Friday, December 3, 2010

The "System" Doesn't Work

Based on my experience in Amway, my blogging experience, and observation of other people who give financial advice such as real estate gurus who teach you to buy property with no money down, or others such as Robert Kiyosaki for that matter, all show testimonials of sucessful people. Obviously they do not show you the vast majority of people who try their systems and fail. I don't believe any of these systems have a bonafide unbiased record of success. It is why they all have disclaimers about success being rare or unique.

It is my informed opinion that whether it is Amway, WWDB, BWW, N21, real estate or the cashflow business, the vast majority of people who try these systems do not make any kind of significant income. Sure, some do, and those are shown as the possibilities. But if you watch infomercials, you will see in small print on the bottom of the screen, "unique experience", your results may vary. Your resurts are likely to be a loss. But they never tell you what's likely, only what's possible. I believe that a similar message used to be at the end of Amway diamond recordings as well.

These systems in general do not work for various reasons. Many people simply do not have the acumen to work the system. Or the system has too many variables for the system to work, or the system calls for things beyond your control. For example, success in Amway generally requires you to sponsor others, something that is beyond the control of most people. Add in the lazy and people who are hoping for a quick score and it is understandable that most will fail. But these systems are often set up where the majority simply cannot all succeed. Nowhere is that more true than the Amway business where the pyramidal compensation plan nearly guarantees failure for the lower level IBOs.

So what can someone do? Well, it may not be as sexy or attractive but a part time job and investing and saving might be something to think about. Even a part time business where you focus on selling products for a profit might work. It just seems prudent to avoid these "systems" as the primary beneficiary of these "systems" are the ones who directly profit from them. The IBOs simply supply the money for the tool sellers.

18 comments:

Anonymous said...

Joe, great post. Just because some people end up "making it" is not proof that the system works. They are the exception and failure is the rule. Just as some people actually survive falling from deadly heights but it's the exception and the rest of the people go splat.

Anonymous said...

The system works but too many people are too stupid and too lazy to make it work.

Joecool said...

How smart does someone need to be? Just duplicate your upline and do as they advise. Maybe the system just doesn't work? It isn't working for you unless you consider a loss as success?

Anonymous said...

correction, anon: it works for a few, but not for most. in other words, too many people are too smart to let their money go down the drain for a quick buck that they have a better chance of seeing working at mcdonald's or walmart. =)

Anonymous said...

Where's the anon from Canada? Standing behind Walmart crying?

Anonymous said...

No, I'm staying behind my computer screen laughing! Idiotule!

Signed,

Anon from Canada

Anonymous said...

Anon from Canada ia probably sitting behind his computer with his pants down masturbating to all of this.

Joecool said...

The anon from Canada obviously has nothing of substance and cannot debate the point about the business so he can only rely on making idle threats, false claims about my identity and other rubbish. He should go somewhere else if he doesn't like what he reads here.

Anonymous said...

or be stepped on and crushed like any other pest!

Anonymous said...

Ask Anon from Canada if he lives near Scarborough village or if he drives on Guildwood Parkway?

Did he make enough money in Amway to enjoy the facilities at Scarborough Golf and Country Club?

Anonymous said...

Where is the anon from Canada? He sure liked shooting off his mouth but now he's gone into hiding.

Anonymous said...

I'm gone into better places, too bad you can't be with me, estranged lover. (SARCASM)

Signed,

Anon from Canada

Joecool said...

I guess anonymous from Scarborough Canada is now a quitter and a bitter failure. LOL

Anna Banana said...

Ha ha - then what was he before?

Anonymous said...

This is all ridiculous. You are a fool if you ever thought that Amway and the business was ever trying to get you to automatically think by joining you would become rich. If that was the case everyone would do it. Amway is just like anything else, you must work to do well. And just because the system chooses to show yachts, and wealthy lifestyles doesn't mean that everyone who is in the business does it to become a millionaire. They do that to spark your imagination and interest people to join. And it obviously works! I really hope you all haven't chosen to write on here to bash the system because you were unsuccessful in becoming a millionaire. And good luck in your search for a business that you don't have to put forth effort to make money.

Joecool said...

Nobody thinks you join and automatically get rich. Many many people work very hard and end up losing money. It is why Amway is not a good idea.

Anonymous said...

geez, anon, HOW MANY TIMES DO WE HAVE TO SAY IT??!!!

Anonymous said...

by the way, anon, you're right: this is all ridiculous. so quit reading joe's blog and take a hike!