?

 Over the years, I've met a lot of Amway Independent Business Owners (IBOs), and they all seem to have a same philosophy. They have faith in their upline and, in certain situations, regard them as mentors. Now, having a mentor or someone to lead you through a business venture may be beneficial, but with the Amway opportunity, the majority of upline mentors receive compensation from individuals who they mentor. That is a significant conflict of interest, but IBOs are incapable of recognising it. Perhaps a better description of the connection would be that of a hired consultant rather than mentors. What IBOs also fail to recognise is that there is a complete absence of success in the field of rank and file IBOs on a national level.

When an IBO attends a large conference where the plan is presented, the speaker is frequently positioned as a financial guru, as well as an expert on how to be successful in Amway. An IBO may have heard that a trail had already been blazed by upline, and that all you needed to do was follow the path that has been blazed. Don't reinvent the wheel; instead, duplicate what your upline has done. However, as I have stated numerous times before, duplication appears to be simple and straightforward on paper, but in practise, the vast majority of independent business owners (IBOs) encounter difficulties that they are unable to overcome, such as the poor reputation that the Amway name has in the United States. When you combine it with the less-than-competitive prices at which Amway products are sold, you have a problem.

But what is most concerning is that IBOs are taught to trust their upline and follow their instructions (which is a de facto obligation), but they are also taught that failure is due to their own faults, even when they do precisely what their upline instructed them to do. It is also concerning that many uplines would persuade their loyal followers that they need to purchase more and more tools as time progresses in their business (voicemail, cds, seminar tickets). In some circumstances, an upline may persuade their downline to forego fundamental family necessities in order to purchase these equipment. Some IBOs were instructed to forgo meals in order to purchase a CD, or to delay payments on their mortgage or rent in order to be able to attend the next large function. What part of that is sound advice?

I'd also like to point out that if you're a newer IBO or prospect, you may have heard that "everyone starts at zero" or that the playing field is level. It is not the case. As a fresh IBO, you will very certainly fall into the 100 PV range. Because Amway pays out approximately 30% in bonuses, your upline(s) will receive the lion's share of the bonuses on your efforts, while you will receive a 3 percent bonus on your efforts. That doesn't strike me as being particularly level. And your upline has a right to it because they were in Amway before you, right?

Consequently, each IBO should examine the situation objectively and determine whether your upline is assisting you or merely assisting himself by providing you with advice that results in profit for him but little or no reward for you.

The Amway Odds?

 One thing that many Amway promoters are reluctant to discuss is what your realistic prospects of success are in your business. The outcome of the 6-4-2 and 2-5 year plans will be defined as Diamond success, so I will use that as a measure of my accomplishments. There is the possibility of earning some revenue at lesser levels, but my understanding is that diamond is where the major money comes from Amway and the tools begin to flow. And I can understand why folks who are marketing Amway don't talk about your realistic prospects of winning the lottery. Remember that lottery promoters do not parade the millions of losers in front of you; instead, they only parade the winners in front of you. The tens of millions of people who lost money are never mentioned.

Many people, including Amway devotees, will agree that many independent business owners (IBOs) accomplish little or nothing and eventually quit. A small number of customers never even bother to place an order or make any attempt to conduct business at all. For the purposes of this piece, I will not be referring to any of these individuals. I'm referring to those who are willing to put in some effort on behalf of the company.

Many people who want to make a genuine effort will acquire and, hopefully, sell a few products in order to accomplish the target of 100 PV in a short period of time. You will receive around $10 from Amway as well as any profit you may have made from the sale of products in exchange for your time and work. Now, here's the snag. You will almost certainly have to pay website fees in addition to the $10 you receive from Amway. Voicemail, standing orders, book of the month, and possibly attending functions are all things that more dedicated IBOs may be required to pay for. All of these expenses will outweigh any money you generate month after month, unless you can improve your volume by selling a sufficient number of products and/or supporting down line who buy and sell products.

Because Amway is required to incorporate the IBO benefits in their product costs, the products are more expensive than the competition. As a result, sales to non-IBOs are at a low level. If you are unable to generate greater volume through sales to non-IBOs, the only other option is to sponsor persons who will both buy and sell things. However, because of unethical IBO behaviour in the past, convincing people to see the Amway sales and marketing plan may prove difficult. Furthermore, the majority of IBOs are unable to fund even a single downline.

Some Amway supporters may assert that if you follow their CORE principles for 2-5 years continuously, you have a good chance of succeeding in your business. Although it appears to be straightforward, several of these actions are difficult to follow on a constant basis due to the variables I have mentioned. It's not like going for a daily mile walk when you have complete control over each step. People will most likely fail in their attempts to display the plan and sponsor others because they will not be able to identify enough people who are interested in seeing an Amway plan. Many, perhaps the majority of other IBOs can and will follow specific actions on a consistent basis, such as listening to a CD on a daily basis and reading a business success book. However, because of their questionable reputation in the United States, IBOs will most likely be unable to demonstrate sufficient plans for success.

What is your realistic possibility of achieving success? My educated judgement is that it is substantially less than one tenth of one percent. That is the probability of winning the lottery. What are your chances of becoming a platinum member? My educated opinion is that it will be less than a quarter of one percent. If you believe you have a chance of beating the odds, go forward. For the majority of people, it might be a good idea to look into other options.

The 2-5 Year Myth?

 One of the ideas I heard, and which is still being promoted, is the concept of a 2-5 year plan to achieve financial independence and independence. 2-5 years of hard effort in your spare time seems reasonable as a goal to strive for in the future. After all, anyone can put in an extra 12 hours a week for a couple of years if they know they would receive such a generous reward at the end of it. The unfortunate reality is that you are likely to experience 2-5 years of financial losses before you begin to see any progress toward financial independence.

A very pertinent question arose when Amway changed its name to Quixtar: exactly how many diamonds were created only through Quixtar, meaning that they signed up in 1999 when Quixtar was established and subsequently became diamonds within the claimed 2-5 years? As far as I'm aware, there were very few (if any) brand-new diamonds in the market. The new diamonds that were identified all appeared to have originated in nations other than the United States or Canada. Even now, my former LOS (WWDB) is bragging about "double eagle rubies," which is not a recognised milestone by Amway (as far as I am aware), and there is no guarantee that reaching such a level will result in an IBO becoming lucrative. As a result, the eagle programme operated by WWDB is simply measuring tool parameters, which is wonderful for upline but not necessary for the individual business owners (IBO).

Even now, I do not witness a consistent stream of fresh diamonds coming out of Amway's production. If the 2-5 year plan were to actually function, there would be a steady stream of fresh diamonds being discovered. On the contrary, my former LOS (now known as WWDB) actually has fewer diamonds currently than it did during my IBO days. And of those diamonds who have survived, some have had their homes foreclosed on, and it looks that at least a few have experienced financial issues. It makes me wonder what the financial situation of a diamond is like in reality. I think that many of them are in debt, particularly if they are promoting the "diamond lifestyle," which, according to Amway, is unlikely to be sustainable on diamond revenue.

Consequently, while it may be conceivable to obtain diamond in 2-5 years (some have done so), tens of millions (if not more) have attempted to do so. When it comes to winning the lottery (if you have a ticket), your chances of winning are far greater than your chances of joining Amway and becoming a diamond. It is also improbable that those who join in the United States and Canada will achieve diamond status within the stated 2-5 years. The 2-5 year plan is not promoted by Amway, but rather by the leaders of the local sales organisations. I think it to be a fraud, and the numbers support my assertions. Rather to working full time, you are much more likely to benefit from working part time for two to five years while saving and investing for your future. If you don't, you'll wind up losing money on functions and standing orders over the next 2-5 years at the very least.

Take a look at the fruit on the tree, as many Amway executives will tell you. The trees in the United States and Canada are completely naked.

Success Speaks For Itself?

 A commentator on a related Amway site made a fantastic point, which I wanted to share with you. Essentially, he asserted that if IBOs were so successful, people would be drawn to them by natural selection. And that is correct! When it comes to employment opportunities in my area, the local power company offers an outstanding wage and benefits package. When there are only a few opportunities available, you may receive as many as 6,000 applications for those positions. When the federal government hires for positions at the local post office, you should expect to receive hundreds of applications for a small number of positions.

IBOs, on the other hand, must provide justification for their positions. There are several frequent ones, such as how Amway products are concentrated or how their supplements include magical components. If these things were truly so amazing, and if the opportunity truly generated successful independent business owners, there would be no need to be misleading about the products or the opportunity, in my opinion. The products could be easily marketed if they were designed properly. Customer demand for IBOs to locate the merchandise, as well as long lines of individuals eager to see the opportunity, would be the norm. However, this is not the case. Clearly, Amway Independent Business Owners (IBOs) engage in some kind of dishonesty, commonly referred to as the curiosity method or blatant lying.

Instead, Independent Business Owners (IBOs) are the major consumers of Amway products. When encouraging people to see the Amway plan, many independent business owners (IBOs) are misleading. When certain prospects are recruited for the Amway opportunity, they are flat out lied to by the recruiters. Many people still employ the curiosity technique because mentioning "Amway" is more likely to result in odd glances than it is to generate attention. Why do IBOs feel the need to deceive people if what they are posting is not true? Why aren't some independent business owners (IBOs) willing to open their books and demonstrate the financial success they claim to have? What is the source of this secrecy? Why aren't there swarms of new diamonds and emeralds appearing on the market every month? Instead, you hear a lot about Amway's expansion in other nations. Most likely because the Amway name and reputation in the United Kingdom and Canada has not yet been tarnished in the same manner that it has in the United States and Canada.

Throughout the United States, I encounter primarily the same old gems who were in charge of the functions and processes more than two decades ago. Even after accounting for diamonds who have quit or dropped out, I believe there are less diamonds now than there were when I was an IBO in the 1990s. Some of these jewels appeared to be experiencing financial issues as well. The offer is very different from how it is advertised. Success is more powerful than words, and when it comes to Amway success in North America, the silence is deafening!

Reap What You Sow?

 Numerous prospects and Independent Business Owners (IBOs) hold the belief that they will make an initial investment of time and money into their Amway business and that they will eventually receive their time and money back in such abundance that they will be able to quit their jobs and walk the beaches of the world while living in luxury as a result of lifelong residual income generated by their Amway business. I'm curious whether any of you Amway IBOs and prospects can genuinely name even five persons who have actually achieved this goal in your careers. Would you like to have two? You should keep in mind that millions of other individuals have undoubtedly desired to do the same thing and have attempted Amway's systems just to discover that reality is quite different from what they expected.

Many people are under the impression that they will harvest what they sow. While all of those statements are correct, I suppose the next natural inquiry is: what are you sowing? Are you misleading while you're prospecting for individuals to come view the plan with you? Do you find yourself needing to rationalise and make high-priced Amway product comparisons that aren't all that positive? Is it true that you are selling things to clients and thus qualifying for your Amway bonus, or are you simply consuming yourself and encouraging others to do the same thing? Do you have an unfavourable attitude of folks who do not join Amway or who are not interested in seeing the plan (broke losers)? Do you now believe that your boss and your job are inherently evil? Do you leave your children at home while you attend a slew of parties and meetings all at the same time? Isn't it true that you reap what you sow? The real question is, what kinds of seeds are you truly growing in the first place.

I'm curious as to what some WWDB diamonds were planting. Who, at the very least, were evicted from their houses and one in particular was the subject of Chapter 7 bankruptcy proceedings? Is it true that they are reaping what they sowed? What about the diamonds from the WWDB who got divorced? What kind of seeds were they planting? Is the IBO certain that it wants to make the claim of reaping and sowing crops? Joecool the person, like everyone else, has his or her own defects, but the difference is that I am not on stage boasting to be flawless, as many diamonds would imply when they speak (and profit from) their tens of thousands of subordinates. I do not make a living by deceiving people and benefitting from those whom I am meant to be assisting in their endeavours. Your upline diamonds, on the other hand, are not. Consider the fruit on the WWDB tree from a close-up perspective.

No PV In TV?

 One of the many things our upline insisted on teaching us was that there is no PV (point volume) in television. They encouraged the group to stay away from media outlets such as television, newspapers, and other means of communication. This cult-like strategy appeared to be their way of ensuring that we avoided any unfavourable experiences that would have an impact on our thinking. However, it makes obedient IBOs appear lethargic. As if IBOs didn't need to be informed of any new developments. Because your upline will instruct you on what to do, how to vote, and how to think, independent business owners (IBOs) have no need to educate themselves on any subjects. When you look back, you have to question how in the world your upline would be aware of what was going on in the globe if they were following their own recommendations.

It is true that viewing television does not result in a gain in PV, but IBOs engage in a wide range of activities that do not result in a gain in PV. Attending a function or paying attention to a standing order will not earn you any PV. Attending a night owl event or hanging out with your upline will not get you any PV. When it comes to PV, IBOs should be out selling things and developing contacts with potential customers, not sitting at their desks doing nothing. A popular strategy for running a business is to "purchase from oneself," which is taught by some groups that believe that selling is unnecessary. Although watching television is not as cost effective as attending a function or listening to a standing order, it is still less expensive than doing so if you do not receive payment in kind (PV).

As a result, IBOs devote so much of their time to non-income producing activities that it's no surprise that the vast majority of IBOs end up with a net loss after company expenses are taken into account. And to make matters worse, independent company owners (IBOs) conduct their operations on the internet, although it is against Amway policy to market their items on websites such as eBay or Craigslist. Instead, independent business owners employ the least efficient methods of conducting their operations. It is a person to person exchange, one at a time. Many people believe that the only method to raise PV volume is to sponsor downline members. Even many IBOs who place a strong emphasis on selling appear to have no more than a small number of regular customers. But what can you expect when your primary means of expanding your business is through one-on-one contact with customers? There's a good reason why advertising during the Super Bowl is so expensive: your message will be seen by tens or hundreds of millions of people at the same time. IBOs approach people one by one, one at a time.

Knowledge, Skills and Abilities?

 Many Independent Business Owners (IBOs) and Amway supporters believe that their method is effective. As far as I am aware, there is no independent proof that the system is effective. In general, the system consists of a website, voicemail, standing orders, seminars or functions, as well as meetings to demonstrate the strategy, among other components. While Amway supporters will claim that nearly everyone who succeeds is on the system, they will fail to mention that everyone who succeeds also has hundreds, if not thousands, of downlines who do not succeed, despite making a sincere effort to build the business using the system and following the company's guidelines.

A math professor at Massachusetts Institute of Technology (M.I.T.) named Edward O. Thorpe researched and produced a theory on blackjack, concluding that it was mathematically possible for a blackjack player to have an edge over the house in the game of blackjack. Casinos sneered at the theory, claiming that it was nothing more than that. A theory that has no practical application in actual life. Mr. Thorpe, on the other hand, began to play little and discovered that his theory was true. He was consistently profitable at blackjack, thanks to his card counting skills. It wasn't long before his book became a best seller. The casinos became enraged and began ejecting persons who were clearly winning and counting cards from their establishments. Although card counting is not against the law, casinos have the right to refuse to allow a player on their premises. However, what the casinos did not realise at the time was that their revenues were exploding as a result of the large number of players who were aware of the idea but were unable or unable to execute the card counting procedure.

The system, after all, functions well; therefore, card counters should be employed in some capacity. After all, it has been established mathematically that the cards will eventually fall in a player's favour, and in the long run, you can make significant gains by playing blackjack. Of course not; it is absurd for individuals to believe that card counting is a legitimate way to get a few extra dollars. Not everyone has the financial resources, technical expertise, and patience necessary to be successful in card counting. The majority of individuals would be better off not even attempting this.

This card counting system, in my perspective, is no different than the WWDB, BWW, LTD, N21, or other Amway systems that I am familiar with. For starters, card counting is a tried-and-true method of gambling. The Amway systems, on the other hand, are not. However, it can be compared to the banking system in that only a small number of people are able to use the system and make it operate. Even though hundreds of thousands of people may attempt it, only a small percentage will be successful in both Amway and card counting. Those who do not succeed in any of the "systems" stand to lose thousands of dollars. Even in the best-case scenario, doing the right thing can result in losses in either system.

It is "possible" to be successful in both systems, although it is extremely unlikely in either. It is just impossible for the vast majority of individuals to make the systems function for them because they lack the necessary information, skills, and talents. In order to be a long-term success, you'll also need some money, some patience, and a little bit of luck. Rather than comparing the Amway systems to gambling, this article is concerned on a person's capacity to make the system work. The difference is that no one promotes card counting as a legitimate means of making money these days. The same may be said with Amway and their systems, as well. In terms of making money, this is a bad system.

Knowledge, skills, and abilities (often abbreviated as KSAs) are the three primary factors that determine an individual's level of competence and their capacity to carry out a specific profession or task. KSAs are frequently utilized in performance evaluations, job descriptions, and job listings in order to determine whether or not a candidate is suitable for a specific position. The meanings of knowledge, skills, and abilities, as well as their significance, and the ways in which they are connected to one's performance on the job are going to be covered in this article.

The conceptual or factual comprehension of a topic or idea is meant to be synonymous with the term "knowledge." Education, on-the-job training, and practical experience all contribute to its acquisition. Individuals are able to carry out duties in an effective and efficient manner thanks to their knowledge, which serves as the foundation for all talents and abilities. To give just one example, in order to be successful in their line of work, software developers need to be familiar with several programming languages, database systems, and software development processes.

Abilities that a person possesses in the realm of the practical and the technical are referred to as skills. Practice, repetition, and putting one's acquired information to use are the three pillars that contribute to the growth of one's abilities. For instance, in order to build a home or piece of furniture, a carpenter needs to be skilled in the use of various equipment, the ability to measure and cut materials, and the construction of various structures.

People are born with some innate or natural qualities, which are referred to as their abilities. Abilities are not always learnt or acquired, but they can be developed and sharpened through practice. Learning and acquisition are not always required. Some people, for instance, have a natural aptitude to speak well, but other people might require additional effort to improve their communication abilities.

KSAs are frequently utilized by employers as a foundation for the development of job descriptions and recruiting standards. A job advertisement may detail the exact information, abilities, and skills that are required for the position, as well as those that are preferred. Employers may utilize candidates' KSAs as a foundation for screening applicants and determining whether or not they are suitable for the position when conducting the hiring process.

KSAs have a number of applications, including recruitment, evaluation of job performance, opportunities for employee growth and development, and employee training. Employers are able to assist employees in improving their performance and advancing their careers by providing tailored training and development programs. These programs are created by defining the precise information, skills, and abilities that are required for a position.

Not only are KSAs essential for one's success on the job, but they are also necessary for professional development. Individuals can enhance their performance and raise their worth to employers by learning new information, developing new skills, and sharpening their innate strengths. This can be accomplished through continued education and training. Individuals may also benefit from the use of KSAs because it helps them discover new professional options and chances for growth and advancement.

In conclusion, an individual's level of competency and capacity to perform a job or task is mostly determined by their knowledge, skills, and talents in relation to that particular job or task. KSAs serve as a foundation around which employers build job descriptions, hiring standards, and evaluations of employee performance. KSAs are very significant for the growth and training of employees, as well as for the promotion of careers. Individuals can boost their performance, raise their worth to employers, and advance their careers if they continue to improve their knowledge, skills, and talents.

Debt Free?

 One of the topics that many Amway uplines may discuss with their downline is the subject of financial debt. Many IBOs and prospects join Amway in the hope that the company will assist them in paying off their debts by providing them with some additional income. What many IBOs discover, however, is that they end up even more deeply in debt, not necessarily as a result of their association with Amway, but rather as a result of the temptation to acquire equipment and function tickets.

On the surface, debt elimination appears to be a positive development. Although I feel that many uplines simply want IBOs to erase debt so that they can free up discretionary funds that can be used to acquire tools, which uplines earn from, I believe that this is not the case. As a result, even though the counsel appears to be sound, it ultimately comes out as self-serving. If you are an IBO or a prospect, is your upline helping you to get out of debt just to turn around and advise you to attend "all" activities or purchase more tools like as standing orders or audios/cds once you have done so?

As a WWDB IBO, I was constantly reminded of the need of getting out of debt. Even while the idea seemed excellent to me, I was taken aback when the same upline told us that it was appropriate to go deeper into debt if it was necessary to advance our business, in other words, to purchase additional standing orders or attend functions. I couldn't see why it was acceptable to take on additional debt, but not to "invest" in your company's operations. As soon as the IBO can realistically afford to engage in the system, or until the business earnings can cover the costs, functions and other tools should be reduced as well. IBOs, in my opinion, should use the income from their businesses to purchase tools for their businesses. If there is no net profit, then the IBO must determine whether or not the tools are worth the time and money to invest in them. Although an IBO may make some money, the IBOs should decide whether to put the money in a savings account or use it towards tool purchases.

Too many independent business owners (IBOs) place their trust in their upline and make initial and ongoing tool purchases, only to continue doing so without seeing any visible returns. This, I feel, is why IBOs are taught to trust and have faith in their abilities. Another possibility is that success is just around the bend. It allows an IBO to continue operating even in the absence of results. Hopefully, an article like this will raise the awareness of IBOs and possible IBOs in the industry. Those who choose to ignore this information will have a difficult time.

Amway IBOs Keep Paying?

 One element that appears to be similar among IBOs is the fact that they are in denial about their situation. They have a genuine belief that their uplines are looking out for their best interests and that their uplines are motivated by their achievement. That is not something I believe to be true. In the case of Amway, if uplines were actually making a fortune, why would a downline IBO be required to pay for virtually every amount of assistance they receive from upline leaders? Why aren't any functionalities offered at no cost? What would it make if you were making millions upon millions of dollars? Would it make any difference to you?

For the purpose of demonstrating the plan, you would be required to pay to attend an open meeting as well as to pay for your visitors, regardless of whether or not they register as a result of the presentation. If you want to communicate with your upline and downlines, you must pay for voicemail. The cost of standing orders is deducted from your paycheck, and you may be charged twice if you were present at a gathering when the standing order was recorded. You'll also have to pay for books and other supplies.

Furthermore, many independent business owners (IBOs) turn their backs when confronted with unpleasant facts. For example, several independent business owners (IBOs) claim that a well-known triple diamond was involved in bankruptcy proceedings. They continue to edify and pay for financial advice from a man who could not even manage his own financial affairs at the time of the interview. They believe that Amway can save marriages even when the leaders who are preaching this are themselves going through a divorce. This is similar to upline simply revising history, while downlines simply accept it without question. Many independent business owners (IBOs) do not even consider it a problem because some upline lied and claimed that there were no profits from tools in the past. This is puzzling to me because tool earnings are still veiled in secret, and downline simply believes that they will eventually receive a cut, even in the absence of a formal compensation plan and agreement.

I feel that a large number of IBOs are simply in denial. They put their faith in upline, and upline takes advantage of them. IBOs are told they are successful simply for attending a gathering, despite the fact that they may be losing money month after month in their business. It is possible that they will be taught that the Amway company is not about making money, but rather about making friends. It is possible that they will be told that they are nicer persons as a result of their engagement in Amway. What far too many independent company owners (IBOs) fail to see is that they are in denial about their businesses. Most independent business owners (IBOs) are losing money, albeit in little amounts, such as $100 or $150 each month. For the dedicated, it may be even more. However, they are trained to reject these obvious truths and to deny that there is a problem in the first place.

In the hopes of informing information searchers and perhaps new IBOs who have not yet been thoroughly indoctrinated, some of these approaches will be made available to them. When looking at this offer, I recommend folks to ask tough questions, demand answers, and conduct due diligence before making a decision. The reality is that only a small percentage of people ever make a profit, and people should be aware of this before getting engaged. IBOs eventually pay up and continue to pay upline for their wise counsel, despite the fact that their bank accounts continue to get lighter by the day. What will be the conclusion?

In order to keep their position as active Amway Independent Business Owners (IBOs) and continue to engage in the Amway business opportunity, Amway Independent Business Owners (IBOs) are needed to pay a variety of fees and charges. Purchases of products, costs associated with education and training, costs associated with marketing and promotion, and annual renewal fees are examples of some of these fees and expenses.

The following is a list of some of the reasons why Amway Independent Business Owners may continue to be responsible for certain fees and expenses:

Belief in the Business Opportunity Believing that the Amway business opportunity may give them with the financial freedom and emotional fulfillment they want is a driving force for many Amway Independent Business Owners (IBOs). They may view the required payments, including the fees and expenses, as an investment in their future and continue to do so in the expectation of reaching their goals.

Commitment to their Team Because Amway Independent Business Owners typically create their companies as part of a team, they may experience a sense of obligation to continue supporting their team financially by paying fees and other expenses. They might also get the impression that the other members of their team are counting on them to contribute to the team's overall success.

Fear of Regressing Some Amway Independent Business Owners (IBOs) may be hesitant to discontinue paying fees and costs because they are afraid of regressing in their business and losing the progress they have made. For instance, if they stop making product purchases or attending training sessions, they run the risk of losing credibility with both their clients and the members of their team. Additionally, they run the risk of having their position as an active IBO revoked.

Pressure from Upline IBOs: Upline IBOs, who are higher-ranked members of an IBO's team, may put pressure on their downline IBOs to continue paying fees and costs in order to preserve their status and rank within the organization. This is done so that the downline IBOs can continue to receive benefits from the organization. This pressure might come across as encouragement, persuasion, or even outright coercion depending on how it's delivered.

Lack of Awareness It's possible that some Amway Independent Business Owners (IBOs) do not have a complete understanding of the fees and expenses that are associated with the business, or that they do not know of alternative ways to run their business that are more cost-effective. As a consequence of this, they might keep paying these fees even after fully evaluating the effect it will have on their finances.

In conclusion, Independent Business Owners in Amway may continue to pay fees and expenses for a variety of reasons, including their belief in the business opportunity, devotion to their team, fear of losing progress, pressure from upline IBOs, or lack of awareness. Although it may be necessary to pay these fees and expenses in order to take part in the Amway business opportunity, Independent Business Owners (IBOs) should take the time to thoroughly analyze the impact on their finances and ensure that they are making decisions based on accurate information.

Amway IBOs Have Business Mentality?

 "Business Mentality" is one of the characteristics that 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 their lack of business expertise, they will "submit" to their upline's recommendations and make an effort to learn about the Amway business. In many cases, the problem is that upline leaders encourage self-serving business practises such as hard core adherence to their tools system, from which they typically reap substantial financial rewards. Look at some of the problematic procedures that have been implemented.

"Make a purchase from yourself." Having a business owner mentality means you only buy from yourself if it is advantageous to your company's growth and success. Many independent business owners (IBOs) make ludicrous claims, such as the assumption that a McDonald's owner would never eat at Burger King. That is complete nonsense. Just because I own a McDonald's restaurant does not imply that I will be consuming Big Macs for the rest of my life. You can't spend your way into financial success. If I sell pens for $1.00 and my cost is.50, and my competitor has a special on the same pens for 3 for $1.00, I will purchase the pens from my opponent's special. Additionally, purchasing from yourself makes you a customer rather than a business owner.

"If you have a dream, you should ignore the facts." This is possibly the most egregious piece of bull crap ever taught by an upline. This has been said by IBOs who are downline from WWDB and BWW leaders, in particular. Instead of ignoring the facts, a business owner studies them. Any REAL business owner is interested in knowing how much money is coming in and how much money is leaving. That is how you can determine the beating heart of your company. Gina, a site visitor on our site, just uploaded a profit and loss statement from her real-world business on this site. Naturally, IBOs were at a loss for what to say about it because it was unfamiliar territory for them.

"Please submit to upline." Yet another bunch of nonsense. Just though they "sponsored me" or anything does not obligate someone to submit to their upline. The advise of someone upline who has not taken the time to examine each IBO on a personal level in order to be able to give advice on an IBO's "Independent Business," or worse, advice on their personal lives, would be unwise for a real business owner to follow.

"Dedication to the system" is the phrase. In addition, it was a ridiculous piece of advise. What level of commitment does the system have to an IBO? The system takes credit if an IBO succeeds (which is extremely rare), but for the more than 99 percent of people who never make a substantial income, it is their own fault if they do not make it. Amway defenders will argue that many of those who joined the company did not do so expecting to make a significant salary. However, tell me where individuals show "plans" created for the guy who wants an extra $100 a month, even if that is somewhat true. The plans that are shown are always (as far as I can tell) for platinum or diamond.

Does any of this sound familiar to IBOs and information seekers? Is this anything you've encountered before? If this is the case, I recommend you to post inquiries here and seek additional information before engaging in any further "commercial" action.

Independent Business Owners (IBOs) of Amway typically have a robust business attitude, which is a key factor in the success they have inside the firm. A business mindset may be shown in Amway Independent Business Owners in a number of critical areas, including the following:

IBOs of Amway are typically highly goal-oriented individuals who are intent on accomplishing the things they have set out to do. They worked incredibly hard to accomplish the definite and quantifiable objectives that they had set for their company. IBOs in Amway are required to establish a customer base and attract new team members in order to expand their business, therefore having the drive and determination to do so is important to their success in the Amway business.

Strategic Thinking is another talent that Amway Independent Business Owners (IBOs) demonstrate in abundance. They do an analysis of their company and find areas in which they can enhance their performance. This could be accomplished by more efficient operations, more effective marketing, or improved service to their customers. They also keep a close eye on their rivals and search for methods that they may set themselves apart in the market.

Amway Independent Business Owners (IBOs) also have a great grasp on financial matters. They are aware of the significance of practicing efficient financial management, accurately recording their revenue and expenditures, and making investments in their company with the goal of achieving long-term expansion. They are also aware of the significance of diversifying their sources of income and constructing a sturdy company that is capable of withstanding shifts in the market.

Skills in Sales and Marketing Amway Independent Business Owners (IBOs) possess a high level of expertise in sales and marketing. They are well aware of the significance of forming relationships with consumers as well as prospects, and they employ a wide array of marketing tactics in order to enhance the sales of their goods and services. They are also skilled at maximizing their brand's potential by utilizing digital platforms such as social media to communicate with a larger audience and expand their business.

Leadership is another quality that Amway Independent Business Owners (IBOs) demonstrate in abundance. They are aware of the significance of assembling and cultivating a group of persons who have similar goals to themselves and who can help them achieve those goals. They help their team members create and develop their own companies within the Amway framework by providing them with direction and support and guiding them through the process.

In conclusion, Independent Business Owners (IBOs) with Amway tend to have a strong business attitude, which is a key factor in their success inside the firm. They are capable of setting and achieving goals, thinking strategically, being financially aware, being excellent in sales and marketing, and being effective leaders. This mindset enables individuals to establish a successful business within the Amway framework, which in turn allows them to realize their goals of achieving financial independence and experiencing personal fulfillment.

Amway Freedom?

 When I was an IBO, I often saw my upline diamond driving around town dressed in a work suit. I used to wonder why he remains working if he can "walk away" and get residual income? My sponsor told me that the diamond only works because he cares about his downline and wants to help them. So there are two conceivable possibilities, the diamond is trying to help his downline out of a genuine concern for them, or alternatively he is working because he has to! The only difference now is that the diamond works the nite and/or graveyard shift, because many IBOs are establishing the business after the complete their day jobs. This is probably why diamonds sleep until the "crack of noon", because they are working all night!

Now Amway has estimated that the average diamond earns roughly $147,000 a year. That is a nice income, but after taxes and paying for essential expenses such as medical and dental insurance, the ordinary diamond certainly lives a relatively middle class lifestyle. Keep in mind that a big percentage of a diamond's revenue comes in the form of an annual bonus, hence a diamond's monthly income may be rather little. Yes, diamonds may have other sources of income such as speaking engagements and money from standing orders and festivities. But this money depends on the diamond's continuous appearances and efforts.

So is it conceivable that a diamond is "free"? I would have to infer that a diamond is not free, and may actually have to spend more time sustaining his group than if the diamond merely had a 9-5 job. For one thing, a diamond needs to maintain a personal group to keep qualifying for bonuses. With a terrible retention rate in Amway, I am very convinced that a diamond spends significant time recruiting personally sponsored IBOs to maintain this group. Additionally, a diamond must aid his six or more groups of downline platinums to retain their enterprises or face the prospect of falling out of qualification. My old diamond went down to the emerald level but has recently re-qualified at diamond. A diamond must also commit time to reward up and coming movers and shakers, to keep them engaged. I got to spend time with my upline diamond when I was deemed a promising up and coming pin.

In order to continue to get tools revenue, a diamond must also travel to several parties and speaking engagements. Although the additional income purportedly doubles a diamond's revenue, it also adds a lot of expenses, especially if the diamond and his family travel first class to show off the diamond lifestyle, and stays in 5 star hotels. It is probably why diamonds demand free transportation to and from the airport and why they stay with friends when travelling as much as possible.

After breaking down predicted income and considering projected expenses, I can only infer that a diamond probably lives a middle to upper middle class lifestyle, and probably works as much as a man with a 9-5 job, except that a diamond works nights and weekends. A decent depiction of this is provided in Ruth Carter's book (Amway Motivational Organizations: Behind The Smoke and Mirrors) (Amway Motivational Organizations: Behind The Smoke and Mirrors). In the book, the diamond had a net income of almost $300,000, but lived in debt, could barely afford his mortgage, and was always on the run from one function to the next. It is incredibly expensive and time consuming to go from city to city showing off your freedom and diamond lifestyle.

Is this the freedom you are seeking?

Amway is a multinational firm that engages in multi-level marketing (MLM) and gives individuals the opportunity to become independent business owners (IBOs) while also selling a wide range of high-quality items. The freedom to work for oneself, the freedom to determine one's own schedule, and the flexibility to establish a business that may provide one with financial freedom and stability is one of the most important promises made by the Amway business.

One of the things that draws a lot of Amway Independent Business Owners to the company is the opportunity to be their own boss and set their own hours. Individuals have the option to be their own boss and take charge of their own destiny when they sign up to become Independent Business Owners (IBOs). They are able to work from the comfort of their own homes or from any location with internet access, and they are in charge of their own schedules. Because of this flexibility, Independent Business Owners are able to develop a work-life balance that is beneficial for both them and their families.

Amway Independent Business Owners (IBOs) not only have the opportunity to work for themselves, but they also have the ability to develop a company that reflects their own personal ideals and areas of interest. IBOs have the freedom to pick and choose the products they wish to offer, and they are able to zero in on markets that are a good fit for their individual interests and areas of expertise. For instance, an Independent Business Owner (IBO) who is enthusiastic about maintaining and improving their health has the option of concentrating on the sale of Amway's Nutrilite vitamins and other items connected to health and wellness.

Financial independence is just another type of liberty that can be attained through the Amway business. Amway Independent Business Owners (IBOs) have access to the resources, training, and support they require to establish a successful business. However, there are no guarantees of success in any business. This involves having access to a large network of mentors, coaches, and other experienced IBOs who are able to provide direction and support to the individual. IBOs have the ability to earn a considerable income, as well as gain both financial freedom and security, if they are successful in developing a profitable Amway business.

The idea of residual income is one of the distinctive facets that set the Amway business apart from others. IBOs receive a commission on a percentage of the sales made by members of their downlines as they grow their businesses and bring on new members. Because of this, Independent Business Owners (IBOs) have the opportunity to make passive revenue even when they are not working on their business actively. IBOs can enjoy financial stability and the opportunity to focus on other aspects of their lives thanks to the residual income they earn from their business.

However, it is essential to keep in mind that in order to establish a prosperous Amway business, one must put in a lot of effort, show dedication, and be persistent. Although the possibility of financial independence is enticing, Independent Business Owners (IBOs) must go into the business with reasonable expectations and the desire to put in the work that is necessary to attain their objectives. Successful Independent Business Owners (IBOs) recognize the significance of goal-setting, the cultivation of a solid work ethic, and the ongoing pursuit of knowledge and skill improvement.

In conclusion, the Amway business offers its independent business owners a wide variety of freedoms, such as the freedom to work for themselves, the freedom to establish a business that reflects their beliefs and interests, and the opportunity to achieve financial independence and security for themselves and their families. IBOs have the capacity to achieve these freedoms and construct a life of their own design provided they approach the business with passion and determination.