Tuesday, November 15, 2011

Looking Beyond The Amway Facade?

One of the things that Diamonds and some other leaders do to attract new IBOs is to put on a dog and pony show. They want prospects to think that you can consume Amway products and get others to follow your lead and in a few years, you will be set for life financially, speaking on stages and securing the future for generations to come. They might use props such as pictures of mansion. slideshows of cars, yets, yachts. It looks impressive but based on what I know now, who knows whether the diamonds actually own this stuff or if they are simply showing you a slideshow of "lifestyles of the rich and famous". The reality is very likely that many diamonds are actually living in debt or bonus check to bonus check. It is a fact that more than half of NBA basketball pros end up broke, and they earn more than diamonds. Why would a diamond be different than the average Joe, especially when they appear to live beyond their means.

In the few cases where diamond income was exposed, we can see that they were not making the kind of money they would have you believe. Triple diamond Greg Duncan was making about half a million a year from Amway. A nice income for sure, but not what people would think, and not enough to save Mr. Duncan from bankruptcy. David Shores lost a home to foreclosure. Another diamond, unnamed but documented in the book "Amway Motivational Organizations, Behind the Smoke and Mirrors", talks about a diamond who had a gross income of over 3 million dollars, and a net of about $320,000. This diamond was in debt, had back taxes owed to the government, and was working hard to portray the diamond lifestyle.

Some of these leaders also use religion or Christianity as a means to justify their involvement in the business. For those who know, the Bible is clear that the love of money can lead to destruction. When you have functions such as Dream Night, what does that say? I would also like to note that in cases where these diamond's financials were exposed, there were no significant contributions to charity. I wonder if these charlatans talk a good game but do not contribute time or money to worthy causes? Where are the ten thousand dollar checks they talk about donating to charity? These leaders often refer to themselves as mentors, but any help they provide to downline results in some kind of compensation for them. This is not a mentor, but more like a paid consultant who is not getting effective results.

Behind the nice suits and the glitz of the functions, I believe that IBOs and prospects would see a world they truly would not want to be a part of. A world where deceit is practically needed to succeed. Where you take advantage of people who trust in you. Where you pretend to be wealthy and free, but in reality a slave to the mighty dollar. Where you traded a 9-5 job for a job that works the graveyard shift. If you look objectively behind the facade, you might see what I see.

6 comments:

Anonymous said...

Greg Duncan makes a little more than half million a year. He only works when he wants to. He probably vacations 2 months out of every year. How is this bad?
Oh, I hope my life gets that terrible and soon. Great job Greg and Laurie.

Joecool said...

Are you sure greg can afford a vacation? Did he clear up his bankruptcy and pay back the million dollar loan to Ammway? Maybe greg is cleaning toilets part time to augment his income?

Anonymous said...

So besides bashing Amway (no I haven't been a part of Amway for over 15 years), what do you do to create income? I'd really like to know.

Rose said...

dwl! now that's funny...

Anonymous said...

You need to check the facts. Greg Duncan actually did go bankrupt and voluntarily filed chapter 11. He did actually owe back taxes. They may teach you to make money but not how to manage it.

Joecool said...

Actually, Greg initially filed chapter 11 but it went to chapter 7. He had credit card debt, was way behind on his taxes and he houses foreclosed. Odd, I recall Greg saying only stupid people takes out loans. I guess that makes Greg stupid.

Not to mention he could not manage his own finances. Why should anyone take financial advice from someone who can't manager their own finances?