I recall many meetings and functions where the diamonds talked about how your job was making you "just over broke" or "jackass of the boss". They tried to put down jobs, as if working a job were some kind of cruel punishment for the masses. In reality, IBOs could not feed their families, pay their bills and they could not make the diamonds rich without their jobs. I remember seeing videos of people shooting their alarm clocks or a limosine pulling up to someone's place of employment and whisking off someone who recently went diamond or reaching some other pin level.
I suppose that for someone young, who may be in their 20's or 30's, the prospect of working another 30 years seems like a daunting task, thus a "shortcut" such as working 2-5 years sounds like a good alternative. It makes sense, until you actually start trying to build the business and find the name reputation and products difficult to sell. At some point, your investment into standing orders and functions starts to add up. You start to wonder if you made a mistake in trying to find a shortcut to financial freedom. You start to wonder if financial freedome even exists in the Ama-world. Why are the diamonds still working? Why don't any of them "walk away" and collect residual income for life while walking on the beaches of the world?
Luckily, you did not quit your job. While your current job may not equip you with financial freedom, you are likely able to pay your bills and put food on your dinner table. That is more than most people can say about the income they receive from Amway. I used to wonder how much money these diamonds actually make. While they may earn a nice income (if they are actually qualified), a diamond lifestyle can render them even more broke and in debt than the people they recruit into Amway. I believe many diamonds are living month to month, worrying about their finances because they portray a lifestyle that cannot be sustained on the kinds of incomes that Amway reports (i.e. $147,000 average diamond income). A recent triple diamond in bankrupt proceedings revealed that while they earn a nice income, they may not be able to sustain an excessive lifestyle, and certainly not without making a significant income from selling functions and other tools to downline.
Rather than getting excited about seeing a Mercedes Benz, ask your diamond how much they earn from Amway. Ask them why there aren't any diamonds taking advantage of residual income for life, thus walking away from the Amway business? While working a job and saving money may not sound that attractive, it is still a much better alternative than working a job while channeling your income into standing orders, voicemail and functions that do nothing except make your bank account lighter. Financial security and long term sustainablity takes hard work and discipline. Many who promote Amway trick prospects into thinking that Amway is a shortcut to get rich. It isn't, save for the owners of Amway and a few old time Diamonds who control the systems. The facts are there, you just need top recognize them.
23 comments:
How much residual income do you make JoeCool? Why aren't you retired and walking the beaches of the world? Oh, that's right you have a J-O-B!
Uh, yeah I have a job. It pays for my home and other living expenses and allows me to take several vacations during the year. What does your Amway business provide you with other than business losses?
Hey Joecool from Hawaii, I used to have a job with the bank until I got fired because I was an unsuitable match. Do you know how that feels to me? Do you know how it feels to have someone (the boos) tell me (his jackass) how much I'm worth and what I'm capable of? Maybe you don't care but I do since this experience really tells me just how cruel an emotional, spiritual, financial and materialistic punishment working a job is. You suppose that for someone young, who may be in their 20's or 30's, the prospect of working another 30 years seems like a daunting task. It doesn't seem like a daunting task, it actually is. Too much hard work for too little positive reward. I'm 29, broke and tired of it. So, be my guest in continuing your journey with the broke masses who don't embrace change. I embraced it and I'm not looking back. Bye!
Anonymous from Canada, you got fired from a job at the bank? Maybe if you focused on your job instead of Amway you would have been more successful? Why does your boss tell you what you are worth? Most people apply for a job and agree to the terms and the salary. If your skills exceed the salary, you can always find a better higher paying job. If you are 29 years old and broke, how will joining Amway make your life any better. You will more then likely end up more broke because of the Amway training costs.
Were you there to know the reasons why I got fired and see how it unfolded? "No", is that what I just heard? You got it wrong on all counts. I didn't devote any time to Amway while on that job but now that I'm fired, I got plenty of time to devote to which actually is a blessing. So why would I find a "better", "higher paying" job (higher pay means higher taxes, so less net income)? Only to have more of my time taken away by someone else who tells me what I'm worth and what to do 9 to 5 or whatever other crazy shift? Only to have more stress and downgrading of my health? Man, you're so average, stop wasting other people's time and goals with your pathetic beliefs and truths. By the way, when are you going to be financially, personally and JOB free?
If I'm not mistaken, you used to make that statement in 2009, 2008, the year before and so on. Pension? What a joke! A couple hundred of dollars per month after working like a DOG for 40 years? No, thank you! Retirement? Too general! Investments? What do you get after being at the mercy of the markets? Oh no, you don't! If you were to show me how you teamed up with Warren Buffett and the like who know the investment game inside out, I would consider listening to you. Until then, keep journeying with the broke masses!
So how does Amway help you when you are losing money every month? I will be retiring in ten years. I have been investing into a misture of stocks and bonds since I was 21 years old. I also have a secured pension from a previous employer and my home will be paid off.
You contribute nothing with your useless and helpless defense of a business opportunity that has ruined far more people's finances than it has helped.
You work like a dog and you end up with a net loss. Financial acumen at its best.
I'm sorry for you man, keep on doing your own thing to yourself. Oh, do you remember when I asked you when you'll be financially free? You told me 2010 but you just changed your mind yet again. It's 2020 now!!! That's because your J.O.B tells you to retire in 2020, otherwise you couldn't pay your bills. That's because your investments suck so bad, otherwise you would be retired by now after having invested since you were 21! So freaking hilarious! So I thought that you were free, what happened dude? You're such a bitter Y chromosome in Hawaiian paradise, you look out of place! You know what, I'm taking the narrow path. That's why it's called Diamond Club. ROGER OUT.
Liar, I never gave anyone a date of 2010 as my retirement date. My job is better than yours, at least I can pay my bills and I own a home in Hawaii. How's those unemployment checks working for you? LOL
And how much have you made in Amway? Minus $300 a month? Makes me wonder why Amway people call others "losers".
By the way anonymous, if you were so incompetent that you got fired from an entry level bank job, what makes you think you can build an Amway business?
anonymous... Newsflash: Any money you make is taxable, and wouldn't being a diamond bump you up to a higher tax bracket anyways? Or at least that's what they claim... Perhaps you plan to retire in prison? That's what happens when you don't pay taxes. If that's the case, you can retire anytime after 18! Living the dream I see!
Ashely, I can see that you're an employee. As an employee, your money is taxable upfront, as a business owner, whatever money is left at the end of the month is taxable. So if I'm left with zero, I pay zero tax! Got to love that! Living the dream before 65, yeah! Got to love that too, eh? I see that Joecool is quite bitter so why don't you keep him company or even ask him for his hand, that would be such an honor for you two guys!
LOL, anonymous from Canada was incompetent and got fired from his job at the bank, and then his Amway business makes zero so he pays no taxes. I guess that's the pinnacle of success eh?
With this last comment, I pronounce you two, husband and wife! You may now interkiss! ROGER OUT.
LOL, kiss my ass instead. LOL
I really hope your upline hasn't been feeding you that garbage. But, I'm certain they have. Perhaps I should stop being a pesky employee! Maybe I will just get fired like other Amway "business" owners, aka glorified salesmen I know have. It's Ibo's like you that make me stay far, far away from the "biz." I love how you call Joecool bitter when you hate on the job you were fired from. Classic! Man you "IBO's" fight really hard to sell something so poorly. I'm just thankful that at the end of the day, it's you getting scammed and not me. goooodnight!
Joe, I disagree with you that the anonymous Canadian idiot got fired from his bank job due to being incompetent.
I spent many years working at the head office at a bank. There are many incompetent employees, perhaps 60% of all staff. You don't get fired for being incompetent. Banks keep incompetent employees around as long as they don't cause too much trouble because its even more trouble to hire and train a new employee.
As long as you don't have your fingers in the till it is very hard to get fired from a bank. One of my coworkers had an addiction to feed. Probably removed more money than a diamond makes in a year to fund the addiction. Anonymous idiot has an Amway addiction to fund. I'd say chances are more likely he was fired for embezzlement than incompetency. Banks also fire you for other policy breaches and staff sign an agreement acknowledging this. One staff policy I recall says if you own a side business you can't be doing your own business on company time. Followers of the WWDB Amway cult are constantly on the phone and texting. If he wasn't embezzling to fund his Amway addiction then he was spending too much company time on the phone with his cult leaders.
Its my guess the anonymous idiot was competent enough at his job when he wasn't too busy following his upline teachings to sneer at people with jobs and so he walked around with the "emotional, spiritual, financial and materialistic punishment working a job" attitude while dealing with his text messages and pissing off his coworkers to the point he was fired.
Very interesting. Only the 2nd person I've known of to get fired from a bank job. The first was the above mentioned embezzler.
Joecool, I see your point in sharing your experience as an IBO. I also understand that you had a bitter experience with your LOS. Just because you had a bitter experience, do you think everybody who builds this business would be dishonest, phony and a jerk. Probably NOT. Right??
Cautioning somebody through your experience is OK. But giving them a feeling where they CANNOT build this Business and it is not worth building might misrepresent. Yes there might be few bad and rotten apples..and we have to watch out for them. No doubt about it..Have you taken time to see if there are building it the honest and decent way! Probably you SHOULD. I have known people who have built it the right way. They have never forced TOOLs on any person. They are who they are in and out! No facade:) In fact my upline mentioned don't use your job income to build your amwayglobal business.
then what other income is there to build it? why even build it at all when there are much more lucrative opportunities?
*crickets*
no offense, but you actually did give 2010 as your retirement date (or retirement year, I should say). in your comment above, dated June 23, 2010 at 10:12 AM, you wrote "I'll be financially free in 2010." of course, that was obviously a typo, made clear by the subsequent comments you posted on the topic, and Mr Unfit To Work At A Bank Ambot is obviously an idiot for not catching on to that fact. that being said, your comment containing said typo should probably be corrected/amended.
this is not meant to be a criticism. I am just trying to help you make sure your blog is as accurate (and typo-free) as possible. I actually agree with everything you say about Amway. literally EVERYTHING.
this comment need not be approved for public posting. in fact, it's meant to be/remain private.
again, just trying to help. :-)
You are better off playing blackjack in Vegas than you are in doing any MLM business.
Literally 99% of all networkers fail to make any money at all. I made more from my
grade school paper route than almost any MLMer makes from her "independent business."
That is not just my opinion- check out the FTC view of MLM.
You'd do even better if you went into a casino and just played red or black, or odd or even, at the roulette wheel. You have a fifty percent chance of winning, which is sure a lot better than working at Amway, with its 99% failure rate.
Actually I believe Amway's failure rate exceeds 99%.
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