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Monday, August 16, 2021

Life Post-Amway?

Life Post-Amway?

 Seeing the strategy as a young IBO, I thought it was doable to go direct and find six (6) downlines that could do the same thing as I could. I wasn't sure if I had a realistic possibility of succeeding, but the presentation made logical, so I went ahead and did it. I basically created my organisation on the basis of excitement, and it appeared as though the method would be viable. Unfortunately, my financial situation did not improve as I rose through the ranks. I did not "earn" $200 at the 1000 PV level, and I did not "earn" $1000 a month at the 4000 PV level, as my upline had instructed me to do. Even though I knew the parameters they taught me, the truth was that my bosses instructed everyone to invest whatever earnings we did make into purchasing more instruments.

Those under my leadership were also taught to get out of debt, which appeared to be sound advice on the surface, but at the same time, any disposable income that remained was to be channelled into tools, and for those who did not manage to get out of debt, they were told it was okay to go deeper into debt, but only if it was used to "invest" in their businesses by purchasing additional tools. In this case, it appears that upline's advise was solely for his or her own benefit, with little or no regard for the individual success of an IBO. Channel your money into tools (i.e., the profits of your upline), and don't worry about your own business.

During my time in WWDB, my upline informed me that WWDB was the company that was breaking the most new diamonds and that WWDB diamonds were the most profitable. So, here we are, many, many years later, and where have all of the fresh gems disappeared to? Aside from diamonds from other countries, there have only been (I believe) less than four new WWDB diamonds sold in the United States since I left the company. I should mention that certain diamonds have decided to leave the company. Now, I could be completely incorrect, but even if it was a few more than four new diamonds, it is a dismal success rate, especially considering the amount of money spent by downline on tools and the boasts made by upline regarding the tools themselves.

Some WWDB diamonds have also ended up in foreclosure as a result of the foreclosure process. What happened to the integrity and financial competence that these executives were so proud of? Where has the widespread success and long-term financial security that has been promised to everyone gone? According to my calculations, more diamonds and emeralds were removed from qualification than new pins were created. The company was positioned as one that would withstand the test of time, and this proved true. Unfortunately, I believe that WWDB, as well as the Amway opportunity that was presented by WWDB, has been a dismal failure.

There is little evidence of achievement, just the same old stale gems flaunting a lifestyle that some of them appear to be unable to support any longer. Where has all the success gone?

Many years have passed and we are still waiting...........

Is Lying Necessary To Succeed In Amway?

Is Lying Necessary To Succeed In Amway?

 I was in college when I was initially approached by Amway about becoming a representative. I didn't know much about Amway at the time, but I had somehow formed an unfavourable impression of the company. To put it mildly, when I was asked to a beer bust and saw that it had been transformed into an Amway meeting, my first impression of Amway was not a positive one. Some years later, I finally decided to join because a close friend of mine had achieved direct distributor (now known as platinum) status, and he had convinced me that it was possible and that he would make certain that I did as well. I did manage to reach a level that was just below platinum (4000 PV), but I decided to give up for a variety of reasons. I didn't make a net profit, for starters, because the expenses for tools ate up all of my profits. Second, the further I advanced in the business, the more and more my upline wished to exert control over my personal life. Examples include being advised to check upline before getting married, purchasing a car, or even having children, among other things. That struck me as extremely unusual, and I eventually decided to leave the company permanently.

However, at least in the United States, I feel Amway's reputation has been so tarnished that an IBO cannot sponsor downline members and establish a business without lying and dishonesty. There are a slew of anecdotes that back up the claim that falsehoods and dishonesty are frequent in the process of prospecting possible IBOs. As soon as Amway changed their name to Quixtar, this became increasingly prevalent. IBOs would either deny any link, or they would claim to be affiliated with Network 21 or WWDB and make ludicrous claims such as Amway just being a supplier of their company. The advertising of ideal water also spawned a slew of ridiculous claims that a $50 case of water was capable of performing miracles, among other things. If the offer could stand on its own merits, IBOs would not be forced to resort to desperate means such as lying and deceiving their prospects.

Even the Amway sales presentation is frequently laced with dishonesty and fabrications. According to the presentation, shopping through Amway through an IBO would result in a 30 percent savings over shopping through local stores. When I viewed the catalogues in person, I was puzzled as to where all the savings were. A price comparison conducted with an unbiased mind will quickly reveal that Amway items are not less expensive than those offered by a retailer such as WalMart. When you consider that Amway's bonuses must be included in the price of their products, this is just not doable.

When discussing the 6-4-2 plan or similar versions, the presenter made it sound simple, and he talked about everlasting residual willable income, which I believe to be disingenuous, if not a complete fabrication. The presenter makes no mention of the fact that only approximately 1 in 400 people ever reach the platinum level, at which point, according to the presenter, you begin to break even as an IBO if you are actively consuming training and tools.

However, can Amway be successfully promoted without the use of dishonesty and lies? It is my belief that an IBO who is entirely upfront and honest about Amway and about being an IBO has little chance of developing a successful business in this industry. Many independent business owners (IBOs) are unable to persuade individuals to join their plan or purchase their products, even when using falsehoods and deception. In general, I believe that Amway items are only sold to those who are not Independent Business Owners (IBOs). In other words, if you are unable to sell items and persuade people to understand the vision, you will be unable to establish a business; if you are unable to purchase equipment, you are simply digging yourself deeper into a financial hole that will only grow deeper with time. The cost of 100 PV (about $300) is already more than the amount of money most families and/or singles spend on household supplies in a month. This means that the vast majority of people will be unable to support themselves in the business, which explains why the vast majority of IBOs will quit within the first year.

It is for this reason that lies and/or deception are required in order for an IBO to have a shot at promoting and growing an Amway company. Because the truth is not pleasant and, more than likely, will not be effective in growing an Amway business.

Getting Rid Of Debt?

Getting Rid Of Debt?

 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 more revenue. A common experience among Amway Independent Business Owners (IBOs) is that they become more deeply in debt, not necessarily because of the company, but rather because of the pressure to purchase tools, attend functions, and incur other Amway-related business expenses. The truly tragic aspect of this situation is that much of the additional debt that Amway Independent Business Owners (IBOs) find up incurring becomes profit for their upline through tool purchases.

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. Whether you're an independent business owner or a prospect, is your upline urging you to remove debt before turning around and telling you to attend "all" functions? I don't understand why somebody would go into debt in order to start an Amway business that is supposed to be low-cost and low-risk. If you aren't selling enough products to cover the costs of functions and other tools, it's extremely probable that your company will be unable to afford to incur those charges in the near future.

As a former WWDB IBO, I was well acquainted with the motto of debt elimination. 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 incur further debt, but only if the debt was used to "invest" in your company. If debt is a problem, then functions and other tools should be reduced as well, until the IBO can afford to engage in the system on a reasonable basis. Amway Independent Business Owners (IBOs) should, in my opinion, use proceeds from the business to purchase tools. 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 have some profits, the IBOs should consider whether to bank the earnings or to use them to fund tool purchases, particularly if the tool purchase will transform a net profit into a net loss.

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.

Fight For Your Dreams?

Fight For Your Dreams?

 Numerous IBOs are misinformed about the importance of having aspirations and fighting for them, which is one of the most common misconceptions. A dream is essentially a long-term objective. For example, someone might want to be a member of the National Football League (NFL) someday. In order to realise such dream, one can consider participating in high school and/or college football. The dream will come to an end for the majority of people. Whatever the number of people who wish to play in the NFL, there are only a limited number of people who are proficient enough to make the squad. Even fewer are the elite players who rise to the level of stars. As a result, while you may be fighting for your aspirations, there is also an alternate reality to consider. It does not imply that you are a failure in every instance. If you want to concentrate on other dreams, you can choose ones that are more directly under your control.

In the Amway business, leaders will frequently offer hopes and dreams to their downline members through the use of "systems" such as WWDB or Network 21. That the downline can retire at the age of 29 and spend their days walking on the beaches of the world while the income continues to stream in for an indefinite period of time. It would be about equivalent to wanting to win the Powerball lottery if you had these kinds of "dreams." It's possible that you've seen a few people do it, but the chances of you doing it yourself are quite slim. In the real world, your chances are slim to none. Millions of individuals have come and gone through the Amway industry, and it appears as if the same old diamonds are still in the same old place. We don't even know if they are now qualified because Amway doesn't make that information available to the general public. Once a diamond, always a diamond in the world of Amway. As a result, if a guy qualified at diamond for six months in 1985, that person continues to wear the diamond pin even though he is no longer qualified and no longer receives diamond bonuses today. That individual, on the other hand, may still be earning a comfortable life from tool income.

Aside from telling anecdotal stories of crabs holding each other in a bucket when one attempts to escape, some uplines will relate stories about monkeys preventing each other from reaching the bananas at the top of the pole. However, while the anecdotes may be intriguing and perhaps accurate in certain cases, they do not always applicable to the Amway business model. However, it is understandable that some of an IBO's friends and family may be wary of Amway, and they may have good reason to do so. Many people have tried their hand at the Amway company with little or no luck. Many people have suffered financial losses as a result of following the advice of their upline. There is a long history of financial disasters related with Amway and the "systems" that are attached to it. Nobody can point to a long list of people who have walked away from Amway with their bank accounts bulging and their heads held high, as if they had nothing but a care in the world. Have you ever wondered why none of the crown ambassadors has taken use of the "walk away" option?

I believe that everyone should have dreams. People should follow their dreams, in my opinion. In addition, I believe that individuals should be aware that certain aspirations can come true. It is also necessary for their dreams to have a certain amount of realism. There will always be some inspirational person such as a "Rudy" who overcame great odds to accomplish a dream, but the untold reality is that there were probably many many young men who dreamed of playing for Notre Dame that year. Like Rudy, it's likely that no one else has attained such an unlikely dream. What I'm trying to convey is that making a good salary and having the option of retiring early can be accomplished, but it will take hard effort, and you won't be able to do it in 2-5 years and then walk away financially free. You might be choosing to use Amway to accomplish your financial dreams and that is your right. However, the reality is that, when compared to the tens of millions of others who have attempted it, only a small number of people have succeeded in making all of their financial aspirations come true.

Continue to battle for your aspirations, but bear in mind that you may require a backup plan as well as a dose of reality.

Building Wealth On 8-12 Hours A Week?

Building Wealth On 8-12 Hours A Week?

 It is one of the Amway misconceptions that upline used to propagate, and most likely continues to do so now, that you can develop an Amway mega empire working only 8-12 hours per week. Taking an informed guess, this number is utilised since, while it still reflects time, it is most likely less hours than working a part-time job. Nonetheless, let's take a closer look at this 8-12 hour a week commitment.

Consider this: if you listen to one (1) CD each day, as recommended by your upline, plus read one (1) of their "success" books for 15 minutes each day, you have already spent close to nine hours in total time, none of which generates any cash for your Amway business. In reality, both activities will cost you money and will yield no practical results. If you spend an additional 15 minutes per day contacting people, you will have spent close to 12 hours per week contacting people. Is it possible for you to find additional time to demonstrate the plan and to grow your name and contact list? Was there any thought given to customer service, at least for IBOs who might really have some customers?

And what about going to meetings and social gatherings? These are also non-profit activities that do not generate cash. It's no surprise that the vast majority of IBOs fail to produce a profit. As a result, they are compelled to spend their time indulging in activities that generate little revenue for their company. Contrary to popular belief, their non-revenue producing actions, such as listening to a CD, generate a significant amount of income for specific uplines who manufacture and sell the CDs. To my eyes, it's nothing more than an intricate game of bait and switch perpetrated by the upper echelon. It is possible that your upline will tell you that you "need" these tools in order to succeed, but in reality, the tools deplete your resources, causing you to engage in non-income producing activities such as listening to CDs.

You sell the prospect on the idea of achieving financial independence. You inform the prospect that Amway is their best option. They are convinced. It is your responsibility to inform them that you can assist them and that the business's tools (standing order, voicemail, books, and functions) are essential to their success. Those who are serious enough to commit to the system are unlikely to resign without putting up some effort, which will allow their uplines to gain some great earnings before these downline realise they aren't profitable and quit themselves. Because many independent business owners (IBOs) are supported by family and friends, there aren't many formal complaints filed against the company. The majority of individuals accept it as a life lesson and do not voice their dissatisfaction.

However, independent business owners and information seekers should not be deluded into believing that by spending 8-12 hours a week they will be able to build a financial empire. You should take note of how many rank and file members there are in comparison to the number of "successful" independent business owners if you are at a large conference. It's more than likely less than one percent. This is hardly the type of risk that a savvy businessperson would accept.

An Amway IBO Is A Glorified Customer

An Amway IBO Is A Glorified Customer

 One of the sillier things IBOs say is that they must be their own best customer, which is completely false. That a McDonald's franchisee would never eat at Burger King, and so on and so forth. That is full and utter nonsense. While there is nothing wrong with sustaining one's own business, IBOs are blinded by the fact that their firm provides no goods or services for others. They are merely distributors who act as middlemen. Think diamonds consume thousands of dollars in standing orders simply because they own or profit from tool firms, which are for-profit businesses that provide training materials? Without a doubt, this is not the case. When you purchase something from your Amway firm, you are not making a profit whatsoever. Any "false" profit you observe is simply money flowing from one pocket to another, and it has nothing to do with the stock market. Profits are generated by the Amway corporation. Yes, you may receive a volume bonus, but that is still a significant amount of your own money that is being returned to your account. Spend $300 and receive $10 in return. It is possible to boost your bonus if you can attract a sufficient number of followers and move a sufficient amount of goods, but the increase will come from the pockets of your followers rather than your own. The only way to make a meaningful profit would be to sell merchandise to actual customers who are not IBOs.

It has come to my attention that some business owners are seldom the best or only customers of their own establishments. Many Amway business owners are their sole or best customer, depending on the situation. The way a firm is run, however, is not like that. It is impossible for any REAL firm to survive if its major customers are only the owners and perhaps the owners' staff. Any firm that wants to succeed must have consumers and a demand for its products. You cannot run a business unless there is a need for your products and customers. However, some upline leaders continue to emphasise the importance of "buying from oneself" as the primary method of conducting business. In other cases, other leaders may instruct you not to sell, but rather to concentrate on sponsoring others in the expectation that this will result in increasing volume. Unfortunately, the vast majority of independent business owners will never sponsor a downline, and many will never gain a customer other than themselves.

Many independent business owners (IBOs) appear to believe they are business owners, but the fact is that they are simply glorified customers of their own company. It is only through sponsorship that they have any possibility of turning a profit. I believe this technique of doing business is a pyramid scheme because the only way to eventually make a profit is to sponsor a sufficient number of downline members until you can leverage sufficient volume to achieve a profit or at least break even. By selling a single product, an IBO can make a profit if they have an actual consumer (and are not purchasing tools). However, many independent business owners (IBOs) are not taught this because their upline generates a significantly greater profit by selling to their downline IBOs standing orders, voicemail, books, and seminar tickets. Many independent business owners (IBOs) are unaware that they are merely customers of Amway and customers of the tools system.

The Amway opportunity is highly recommended for those who are already involved or considering becoming involved. It is highly recommended that you seek additional information and fully understand how profits are created in this industry. Simply seeing circles drawn oversimplifies the process, as most IBOs never get close to discovering six (6) other like-minded people in their own networks. Even those who manage to locate six are unlikely to be able to keep them for long. Once the costs of the items and training have been tallied up, the losses will begin to mount and the situation will become untenable. An assessment of profit/loss and return on investment should be performed for actual business owners, and if the return on investment is not satisfactory, a real business owner would consider other choices.

So, are you a business owner or are you just a glorified client?

Individuals who have joined Amway in order to take advantage of the company's business opportunity are referred to as Independent Business Owners, or IBOs. IBOs are essentially self-employed businesspeople who market and sell Amway products to earn commissions based on both their own sales volume and the sales volume of their downline, which consists of people who the IBO has persuaded to become independent business owners themselves.


Many independent business owners (IBOs) may think of themselves as business owners and entrepreneurs; nevertheless, there are many who say that the truth is quite different. An Amway Independent Business Owner (IBO), in the eyes of these detractors, is not much more than a glorified customer because all they do is buy things from Amway and get a little commission on those sales as well as the purchases of their downline.


The fact that the Amway business model focuses such a strong premium on new distributor recruiting rather than actual product sales is one of the most significant critiques leveled against it. It has been argued that this could result in independent business owners (IBOs) placing a greater emphasis on the growth of their downlines than they do on the sale of actual products to end users. In this situation, the Independent Business Owners (IBOs) are purchasing products directly from Amway rather than selling them to end users in order to meet the requirements necessary to qualify for commissions.


One more thing that worries me is that the potential for profit that independent business owners have is not very high. The compensation structure that Amway uses is intricate and can be difficult to comprehend, but the fundamental principle behind it is that Independent Business Owners (IBOs) get paid a proportion of the sales volume generated by their downlines. This indicates that in order to earn a considerable income, Independent Business Owners (IBOs) need to recruit a large number of persons to become IBOs themselves, and those individuals need to be successful in selling products and recruiting their own downline. Because of this, many independent business owners (IBOs) find it challenging and time-consuming to generate a significant revenue from the business potential.


In addition, there are financial obligations that come with being an Amway Independent Business Owner. It is necessary for Independent Business Owners (IBOs) to make product purchases in order to keep their "active" status and be eligible for commissions. They may also be encouraged to purchase marketing materials and attend training sessions, all of which can add to the amount of money they spend.


In spite of these reservations, there are still a significant number of people who are interested in the Amway business opportunity and have faith in the possibilities it presents. The proponents of this business model claim that it provides individuals with a low-risk opportunity to start their own businesses, and that Independent Business Owners (IBOs) can achieve financial success with hard work and dedication to the firm.


In the end, the answer to the question of whether an Amway Independent Business Owner is only a glorified customer or a genuine business owner depends on your point of view. Although it is true that in order to qualify for commissions, Independent Business Owners (IBOs) are needed to make product purchases from Amway, they also have the option to generate income through the sale of Amway products and by creating a successful downline. The most important thing is to go into the business opportunity with reasonable expectations and a thorough comprehension of the costs and difficulties that will be involved.


Alternative Options To Amway?

Alternative Options To Amway?

 In one of the more amusing comments on my blog, IBOs express their dissatisfaction with Amway by asking, "Why don't we propose a better solution?" I assume it's not enough that facts and experiences are presented here so that information searchers may find and make informed decisions about whether or not to join Amway, but we also need to recommend better alternatives? Well, I'll throw some ideas out there. Even though I am not recommending that anyone listen to my thoughts, nor do I believe that you should act on what you read here without first conducting your own due diligence and conducting your own soul searching, the following are my thoughts on what may be a better alternative to Amway:

1. Become a more responsible steward of the money you already possess. Many individuals earn enough money, but they spend far too much of it on items they don't need or don't want. For example, a $5 cup of Starbucks coffee on a daily basis. Saving and investing with discipline are essential. It is possible to save a significant amount of money over the course of a month or an entire year by eliminating certain optional expenses. Even giving up a soft drink with your lunch can help you save money, and water is generally considered to be better for your health.

2. Take on a second job and set aside a percentage of your earnings for savings and investment. 3. Not only will you have more discretionary cash, but you will also have extra money to put down for your retirement years. Try to pick a career that isn't too stressful and that you will enjoy doing as well. Working part time at a sporting goods store or a hardware store, for example, would be something I would enjoy doing.

3. Establish a modest business of your own. The most serious problem with Amway, in my opinion, is the seemingly infinite supply of training that uplines are encouraged to sell. It results in the majority of "severe" IBOs incurring a net loss. In contrast to Amway items, you can select a specialised product and sell it on sites like eBay or Craigslist. Another form of small business could be something as simple as learning how to make modest household repairs or laying hardwood flooring, for example. These kind of services are quite widespread, and they may be quite profitable..

4. Don't do anything. In light of the fact that the vast majority of business development IBOs lose money, doing nothing, while amusing, is actually preferable to losing money as a result of functions and standing orders. In addition, doing nothing requires significantly less work.

5. Invest more time in your family's well-being. The irony is that many IBOs have this as a goal, but they actually spend less time with their families as a result of their Amway-related obligations.

That's all there is to it, guys. There are various alternatives to investing your time and money in the Amway business and Amway motivational organisations that you might want to consider instead. While the suggestions above are merely suggestions, only you and your family can determine what is best for you and your family. I wish you the best of luck in whatever you decide to pursue.

A Real Business Owner?

A Real Business Owner?

 Many people who are connected with Amway refer to themselves as "Independent Business Owners," or IBOs, for abbreviated form. The concept of "owning a firm" is enticing, and it serves as a selling factor when it comes to attracting new employees. But, in a business that prides itself on being straightforward and straightforward, why aren't more people making a profit? However, even some ardent Amway fans recognise that the majority of dedicated IBOs suffer a loss, mostly as a result of system fees, and they discount the failure by claiming that these IBOs did not work hard enough, quit too soon, or did not take their business seriously enough.

Profit is the primary reason for a company's existence. Unfortunately, many uplines do not instruct IBOs on how to be lucrative. Instead, these uplines instil a sense of commitment to the business and to the teaching system in IBOs, rather than instructing them on how to be successful business owners. Ironically, the teaching method is camouflaged as a success technique that is virtually certain to take you to financial success and independence. Ironically, the system's most basic form just transfers money from downline to upline, which is ironic considering the complexity of the system. The uplines profit from the system, and as a result, the uplines can make a tidy profit regardless of whether anyone in their downline succeeds or fails. Despite the fact that your uplines will state they want you to succeed, I don't believe they are concerned about your downline's success. As long as standing orders are sold and there are butts in the seats at functions, it is more profitable for some uplines for people to keep joining and quitting. If you take a step back and consider this for a moment, you will see that it makes perfect sense from a purely commercial perspective.

So, as a business owner, are you making financial decisions that affect your company's spending habits? And do you have a sense of how much these expenditures are worth? As an example, if your monthly revenue from Amway is $25, is attending a major gathering that could cost several hundreds of dollars (if it is held out of town) worth your time and money? Consider the following scenario: an important function costs $500, including airfare and accommodation. Is attending this conference worth 20 months' worth of your business income? If you believe that attending the occasion was worthwhile, you should consider what direct value your company gained as a result of your presence. In the event that your voicemail expenses surpass your monthly Amway income, how long do you plan to continue to incur such a liability? Do your monthly Amway expenses outweigh your monthly Amway earnings? Is it true that your expenses outweigh your earnings month after month? If this is the case, you, as a business owner, must evaluate these expenses and determine whether they can be trimmed or reduced.

Are you consistently increasing the amount of visitors that comes to your website in order to create sales? So, how do you plan to create income if you are not getting new consumers on a month-to-month basis? Do your uplines provide you with information on how to drive traffic to your websites? These questions and examples are intended to be thought provoking for both novice and experienced independent business owners. I have witnessed far too many independent business owners (IBOs) accumulate enormous debt by blindly following the system and failing to examine their spending with a critical eye.

Are you the owner of a company?

It takes more than holding a title or being in charge of a corporation to legitimately call oneself the owner of a business. Successful entrepreneurs have a unique blend of talents, expertise, and attitude that sets them apart from those who are merely going through the motions of running their businesses.

The ability to take chances while keeping an eye on potential outcomes is one of the most essential qualities of a true business owner. To launch a new company, one must be willing to commit significant amounts of time, money, and other resources to the development of an idea that may or may not be profitable. A true company owner is someone who is aware of the possible benefits and drawbacks of their enterprise, and who is also willing to take chances in order to realize their ambitions.

The capacity to think strategically is yet another crucial quality of a professional business leader. This entails having a distinct idea of where the company is going, recognizing the most important opportunities and obstacles it will face, and formulating a strategy to get there. A true owner of a business is always on the lookout for new opportunities to advance their company and keep one step ahead of the competition.

A real business owner needs to be able to demonstrate excellent leadership abilities in addition to having the ability to think strategically. This requires them to be able to effectively communicate their vision and goals to their team, as well as be able to inspire and motivate others to work towards achieving those goals, and to be able to make difficult decisions when they are required to do so. A true business owner is one who appreciates the value of cultivating a capable workforce and giving them the autonomy they need to contribute to the company's overall success.

The capacity to adjust and develop in response to shifting conditions in the market is yet another essential quality of a genuine business owner. This necessitates a degree of flexibility, as well as the ability to anticipate changes in the market and the needs of customers. A true business owner is aware that the economic climate is always shifting and possesses the ability to adjust to these shifts in order to continue being successful and relevant in the marketplace.

Last but not least, what defines a true business owner is a passion for the company they run and a desire to have a positive influence on the world. They are not in it for the money alone; rather, they are motivated by a sense of purpose and the aspiration to produce something that has significance. A true business owner recognizes the potential for their company to make a contribution to the well-being of both the local community and the wider globe, and they are dedicated to using their company to effect this change.

In conclusion, in order to be a successful business owner, one needs a specific set of abilities, as well as knowledge and a certain mindset. It involves a desire to take chances, an ability to think strategically, an ability to lead effectively, an ability to adapt to changing market conditions, and a passion for wanting to make a great impact on the world. Being a true business owner may be extremely satisfying and enjoyable on a personal and professional level, despite the fact that it may not always be simple to do so.

A true business owner is someone who has founded, constructed, and developed their own company from the ground up. They were able to take a dream or an idea and convert it into a profitable business that contributes to the growth of their community, as well as generating income and employment opportunities.

When it comes to the success or failure of a company, business owners bear exclusive responsibility, in contrast to managers and employees. They are required to make difficult judgments, effectively manage risk, and successfully traverse the hurdles presented by the market. A true business owner is someone who is willing to accept responsibility for their company and is willing to do whatever it takes to ensure the company's prosperity.

It takes a diverse set of abilities, personality characteristics, and professional experiences to make it as a legitimate business owner. The following are some of the most important characteristics that characterize a true business owner:

A true business owner is someone who can clearly see what they want to accomplish with their company and how they want to get there. They are able to express their aims and objectives to others and have a plan in place for the long term.

somebody who is willing to take chances: Because starting a business is inherently risky, a real business owner must be willing to take risks, even if they are calculated. They are aware that there is a potential that they will fail, yet they are ready to take the risk regardless.

Characterized by an entrepreneurial spirit, a true business owner exhibits this quality. They are constantly seeking for new chances to innovate, disrupt, and generate value for their customers.

The ability to be decisive and handle difficult choices is essential for a successful business leader. They are able to analyze the benefits and drawbacks of a situation and act accordingly, despite the fact that the outcome is unknown.

The process of starting a business is more like running a marathon than a sprint. A true business owner has the ability to persevere in the face of adversity and is resilient in the face of defeat.

Capable of Making the Most of Limited Resources A true business owner is resourceful and is able to make the most out of limited resources. They are capable of innovative thinking and coming up with answers to challenges.

customer-centricity refers to an understanding on the part of the business owner that the customers are the most important aspect of the company. They place a high value on the pleasure of their customers and are continuously seeking for new methods to enhance the quality of their products or services.

Team-building exercise - A genuine business owner is aware that they cannot succeed on their alone. They are able to construct and effectively manage teams that can assist them in accomplishing their objectives.

competent in matters of finance - A true business owner is one who is aware of the significance of effective financial management. They are able to construct and administer budgets, interpret financial statements, and arrive at well-informed conclusions regarding financial matters.

Finally, a true business owner is someone who is passionate about their company and what it does. They are dedicated to finishing what they started because they have faith in the work they are doing.

A real business owner also needs to have the appropriate experiences and education, in addition to these attributes, in order to be successful. It's possible that they have previous experience in either the industry at hand or in business ownership and management. They can have attended school specifically for business or taken classes in management, finance, or marketing.

In the end, a true company owner is someone who possesses the knowledge, characteristics, and experiences necessary to launch and cultivate a prosperous enterprise. They are not afraid to fail, even when it means making a difficult choice, and they put in an incredible amount of effort to accomplish all they set out to do. The journey of becoming an entrepreneur is not without its challenges, but the potential personal and financial benefits it offers can be enormous.

Tidbits For Amway Prospects?

Tidbits For Amway Prospects?

 While working as an IBO, I was completely unaware of the fact that our uplines were making a substantial profit off of our tool purchases. As a member of the WWDB team at the time, I was told unequivocally that no money was generated from the tools and, in fact, I was informed that WWDB was a non-profit company. Both of these comments were outright lies uttered by WWDB officials, and they have never been held accountable for them. We were told that our upline was concerned about us and our success, and that they would spend their own money to fly to functions to educate us how to be successful in our business venture. It turns out that these were all fabrications.

The internet and other media eventually made it hard to hide these lies, and uplines were forced to declare that they had benefitted from the tools they were selling. However, it appears that they have understated the scale of the earnings from the instruments. I suspect that certain upline members, particularly leaders who may have lost their qualification, may have derived the majority of their revenue through tools. Although the upline now acknowledges that they make some money from tools, there is still a significant lot of mystery around the tools industry. This situation is made even more absurd by the fact that the uplines are purportedly not supposed to tempt Amway prospects into joining by utilising the tools money as a draw, yet at the same time they are taught that tools are critical to their success. To attract recruits, uplines also display trappings and lifestyles, but I believe that these trappings and lives were most likely gained through tool money. In addition, tool income has a better profit margin than Amway products, and because there are fewer people in the pay plan, it makes perfect sense.

I'm curious how many prospects or Independent Business Owners (IBOs) would be motivated to purchase tools if they were aware that their uplines may not be qualified at the level they claim to be, and that their uplines will make a tonne of money regardless of whether or not you make a cent as an IBO? Additionally, some uplines are shameless in their efforts to push the tools downline. Although they may give the new guy a break and loan them some CDs, once that IBO decides to start building downline, they are likely to be told that a real business owner buys their own tools, or that a business owner needs to be a leader and purchase additional tools for their downline to be successful.

What would you think if your upline was bragging about themselves as a financial genius while, in the background, their homes were being foreclosed on or they were experiencing other financial hardships? What if your upline boasts about their values, but you later discover that they are divorced or are in the process of becoming divorced? Is it true that Amway can save marriages, according to your upline? It's unlikely that your upline will claim to be perfect, but on the contrary, they should be held to the greatest standards if they are utilising their position to sell tools and earn enormous profits. This is something that far too many prospects are completely unaware of.

If you are thinking about becoming an Amway distributor, there are a few things you need to take into consideration before making the commitment. You may find the following nuggets of information helpful in arriving at a decision that is more well-informed:


The Amway Business Model Amway is a multi-level marketing organization, and its distributors earn commissions based not just on the products they sell but also on the products sold by the distributors in their downline. This indicates that in order to see big income, you will need to construct a team of distributors and endeavor to increase the sales of those distributors.


Although it is technically free to join Amway, there are costs associated with running your business. These costs are not included in the entry fee. You will be required to make purchases of product samples and marketing materials, as well as to participate in training sessions and perhaps even buy a beginning kit. Because of the ease with which these charges can accumulate, it is essential to have an accurate budget in mind before beginning this endeavor.


The Importance of Recruiting In order to see genuine success with Amway, you'll need to recruit and establish a team of distributors. This is an essential step in the process. Due to the fact that many individuals are cautious of multi-level marketing (MLM) companies, this can be a difficult obstacle to overcome. In addition, in order to assist your team in being successful, you will need to devote both time and effort to the process of training and supporting them.


The Products That Are Offered Amway is known for providing its customers with a diverse selection of goods, ranging from nutritional supplements to cleaning supplies. There is a possibility that some of these things are of a high quality and beneficial, but there is also a possibility that others are pricey or difficult to sell. Before you get started, it is essential to perform extensive research on the products you will be selling and to check that they are something in which you have faith.


The company Amway promises that its distributors have the potential to earn a big income; however, the fact is that relatively few people actually achieve the levels of success that are frequently claimed. According to the income disclosure statement that was provided by the corporation itself, the typical monthly income for distributors in the year 2020 was only $183. In addition, it is essential that you keep in mind that the success of your downline will have a significant impact on the amount of money that you make, and that there are no assurances that they will be successful.


There are dangers involved in being an Amway distributor, just as there are with any other kind of business. It has been stated by some individuals that as a result of their connection with the company, they have suffered financial losses as well as damaged relationships. Before getting involved, it is essential to give careful consideration to these potential downsides.


In the end, the choice of whether or not to become an Amway distributor is a personal one that ought to be arrived at after due deliberation and investigation. Even if there is a possibility that the company will be successful, it is essential to have a sensible comprehension of the difficulties and dangers that are associated with it.


Things To Do Besides Amway?

Things To Do Besides Amway?

 One of the most amusing things that Amway Independent Business Owners (IBOs) frequently mention is that someone who looks at Amway with a critical eye should suggest feasible alternatives. In other words, if someone saves your life by preventing you from jumping off a cliff, they should have warned you and provided you with choices, right? If I suspected you were being duped by a conman, I should seek out suitable financial assets for you before alerting you to the probable scam you are about to enter, correct? Although it appears to be absolutely absurd, Amway Independent Business Owners (IBOs) have actually posted those remarks on this blog and on other Amway-related websites.

Let's take a look at a few of these possibilities just for kicks and see what we find. What do you think of being at home and doing absolutely nothing? Most independent business owners would be better off financially if they did not devote their time and money to Amway's products, as well as their inadequate training materials and activities. If you are truly committed to tools, giving your upline a check for $50 per month and refraining from purchasing Amway products or related training materials would be beneficial to your financial situation. Not to mention the irony of the situation.

Is it true that doing nothing is better than working for Amway?

Having a second job that pays you is a preferable option. While there is no hype or expectation of becoming wealthy in 2-5 years, you may make significant contributions to your future by setting aside a percentage of your pay check each month. This is especially true if you are a teenager or young adult. Anyone, on the other hand, may make a difference in their own future by saving and investing. Even someone who panhandles is more likely to have more net cash than the majority of Amway Independent Business Owners (IBOs), because the majority of Amway IBOs either make nothing or lose money.

Yes, some people do make money in Amway, and other people make a lot of money in the business. But the problem is that they make their money by exploiting their downlines, which means that those hopeful downlines are effectively out of luck. In other words, you make money by selling fake hope and false aspirations to people who are desperate for them. Essentially, being a conman in Amway can lead to financial success. Can you live with yourself if your only goal is to make money at any cost? What the upline does is collect $100 or a few hundred dollars a month from a large number of people through a network marketing company.

I haven't even touched on the amount of time wasted chasing down leads and attending events and parties. While chasing the 2-5 year dream, it is possible that the most important item you have is your time. Consider the following question. Where have all of the gems gone who completed the 2-5 year plan and are now living in luxury and doing nothing? I've posed this question countless times over the years, and not a single Amway defender has been able to name a single person or show a shred of evidence that it is accurate.

It is essential to keep a healthy work-life balance and participate in other activities outside of the Amway business in order to ensure that the endeavor of creating an Amway business may be as rewarding and satisfying as it has the potential to be. The following is a list of alternatives to working with Amway that you might consider:


Pursue a passion or a hobby: One of the best ways to de-stress and unwind is to actively pursue a passion or an activity that interests you. Find something that you enjoy doing, whether it's painting, playing an instrument, gardening, or cooking, and make sure you schedule time in your schedule to do it frequently.


Spend time with the people you care about. Constructing an Amway business from the ground up can be a time-consuming endeavor; therefore, it is essential to make time for the people you hold dear. Spend some quality time with your loved ones, go on adventures, or plot a trip away together.


You can make a positive impact on the world and feel good about yourself by giving back to your community in some way, for as by volunteering or donating to a charitable organization. Find a cause that you feel strongly about and get involved with it in some way, whether it be through volunteering or making a financial contribution.


Exercise is essential for maintaining both your physical and mental health, and it also has the added benefit of assisting you in better managing stress. Find an activity that you take pleasure in doing, such as running, yoga, or swimming, and commit to making it a standard part of your day.


acquiring a new ability can be a fun and fulfilling experience. Whether it's picking up a new language, perfecting your culinary skills, or becoming an expert on a new instrument, acquiring a new skill may be done in a variety of ways. Additionally, it might assist you in developing new skills as well as hobbies.


Learn something new by reading a book or expanding your knowledge by listening to a podcast: Reading a book or listening to a podcast is a terrific way to learn something new, extend your knowledge, and relax. Find a podcast or book that piques your interest, and commit to listening to it or reading it on a regular basis.


Attend events and establish relationships It is crucial to attend events and build relationships with other people who have similar interests and goals when building an Amway business. Building relationships, acquiring new abilities, and maintaining your motivation can all benefit from doing this. Participate in industry events such as conferences, seminars, and other gatherings to build connections with people and increase your level of expertise.


In conclusion, establishing an Amway business is crucial; however, it is also necessary to keep a healthy work-life balance and to participate in other things that bring you joy and fulfillment in addition to building an Amway business. Spend time with the people you care about, engage in activities you enjoy, give back to the community, get some exercise, pick up some new skills, and go to some events to broaden your horizons and make new connections. Outside of your Amway business, you will be able to build a life that is complete and satisfying if you follow these steps.


The Ineffective Amway Tool System?

The Ineffective Amway Tool System?

 Most active IBOs in the Amway industry are advised to put their faith in their upline. To think of your upline as a coach or a mentor is an excellent strategy. They are supposed to have your best interests at heart, and they will steer you to success if you will only be willing to learn and be open to suggestions. Many of my uplines, including some of my former uplines, were the first to utilise the term "copy" or "duplicate." You will be successful if you are able to accomplish this. Even the most basic of individuals can copy. The upline may make a joke about how they got through school by duplicating other people's work. As a result, many independent business owners (IBOs) do exactly what their upline instructs them to do.

After that, however, the uplines deflect blame away from themselves. The vast majority of Amway defenders will also argue that downline should not merely follow the advise of their upline leaders. Occasionally, they will make the ludicrous assertion that standing orders and functions contain guidance that must be deduced from other information. That information is presented in the style of a smorgasbord. You pick and choose what you require and toss the rest out the window. Especially if you are a new IBO or prospect, I want to tell you that you are being heaped with guano (crap) on your shoulders. Your upline is credited with years of expertise and wisdom in the Amway industry, which is why you are spending a lot of money for things like voicemail, books, cds, and other functions and services. So why would their counsel be something that you could pick and select from a list? What would a new IBO do if they didn't know what to choose?

Consider the possibility of hiring a guide for a wilderness excursion. The guide is expected to be a seasoned outdoorsman, perhaps even an expert in his field. As a result, if he advises you to consume specific plants or fruits, you may be confident that he is providing you with sound advice. Take for example, eating something that made you ill to your stomach, only to have the tour guide inform you that he only shows out different types of plants and fruits, and it is up to you to decide which ones are healthy and which ones are not. After firing the guide, you'd warn everyone you know not to use that guide any more.

Although there are "systems" like Network 21, WWDB, and BWW that have been "guiding" IBOs for up to 20 years or more in some situations, the number of diamonds produced is insignificant. Sure, there are many new platinums, however it has been discovered that many tool-consuming platinums are either losing money or earning very little money for their endeavours. On top of that, it appears like Amway is losing ground in North America, at least according to sales figures. One might safely infer that any new platinums that break are just replacing the volume of a platinum that no longer exists or a platinum that no longer qualifies for inclusion in the platinum pool. And here's the kicker: my previous upline diamond looks to have received all new qualifying platinums since the time I was in the firm, which is quite remarkable. My previous diamond contained a total of six downline rubies. As far as I am aware, none of these rubies are still considered platinum, despite the fact that I have heard that some of them are still in use.

Uplines also instruct their subordinates to accept responsibility for any failure on their part. As a result, you had IBOs who did everything that was asked of them, only to be let down by the system. These IBOs, on the other hand, frequently blame themselves for their failure. The BBB should get a written complaint from former IBOs who accomplished everything expected of them just to be let down. This is my opinion. Amway apologists tend to believe that a lack of formal complaints indicates that the system is working when, in fact, there is no unbiased substantive evidence to imply that the system is functioning properly. It appears that some people achieve success despite, rather than as a result of, the system.

The catch to all of this is that uplines are avoiding taking responsibility for the results of individuals they "mentor" and benefit from. IBOs should question why, if their upline was truly concerned about their performance, they are required to pay for any assistance they receive from their upline diamond.

The Amway Tool System is a collection of training materials, motivational books and CDs, and other resources that are sold to Amway distributors so that they can expand their businesses with the assistance of the Amway Tool System. The system is designed to teach distributors how to sell products, recruit new distributors, and build a successful downline. On the other hand, there are a lot of people who think the Amway Tool System is pointless and might even be bad for distributors.


The high cost of the Amway Tool System is commonly cited as one of the system's most significant shortcomings. Distributors are required to purchase a wide variety of tools and training materials, the total cost of which can range anywhere from a few hundred to several thousand dollars. This imposes a considerable financial load on distributors, many of whom are struggling to make any money from their Amway business.


In addition, detractors believe that the Amway Tool System is mainly unproductive. Many distributors have the impression that the training materials are not only unhelpful but also out of date, despite the fact that the system makes the claim that it will instruct distributors on how to build a prosperous business. In point of fact, a number of Amway distributors have claimed that the training materials consist of little more than inspirational talks but provide no concrete guidance on how to be successful in the Amway business.


One further thing that may be said about the Amway Tool System is that it encourages its distributors to have a cult-like mentality. Distributors are expected to attend regular training sessions, listen to motivating speeches, and follow the counsel of their upline. Distributors develop a sense of community and camaraderie as a result of this practice, but it also has the potential to be isolating and even hazardous. Some people believe that the Amway Tool System fosters an environment similar to that of a cult, which has the potential to cause psychological and emotional abuse.


In addition to this, the Amway Tool System may be detrimental to the financial well-being of distributors. It is strongly recommended to the majority of distributors that they acquire substantial amounts of merchandise in order to be eligible for bonuses and commissions. However, these purchases can be pricey and frequently result in distributors being stuck with unsold inventory that they are unable to sell off. This leaves them with a loss. This may lead to huge financial losses, and in some cases even lead to the distributor's business going bankrupt.


Critics further contend that the Amway Tool System is a mechanism for Amway to make cash, rather than a tool to help distributors thrive. The corporation receives a considerable amount of money from the selling of training materials and tools, which has prompted some to believe that the organization is more interested in collecting money from its distributors than helping them establish a successful business.


In conclusion, the Amway Tool System has been attacked for being useless, costly, and even detrimental to distributors. These allegations have been made by various parties. Many Amway distributors report that the training materials they have access to are not only out of date but also provide little to no value in their efforts to develop a successful Amway business. In addition, the system has the potential to generate a cult-like atmosphere, which may lead to feelings of alienation and even put certain distributors in harm's way. Finally, the method can be detrimental to the financial health of distributors because it encourages them to make expensive purchases, which can ultimately result in huge financial losses for the business.


No Profit For 5 Years?

No Profit For 5 Years?

 In my years as an Amway Independent Business Owner (IBO), one of the things I heard was that conventional businesses do not profit for up to five years. I believe this is still true in some Amway meetings. That is a fabrication. Businesses that operate in the traditional manner make a profit as soon as they sell their first product. The initial expenditure in equipment and rental property may prevent them from making a net profit right immediately, but they will earn from the sale of products in the future. The same approach would apply to an Amway firm, with the exception that Amway Independent Business Owners (IBOs) have trouble selling products to customers. Imagine opening an Amway catalogue and comparing their prices to those of local merchants. You'd have a good idea what I'm talking about.

Despite the low start-up costs and low to no overhead expenditures, the majority of independent business owners never make a profit. I will admit that many independent business owners (IBOs) never do a single thing after they sign up. I believe there is an underlying storey to this as well, but I'll leave it at that for the time being. Even among the most serious IBOs, and even among those in this group, the vast majority will never produce a net profit if they are utilising marketing tactics. When you factor in the costs of the website, voicemail, standing orders, books and functions, and CDs, IBOs may expect to have their bank accounts drained of a couple hundred dollars per month at a time, on average. Amway uplines, on the other hand, are reaping substantial earnings from product purchases, with someone higher up the chain reaping income from the tools as well. Because the tools have a bigger profit margin than Amway, it stands to reason that certain uplines earn more from the tools than they do from Amway.

Other difficulties, such as high prices for many products (which are more than those charged by local stores) and a bad reputation as a result of IBO behaviour such as deceiving people into attending meetings, combine to create a business opportunity with practically insurmountable obstacles. Yes, a select few, usually charismatic individuals, can overcome these odds, but only one or two out of tens of thousands of people are capable of doing so successfully. Even individuals who reach the summit of diamond achievement may find it difficult to keep their qualification. It is fairly normal for someone to get to the emerald or diamond levels just to regress and fail to qualify the following year, as has happened to me. So much for residual income and strolling along the shores of the world's beaches.

As a result, I am not familiar with all of the specific statistics regarding how long it takes for a typical business to earn a profit. It could take as long as five years. However, based on my personal experiences and some numbers crunching, I'd have to conclude that the vast majority of Amway Business Owners NEVER MAKE A PROFIT - EVER - and that the vast majority of them end up with net losses after business expenses are taken into consideration. In addition, when I consider the fact that Amway is said to have low or no overhead costs, I can only conclude that the Amway opportunity is a bad deal.

JoeCool Published On Forbes

JoeCool Published On Forbes

 The one thing that comes to me is that one of our upline diamonds stated that Forbes was credible since they had published something that was somewhat positive about Amway, even though this was back in the 1990s. Because it's about taxes (and we are currently in tax season), and because the piece in Forbes clearly mentions an essay published by yours truly, I believe it's highly pertinent and valuable to reprint it here. I've supplied a link as well as the following excerpt from my blog article:

The article was authored by Peter Reilly, who used a portion of my work as a source. It's about how Amway Independent Business Owners (IBOs) who try to employ functions and other excessive tools as tax write-offs, which are advocated by some upline, are essentially hosed by the tax courts. Mr. Reilly claims that the tax courts appear to be in agreement with critics (such as JoeCool) who claim that:

"The Tax Court Appears to Be on the Side of the Opponents."

My favourite aspect of this choice is how closely it resembles critiques of the Amway experience, which appear to have their own segment of the blogosphere to which they seem to have given birth. For example, Joecool of Amway - The Dream Or The Scheme? recently wrote in an article titled "Amway Success?"" about his experiences with the company.

One of the things we were informed was that we have to submit to our upline. The members of our group were instructed that upline would never intentionally lead them astray, so we should put our faith in them and never try anything without first consulting upline.

Our group was taught to reduce debt, but, strangely, upline stated that it was acceptable to incur additional debt in order to attend an event or purchase additional CDs.

Every time we inquired about the amount of income our uplines may have been receiving, we were either told it was none of our concern or handed a Xerox of a bonus check that someone upline may have earned ten years ago that we had no knowledge of. It was upline who showed out photographs of sports vehicles and mansions as proof that the business was successful for us.

Losing money is considered a victory. On numerous occasions, our group was informed that losing money was a sign of success. It was a success because we were making a long-term investment in ourselves. That the business is truly not about making money, but rather about making friends. I guess upline taught this because everyone was losing money at the time, and it was comforting to hear that success was just around the corner, and that we were all nicer people who were well on our way to success if we just went to more gatherings and purchased more standing orders.

JoeCool has been featured on Forbes. So, I guess it makes me a legitimate candidate!

Ineffective Amway Training?

Ineffective Amway Training?

 After years of researching Amway and blogging, I've come to the conclusion that some of the concepts taught by IBO leaders are just illogical. It doesn't make any sense from a business standpoint, and the numbers just don't add up. Yes, I understand that sometimes it's necessary to think outside the box and go against the grain in order to win, but some of the IBO practises are plain ridiculous, and it's no surprise that so many IBOs fail in their pursuit of their Amway "dream." These same leaders may push you to ignore facts and simply obey their instructions. That kind of blind commitment can end up costing you a lot of money in the long run.

The vast majority of IBOs never sponsor even a single downline, and only a small number of products are sold to people who are not IBOs. These are the reasons why the vast majority of independent business owners do not make a profit, but for some reason, many IBOs continue to believe that training materials are worthwhile investments. The training may encourage you with "rah rah" approaches, but in the long run, these tactics are unproductive in terms of increasing sales and encouraging IBOs to sponsor new members. If Amway's tools and training were effective, the company's sales would be significantly higher than the about 8.3 billion dollars it earned last year, which represents a decrease of more than 25 percent since 2013.

Buying from yourself, which is a fairly common practise, is a bad idea. It is fine to support your business, but if you are the primary or only customer, you will not make any money. Any profit you might turn will come out of your own pockets. I am not aware of any successful stores where the primary customers are the owner and store employees, yet some IBOs believe that this is the way to succeed.

I'm A Business Owner?

I'm A Business Owner?

 Many people get recruited into Amway because they think it's a great idea to be their own boss and run their own business. "I am the owner of a business." And, on the surface, it would be nice for someone to be the owner of a company that they can call their own. The problem, however, is that Amway distributors fail to recognise that they are not business owners. If they decide to join, they will become Amway commission-only sales representatives. These salespeople bear all of the risk and expenditure associated with moving Amway items, and if you hit a minimal quota, you will receive a tiny commission on your earnings.

Nevertheless, these commissioned salespeople are permitted to sponsor down line (new salespeople), which allows them to grow volume, perhaps resulting in bigger commissions. For example, if someone moves 100 PV, they will receive a 3 percent benefit. A 3 percent incentive is approximately equal to $10 on a 100 PV system. However, if that same salesperson sponsors two people and they both transfer 100 PV, that would result in a total of 300 PV, which would result in a 6 percent commission. A commission of 6 percent on 300 PV is around $36 in total. The two people in their down line each receive $10, with the remainder (about $16) going to the individual who sponsored them. Because it provides you with the potential to improve your overall volume, Amway salespeople are desperate to sponsor down line. Assuming that these down line are engaged in the business, this is the reason why Amway salespeople are so desperate to sponsor down line. This would not be a problem if Amway items were simple to sell, but most people discover that they dislike the process of selling and end up becoming their own best customer as a result. As a result, the vast majority of people either make nothing or lose money.

So, what is it about diamonds that makes them business owners? As a result, even if the rank and file distributors are not company owners, the gems are. This is due to the fact that the emeralds and diamonds, as well as some other higher-ranking officials, are in the business of selling tools. They may offer voicemail and CD subscriptions, as well as books and seminars, among other things, all of which are reportedly geared to help you succeed in Amway. Given the low rate of new diamonds being discovered, I would conclude that the training is unsuccessful. It is my understanding that there are fewer new diamonds in Amway North America today than there were when I worked for the company 20 years ago. I've also witnessed diamonds walk away and quit their jobs (as opposed to walking away and collecting residual income). Aside from that, I've witnessed diamonds get divorced (can Amway help save relationships?) and diamonds have their homes foreclosed (do diamonds pay cash for everything?).

The difficulty for the average Amway salesperson is that they believe the diamond is the key to success, so they hang on their every word and will buy all of the training in the hopes of becoming a diamond themselves and receiving untold wealth and early retirement. Rather than offering genuine value, the diamond is promoting snake oil that fills their own wallets while draining the pockets of their down line members. This money is also necessary for the diamond because it is exceedingly doubtful that the "diamond" lifestyle could be supported just by the diamond's earnings. In a statistic published several years ago by Amway, the average diamond earned approximately $150,000 in gross income per year, excluding company expenses. If you do the math, you will quickly realise that a diamond is not living the high life after taxes and expenses are deducted. It is the tool income that contributes to the increase of Amway income. A few diamonds make as much money from tools as they do from Amway, and a few make even more money from tools than they do from the company. This is the key to achieving success. Sell items to huge groups of people on a regular basis to generate repeat business.

But don't let the fact that you're an Amway distributor fool you into thinking you're running a business. You are nothing more than a commission-only sales representative for Amway. What other way can you see it if you take the time to pause and really think about it? You move products and, if you hit a quota, Amway compensates you for your efforts. You must adhere to Amway's guidelines, and if you do so, or if Amway believes you have done so, they have the right to terminate your membership and your income will cease immediately. You are not permitted to innovate or market without the consent of Amway. Don't be deceived by your own words. If you are being prospected into Amway, you should take this information to heart.

Build Your Upline's Dreams?

Build Your Upline's Dreams?

 In my opinion, one of the weaknesses of the Amway compensation model is that the newest IBO, who may also be the one who puts in the most "Work," receives the smallest income. Amway returns approximately 30% of their earnings in the form of bonuses to their customers. An IBO who completes 100 PV earns a 3 percent bonus, with the remaining 9 percent going to uplines and sponsors, among other things. Some members of the upline may not even have met the IBO who performed the actual task. Is that really fair, and is it a level playing field for all participants? I'm curious what some of these uplines do to earn the lion's share of the bonus you worked so hard to earn. Yes, the upline diamond may demonstrate the plan in an open meeting, which may be beneficial to you; however, you must pay to be admitted to that meeting. If you do not have any visitors to bring, you have paid for nothing and have gained no benefit at all. Someone who signs up first is entitled to a lifetime cut of your volume based on the fact that they did so first. That does not appear to be an equal playing field in my opinion.

Many of your uplines will speak of dreams and the fulfilment of those desires. However, if an IBO takes a step back and considers his or her actions, it is easy to see that you are fulfilling the dreams of the Amway owners and your upline, rather than your own. For each unit of volume that you move, you receive a small portion of the bonus. If you are a member of the system, you are also responsible for compensating your upline in the form of tool and function purchases in exchange for the privilege of providing them bonus payments with your product purchases. But yours are not among those whose dreams are being realised.

It is for this reason that your upline diamonds can parade around on stage in fine outfits and show you their expensive vehicles, mansions, and other luxuries, among other things. This is due to the fact that they are profiting off your efforts as well as your tool and function purchases. You are assisting them in realising their ambitions. Your commitment to shifting volume and placing purchase standing orders is helping to make dreams come true. The aspirations of the upline. While it is possible to dream of having your own downline to exploit for your own gain one day, the reality is that unless you are constantly adding new members to your group, you will never attain the kinds of dreams that uplines talk about achieving in the first place. In the meanwhile, though, you are undoubtedly assisting someone higher up the chain of command in the achievement of their goals by attending each and every gathering. Ironically, even if your upline leaders are unaware of your personal situation, they will encourage you to never give up your position. They don't want you to leave because it will have an impact on their income. It is sometimes necessary to exit a firm in order to avoid bleeding money for an indefinite period of time, and this is a sensible business move. If you decide to leave Amway, it does not rule out the possibility of finding another opportunity to pursue your objectives and goals. More than likely, any alternative to losing money in Amway will be preferable to losing money in Amway.

Here's a challenge for IBOs and/or prospects who are interested in being part of the Amway organisation. Keeping 100 PV running will cost approximately $300 per month, and maintaining a commitment to the tools system will cost approximately $200 per month or more on average. Are there any situations in which it would be wiser to simply write a $100 check to your upline and not even join? Instead of participating, wouldn't you be better off staying in your home and watching television? In the event that you have read all of the information on this site and still decide to participate, best of luck to you; but, keep in mind who is having their wishes fulfilled as a result of your participation. Which is more important, yours or your upline?

Are You "Buying From Yourself"?

Are You "Buying From Yourself"?

 Another huge hoax taught by some uplines is the practically exclusive "purchase from yourself" concept. This is one of the most common shams. No, I'm not arguing that supporting your own business is a terrible idea; however, are you truly supporting your own company? Your upline is misleading you, and I will explain why this is the case in more detail.

Despite the fact that you believe you are purchasing from yourself, you are actually purchasing from Amway. Amway profits from the sales of its products. If you make a large enough purchase, they will give you a little rebate. Essentially, you spend approximately $300 and receive a $10 reimbursement. In actuality, an independent business owner (IBO) is a distributor or a middleman. If you join as a new IBO at the 100 PV level, you will receive a 3 percent bonus, while your uplines and sponsor will receive roughly 29 percent to 30 percent in bonuses for their efforts. As a result, you will receive approximately $10, while your uplines receive approximately $90. In addition, your upline may claim that the "profit" you make from purchasing from yourself is the same as if you were shopping at Costco, which is incorrect. The good news is that if you shop at Costco, you get to retain the money you saved. It is likely that if you make a profit in Amway, you will be expected to spend that amount on additional tools and functions.

Consider the following scenario: What if your husband was in the business of baking and selling cookies? Would you be able to gain money by devouring the entire batch of cookies? By eating all of the cookies yourself, you would not make any money even if you received a little rebate for the supplies you used to make the cookies. It is necessary for you to sell the cookies to consumers in order to have money in your pocket. I'm baffled as to how IBOs are led to believe that they can be successful and earn money simply by acquiring and eating Amway products without having to sell anything. According to Amway's own statistics, independent business owners (IBOs) do not sell much, except to their own downline and to themselves.

Furthermore, upline that provide tools that teach this strategy are more than likely selling you a defective system that almost guarantees you will lose money in the long run. A select few IBOs will emerge from time to time who will be able to overcome huge odds and barriers in order to progress to higher levels in the business, but I would estimate that more than 99 percent of those that sign up will never even come close to reaching the emerald or diamond levels. To be honest, the buy from yourself scheme will only benefit the higher level distributors and will not benefit you or your purchase of tools, as it is rewarding your upline for teaching an ineffective system.

Amway's Ineffective Tools?

Amway's Ineffective Tools?

 One of the things that my Amway upline was continuously pushing on us was the tools system, which we eventually adopted. Despite the fact that the tools are described as optional, they are not marketed as such. They were marketed as essential and required, almost as if it were insanity to attempt to create an Amway business without the proper equipment. Essentially, the tools were considered a de facto prerequisite. My upline has always maintained that no one has ever "made it" without the use of tools. Some Amway defenders say that the tools are effective, and that IBOs who were part of the system demonstrated this by achieving better levels of success and product volume than those who were not. However, the tools are only effective for a fraction of one percent of the IBOs that use them. The great majority of people who make use of tools either make nothing or lose money in the process. It's similar like playing the lottery.

PV is increased by IBOs who participate in the system (voicemail, monthly book of the month, standing orders, functions, and so on). I think this to be true, but I believe it to be true only because after the upline has persuaded you to join in the system, the same IBO is persuaded that they should or must do 100 PV as part of the bargain. Many people, particularly those who are not convinced of the importance of the system, do not acquire or sell as much solar energy as they should because they are not certain that moving solar energy will make them prosperous or successful.

Critics and proponents of Amway have been debating this question for years, but the evidence plainly supports my position on the subject. Why? Because if there was genuine demand for Amway products because of their quality and/or value, there would not be such a precipitous decline in movement of volume when an IBO transitions to the status of a former IBO. Many, if not the vast majority, of former IBOs never purchase a single Amway product after they have left the company. If the items were truly of high quality and value, as Amway proponents claim, why don't people continue to purchase 100 PV per month after they stop working for the company? Were they duped into buying something they didn't want or need to begin with? If former Amway Independent Business Owners (IBOs) continued to purchase items, Amway sales would continue to climb. From 2014 to the present, Amway's sales and revenues have decreased by more than 25%. (2018).

People will do whatever they believe is necessary to achieve their end objective if they are convinced that Amway will be their financial saviour and that using tools and moving 100 PV will result in long-term financial security and residual income as claimed by upline. When that objective or desire does not materialise, the former IBOs come to the realisation that the tools and things they formerly believed to be valuable have lost their significance. How many former IBOs will place a standing order or show up at events? Why don't any ex IBOs continue to purchase these materials if they truly make you nicer or save marriages? Is it because they are unable to sell them for even pennies on the dollar on sites like Ebay or Craigslist? So, what happened to the excellent return policy?

The bottom line is that the instruments are ineffective. All they do is work for their uplines, who profit directly from the sale of tools, in addition to the fake demand in product sales created by those IBOs who are sure that Amway will make them wealthy. After the realisation dawns on them that Amway will not make them rich and that the tools are only draining their resources, the demand for tools and Amway items vanishes almost immediately. There is no neutral evidence that I am aware of that suggests that these tools are effective, and the pitifully small number of new diamonds that are being discovered in the United States appears to confirm this.

Amway Disastrous From The Start?

Amway Disastrous From The Start?

 Specifically, I was thinking about how Amway prospects are encouraged to see the Amway compensation plan. It is common for an IBO to use a little misinformation or half-truths to get a prospect interested in their product or service. But then I thought about the plan, and how much deception was employed by the speaker in the planning process itself.

As a result, IBOs and fresh prospects are duped from the very beginning of the process. The speaker may engage in some light conversation and persuade the audience to agree on a few minor points, such as the fact that income tax and insurance are eating away at your paycheck, among other things. After hearing this, a prospect will understand what is being said and will be more inclined to agree with and trust the speaker to some extent. After all, the speaker has been positioned as a financial genius throughout the presentation.

After that, the deception begins......

It is possible that the speaker will claim that IBOs save 30% on products from the beginning, which is untrue in this case. The fact that you are not saving 30% is readily apparent to anyone who has looked at an Amway catalogue. Simply walking through the aisles of WalMart or Costco will allow you to readily compare pricing. All Amway products are more expensive than equivalent items sold by shops or big box stores in the broader marketplace. The Amway supporters say that WalMart does not sell Amway items in order to defend their position, although WalMart does sell shampoo, laundry detergent, and cleansers, all of which are frequently a fraction of the price that Amway charges.

The speaker may then claim that 98 percent of people are dead or broke by the time they reach the age of 65, which is not accurate. During the presentation, the speaker may mention that 90 percent or more of small enterprises fail during the first five years of operation. In order to make other chances appear inferior in comparison to the Amway offer, these small factoids (which are incorrect) are supposedly employed. If anyone does their homework, they will discover that many of the statements made by the Amway speaker (recruiter) are likewise untrue, as demonstrated by the following examples.

It is possible that the speaker will mention how the Amway business opportunity is inexpensive to start and has little or no overhead. Nonetheless, the problem is that many loyal IBOs will be hosed as their upline begins to teach them that they must invest in their business by sending voicemails, purchasing books of the month on a monthly basis, setting up standing orders, and attending all meetings and activities. These expenditures almost ensure that an IBO would wind up with a net loss of income at the end of the year. Furthermore, upline may instruct that this is a sign of success! Appalling!

So here's a question for IBOs and potential customers. Is it a good opportunity if you have been lied to or fooled from the beginning of the relationship?

Amway Diamonds Are Free?

Amway Diamonds Are Free?

 When I was an Amway Independent Business Owner, I would frequently see my upline diamond driving around town in a business suit. I used to wonder why he would continue to work if he could simply walk away and earn residual money. My sponsor explained to me that the diamond only works because he cares about his downline and wants to assist them in their endeavours. There are two probable scenarios: either the diamond is labouring to assist his downline out of genuine care, or he is working because he has no choice! The only difference is that the diamond now works the night and/or graveyard shifts, as many independent business owners (IBOs) are establishing their businesses after they finish their day employment. ** Furthermore, it should be noted that my old upline diamond slipped to the emerald level around 2005 and has subsequently regained his diamond status. And this diamond has relocated from Hawaii to Washington State (perhaps because of a lower cost of living?).

Now, Amway has previously indicated that the average diamond (non-founders) earns approximately $150,000 per year in compensation. Even while that is a respectable salary, after taxes and the payment of essential expenses like as medical and dental insurance, the average diamond certainly lives a very middle-class lifestyle. Take into consideration the fact that a big percentage of a diamond's revenue comes in the form of an annual bonus, which means that a diamond's monthly income may be rather low. It is possible that diamonds earn additional cash through speaking engagements, as well as through the sale of standing orders and performing functions. However, the diamond's revenue from speaking engagements and other occasions is contingent on his or her continuous appearances and efforts.

So, how likely is it that a diamond will be "free"? After much consideration, I have come to the conclusion that a diamond is not free, and that he may really have to spend more time sustaining his group than if the diamond worked a 9-5 job. (One could argue that the responsibilities of a diamond are preferable than those of a 9-5 job, for example.) For starters, a diamond must stay up with his or her personal group in order to continue to qualify for bonuses. Because of Amway's terrible retention rate, I am very certain that a diamond spends a significant amount of time recruiting individually sponsored IBOs in order to sustain this group. Additionally, a diamond must assist his six or more groups of downline platinums in order for their enterprises to remain viable, or else risk losing his or her accreditation. My old diamond status was downgraded to emerald, but it appears that I was later re-qualified to diamond status. In order to keep up and coming movers and shakers motivated, a diamond must also set aside time to recognise and reward them. When I was deemed a prospective up and coming pin, I had the opportunity to spend time with my upline diamond. Due to the time commitment, diamonds may be spread thin at times as a result of all of this activity.

A diamond must go to a variety of parties and speaking engagements in order to maintain his or her tool income stream. In addition to double a diamond's income, the additional income also increases the amount of spending the diamond and his family incur, especially if the diamond and his family travel first class and/or take extravagant vacations to demonstrate the diamond lifestyle.

After analysing predicted revenue and expenses, I can only infer that a diamond most likely lives a middle-class lifestyle and works as hard as a man with a 9-5 job, with the exception that a diamond works nights and weekends instead of days. Ruth Carter's book provides a compelling depiction of this phenomenon (Amway Motivational Organizations: Behind The Smoke and Mirrors). Despite having a net salary of more than $300,000, the diamond in the book lived in debt, could barely pay his mortgage, and was constantly on the move from one function to the next, according to the storey. If you live over your means, having a large income is meaningless.

According to my observations, diamonds may be busy at the diamond level than the typical Joe who has a 9-5 job. The only difference is that the diamond works the night shift instead of the day shift. Is this the kind of freedom you're looking for?

Amway Just Doesn't Work!

Amway Just Doesn't Work!

 1. Amway products are generally too pricey to be competitive with other brands on a global scale. While IBOs claim great quality, this is subjective, and for the majority of consumers, Amway products are not well-known and are perceived as generic in nature with a high price tag attached. Many people regard Amway products to be "acceptable" or "average," depending on their perspective. Some people do appreciate Amway products, but the overall market in the United States reveals that price is a significant consideration, and people appear to prefer Costco or WalMart when purchasing consumables and cleaning products, respectively. Aside from that, person-to-person advertising is less effective than national advertising, such as that of Proctor & Gamble. Even while Amway has recently increased their promotional efforts, they are still far behind the competition, and their shaky reputation accompanies them.

2. The Amway pay model is extremely unfavourable to new independent business owners (IBOs). Despite the fact that he puts in the effort, the new hire receives only a small portion of the hefty incentive Amway offers. A new IBO who moves 100 PV would receive approximately $10 in compensation, while layers of uplines would divide the remaining approximately $90 in bonuses created by the 100 PV. The only method for an IBO to build volume is to sponsor downline members in the hopes that they would also buy into the system and commit themselves to moving volume on a consistent basis themselves. However, this will also fail owing to the reasons #3 and #4 listed above.

3. Because of Amway's poor image, it is practically impossible to sponsor downline members in order to develop a group. The plan itself is difficult to sell, let alone convince others of its merits. It is for this reason that starting a business without some element of dishonesty is practically difficult. It is for this reason that many uplines begin to preach that Amway saves marriages, or that growing an Amway business makes you kinder, or that the Amway business is about friends rather than money. That is a complete load of nonsense. Making money is the primary goal of any business. If you haven't already, you've joined a social club. If your upline is instilling in you the belief that your Amway business is not about producing money, it should raise a massive red flag. If money isn't a role, why do they consistently show (but never verify) photographs and slide shows depicting unimaginable wealth and luxury in their presentations? Why do people talk of retiring at an early age? Everything revolves around money!

Four, while the uplines are pushing the tools fraud on their downlines, they are reaping substantial revenues from the sales of these books, voicemails, standing orders, and other services. Furthermore, these instruments do not assist an IBO in the development of a firm due to the reasons outlined above. Rather than as a result of the system, I believe that any IBO who achieves success does so in spite of it rather than as a result of it. Unbiased evidence does not support the notion that IBO success is influenced by the system tools in any way. In addition, despite what they may assert, most systems are more or less the same. Furthermore, any "success" is not long-term in nature. The road to Amway riches is paved with the success stories of others who have gone before. Former diamonds are also plentiful; why would there be any former diamonds if they could continue to generate residual income?

Amway does not appear to be a good business option for the vast majority of people for the reasons stated above. The fact that you have to pay for the system almost guarantees that you will lose money on the investment. Carry out the calculations and the research. Your conclusion should be concise and to the point.

Your Upline Hypocrite?

Your Upline Hypocrite?

 Because the internet is so widely available, information is openly shared, and some of the dark secrets of the Lines of Sponsorship have been revealed as a result of this. It is also becoming increasingly apparent that a group of upline leaders are massive hypocrites who are apparently motivated by avarice and personal gain as time progresses. This is also a pattern that I anticipate will continue. According to the evidence, these same leaders have been able to go through Amway's accreditation criteria, which appear to be completely ineffective.

Many upline leaders use stories about how the Amway business may help couples save their marriages to entice people to join them. I recall being in the audience when some diamonds talked about how couples who start their own businesses have a divorce rate of less than 2 percent, compared to the national average of 50 percent or so. One of the most frequently cited reasons was the financial strain that J-O-B workers were under (not enough cash). However, we are seeing more and more upline diamond leaders getting divorced, and in some cases, no explanation is given, as if the missing spouse was beam up by extraterrestrials to the surface. The history of many leaders is simply rewritten, and some leaders even deny that key events occurred. Some leaders simply act that nothing happened, and it appears that IBOs are extremely forgiving, leading to the lack of any real accountability being applied to upline leaders.

People have also discovered that some diamonds generate a significant amount of revenue from the sale of tools. When I was an IBO, we were told unequivocally that there were no profits to be earned from tools. Profits were re-invested in the functions, allowing them to become better and more affordable. If any function has become more affordable in the previous 12 years, what is it? As a matter of fact, as an Independent Business Owner, I was told that WWDB was a non-profit organisation, which I thought was a flagrant falsehood. I would concede that upline eventually revised their tale to say that WWDB was a for-profit corporation, but that no profits were retained, and that money was instead channelled to make events better and more affordable. When was the last time an event was less expensive? Now, I do not believe that events should be held for free, but I do believe that the leaders should be honest about it rather than hiding behind lies and a veil of secrecy that frequently accompany discussions of tools and tool money.

Some upline executives also expressed their displeasure with the idea of taking out a loan, stating that banks make so much money off the interest. In this day and age, we see some of these very leaders having their properties seized! Some of these diamonds were the very ones who stated that they would pay cash for everything, even their homes and automobiles, if they could. Instead of hoping that these individuals will suffer, it is exposing the lies and deception that leaders employed in order to persuade IBOs into joining and purchasing equipment that were meant to enable IBOs achieve the same lifestyle as diamonds. To the contrary, I believe that WWDB and some other LOSs, at least in the United States, have less diamonds currently than they had 15 years ago. Where has the proof of success been hidden?

That the hypocrisy of some of these leaders is exposed to their downline, and that the downline simply ignores it and continues to follow blindly without seeking an explanation or challenging the leaders after the instances are revealed, is even more remarkable.

When these types of difficulties develop, IBOs should approach their bosses with queries. Furthermore, if the response you receive is silence or deflections, you should rethink your approach.

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