Friday, February 25, 2011

Amway Business Owner Or Amway Customer - Which Are You?

IBO = Independent Business Owner. Most Amway folks consider themselves IBOs, or independent business owners. To some, owning a business sounds cool. It sounds like you are achieving something and it may even seem that there is status involved in being a business owner. It is one of the reasons that may compel someone into signing up for the Amway opportunity. It was a small factor in gaining my interest some years aho when I was pitched the "plan".

Based on what I see and hear from Amway related blogs and forums, most people involved in the Amway opoprtunity are not business owners. They are simply customers. They are customers of Amway and they are customers of the system, consisting of voicemail, cds, books, and seminars. Does this sound confusing? Think about it. Many groups teach "buy from yourself" and get others to do the same. If you belong to one of these groups, you are being taught to be an Amway and system customer, nothing more and nothing less. Both Amway and the system profit from your loyal purchases and they fool you into thinking you are getting a good deal by giving you a tiny rebate each month. Only if you are able to lure enough gullible people into your downline will you finally be able to leverage their purchases to make a small profit. If you can get a large following, then you might make some nice coin, but it will come at the expense of the people who trusted you enough to sign up and follow you.

If you stop for a minute and truly think about a business, what business can thrive without customers? I cannot think of any businesses where there are little or no customers. Why would the Amway opportunity be any different? If you are your only, or your own best customer, then maybe you are not even a business owner, but simply a customer of Amway and a customer of the system. Think about this for a moment.

Without any sales to customers, or to people who are not Amway IBOs, any profit simply comes out of the pockets of the people in the Amway system. When you receive a rebate, you are simply getting some of your own money back. You have not generated any real profit. The only way to generate real profits is to sell to outside customers. This brings money into the system or Amway economy if you will. If not, an IBO is just a glorified customer bringing profits to Amway and the tools systems.

So are you a business owner or a customer?

17 comments:

Anonymous said...

oh i'm a customer--just not with the cult that is amway.

prashant ABO said...

as Amway says first be a consumer then u will be an owner .what ever content u write is only a partial knowledge of the system, Amway returns about 40 to 65% of its profit to consumer,,,i don't think any company in India can give this kind of rebate ...

in this content u consider about 20% of discount which is given to ABO directly,but see if any ABO who is on silver or diamond can take 40 to 60% of profit.
This is all the magic of Multilevel networking...

Anonymous said...

^ meh...not buying it. :)

yana92 said...

A fraud

Anonymous said...

+1

Anonymous said...

well said! Amway is all a load of lies. Man I've seen the website, nothings cheap about it at all. If anything Its more expensive that your local supermarket, nor do they have anywhere as near as many products.


They label Amway as to be a "simpler way of doing things" but there's so many strings attached, what could be more easier than going down to your local stores, and just doing your shopping there, without the chance of failing "your own business"

The Amway business payed a settlement fee of 150 million due to allegations of them being a fraud, and pyramid scheme, which was reported the largest settlement in Multi level marketing. Amway argued for 3 years that the victims have no right to sue them.
Don't you think its kinda funny how Amway fought for 3 years fighting that they don't have the right to sue, but not the fact that the allegation that were made were incorrect? Only then Did Amway pay off their victims, once they had established that they actually had every right to sue the dodgy company.

And still to this day, people talk Amway up. why?
Isn't that just saying something there?

Anonymous said...

I hate amway

Anonymous said...

Amway took my money. I lost my house due to Amway.

Anonymous said...

Amway needs to be burnt to the floor, don't want Amway knocking at my door.
They take your money the take you life, they even brain washed my wife.
I can not stress Amway real bad, I can't even begin to tell you it makes me sad.
for I have told my now ex wife for years, I don't you to do it, it brought me to tears, only to find she was so happy to be, In the bed next to the amway manger instead of me.
Ill never quite know how this happened to be, Look what happened to me, I wanted to post this, for you all to see.
I dont know how say it any other way, hopefully they'll come to relisation one day.

Anonymous said...

Really? Will you write a poem to your fridge if it breaks down? I can even imagine how you will call your poem - "The sorrow for the lost peanut butter"

Anonymous said...

peanut butter doesn't go in the fridge, dumbass.

**proud Amway hater**

dmedia.us said...

As with anything, it works for people whom believe in it.

Joecool said...

Actually, that's not true. If you attend a big function, there might be thousands who believe it and want it so bad that they are crying. But the reality of Amway and MM is that one a fraction of 1% will ever make anything of the opportunity.

Adam Coulthard said...

Haha. I know heaps of people who have a full 2nd income from amway. Not rocket science. I started making good money pretty quick and it's growing every month. This is hillarious. Have fun working till you're 70 haha.

Joecool said...

Hi Adam, you're lying but have a nice day.

Think like an owner said...

Maybe you can work for me some day, Joefool. Oops. I mean Joecool. Sorry. Typo.

Joecool said...

Well, I can't because you're broke and can't afford my services. :)