Thursday, November 1, 2012

Getting Out Of Or Getting Deeper Into Debt?

One of the things that many uplines will talk about with their downline is debt. Many IBOs and prospects join Amway, hoping that Amway will help them eliminate debt, by providing some extra income. What many IBOs find out though, is that they end up more deeply in debt, not because of Amway necessarily, but often because of the pressure to purchase tools and function tickets. While getting out of debt is a good idea, the same upline may advise that person to go deeper in hock to participate in Amway.

Eliminating debt on the surface, is a good thing. However, I believe that many uplines only want IBOs to eliminate debt so they can free up discretionary monies that can be channeled into tool purchases, which uplines profit from. So while the advice seems sound, it still ends up as a self serving piece of advice. If you are an IBO or a prospect, is your upline advising you to eliminate debt and then turning around and telling you to attend "all" functions?

As a WWDB IBO, I heard the mantra about getting rid of debt. It sounded good to me, but I was floored when the same upline told us it was okay to go deeper in hock if it was to further our business, or in other words, to buy more standing orders or to attend functions. I could not understand why it was okay to create more debt, but only to "invest" in your business. If debt is bad, then functions and other tools should be cut as well, until the IBO can reasonably afford to participate in the system. IBOs, in my opinion. should be using profits from the business in order to purchase tools. If there is no net profit, then that IBO needs to decide whether or not the tools are worthy of an investment. Even if an IBO has some profits, the IBOs should determine whether to bank the profit or to channel them towards tool purchases.

Too many IBOs trust their upline and make initial and ongoing purchases of tools, and then continue to do so without seeing tangible results. I believe this is why IBOs are taught to trust and have faith. Or that success is right around the corner. It keeps an IBO going, even in the absence of results. Hopefully a post like this can bring awareness to IBOs and potential IBOs. Good luck to those who disregard this information.


  1. No matter how you look at it, this business does not justify incurring debt to build it. The likelyhood of success is so small , it does not stand up to any form of risk test. The types of people capable of building the business dont need any tools to do so. They just have what it takes and could build any type of business that relies on motivating people to do something.

  2. did u fail and beacause of your failure of im preety sure not educating yourself and just your focus of saying "i want money and im a do it my way" without education and without trying to help your self become a beter person in life that is what seezed ur head dat you wouldnt work the buissnes beacuse you didnt wanna change and help others instead of caring about yourself!

    1. oh look, it's another ambot pretending to be an intelligent human being. FAIL!

    2. Dear anonymus, how much profit have you made for yourself after all the related expenses? I understand from your comments that, you are really an educated IBO and you followed the right way of doing Amway. You should be soon walking on the beaches of the world with money pouring to your bank account month after month for three generations right?