Tuesday, August 13, 2013

Is Amway A Real Business?

Many IBOs are taught to "buy from themselves". Although in some of these groups, retailing may be mentioned, it certainly is not taught in a serious manner. I believe it is because people in general simply are not comfortable with selling products. Thus the concept of buy from yourself makes the masses comfortable. What they do not realize is that they are simply loyal Amway customers and not running a business. As I mentioned in a previous post, in what business do you not have customers? It is why IBOs must ask themselves, are they running a "real" business?

For many IBOs, the focus of their efforts is on recruiting others. But why would someone want to join a system where they basically sign up to be a loyal customer and be a recruiter for other loyal customers? The pyramid like compensation plan is what drives many IBOs. Find enough downline and eventually, your downline will absorb the financial losses for you and will become the srouce of your income. I believe that the 4000 PV or platinum level is about where you as an IBO can find teh break even point if you are dedicated to the "system" consisting of tapes, cds, books, voicemail and functions.

Secondarily, in addition to signing on as a loyal customer of Amway, if you join a system and participate in standing order and/or functions, then you have also become a loyal customer of the "system". Sadly, many upline will push IBOs to keep purchasing tools regardless of the IBO's progress in the business.

So I ask the question again for IBOs and potential recruits. As an IBO, are you running a real business? Can you get a business loan using the 6-4-2 plan? Have you tried showing it to a loan officer? Can you cite BWW or WWDB as educational credentials when applying for a job or will you be laughed out of the room? For these very reasons, I can only conclude that many, possibly most IBOs are not running a "real" business. They are simply doing what their upline advises. These uplines are more concerned about selling their tools than they are about their downline IBOs. It appears that downline IBOs are expendable. They quickly become bitter, broke, or not having expended enough effort if they do not "make it".

So are you running a real business?

2 comments:

Anonymous said...

Yes, Joecool, it is a real business if you treat it as such. It's hard work for a good 5-6 yrs rather than 40-47... and I know plenty of people making over $60K and that's only working at it on a part-time basis. Rather than criticize the business, why not get involved for yourself and you'll soon discover what we all know. Suggestion: don't listen to other people's ignorance if they aren't the ones bringing you the bacon.

Joecool said...

I was involved. I was at 4000 PV making no net profit. How can anyone succeed in a business where most "do nothing" and more than half quit within s year?