Wednesday, May 15, 2013

You Amway Upline's Credentials?

I recently read a comment from an Amway zealot on another blog. She mentions that someone's credentials must be considered when looking at information that is presented. I will comment that showing me a sports car or a fancy suit is not proof of financial success. We now know that some Amway leaders have gone bankrupt, lost homes to foreclosure, and some of these high and mighty diamonds are living in dent, only showing the illusion of Amway wealth. No better than a cheap carnival magician.

I find this subject ironic because not one single upline leader, as far as I know, has ever supplied bonafide credentials about themselves. The audience assumes that the person on stage has certain credentials, but do they really? I will say that certainly, if someone is wearing a diamond pin for example, that this person has at least achieved the diamond level as recognized by Amway, but the level may not be current, and the level doesn't indicate the kind of income this person earns from Amway. (Joecool is criticized for being outdated even though I was at 4000 PV at one point in my Amway career)

What many people assume is that the diamonds buy homes and cars in cash, that they wake up at noon every day and participate in leisure activities all day while the cash rolls in. I have heard from some new IBOs, that their upline makes more money taking a crap in the morning than a critic makes in a whole year at a job. That IBO became quiet when some critics offered to take that bet.

But the truth of the matter is that as far as I know, only former diamonds have come clean about their Amway income. They are the only ones who spoke of credentials and accomplishments. Even critics of Amway will often openly speak about their experiences and achieved levels in the business. In the REAL business world, showing business tax returns and credentials are a normal part of doing business. It appears that only in the world of Amway is the supply of credentials and financial statements a big secret. Now I am not suggesting that IBOs or upline leaders should disclose their personal financials to the entire world, but certainly prospects and some downline should be able to see what their upline is doing financially (in Amway), especially if that is the basis for purchasing their standing orders and function tickets. And I refer to business (Amway and Tools) income and expenses only, not from other personal sources.

I believe that IBOs and upline leaders do not disclose that information because it would not be beneficial to them. We would see diamonds losing money, in debt, or having other financial issues. I'll bet most diamonds aren't paying for homes in cash. If diamonds were raking it in, they would likely publish it freely, just as they flash around copies of checks. IBOs and prospects should take this to heart and ask upline the tough questions.

2 comments:

Anonymous said...

I can never understand why a diamond income is so attractive. They earn about 150 k annually according to amway. Take away business expenses and taxes etc this leaves about 70 k and thats for 2 people. So this is not big income and its 7 days a week for ten years to get there. And more than likely you wont requalify ever. So from what i can see you need to be at crown to roll in money. And there you only have a handfull. All the rest talk good but show little. They dont have anything to show. As you said if they did it would be all over the place

Anonymous said...

In the latest mlm earnings list there are only 4 USA people from amway showing more than 1 million dollars annual earnings. And thats before expenses and taxes. So i dont believe there are many millionaires in this business