Monday, April 30, 2012

Amway IBOs Need A Business Mentality?

One of the catch phrases that IBOs spout quite often is that you need a "business mentality". Those of us who have an "employee mentality" simply cannot cut the mustard in Amway. I find this ironic since the vast majority of Amway IBOs have a job. A job that they NEED in order to pay for their Amway business. A job that pays for their voicemail, cds, functions and books, in addition to the cost of the Amway products. A job that feeds their family and pays their bills.

Apparently, a business mentality is one that doesn't expect quick profits, despite upline's claim that the Amway business has low risk and low overhead. That is also despite claims that you can profit right away unlike a traditional business. A business mentality is also one where you reinvest any or all profits back into buying support materials. A business owner doesn't expect to make a profit for 5 years. Many of these claims are taught by unethical uplines and unfortunately, many IBOs accept the teaching and buy into it.

Now it is true that a business owner might have to think and view things differently than an employee. For example, an employee might do a great job from 9-5 but after 5, that employee may be headed home to care for his or her family, or to participate in some exercise or recreation. The business owner might be inclined to stay after hours to finish a job because he or she may have invested much, and will want to make sure that the business succeeds. An employee might not have that same vested interest.

It is my suspicion that uplines want their downline IBOs to adopt a business owner mentality, not because they want downline to succeed, but because it instills a dedication to the tools purchases and it also takes an IBO's focus off profits for a few years. Thus IBOs think they are successful (without profit) if they are listening to standing order, attending all the functions and showing the plan. It is a gimmick used to retain IBOs who are not profitable. If IBOs were actually making money, there would be little need to continue to motivate them with an endless supply of cds and functions. But because most IBOs lose money or make little, the average IBO must be taught that a "business owner" commonly loses money for a number of years, or that they must continue to reinvest their profits in order to succeed.

In posting this, I say to IBOs, just make a profit. That is all the motivation you need. Keep track of your bottom line and look at the return on your investment of time and money. That is the action of a real business owner.

8 comments:

Anonymous said...

You have a loser mentality. That's why you blog instead of building the Amway business. You could have been a diamond by now.

Joecool said...

I have a loser mentality? Sharing my experiences for the benefit of others is "loser" thinking? Really?

saully said...

Amway isn't a real business. As said before on this blog, there is a difference between a business and selling amway crap. You will never be a diamond or anything close loser, go sell your overpriced unwanted crap and see how far you get. By the way Joecool, keep up the good work! Maybe you can help undo some of the scamway brainwashing!

Anonymous said...

and to think i just pronounced you DEAD a few days ago...

**proud Amway hater**

David said...

Let's see your income tax returns from the past five years, particularly your Schedule C. Let's see the income tax returns and Schedule Cs of any member of your online, all the way up. Bring it on anon at 01:44 PM! Bring it on! Convince me you or anyone in your organization is showing a profit!

Vik said...

i went to a meeting and they said that the chance of winning a lottery is similar to the chances of being hit by lightning when you are walking. Isn't the same true for the chance of being a diamond?

Anonymous said...

The business should be run on good pricipless. Dont spend more than you earn. Sell some products ans sponsor some people and coach them honestly. Above all dont spend money on tools except maybe a book and tape to start with. As a question does anyone know what is the average number of people recruited each month.

Anonymous said...

boss i like your article its perfectly true. Diamond what bull shit selling products at elevated prices is bull shit diamond.