Wednesday, November 14, 2012

Amway Financial Freedom Or A Myth?

Financial Freedom! That was one of the major battle cries when I was recruited for the Amway business. You gain control of time and money by creating residual or passive income. That is true financial freedom. You wake up at noon, no job, and just do whatever you please, whenever you please. I remember the speaker saying that broke/unemployed people also had freedom, but it was different because they were broke and could not afford to go golfing or do other activities that required money on a regular basis.

I am assuming that this is still the case for many IBOs. Of course, upline leaders may toss in a disclaimer that you don't get rich quick as an IBO, but the pitch apparently still contains the financial freedom and residual income theme, based on my experiences with IBOs. IBOs still think they will be rich. Also, 2-5 years sounds like "get rich quick" to me.

But hey, financial freedom would be a great thing, don't get me wrong. Who wouldn't want to be 35 years old with enough cash to never have to work again? I mean I could spend some time imagining how fun that would be. It would also be fun to imagine what you would do with all the cash if you hit the powerball lottery as well. But for the starry eyed IBOs, I simply have a few questions for you to ponder. A few realistic questions that you should be asking yourself. The answers to these questions will tell you a lot.

1. Who in your group or upline truly has achieved financial freedom? Have you seen their financials or simply a display of wealth such as mansions and fancy cars? Mansions and fancy cars could just be a massive pile of debt. Not too long ago, there apparently were diamonds who had their homes foreclosed, and a triple diamond who was in bankruptcy proceedings. Find out if anyone in your group/upline has actually achieved the success that they are using to recruit you. Also, if they are financially free, why do they work at function after function? Traveling and speaking might not be a traditional job, but it is still work, nonetheless.

2. Even if you find someone who is retired and golfing everyday because of Amway residual income, ask yourself what the likelihood is that you will be able to achieve the same results. If diamonds are still working, what chance do you have of success if you are new or experienced in Amway, and have few or no downline. More than likely, your chance of winning the lottery will be greater than your chance of achieving a significant residual income from your Amway business. Also, I don't know of any Amway retirees who built their business once and walked away with any significant residual income from Amway. Do you?

3 comments:

amwayscam said...

2-5 years is for becoming a platinum is indeed a best thing to happen for an IBO in Amway, forget the financial freedom. I truly believe that, there is nothing called financial freedom. I still remember what Robert Kiyosaki did recently and also the great cyclist was stripped off the medals and awards. As long as IBOs remain foolish to dream for their up lines they keep digging their hole deeper.

Anonymous said...

amway sucks.

Anonymous said...

I dont think you can walk away from the buisiness. That makes no sense. Success come from motivating your group so it keeps spnsoring new people to replace those who quit. Hence if you walk away it all starts to crumble. Seems the big pins have very strong motivational skills which allows them to continuouly increase the group. I suppose if you get to 500 people in your group all paying 20 bucks monthly for tools you are looking at some serious earnings.For these high quality motivational/leaders thats not a lot of people. For the ordinary guy who probably has little people skills its an impossible task.