Tuesday, July 17, 2012

A Job Versus Amway?

One of the ways that upline diamonds would put down jobs was to toss in the phrase that a job was simply trading hours for dollars. As if it were demeaning to have a job where you got paid for your time. I believe it's all relative. Being that many IBos are young and maybe working in more entry level types of jobs, then yeah, your hours wage might not be that great. If you earn say $10 an hour, then you might be struggling financially and it may take time before your skills and knowledge increase to a point where your experience is worth more money. What if you had a job paying $1000 an hour and earned $160,000 a month? Is that a lousy deal trading hours for dollars? I think not!

Conversely, having a business can be good or bad also. If you have an Amway business earnning less than $100 a month and you spend $200 on functions, standing orders and other training and motivational materials, then you are losing money. You would be better off working for free. That is still a better alternative than working a business where you are losing money. I think most people agree that a platinum group typically has a 100 or more IBOs. Thus a platinum is in the top 1% of all IBOs. I have heard that the platinum level is where you start to break even or make a little profit, depending on your level of tool consumption. If platinums are barely making a profit, then the other 99+% of IBOs are likely losing money. How much is that worth per hour?

I think uplines cleverly trick IBOs into thinking that a job is bad. Trading hours for dollars, afterall, sounds like some kind of indentured servant of sorts. But in the ned, what matters is your bottom line. If you are an IBO with little or no downline, and/or not much in terms of sales to non IBOs/customers, then you are losing money each and every month if you are attending functions and buying standing orders. Your 10-12 hours a week of Amway work is costing you money! But if you spend 10-12 hours a week, even at minimum wage, then you might be making about 300 to 350 a month groww income. After taxes, you make about 250 to 300. At least trading hours for dollars gets you a guaranteed net gain at the end of the month.

Uplines trick you into a "business mentality" where you think that working for a net loss is just a part of business. IBOs should realize that a business promoted as low risk and no overhead should be one where you can profir right away. Instead, IBos are taught to delay gratification, or to reinvest any profit back into their business in the form of tools and functions, which results in a net loss. If that's the case I would choose trading hours for dollars.

Remember, trading hours for dollars is not a bad deal if you are making enough dollars per hour. And even those who make less, are better off that those who "run a business" but end up with a net loss. It's all relative and hopefully, this message will help new or prospective IBOs who are being enticed to join the Amway business opportunity. Good luck to those with jobs and those with businesses. You can be successful either way. Remember that!


Anonymous said...

One of the cockeyed arguments a brainwashed Ambot will make when trying to compare being an IBO and a real business owner is "In any business, the owner has to spend money is start up costs in the beginning before making a profit".

But what are each of them getting? In a real business, part of the start up costs are leasing a building, buying furniture, having a sign built, getting computers and/or registers, etc. And what does an Ambot IBO get for his/her hundreds, if not thousands, spent? Motivational CD's, books and meetings. How does that build the business? Answer... it doesn't. The only purpose is to keep the Ambot brainwashed and "motivated" to keep on sinking money into a money-losing entity.


Anonymous said...

Sorry Joe, numbers do not work here! I am not a mathematician or a statistician, but good at finance. Problem here is they 'selectively' use three types of influencing mechanics - audio, visual and association, even though it is termed as '...... business' (do not use the word Amway). Especially with good training to make first impression well enough, and trained to trap strangers, the question of accounting does not arise. So with this background, and chanting 'freedom' there is no question of job and the business comparison. I had attended a seminar where one of the emerald was giving a lecture on job vs amway vs conventional business. Everything looked OK based on an 'assumption that 100% success rate within the system'. But in reality, just by being in the system does not guarantee any success or for that matter it does not even improve your chances after 6%! I come from a very humble background, and as long as you are not counting small expenses (I don't know if $200-$500 is small at all!) you are bound to fail in finance irrespective of your earning level. I do not think it is difficult to buy a good car, but it is your strength to put petrol without affecting anything else. This where Amway operates, people do not understand that, spending $10-$25 must be counted, and when they realise there is no other savings left and all they accumulated is CDs and books, they get horrified. Last but not the least, I really feel, if you 'do Amway' for more than two years with all the system recommended efforst there is atleast 50% chance that, your other skills would have gone down and you cannot clear the interviews for a job!

Anonymous said...

Nicely written post.

In my experience with people involved in multi level marketing I have heard some pretty far out things, some things that even border on being offensive.

On the topic of jobs and how they are viewed and spoken down about by those in Amway, and other MLMs, I have heard some pretty ridiculous rhetoric. It usually starts off innocent enough with focus on how much more money you could potentially make following Amway or whomever. However more often than not when the potential 'mark' shows any reluctance or even simple hesitation about what is being said, even stating something as simple as that they enjoy their job, the argument to persuade them takes a more offensive turn. Things such as only winners join - insert MLM, or only those who truly "believe" in: themselves, god, the "business," etc. are the "right" people to join. I have also heard more personally offensive, and downright ignorant speech in regards to the idea of someone who might actually enjoy their job, their coworkers, or their profession itself. Comments such as "If you truly loved your family you would want to spend every second of your life with them instead of at some job no matter what it is." This kind of low grade mentality turns me off right away, to the "business" being proposed as well as the person trying to sell it to me.

Take care.

Shaz said...

It is true that less than 1% make it in this business. It is also true that only 30% of the people in the business buy the CDs and tapes. It is also true that less than 5% of those that purchase the CDs and tapes apply the information learned. That is why less than 1% make it work.

John Sestina has been named "America's top financial planner" every year since 1996. When his doctor introduced him to the business, he said it was a scam and it would not work. His doctor challenged him to prove the system wrong, so he became an IBO. Unfortunately, he could not prove it wrong because he became a Diamond and still remains as one today.

Anonymous said...

of course. profiting off others will get you far. or, should i say, only SO far. :)