Stealing An IBO's Dream?

 Recently, certain disputes over Amway resurfaced, this time with allegations of "dream stealers" being levelled at those who disagree with the company's business model. The following is the definition of a dream from dictionary.com, which I thought you would find interesting:

dream

Display the following IPA nouns: dreamed (dreamt), dreaming (dreaming), and dreaminging (dreaming).

Incorporate dreams into a sentence.

–noun

1. a sequence of images, ideas, or emotions that pass through the mind while sleeping

The stage of sleep during which this occurs is referred to as the sleep state.

3. an object that has been seen in a dream.

4. an uncontrollable vision that occurs to a person when they are awake

5: a vision that is voluntarily experienced while awake; a daydream or reverie.

6. a long-term aspiration, goal, or objective: He has a dream of seeing Europe.

7. an irrational or naive fantasy

8. something that possesses extraordinary beauty, charm, or excellence.

–adjective (used without object) 9. to have a dream or a vision.

He daydreamed about his vacation plans when he should have been at work, and he felt guilty about it.

11. to consider or conceive of something in an extremely remote manner (typically followed by of): I would never think of approaching them about it.

In a dream or a vision, a person can see or conceive something. –verb (used with object)

13. to envision as if one is in a dream; fantasise; speculate

fourteen. to pass or spend (time) daydreaming (often followed by away): to daydream away the afternoon hours.

–adjective 15. the most desired or perfect situation: a fantasy vacation

—Adjective term

The idea was conceived in the mind and then implemented: They devised the most impossible of schemes.

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According to these definitions, I do not believe it is possible for someone to steal a person's dream from them. Upline propaganda like this dream-stealing language is designed to get IBOs to turn off their critical thinking skills and to blindly commit themselves to purchasing additional standing orders and function tickets, all of which generate profits for your favourite upline leaders. It is most likely the upline's concern because the upline is in the business of selling fantasies! I make money by selling false illusions of retiring and strolling along the shores of the world. For the vast majority of IBOs, these are pipe dreams that will never come true.

I believe that definition #6 is the most accurate description of an IBO. This is a long-term objective. When it comes to long-term goals such as retirement and wealth, IBOs should evaluate their involvement in the Amway business and assess whether it is the most appropriate vehicle for them to attain their objectives. This is not the suitable mode of transportation for the vast majority of people, as evidenced by the facts. It all comes down to whether or not an IBO was instructed by his or her upline to ignore the facts.

Taking an IBO's ambition away from them can have disastrous effects not only on the IBO but also on their upline. Individuals who have made the decision to put their time and money into creating a business with an MLM (Multi-Level Marketing) enterprise are referred to as Independent Business Owners, or IBOs for short. These people are frequently encouraged by the possibility of achieving financial independence and the privilege of working from the comfort of their own homes. Nevertheless, if their dreams are taken away from them, they risk giving up everything they have labored so diligently to acquire.

What exactly is meant by "Stealing the Dream of an IBO"?

A circumstance is referred to as "stealing an IBO's dream" when someone takes advantage of an IBO's hard work, steals their downline, and sabotages their business. Typically, this person is a competitor or an unscrupulous upline who is doing this. This can be accomplished in a number of different ways, including disseminating rumors or false information, recruiting members of the IBO's downline, eroding the IBO's credibility, and even damaging their internet presence.

The repercussions of denying an IBO their dream

Theft of an IBO's dream can have serious repercussions not only for the IBO themselves but also for their upline. The Independent Business Owner (IBO) runs the risk of losing their downline, which can be quite upsetting, particularly if they have put a significant amount of effort and resources into creating their company. They run the risk of losing their credibility and reputation in the sector, which makes it more challenging for them to begin their careers anew with a different company. This might put them in a difficult financial and emotional position, which would have repercussions for their personal and professional lives that would continue for a long time.

The ability of the upline to bring on new Independent Business Owners in the future may be hindered if they are seen as dishonest and steal the dreams of their Independent Business Owners (IBOs). This could lead to a loss of money as well as a tarnished reputation within the multi-level marketing (MLM) community. Furthermore, if the Independent Business Owner (IBO) chooses to take legal action, the upline may be subject to legal consequences, such as fines and damages.

Preventing the Dream from Being Stolen from an IBO

The prevention of the theft of a dream held by an IBO is essential to the maintenance of a robust and ethical MLM enterprise. The following are some preventative measures that can be taken by MLM organizations and uplines in the event that something like this occurs:

Implement stringent standards: Multi-level marketing organizations should have stringent policies in place to prevent an IBO's upline from recruiting members of an IBO's downline.

Encourage moral conduct: Multi-level marketing organizations should encourage moral conduct among its independent business owners (IBOs) and discourage any activity that could be harmful to their coworkers.

Give training: Multi-level marketing companies should give its independent business owners (IBOs) training and help on how to establish and safeguard their businesses.

Maintain a watchful eye on social media: MLM organizations and uplines should keep a watchful eye on social media for any unfavorable comments or posts that could be damaging to their business, and they should respond to these issues as soon as possible.

Establish relationships: In order to foster trust and head off any problems that might arise, uplines should get to know the members of their downlines and work to cultivate positive relationships with them.

Mentorship should be provided: Uplines should mentor their downlines in order to assist their downlines in building their businesses and achieving success in their endeavors.

Conclusion

Theft of the dream of an Independent Business Owner (IBO) is a serious offense that can have disastrous effects not only on the IBO but also on their upline. MLM organizations and uplines have a responsibility to take measures to prevent incidents like this from occurring and to encourage ethical conduct among their IBOs. MLM companies and uplines can assist in the prevention of this problem and assure the success and sustainability of their business by cultivating positive relationships, monitoring social media, and offering training and support to their customers.

Rich Dad or Bankrupt Dad?

 I came discovered the following article, which was rather interesting:

http://amthrax.wordpress.com/2012/10/12/rich-dad-poor-dad-bankrupt-dad/

12th of October, 2012

Robert Kiyosaki is a well-known businessman.

Robert Kiyosaki, author of the best-selling book "Rich Dad, Poor Dad," has filed for Chapter 7 bankruptcy protection with his Rich Global LLC corporation. He was recently found liable for a $24 million court lawsuit against the Learning Annex, which was an early supporter of Kiyosaki.

For more information, see the New York Post.

Forbes claims that it will have no impact on his financial situation because, among other things, he owns and operates as many as ten additional firms in addition to Rich Global LLC. It makes good business sense for him to keep his personal finances separate from his business finances, but ten businesses? Doesn't it sound like someone we've met in person before?

http://www.nypost.com/p/pagesix/rich dad bankrupt dad UNJgqVDYCEthW1TEAYYwXN

"Robert Kiyosaki, author of the financial self-help book “Rich Dad Poor Dad,” has filed for bankruptcy for one of his firms after losing a $24 million court judgement. Kiyosaki has had a long and prosperous career authoring financial self-help books and giving seminars.

Following a court order to pay roughly $24 million to the Learning Annex and its founder and chairman, Bill Zanker, Kiyosaki's Rich Global LLC filed for Chapter 11 bankruptcy protection.

Earlier this year, a jury found that Kiyosaki was required to give the Learning Annex a percentage of his profits following his use of their platform for speaking engagements, which included a 2002 appearance at Madison Square Garden. US District Judge Shira A. Scheindlin ordered Rich Global to pay up $23,687,957.21 after a jury found that Kiyosaki was required to give the Learning Annex a percentage of his profits following his use of their platform for speaking engagements On August 20, Rich Global filed for bankruptcy in the state of Wyoming."

Is Your Upline A Mentor Or A Lousy Consultant?

 When it comes to some LOS leaders, such as those I had at WWDB, what is really insidious about them is that they appear to be cutthroat, vicious businessmen dressed in fine suits, who are disguising themselves as your mentors and friends. They will convince you that they have your best interests at heart and that they would never intentionally lead you astray if they can get you to trust them. On the surface, you might believe this to be true, but take a closer look at their activities and it becomes clear that some of these uplines are truly vicious businessmen who would take every penny they could from you if they had the opportunity. Based on a WWDB IBO blog, I have excellent cause to assume that this is still being done by the organisation where I previously worked. On this blog, I notice all of the same teachings that I learned while I was an IBO, as well as some of the same claims, such as buying houses in cash, that I heard then. It's a little frightening.

As an IBO, the diamonds would advise you to never miss an event under any circumstances. The only justification you could give for missing an event was that you were attending your own funeral. Several crossline IBOs I've known have rescheduled pre-planned family celebrations such as anniversaries, weddings, and other special occasions in the name of being core and attending all functions. Some IBOs did, in fact, abandon their jobs in order to attend events, and it's possible that they did so because their uplines instructed them to do so. Also encouraged and told to go into debt in order to attend a celebration were Independent Business Owners (IBOs). This was OK because it represented an investment in your company.

Our group was also forcefully encouraged to purchase additional CDs on a weekly basis. To be honest, you needed to listen to a CD every day, and you couldn't just listen to the same one every day, could you? Couples were instructed to purchase separate standing orders for themselves. Brad Duncen even had a true north tape (cd) that stated that sponsors were to eat the standing orders for downlines who quit because it was too much work to call upline who calls upline who calls upline in order to cancel a standing order because it was too much trouble. They didn't seem to mind upline phoning upline calling upline in order to set up a standing order, which was surprising.

In the end, I was fortunate enough to be rising up the pin ranks at the time of my defeats, which made them not as heartbreaking. I ended up losing money in my first few months of operation, but I was generally profitable by the time I reached 4000 PV. Unfortunately, my crossline did not fare quite as well. I am aware of at least one couple who filed for bankruptcy. No one knows how much their WWDB affiliation led to their bankruptcy, but I am confident that it was a significant influence. I am also aware of at least two couples who had their homes foreclosed, and I believe that their ties to WWDB played a role in those foreclosures as well. Perhaps they were duplicating, since two WWDB diamonds had their homes foreclosed on at the same time.

Do not be taken in by this ruse. If you allow them to, the diamonds will take your last dime, despite the fact that they have a good grin and a nice suit on their faces.

Distributors in the world of multi-level marketing (MLM) organizations like Amway frequently look to their upline for direction, support, and mentoring. A person or group of persons who are above an individual distributor in the organizational hierarchy and who offer guidance and assistance to the individual distributor in order to help them build their business is referred to as the distributor's upline. However, not all uplines are made equal, and it is essential to be able to differentiate between a useful mentor and a poor consultant in order to succeed in network marketing. The following are some warning indications that your upline in Amway may not be giving you the direction and guidance you need to be successful in the company.

Lousy Consultant:

Knowledge and Expertise Gaps: A bad upline may have knowledge and expertise gaps when it comes to the products, sales methods, and marketing tactics that are necessary for success in Amway. They may offer advise that is out of date or ineffective, which does not take into account the current market conditions or the requirements of your consumers.

Inadequate Support: If you have a poor upline, it's possible that they won't be there for you when you really need them to answer your questions, guide you, or offer emotional support. It's possible that they are more concerned with growing their own company than assisting you in expanding your own, or that they simply don't have the time or interest to be a good mentor.

A poor upline could be pushy or manipulative, and they might try to get you to generate sales or recruit new distributors even if you aren't comfortable doing either of those things. Instead of respecting your autonomy and assisting you in building your company in a way that is congruent with your beliefs, they may resort to manipulative strategies or make you feel guilty in order to persuade you to do what they want.

Mentor:

Knowledge and Expertise in a Wide Range of Subjects: A strong upline mentor will have a comprehensive understanding of the Amway goods, sales techniques, and marketing strategies that are necessary to thrive in the business. They will provide information and guidance that is up to date and based on their own experiences as well as the experiences of other successful distributors.

Support and Availability: A competent upline mentor will be there for you when you need them the most to answer your questions, provide direction, and offer emotional support. They will also be able to guide you. They will be invested in your success and will take the time to help you grow your abilities and increase your confidence as a business owner. They will help you develop your skills and build your confidence.

Both Respectful and Empowering: A good upline mentor will respect your autonomy and provide you the freedom to create your business in a way that is congruent with the principles and objectives you have set for yourself. They will direct you in the right direction and offer sound advise, but in the end it will be up to you to decide what's best for you and take ownership of your achievements.

In the end, the success of your Amway business is dependent on a number of things, the most important of which are your personal level of desire and dedication, as well as your readiness to learn and develop. On the other hand, having an upline mentor who is both supportive and knowledgeable may be an extremely useful asset in helping you expand your business and accomplish your objectives. If you have the impression that your upline is more of a poor consultant than a useful mentor, it is in your best interest to look for additional sources of support and guidance. Some of these options include successful distributors, online groups, and training materials.

Is Your Amway Upline Your "Coach"?

 Many engaged 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 concept of an upline is an essential component of the business model utilized by multi-level marketing (MLM) organizations such as Amway. A person or group of people who are above an individual distributor in the organizational hierarchy and who provide assistance and guidance to help the individual distributor expand their business is referred to as the distributor's upline. An upline can be a person or a group of people. Sometimes the person at the top of the organization's hierarchy will be referred to as a "coach" or a "mentor." The following is a list of some of the benefits and drawbacks of using your Amway upline as a coach.

Pros:

One of the key advantages of having an upline that is both supportive and educated is that they will be able to assist you in navigating the intricate details involved in constructing an Amway business. A reliable upline will be able to instruct you on sales strategies, product expertise, and marketing strategies as well as supply you with training. They can also assist you in establishing goals and developing a strategy for how to go about reaching those goals.

In addition, having a helpful upline that is there for you through the highs and lows of growing a business can provide you with the emotional support and encouragement you need. Beginning and operating a business may be a trying and isolated process; therefore, having someone you can consult for direction and support can make a significant contribution to your likelihood of success in these endeavors.

Last but not least, your upline may be able to connect you with additional distributors who are part of a network and can give you with additional assistance, resources, and expertise.

Cons:

As a coach, placing an excessive amount of reliance on your upline can limit your individuality and creativity, which is one of the major downsides of doing so. If you come to rely too much on your upline for direction, you can begin to get the impression that you need to adhere to their recommendations and plans to the letter, rather than conceiving of and implementing your own one-of-a-kind strategy for growing your business.

In addition, there is a possibility that certain uplines have their own agendas and interests, which may be in direct competition with yours. For instance, they may put pressure on you to recruit additional people into the firm, even if you don't feel comfortable doing so. Alternatively, they may encourage you to focus on particular items or methods that may not be the best fit for either your personality or the market.

Last but not least, keep in mind that your upline is also a business owner that is working to expand their own company. This is an essential fact to keep in mind. Even though they could have your best interests in mind, it's possible that they are also driven by their own financial ambitions and desires.

In conclusion, when it comes to developing an Amway business, having an upline that is both helpful and competent may be an extremely useful asset. However, it is essential to find a balance between creating your own autonomous approach to building your business and relying on your upline for help in the process of growing your business. In the end, the secret to success in Amway or any other multi-level marketing firm is to continue learning and growing as a business owner, remain loyal to your beliefs, and keep focused on the goals you have set for yourself.

Build Your Amway Business Right, and Build It Once?

 I believe that Amway independent business owners (IBOs) have a 50 percent attrition rate in their first year of business. Taking a 5-year perspective, I estimate the attrition rate is somewhere in the neighbourhood of 95 percent. This means that just 5 IBOs will be around in 5 years out of 100, or that out of 1000 IBOs, 50 will be around in 5 years out of 100. For business builders, this is highly important because they will need to update half of their IBOs on an annual basis if they are in the business of building businesses. As a result, I am quite sceptical that there are IBOs who "built the business well and built it once," who have retired from Amway-related activities but continue to earn a sizable residual income. I would think that significant income may be characterised as being sufficient to support a lifestyle in the highest tax rate (in the United States) without having to report to a job of some kind.

Now, I appreciate that some IBOs are offended when I bring up sensitive topics like this in a meeting. The reason for this is because they have been duped by an upline diamond or large pin who has sold them on the promise of financial riches for the rest of their lives if they will only work hard for two to five years. When I was younger, I believed the same thing, but then I realised that there isn't a single diamond that I know of who created their firm well and then retired to the beaches of the globe as truckloads of money poured in. It makes you question why you see Crowns still working while diamonds are truly quitting or resigning in such large quantities. I've asked the inquiry numerous times, but have never received a satisfactory response. Can anyone think of a few folks that founded their businesses correctly and only developed them once and are currently reaping the benefits of these lifelong residuals? Also, if that were an advantage, why isn't Amway stating it explicitly?

Instead, you have a steady and never-ending supply of inspiration that is marketed to independent business owners (IBOs). CDs, books, meetings, gatherings, and other forms of incentive, such as voicemail messages, are all effective ways to stay motivated. Unfortunately, independent business owners must continue to pay exorbitant prices for motivation and "education" about the Amway business when there are less expensive and more efficient methods of communication available. If you don't require a voicemail system, why would you want one when a Facebook group account can send messages to your whole group in seconds and at no cost? This is due to the fact that the uplines wish to extract every potential send from their downlines. I feel that, as a result of the internet, individuals are beginning to find things out for themselves and are avoiding the systems altogether. I'm hoping that Joecool's blog may help in this regard.

All that is truly required of IBOs is for them to see a net profit at the conclusion of each calendar month. In the event that IBOs earned an additional $200 a month, or $50 a month, or $600 a month as claimed, there would be no need for motivational speeches. The IBOs would simply look at the increase in their financial position and decide to continue working. It is simple to understand why retention rates are so low. In addition to losing money due to system expenses, IBOs are losing their motivation to continue. If you are an IBO or a prospect, take a moment to reflect on your actions. Would you require functions and other materials to keep you motivated if you were earning an extra $200 per month with little effort? Would you require functions and other things to keep you motivated? Or would you be motivated solely by the prospect of making a profit? A net profit will provide you with all of the drive you will ever require. Make a deposit in a bank with that.

Amway Makes You "Rich"?

 Amway has the potential to make you wealthy. Many Independent Business Owners (IBOs) claim they were advised that Amway was not a "get rich quick" scheme. However, it is clear that someone must have given them the sense that Amway will eventually make them wealthy; otherwise, why would anyone want to get involved? So why would someone want to put in that much effort and risk being humiliated in front of their friends and family to promote a business that will most likely result in funny glances rather than financial gain. Is it possible to become wealthy with Amway?

Yes, if you are a diamond in the rough, Amway can make you rich if you offer voicemail services, books, standing orders, and function tickets to customers. If you own Amway and sell to millions of Independent Business Owners (IBOs) who "purchase from themselves," Amway can make you wealthy. If you publish a book that millions of Amway Independent Business Owners (IBOs) buy, you could become extremely wealthy. Amway has the potential to make you wealthy if you can build a large enough downline of devoted customers who will continue to purchase items in order to qualify for the bonuses. However, aside from the handful of people I just detailed, the Amway opportunity is more likely to leave you broke, or at the very least lighter on your financial feet.

Almost all Independent Business Owners (IBOs) produce insufficient income to cover their monthly voicemail expenses, let alone the various support materials that are pushed downline in groups such as WWDB or BWW, or N21, among others. When it comes to Amway, these materials are advertised as the "key to success," but in truth, they are the key to success for the uplines who receive a portion of the revenues from these materials. Despite the fact that these materials are touted as essential to success, the uplines manipulate their followers into blaming themselves if the system does not work for them. This is the true kicker. Something along the lines of throwing a coin and declaring, "Heads I win, tails you lose." Your upline wins as long as you continue to purchase support items from them, and your outcomes are of little relevance in their eyes. In fact, they are unlikely to demand fresh diamonds because they would be forced to split the tool money if they did.

So, is it possible to become wealthy through Amway? I would suppose it is conceivable, but it is also possible that you will win the Powerball jackpot, so keep your fingers crossed. To build a platinumship, it usually takes more than 100 downline IBOs to accomplish this goal. In addition, a platinumship occurs less than once per 200 IBOs on average. Moreover, at that level, you are likely to make only a small profit or break even. That tells me a great deal about you. What does it have to say to you?

Amway Is Not A Pyramid, It's An Iceberg?

 I was participating in a conversation on another site when someone made the observation that Amway is like an iceberg because you only see the beautiful clean ice on the top of the iceberg and not the rest of the iceberg. For better or worse, the diamonds show you the fine suits, jewels, care, mansions, and private jets, but what you don't see is the financial carnage that occurs in their downlines at various points during the year. It was my previous upline who would encourage audiences that they should skip meals in order to purchase more standing orders because you never know when you might hear the one thing that would make their business explode. I'm sorry, but I don't recall ever witnessing or hearing of someone's business "exploding."

While you won't hear much of the unethical and "wrong" teaching on standing orders because part of it is regulated by Amway, it is during the night owls and smaller group meetings that the genuine teaching is distributed.. This is the point at which you are informed that you must practically sell your soul in order to succeed in Amway. The teaching comes into play at this point, and you should be purchasing an excessive amount of tools in order to be successful. This is the point at which you are instructed not to miss a function unless it is for your own funeral. A rookie or a casual spectator will not notice these things, but if you ever decide to pursue a career in business development, this will most likely become your world. This is how the leaders get their unethical teachings to the lower levels of the organisation: by distributing the knowledge downline through the platinum level members.

During functions and meetings, the backstage area is not visible. Former rubies and platinums have weighed in on the diamonds, with some even joking about how gullible the diamonds are in comparison to themselves. What you don't get to see is where the money gathered at meetings and functions ends up. There had been some previous comments about people practically carrying suitcases full of cash out of the building. The likelihood is that your tools money had a large role in the acquisition of your diamond if your upline resides in a house and drives a fleet of luxurious automobiles.

It's a straightforward conclusion. Amway products having a greater markup than tools, which also have fewer beneficiaries among whom the incentive might be divided. A $7.00 Amway product may only cost $3.00 to manufacture, with the remainder being bonus money distributed among the IBOs at the various layers of the organisation. While a $7.00 CD might only cost 50 cents to make, only platinum-level albums receive any reimbursement from this type of money. However, rank and file independent company owners (IBOs) rarely get a full and honest image of the firm. Just as the underside of an iceberg is shrouded in mystery, so is the underbelly of the moon. I challenge IBOs to conduct themselves like true businessmen and women, and to confront their uplines with the difficult questions about how the money is earned. Do not take hyperbole and anecdotal stories at its value. In the real world of business, schedule C company tax filings are the most common method of confirming the existence of business income. If you intend to "invest" your hard-earned money into the system for the benefit of your upline, you should insist on receiving this information from them.

Would any of you consider purchasing a conventional business from someone who hasn't demonstrated that it is successful? What makes you think an Amway business would be any different? Look for an accurate representation of what you are putting yourself into.

The question of whether or not Amway, a direct-selling firm that has been in operation for more than 60 years, is a legitimate business opportunity or a pyramid scam has been the subject of much discussion. Amway's business model has been constantly defended by the firm as being both legal and ethical, despite the fact that some people have claimed that Amway operates as a pyramid scam. In point of fact, some officials of Amway have compared the business model of the corporation to an iceberg, claiming that only a small percentage of the company's operations are visible on the surface.

The comparison states that the tip of the iceberg represents the sales of Amway's products to clients, while the broader, invisible piece of the iceberg reflects the aspect of the business that focuses on team building and recruitment. In other words, while the sale of products is an essential component of the business, the actual money is made through the recruitment of new members into the organization as well as the development of a productive sales force.

Despite this, supporters of Amway contend that the company is not a pyramid scheme due to the aforementioned fact. Pyramid schemes violate the law since their revenue generation is predicated almost entirely on the recruitment of new members rather than actual product sales. This makes them inherently unethical. In contrast, Amway places a significant focus on product sales. In order to be eligible for bonuses and other incentives, Independent Business Owners (IBOs) are required to sell a particular quantity of products.

In addition, Amway asserts that their business approach is not only centered on recruitment, but rather on establishing successful sales teams rather than individuals. Because of this, IBOs are obligated to provide their downline members with training and support, as well as assistance in reaching their individual sales quotas. This indicates that although recruitment is an essential emphasis for the company, it is not the only focus that the company has.

In addition, Amway conducts its business in compliance with the rules and regulations of each country in which it operates. The Federal Trade Commission (FTC) in the United States, for instance, has conducted examinations into the business operations of Amway and has come to the conclusion that the corporation offers a legitimate business opportunity and is not a pyramid scam.

In light of the aforementioned, it is essential for people who are considering signing up with Amway or any other multi-level marketing organization to first conduct their own study and acquire an understanding of the rules and regulations that are applicable to businesses of this nature in their particular nation before taking any further action. Before devoting one's time and resources to a multi-level marketing (MLM) opportunity, it is essential to have a solid understanding of the relevant laws and regulations, as certain nations have more stringent requirements for businesses involved in direct sales.

In conclusion, some individuals may consider Amway's business model to be a pyramid scam; however, the firm defends its model as an iceberg, with an emphasis placed more on the sales of products and the formation of teams than on recruiting. Amway complies with the rules and regulations of the nations in which it conducts business and has been deemed by government bodies such as the Federal Trade Commission to be a viable opportunity for business ownership. Before jumping into any opportunity, individuals should make sure they have done their own research and have a solid understanding of the laws and policies that govern multi-level marketing organizations in their nation.

Amway IBOs Reap What They Sow?

 One of the things that many prospects and IBOs believe is that they will make an investment of time and money into Amway and that they will eventually receive their time and money back in such abundance that they will be able to walk away from their jobs and walk the beaches of the world while earning a lifelong residual income as a result of their Amway business. This belief is supported by numerous studies. I'm curious whether any of you Amway IBOs and prospects can genuinely name even five persons who have actually achieved this goal in your careers. You should keep in mind that millions of other individuals have undoubtedly desired to do the same thing and have attempted Amway's systems just to discover that reality is quite different from what they expected.

Many people are under the impression that they will harvest what they sow. While all of those statements are correct, I suppose the next natural inquiry is: what are you sowing? Are you misleading while you're prospecting for individuals to come view the plan with you? Do you find yourself needing to excuse and conceal price comparisons that are not in your favour? Are you truly selling products to customers and thus qualifying for your Amway bonus? If so, congratulations! Do you have an unfavourable attitude of folks who do not join Amway or who are not interested in seeing the plan (broke losers)? Do you now believe that your boss and your job are inherently evil? Do you leave your children at home while you attend a slew of parties and meetings all at the same time? Isn't it true that you reap what you sow?

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

Are you getting the benefits of your labour?

Amway IBO Tidbits Or Sad facts?

 So many people are deceived into believing that by joining an Amway Independent Business Owner (IBO), they will magically become wealthy. Many recruiters will relate stories about how they were previously broke, but that they signed up, overcame obstacles, and are now gems enjoying vast riches and luxuries as a result of their efforts. People become engulfed in "dreams" and are frequently persuaded to disregard the evidence. People who own and operate businesses should pay close attention to the facts since they reveal a great deal about their company and its chances of being successful. However, what are some interesting facts regarding the Amway industry that many people aren't aware of? I've mentioned a handful of the most crucial ones for individuals who have ambitions to become diamonds.

1. According to Amway, the average diamond earns less than $150,000 per year on average. A diamond may supplement some of this with money from the sale of tools, but after taxes and business expenses such as travel to and from the many functions that a diamond attends, a diamond would be left with enough money to live an ordinary middle class lifestyle, not one characterised by mansions and sports cars as depicted in many functions or meetings. Yes, a Q12 diamond would bring in more money, however a Q12 diamond is the exception rather than the rule in this case.

2. The majority of independent business owners are never able to sponsor even a single downline. When the majority of people are unable to sponsor anyone, it is quite difficult to build six (6) downline platinums.

3. The vast majority of Amway items are acquired by independent business owners (IBOs) rather than sold to customers. Give an example of an actual firm that survives by having the majority of its items purchased by its own employees or salesforce. As far as I know, MLM is the only enterprise in which this occurs. Understandably, this explains why 99 percent or more of Amwayers who follow the "method" either make nothing or lose money.

4. For the majority of IBOs, the cost of functions, standing orders, and other support materials are the primary reason for their financial failure, but it also represents a considerable profit for some of the companies that offer the materials.

5. Someone's failure is not always the result of their lack to put forth their best effort. Working hard, on the other hand, does not equal to success in the Amway business. According to my estimation, hardly a fraction of one percent of hardworking IBOs make a big profit, even among those who put in the most effort. Obviously, doing nothing will not get you somewhere, but in this field, working hard will also not get you there very often. It is my educated belief that the high cost of support materials is the primary reason why so many independent business owners (IBOs) lose money, even among those who work really hard.

Despite the fact that I could go on and on, here are a few important things that IBOs and information searchers should be aware of. I am open to hearing and considering different points of view.

Why Amway Diamonds Appear Wealthy?

 One of the things that many independent business owners (IBOs) do not understand is where the actual upline revenues come from. They believe they will get passive residual income, but the majority of them are unsure of how it works or where the money comes from, if at all. In its place, the majority of individuals see a photocopy of an upline's check, or they may see the upline driving a fancy car or something similar. They have little understanding of how the business operates, let alone the notion that there are two enterprises operating simultaneously. In addition, there is the Amway potential and the tools business. To be honest, most independent business owners would be much better off writing a check to their upline for $50 per month and never being involved in the Amway offer.

Upline receives a portion of the proceeds from the transfer of merchandise. Amway pays out approximately 32 percent of their gross revenue in the form of bonuses. The majority of IBOs (those who are actively expanding their businesses) earn 3 percent of the incentive, with uplines receiving the remaining 29 percent. When you stop to think about it, it's not such a bad deal. Furthermore, the majority of IBOs overspend on Amway items. They are not merely substituting for what they would typically purchase. There would be a slew of former IBOs who would continue to move 100 PV or more if this were the case. Instead, when an IBO decides to leave, they either stop buying anything from Amway or only use a few things here and there from the company. The possibility, as well as the manner in which it is advertised, merely creates a false demand for Amway items on the market. In light of this, why is it that, after 50 years in business, independent company owners (IBOs) sell fewer than 5 percent of their goods to non-IBOs, making IBOs the major and, in some cases, the only consumers of Amway produc

Then there's the tools industry, where IBOs are only entitled to a meagre 3 percent of the company's income. All of the tool profits are retained by the uplines. While this may appear to be acceptable on the surface, it is important to remember that the tools do not function. Currently, there is no independent proof that the tools promote a natural progression of IBOs, to my knowledge, therefore I cannot comment on them. Since I left the diamond business in 1997 or 1998, I can't think of more than a few new diamonds that have been discovered in the United States. In addition, even if there were a few new diamonds, I believe there were many more who stopped or left Amway for a variety of reasons. One could wonder why a diamond would decide to stop working in the first instance if there was indeed residual passive revenue at stake.

So, where do the revenues from the upline originate from? It's simple: it comes directly from the pockets of those in the downline. If IBOs were to really sell items, some of the income would come from sales and customers, not from commissions. Instead, the vast majority of Amway sales are made simply from upline to downline. Furthermore, virtually all sales in the tools industry are generated from upline to downline. As a result, many IBOs spend $500 to $600 per month on products and receive a $10 reimbursement if they hit 100 PV. When you add in the $150 to $250 a month that IBOs spend on tools, the picture becomes much more complicated. Suddenly, that low-cost or no-risk opportunity doesn't seem so low-cost anymore. In addition, if IBOs continue to work it for several years, they can quickly rack up tens of thousands of dollars in charges.

People, this is where the upline revenues come from. If you do the math, the vast majority of IBOs would be better off writing a check to upline for $50 a month and doing nothing else.

Amway is a multinational firm that engages in multi-level marketing (MLM) and has been in operation for more than 60 years. There is a rank inside Amway's distributor network that is referred to as "Diamond," and it is one of the highest levels that may be achieved. Many people believe that in order to earn the rank of Amway Diamond, a person must have amassed an extraordinary amount of wealth. This belief stems from the common perception that diamonds are emblems of riches and accomplishment. In this post, we will investigate some of the factors that contribute to the appearance of riches at Amway Diamonds.

Profits Generated from the Amway Business

One of the primary reasons why Amway Diamonds give the impression of having a lot of money is due to the fact that they run a prosperous Amway business. In order to earn the Diamond rank, one must put in a large amount of effort and demonstrate a high level of dedication and competence. Diamonds generally have huge networks of distributors working under them, and they receive a commission on a percentage of the sales produced by those working under them. Because of this, Diamonds may end up earning a substantial amount of passive income, which may give the impression that they are wealthy.

The view of the public

Public opinion is another factor contributing to Amway Diamonds' appearance of financial success. People have a tendency to automatically think that somebody at a high position in an MLM company must have an extraordinary amount of money because the industry as a whole has a reputation for being a means to make a lot of money very rapidly. In addition, Amway is a reputable company that is known for producing high-quality goods, both of which contribute to the impression that its distributors are wealthy.

The Appearance of Luxuriousness

Many people associate a sense of luxury with Amway Diamonds because of their appearance. They may be able to afford expensive automobiles, residences, and other forms of luxury because they have earned a high level within the firm and consequently have access to greater financial resources. This can contribute even further to the impression that one is wealthy and successful.

Amway's Financial Education Division Diamonds typically have a solid awareness of personal finance and the tactics that may be used to develop wealth. Getting to the Diamond level needs not only an in-depth knowledge of how to run a profitable MLM organization, but also a grasp of how to efficiently manage financial matters. The acquisition of this knowledge can result in a lifestyle that is more financially secure and may also add to the impression of riches.

People Who Have Achieved Success Together

Last but not least, Amway Diamonds typically have a group of other successful people in their immediate circle. In order to reach the Diamond level in the company, one needs to have a successful downline of distributors working under them. Because of this, Diamonds are frequently found in the company of other ambitious and successful people, which might contribute to the impression that they are wealthy and successful.

In conclusion, the appearance of riches at Amway Diamonds can be attributed to a number of different factors. This notion is helped along by a variety of factors, including their income from their Amway operation, public perception, luxury associations, financial education, and a network of wealthy people. Even though not all Amway Diamonds are necessarily affluent, obtaining this level involves a great amount of hard work and perseverance, both of which can lead to financial security and success.

What Is A Likely Amway Experience?

 When it comes to advertising Amway, one of the things that promoters and apologists prefer to do is depict the best case scenario. The desire to demonstrate the best case scenario is understandable, and I have no problem with a promoter doing so. However, in my informed view, it is important to determine whether the best case scenario is being displayed with deception or lies. As an example, when other "financial" gurus air their infomercials, they include a disclaimer explaining that each success storey represents a "one-of-a-kind" experience. Many Amway promoters, it appears, are doing the reverse, creating the impression that financial success in Amway is the rule rather than the exception. In the meanwhile, what is the more common or likely experience for an IBO?

I'm not going to get into the IBOs who sign up and then do nothing, even though this may be a typical occurrence. (This is due to the fact that there may be other factors at play, such as dishonesty or harrassment on the part of the recruiters.)

I believe that many will see the plan, which is often the 6-4-2 plan, which is intended to demonstrate how you may become a platinum member. According to the speaker, you only need six of these groups to become a diamond, earning hundreds of thousands of dollars and being able to walk the beaches of every continent.

For many, the reality is that they join up with a lot of excitement, assuming that at the very least some of their friends and family will agree that this is a feasible option. As a result, the new IBO will purchase or consume 100 PV, and he or she may attempt to sell a few items. Eventually, this same IBO will talk to his or her family and friends, and many of their friends and family members will show sour faces because they have already had a questionable or negative experience with an Amway IBO, or they know someone who has had a questionable or negative experience with an Amway IBO. I, too, was duped into attending a meeting at one point. They may pay attention to the standing orders and attend meetings with the goal of achieving success in accordance with the plan.

However, after a few months, few individuals are interested in registering, and even fewer are interested in purchasing the products, and it becomes increasingly difficult to develop contacts and convince new people to support the plan. After a while, the expenses start to build up. It is possible that you have products such as laundry detergent or LOC that you do not need to replace, but because you have met your de facto 100 PV requirement, you end yourself purchasing additional items in order to meet the all-important 3 percent bonus bracket. When you have amassed an inventory of household products and things that you had never used before joining Amway, you will find that your bank account is diminishing as the products, as well as the associated fees such as voicemail and other features, begin to accumulate.

Eventually, you resigned, in some situations with the now-former IBO feeling humiliated or guilty that they had even gotten involved in the first place. They vanish without a trace, and none of their old "lifelong" IBO buddies seem to notice. They will not bother to express their dissatisfaction with Amway, but they may feel the urge to express their dissatisfaction if the company is mentioned again.

Ultimately, the unpleasant experience and financial losses were likely caused by an AMO such as Network21, WWDB or BWW, but the association of a terrible experience with Amway is likely to be established in the future. This is a more likely scenario than someone quitting their work to travel the world's beaches.

The experience of becoming an Amway Independent Business Owner (IBO) can vary greatly depending on individual circumstances and efforts. However, there are some common themes and likely experiences that many Amway IBOs go through.

First, becoming an Amway IBO usually involves attending a recruitment event or being approached by someone who is already a part of the company. At these events, potential IBOs are often sold on the promise of financial freedom and the ability to work for themselves. They may hear stories of successful IBOs who have made millions of dollars and be presented with flashy presentations that emphasize the company's reputation and prestige.

If they choose to join, new IBOs are typically required to purchase a starter kit and sign up for ongoing training and support. This may include attending meetings and conferences, as well as purchasing products to sell or use themselves. Some IBOs may also be encouraged to recruit others to join the business, as this is seen as a way to increase their income potential.

Initially, new IBOs may be excited and enthusiastic about the potential of their new business. They may spend time networking and connecting with other IBOs, attending trainings and events, and building their own online presence to promote the products they are selling.

However, as time goes on, some IBOs may begin to feel disillusioned with the process. They may find it difficult to recruit new members or sell products, or they may struggle to balance the demands of building a business with their other commitments and responsibilities. Some IBOs may also become frustrated with the high costs associated with running their business, such as the cost of attending events and purchasing products.

Additionally, some IBOs may experience pressure from their upline or team to continue investing time and money in the business, even if they are not seeing results. This can create a sense of guilt or obligation, and some IBOs may feel like they have no choice but to continue with the business even if they are not enjoying it or seeing success.

Overall, a likely Amway experience involves a combination of excitement, hard work, and potential disappointment. While some IBOs may see quick success and growth, most will need to put in months or even years of effort before seeing significant results. Those who are able to remain committed, seek out support, and maintain a positive mindset are more likely to see success over the long term. However, success in Amway, like any business, is never guaranteed, and it is important to carefully consider the potential risks and benefits before deciding to become an IBO.

What Is A Business Owner Mentality?

 When it comes to IBOs, one of the most common catchphrases they use is that you need a "business attitude." Those of us who have a "employee attitude" will not be able to make it in the Amway organisation. This strikes me as amusing, given that the vast majority of Amway Independent Business Owners (IBOs) hold a day job. A job that they must require in order to pay for their Amway enterprise. A career that compensates them for the cost of their voicemail, CDs, functions, and books, in addition to the cost of the Amway products they promote. Most Independent Business Owners (IBOs) would be out of business almost immediately if they did not have an employment income to supplement their Amway business.

According to AMO officials, a business mentality is one that does not expect immediate returns, despite the fact that the Amway business has little risk and low overhead, according to the report. A business attitude also includes the practise of reinvesting any and all profits back into the purchase of support materials. A business owner does not anticipate making a profit for at least five years. Many of these assertions are taught by unscrupulous uplines, and sadly, many independent business owners (IBOs) accept and believe the training. While they initially entice prospects with discussion of little risk and the chance to earn immediately, the instruction gradually shifts to emphasise the importance of reinvesting money back into the firm and not anticipating profits for several years. It's a bit of a bait and switch.

To be sure, it is possible for a business owner to think and see things in a different light than an employee. For example, an employee may perform admirably from 9 to 5, but after 5:00 p.m., the employee may be returning home to care for his or her family, or engaging in some form of physical activity or recreation. Because he or she has made a significant financial investment in the company and wants to ensure its success, the business owner may be compelled to stay after hours to complete a project after hours. Amway, on the other hand, is marketed as a part-time opportunity where you may work as much or as little as you like, on your own schedule, whenever you have time.

The assumption I have is that uplines desire for their downline IBOs to acquire a company owner mentality, not because they want downline to succeed, but because it instils a commitment to the tools purchases and pulls an IBO's attention away from earnings for a period of time. Consequently, IBOs consider themselves successful (even if they are not making a profit) provided they are following the standing order, attending all functions, and displaying the plan. It is a ploy used to keep IBOs who are not profitable on the team. The need to continually inspire IBOs with an infinite supply of cds and functions would be unnecessary if they were genuinely producing money. Although most independent business owners lose money or earn little, the average IBO must be taught that it is common for a "business owner" to lose money for a number of years, or that they must continue to reinvest their gains in order to be successful.

In sharing this, I'm telling IBOs to focus on making a profit by selling their products. That is all the incentive you will ever require. Keep track of your bottom line and evaluate the return on your time and financial commitment. That is the action of a true business owner, and it is the true "business owner mentality" that he possesses. Which of these are you?

What Amway Prospects Should Know

 While working as an IBO, I was completely oblivious of the fact that our uplines were making money 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.

Eventually, the internet and other media made it hard to hide these lies, and uplines revealed in a lighthearted manner that they had profited from the products 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 fallen out of 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. That the uplines are not intended to tempt Amway prospects into joining by offering them tools money is hilarious, given that they are told that tools are critical to their success. However, this is exactly what happens in this situation.

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.

Think about how you'd feel if your upline is bragging about themselves as a financial genius while their homes are in foreclosure or they are experiencing financial issues in the background. 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.

Many prospects and Independent Business Owners (IBOs) are unaware of this, but I hope they take it to heart.

The Residual Income Fairy Tale?

 Another misconception that many IBOs have is that they will establish their Amway business and then be able to "walk away" from it while the income continues to flow in. This is not the case. In my opinion, if Amway offered such an outstanding benefit as the ability to generate everlasting residual income, I'm confident that the company would publicise it as a benefit of being an Independent Business Owner (IBO) in some way. Amway, on the other hand, does not. Your LOS, whether it is BWW, WWDB, or one of the others, will almost certainly promote this benefit while telling you that your best chance of obtaining it is by subscribing to their "system."

There is one thing that goes unnoticed far too often: there appears to be no one who has genuinely retired and is living off the efforts of having once developed a significant Amway business. Even the crown ambassadors appear to maintain a hectic schedule, travelling from function to function and partaking in various other business-related tasks, according to reports. While many of these leaders may claim that they are motivated by their downlines or some other nonsense, I believe that they are motivated to continue working in their Amway enterprises for only one reason. That is, they must continue to work in order to maintain a steady stream of revenue. Where are the people who have retired from Amway residual income if they exist?

The diamond lifestyle that is frequently shown may appear to be a wonderful aim or dream to pursue, but the reality is that a "diamond lifestyle" cannot be supported solely by diamond revenue. According to Amway, the average diamond earns approximately $150,000 per year. However, while that may appear to be a substantial amount of money, it is far from sufficient to support the kind of lifestyle advertised by diamonds. Even if that income is supplemented by income from the sale of tools, you will not be able to fly your family across the country in first class to attend a variety of activities and still have enough money left over to purchase a luxurious home and automobile.

If I put $1000 in a bank and didn't touch it for a year, the bank would promise that I would receive a specific amount of interest each year, no questions asked. That is referred to as residual income. In Amway, you may earn money in two ways: by selling products and by recruiting others to sell your products. Product sales for profit are possible, however there are drawbacks to this strategy. For starters, Amway items are generally more expensive than those available from local merchants. It is for this reason that you hear so many justifications about quality and concentration, because it is difficult to fight with cost. Second, you are significantly constrained in your ability to advertise, making it difficult to sell your products. Building a downline is another method of generating additional money in the hopes that the downline will assist you in increasing your volume by leveraging your efforts. However, your downline will face the same difficulties that you did when it came to shifting things. After all that is said, even if you reach a certain degree of success, like the Emerald or Diamond, your company will quickly begin to fall apart once you stop working because attrition will have taken its toll on the organisation. It is for this reason that there are large quantities of "former" platinum. If platinum is not a long-term investment, then neither is any other level of investment, including emerald or diamond.

There have been numerous cases of gems quitting, resigning, or otherwise losing their qualifying status. Every day, new and old customers arrive and depart from this establishment. Do you honestly believe that you will be able to rely on your retirement and residual income in these circumstances? If you believe that, I have some swamp acreage in Florida that I would be willing to sell you for a reasonable price.

In the realm of business and entrepreneurship, the idea of residual income is sometimes sold to consumers as if it were some sort of fantastical "fairy tale." The term "residual income" refers to money that continues to be earned long after the initial job or effort has been completed. This income is typically generated through passive ways such as investments, royalties, or recurring commissions. Residual income can be a significant source of financial security.

The concept of residual income may sound appealing; nevertheless, in practice, it is not a panacea that will grant one complete freedom from their financial situation and ensure their success. individuals may be led to feel that they can achieve financial independence without putting in the necessary work and effort if they are told that residual income is a fairy tale. This can be problematic because it may lead individuals to believe that they can achieve financial independence without putting in the necessary work and effort.

The truth is that if you want to establish a sustainable residual income, you are going to have to put in a substantial amount of work, time, and devotion. For instance, in order to build a profitable investment portfolio, one must conduct thorough research and analysis, maintain continuous monitoring and administration, and dedicate oneself over the long term to making astute financial choices. In a similar vein, developing a successful company that is capable of producing ongoing streams of revenue calls for a large investment of both time and money, in addition to a solid comprehension of the requirements of the target market and its individual consumers.

In addition, the concept of residual income can encourage one to believe that revenue will continue to flow in without any extra labor or effort being put in, which is an incorrect assumption. However, even streams of residual income require continual maintenance and work to ensure that they continue to create money over time. This is the case even if the income generated is considered "passive." For instance, a royalty stream derived from a book or music requires continual marketing and promotion to ensure that it continues to sell and earn cash. This can be accomplished through various means.

The concept of residual income as a fairy tale also ignores the fact that outside variables can have an effect on the income streams' ability to be sustained over time. Changes in the market or industry, for instance, are able to have a major impact on the amount of revenue created by investments or businesses. Furthermore, unanticipated occurrences such as natural disasters or economic downturns can have an effect on the long-term viability of income streams.

In conclusion, the idea of residual income may sound appealing; nevertheless, it is essential to approach it with a realistic awareness of the amount of labor and effort required to attain and sustain it before attempting to pursue it. individuals may be led to feel that they can achieve financial independence without the necessary work and effort if they are told that residual income is a fairy tale. This can be problematic because it may lead individuals to believe that they can achieve financial independence without the necessary work and effort. A realistic grasp of the external elements that can effect income streams, as well as a long-term commitment to making prudent financial decisions, continuing maintenance and work, are all required for the creation of a sustainable residual income.

I Didn't Work Hard Enough?

 In addition to not working the business hard enough or not doing things correctly, IBOs are trained to blame themselves for not doing things correctly, even if they follow their upline's instructions to the letter. In fact, nothing could be further from the truth than this statement. All that is happening is that the uplines want to be freed of any accountability, so they tell their downlines that failure in Amway is their own (the downline's) fault. Of course, upline is ready to claim credit for any successes, which is understandable.

However, the reason that hard labour does not always translate into success is that an Amway IBO is essentially a commissioned salesperson. In commissioned sales, it is possible to work extremely hard for little or no compensation, and at other times, little effort can result in significant profits. However, because of Amway's tarnished reputation, Amway Independent Business Owners (IBOs) are handed a disadvantage that most cannot overcome. Getting new people to attend recruitment meetings is difficult enough without taking into consideration their ability to sponsor others. It's easy to see why uplines teach that you should buy from yourself and that selling is not necessary when you take all of this into consideration. It diverts attention away from the fact that selling at less than competitive prices is almost impossible (in general)

The labour involved is really straightforward. Sell products and recruit other independent business owners (IBOs) to your downline so that you may leverage your volume. There are many IBOs who work hard and attend all of the activities and follow all of the processes as specified by their upline, but only a small number of them receive incentives, and the majority of them quit when they discover that the system is broken. It is unfortunate that, in addition to losing money, IBOs are also encouraged to place responsibility on themselves for their own failure. Where is the upline when IBOs are busting their buttocks working tirelessly and receive no compensation for it? To make matters worse, uplines earn from the sale of training and motivation to their downlines, which further compounds the problem. Why aren't they being held to account?

Some Amway defenders have expressed a desire to sue Amway critics for a potential loss of sales, which I found amusing. However, the majority of detractors, like myself, are merely voicing our personal experiences and thoughts. Many of these statements are genuine and are still occurring today. What about the millions of former IBOs who, it is possible, may have lost billions of dollars as a result of misleading statements that led them to feel they would become wealthy by following upline advice? It's possible that former IBOs should band together and launch lawsuits against unscrupulous upline supervisors who led them astray.

However, with Amway, hard work does not equate to success, and I challenge anyone to prove me wrong in this regard.

"I Didn't Work Hard Enough" is a common phrase used by individuals who have failed to achieve success in their endeavors, including in the world of entrepreneurship and direct sales. In the case of Amway, this phrase is often used by IBOs who have not been able to achieve financial success despite putting in a considerable amount of effort and time.

While it is true that hard work and dedication are essential for achieving success, it is not always the only factor. In the case of Amway, there are several other factors that can affect an IBO's success, including the quality of products, the market demand for those products, the effectiveness of the business plan, and the overall support provided by the upline and the company.

It is also important to note that success in Amway or any other direct sales business is not solely based on individual effort. The upline and the company play a significant role in the success of an IBO. A supportive upline can provide guidance, training, and motivation to help an IBO achieve their goals, while a non-supportive upline can hinder an IBO's progress and ultimately lead to failure.

In many cases, when an IBO fails to achieve success, they may blame themselves for not working hard enough, but the reality is that there may have been other factors at play. It is important for IBOs to take a step back and assess their situation objectively to identify any areas where they may need to improve, but it is equally important for them to recognize that their success is not solely dependent on their individual efforts.

Furthermore, it is important for IBOs to understand that success in Amway or any other direct sales business is not a guarantee. While some individuals may achieve great success and financial freedom, others may not. It is crucial to have realistic expectations and to recognize that direct sales businesses involve risk and require a significant amount of effort and dedication.

In conclusion, while hard work and dedication are essential for success in Amway, it is important for IBOs to recognize that there may be other factors at play, and their success is not solely dependent on their individual efforts. It is crucial for IBOs to have realistic expectations and to receive adequate support and guidance from their upline and the company to increase their chances of success.

Don't Quit And You Will Succeed In Amway?

 When I was an IBO, one of the mantras I heard over and over was "Never Give Up." As an IBO, quitting felt like a sure way to meet your demise. I believe that the never quit mantra can be beneficial if it is understood to mean "never give up trying" or "never give up striving to develop yourself." Never quit is a phrase used in the Amway industry by uplines to refer to the practise of never ceasing to perform 100 PV and never ceasing to acquire new tools. Sometimes it is necessary to make a significant business decision such as quitting and doing something else.

It's amusing to me that so many IBOs consider the diamonds on stage to be mentors to them in their business. In fact, these diamonds are unfamiliar with the majority of their loyal downline IBOs. It is impossible for them to know their own personal circumstances or how far they have progressed in growing their firm, therefore making a broad "never quit" statement is at best dishonest. It appears that the never quit saying is a self-serving sentiment, especially considering that the upline diamond gains financially from an IBO's continued participation in the Amway and the tools programme, as well as the tools programme itself.

When you take a step back and consider it, your upline is a financial beneficiary of practically every area of the business, when you think about it. Whenever you make a 100 PV move, you receive a 3 percent bonus, however somewhere upline, about 28 - 30 percent of the bonus is split by your sponsor and farther uplines. Your voicemail account is a source of income for your upline. All of the money generated by your website revenues upline, standing orders, book of the month, and other activities goes directly into the pockets of your upline. In reality, it appears that independent business owners (IBOs) pay through their teeth for practically every piece of information they receive, regardless of whether or not they are successful in Amway.

If your upline actually possessed critical knowledge that would aid in the expansion of your firm, why would they wish to keep that information from your downline? Perhaps your superiors aren't actually interested in your success? Perhaps they are simply interested in your money? Is this the reason why the battle cry "never give up" is used? How many IBOs does your upline diamond take the time to get to know on a personal level? Does your upline diamond take the time to get to know as many IBOs as possible? Do they have any knowledge of your specific circumstances? Is it true that they are genuinely concerned about your success? They couldn't possibly stand on a stage and proclaim "never quit" if they truly cared.

Ironically, many a diamond did not heed their own words of wisdom in this case. In recent years, many a diamond has called it quits. This leads one to question why someone would give up after obtaining diamond status. It begs the question of why anyone would quit when you can "walk the beaches" and continue to earn a living while doing so. This chance might not be as good as you've been made to believe, after all.

Comments About Amway?

 When it comes to some Amway executives, one of the things that irritates me the most is their obvious revisionist history. It is impossible for them to accept any responsibility for anything, save for the little amounts of success that seep through their system. Realism is neglected, or leaders pretend that real problems and issues never existed, or they just rewrite history to suit their own objectives or political aims and agendas. Undoing this by teaching their downline to take personal accountability for their failures, even when downline diligently purchases and applies teaching via resources such as voicemail, standing orders, and functions. Where is the accountability of the upline for their downline?

One particularly egregious example was the outright fabrication that no one made money from tools. Leaders have already admitted that they make money from tools after being caught red handed, but no one seems to know exactly how much or how you actually qualify to receive compensation. And there was no retaliation for telling such blatantly false statements. In the tool compensation process, there is still an element of concealment involved.

When I was in my last LOS, WWDB, the leaders used to explain why so few IBO couples ever get divorced. Amway couples have a 2 percent divorce rate, which is significantly lower than the global average of around 50 percent divorce rate for married couples. WWDB, on the other hand, employs its own revisionist history. One such individual is Howie Danzik, who, according to the WWDB, started his firm while single and then married Theresa Tsuruda. Apparently, the Emerald function I attended, where Howie and his wife at the time, Susan, stated that they had developed the company together, was a dream come true for me. There are numerous such examples of this, but what strikes me is how the downlines appear to be completely unaware of these realities.

The refusal of an IBO to acknowledge that a prominent triple diamond in WWBD had residences foreclosed on or was embroiled in bankruptcy proceedings was another recent example, despite the fact that there are sufficient public papers demonstrating that this is not the case. It's completely mind-boggling. If Tiger Woods were a diamond and claimed that he had no extramarital affairs, I'm willing to bet that his downline would believe him too. Scary.

Simply put, I'm curious as to when Independent Business Owners (IBOs), who devote their time and resources to numerous systems, would ever hold these leaders accountable for their conduct. If you purchase a television and it does not function properly, you would request a refund. If certain standing orders and functions contain critical information, and if you use them and they do not function, you should request a refund as soon as possible. People should also ask the difficult questions of their superiors. If someone provides you with incorrect advise, they should be held accountable for their actions. Someone who claims that purchasing a home with a mortgage is foolish because of the interest you will pay is a hypocrite, and if you discover that they have "interest only loans," you should consider their advise to be suspect.

Keep these well-paid leaders from simply rewriting history in order to excuse their own faults and transgressions.

Amway WWDB Revised History?

 When it comes to some Amway executives, one of the things that irritates me the most is their obvious revisionist history. It is impossible for them to accept any responsibility for anything, save for the little amounts of success that seep through their system. Realism is neglected, or leaders pretend that real problems and issues never existed, or they just rewrite history to suit their own objectives or political aims and agendas. Undoing this by teaching their downline to take personal accountability for their failures, even when downline diligently purchases and applies teaching via resources such as voicemail, standing orders, and functions. Where is the accountability of the upline for their downline?

One particularly egregious example was the outright fabrication that no one made money from tools. Leaders have already admitted that they make money from tools after being caught red handed, but no one seems to know exactly how much or how you actually qualify to receive compensation. And there was no retaliation for telling such blatantly false statements. In the tool compensation process, there is still an element of concealment involved.

When I was in my last LOS, WWDB, the leaders used to explain why so few IBO couples ever get divorced. Amway couples have a 2 percent divorce rate, which is significantly lower than the global average of around 50 percent divorce rate for married couples. WWDB, on the other hand, employs its own revisionist history. One such individual is Howie Danzik, who, according to the WWDB, started his firm while single and then married Theresa Tsuruda. Apparently, the Emerald function I attended, where Howie and his wife at the time, Susan, stated that they had developed the company together, was a dream come true for me. There are numerous such examples of this, but what strikes me is how the downlines appear to be completely unaware of these realities.

The refusal of an IBO to acknowledge that a prominent triple diamond in WWBD had residences foreclosed on or was embroiled in bankruptcy proceedings was another recent example, despite the fact that there are sufficient public papers demonstrating that this is not the case. It's completely mind-boggling. If Tiger Woods were a diamond and claimed that he had no extramarital affairs, I'm willing to bet that his downline would believe him too. Scary.

Simply put, I'm curious as to when Independent Business Owners (IBOs), who devote their time and resources to numerous systems, would ever hold these leaders accountable for their conduct. If you purchase a television and it does not function properly, you would request a refund. If certain standing orders and functions contain critical information, and if you use them and they do not function, you should request a refund as soon as possible. People should also ask the difficult questions of their superiors. If someone provides you with incorrect advise, they should be held accountable for their actions. Someone who claims that purchasing a home with a mortgage is foolish because of the interest you will pay is a hypocrite, and if you discover that they have "interest only loans," you should consider their advise to be suspect.

Keep these well-paid leaders from simply rewriting history in order to excuse their own faults and transgressions.

Amway Or A J-O-B?

 There have been many meetings and functions where the diamonds have mentioned how your employment is causing you to be "just over broke" or that you are the "jackass of the boss." They attempted to denigrate jobs, as if doing one's job were some sort of horrible punishment for the general public. However, without their occupations, IBOs were unable to provide for their families, pay their bills, or make a fortune from the diamonds they worked so hard for. I remember watching films of individuals firing their alarm clocks or a limo showing up to someone's place of employment and whisking away someone who had recently achieved diamond status or reached some other pin level that I thought was cool.

If you are young, perhaps in your 20s or 30s, the prospect of working another 30 years may seem like a big endeavour, and a "shortcut" such as working 2-5 years sounds like a decent option, I can understand your perspective. It makes logical until you actually try to develop a firm and discover that the name reputation and products are tough to market, at which point it becomes absurd. You will reach a point where your investment in standing orders and functions will begin to accumulate. You begin to question whether you made the right decision in attempting to locate a shortcut to financial independence. You begin to question whether financial freedome is even possible in the Ama-world. What is the source of the diamonds' continued operation? When they "walk away," why don't they earn residual income for the rest of their lives while strolling along the beaches of the world?

You were fortunate in that you did not quit your job. While your current employment may not provide you with financial independence, it is probable that you are able to pay your bills and put food on the table for your family. That is more than most people can claim about their income from Amway, which is a significant difference. I used to be curious about how much money these diamonds were genuinely worth. A diamond lifestyle can leave them even more destitute and in debt than the individuals they recruit into Amway, despite the fact that they may earn a good income (if they are genuinely qualified). As a result of portraying a lifestyle that cannot be sustained on the kinds of earnings reported by Amway (i.e., an average diamond income of $147,000), I believe many diamonds are living month to month and worrying about their money. It was recently shown that although a triple diamond is in bankruptcy, they may not be able to maintain an expensive lifestyle, and certainly not without producing a considerable amount of money from selling functions and other tools to their downline members.

Instead of being excited about seeing a Mercedes Benz, ask your diamond how much money they make from Amway. Observe their responses and inquire as to why there aren't any diamonds taking advantage of the residual income for life and so leaving the Amway business? While working a job and putting money aside may not sound very appealing, it is a far preferable option than working a job and directing your earnings into things like standing orders, voicemail, and other activities that serve no use other than to make your bank account lighter. Financial security and long-term viability are only possible via hard effort and discipline. Many people who promote Amway mislead potential customers into believing that Amway is a quick way to get rich. It isn't, with the exception of the owners of Amway and a few old-school Diamonds who have power over the systems. The facts are in front of you; all you have to do is identify them.

Amway Diamonds Pay Cash For Everything?

 In my previous life as an IBO, I was always told that diamonds would pay cash for anything. that, after following the failsafe WWDB system, I too would be strolling on the beaches of every continent, with riches pouring into my bank account and not a worry in the world, one day We were informed that diamonds will pay cash for any and all purchases, including homes and other high-value things. A slideshow featuring mansions and sports vehicles, as well as golf club memberships and other expensive possessions, would be shown as proof by the diamonds. We were promised that everything would be paid for in cash. I have reason to suspect that WWDB is still teaching this, despite the fact that it is most likely a collection of lies.

First and foremost, it should be noted that the group had no way of knowing if something had been paid for or not. We simply assumed that because diamond paid such a large number of money, whatever the diamonds claimed to be genuine. The fact is that there have been incidents, some of which have occurred recently, that have revealed some of the apparent lies told by these jewels. There were two (2) diamonds whose house foreclosures were made public, as well as a notable triple diamond who was embroiled in bankruptcy litigation. Is it true that your home cannot be foreclosed on if it is paid for in cash? Even while nobody cares whether a diamond's home is mortgaged or paid for, when diamonds parade in front of a crowd gloating about their wealth and informing the audience that they too can achieve the same success by following the system and upline counsel, it's a little deceptive. Because so many people in the crowd desire what the diamonds are flaunting, many of them are nearly crying. However, it's possible that many of these gems don't even contain the items they are trying to sell.

According to Amway, a typical diamond might generate $150,000 in revenue, with an additional $150,000 in revenue from the sale of support materials on top of that. Taxes, company expenses such as transport to and from functions, and other expenses are taken into consideration, and the amount of money left over will almost definitely not be enough to acquire million-dollar mansions. Some of the higher-ranking officials may earn a little more, but buying mansions and other pleasures with cash is still a bit of a reach. I would venture to say that the majority of diamonds are in fact underwater on their mortgages and may even be making car payments. Although it is not illegal, it is immoral to misrepresent your income in order to acquire new downline members.

For IBOs and other newcomers, if your uplines brag about paying for homes and other items in cash, challenge them to provide evidence to back up their statements with documentation. I can show you photographs of multi-million dollar mansions and high-performance automobiles, but it does not imply that I paid cash for them. Although admitting to owning a mortgage or making monthly auto payments may not be as thrilling or appealing as paying for these things in cash, it is still an option.

One of the most widespread misunderstandings regarding the Amway business is the notion that Amway Diamonds pay cash for everything. Although it is true some Amway distributors, especially Diamonds, may have the financial ability to pay for a significant portion of their expenses in cash, this is not generally the norm in the business nor is it a necessary for success in the industry.

Amway distributors, much like those in any other type of business or personal financial position, have the option of paying for their expenses in a variety of methods, such as with cash, credit, or other forms of payment. It's possible that your personal preference, the resources you have access to, and your overall financial strategy will all play a role in determining which type of payment you go with.

In addition, the Amway company does not force or encourage its distributors to pay for everything with cash, nor does it expect this of them. In point of fact, a significant number of Amway distributors make their purchases with credit cards or other means of payment. This is due to the fact that these methods might provide additional benefits, such as rewards points or cash back.

It is also essential to keep in mind that reaching the Diamond level in the Amway business is not simply dependent on paying for expenses in cash. This is an extremely crucial point to keep in mind. In spite of the fact that having sound fiscal discipline and being responsible with one's money are critical components to obtaining success in one's business, they are only one piece of the puzzle.

Amway distributors must also display strong leadership abilities, excellent marketing tactics, and a commitment to the guiding principles of the Amway business in order to advance to the Diamond level of the company. This involves placing more importance on fostering relationships and contributing to the accomplishments of others than on merely amassing wealth for one's own benefit.

In conclusion, although Amway Diamonds may have the financial resources necessary to pay for their expenses in cash, it is not necessary for a company to be successful in order to achieve this goal. Getting to the Diamond level in Amway takes a mix of having strong leadership skills, being financially responsible, and being dedicated to the core values of the company.

Amway And The Tools System Conflict Of Interest?

 Over the course of my Amway and blogging experiences, I've arrived to a decision that I intend to stick to. And this, in my professional view, is a significant flaw in the Amway business potential as a whole. Rich Devos, the owner of Amway, acknowledged the problem in his "directly speaking" audio from 1983, but regrettably, little appears to have been done to address it, and the problem continues to exist today.

The Amway opportunity is one aspect of the problem; the other aspect is the tools and methods. Amway's business opportunity and tool systems have developed a mutually beneficial partnership over the course of many years. It's as if Amway is dependent on the system, and the system is dependent on Amway. What I'm getting at is that Amway provides the chance, and then the system takes use of the opportunity to market itself. Between now and then, the system leaders teach 100 PV, promote product loyalty, and handle the most, if not all, of the new IBO recruitment. A benefit to Amway is that the system teaches PV movement, whether through sales or self consumption. A benefit to system leaders is that they have a captive audience to sell their CDs, books, seminars, voicemail messages, website fees and other products.

When uplines advise their new IBOs that they "need" to attend a given function or that they "need" to use standing order in order to succeed, this is considered a conflict of interest. The upline is wise enough not to state that the system is "required," but they will undoubtedly create a de facto requirement by stating things such as "No one has ever succeeded without the system, but you can try to be the first," or "No one has ever succeeded without the system, but you can try to be the first." They may also state that the system is optional, but success is not. While it is possible for someone to claim that so and such diamond (insert name) is a multimillionaire and that he supports the system, you have the right to disregard his counsel if you believe you are in the know.

It is a larger problem because these upline leaders would claim that without these tools, you will not be able to prosper in your business. At the same time, the more products you purchase, the more money these uplines make. Some Amway apologists would argue that a college lecturer has the right to sell his or her own books to students, which is true. However, this is not the same as the previous situation. A college professor may spend years conducting research in order to produce that one book. He will be imparting his knowledge and skills, which is detailed in the book. There is no one expert directing you when you attend seminars or listen to audio CDs, and there is no clear record on how they achieved success. You have extremely general, generic experiences that have come from a variety of speakers who may or may not have any previous experience with IBOs in common. As a result, these upline leaders will profit from the IBO volume generated by their downline as well as from the tools that they recommend to their downline, regardless of the success or development of their downline in the business.

Consider the following as examples of these unethical behaviours by upline: If your upline actually has "important" knowledge that could assist you in your endeavours, they would make every effort to get that information to you as quickly as possible. Email, Facebook, Twitter, text message, MP3, YouTube, or any other method is acceptable. If they were truly interested in your success, why would they withhold trade secrets? Has it ever occurred to IBOs that their uplines may not be interested in their success? Perhaps this is the reason why you must pay for any advise or support you receive from a third party. Perhaps upline is perfectly content with people coming and going as long as there are tool purchases because there will be no new IBOs (platinums and up) to split the tool profits with if there are no tool sales.

When lucrative uplines advise you to purchase tools, there is an unmistakable conflict of interest at play. You have to decide whether you are going to notice or not.