Thursday, October 16, 2014

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 hourly 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 end, 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 gross 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, whereas Amway is getting you a net loss.

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 profit 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...

I was a waiter in a fine dining restaurant/hotel for 15 yrs. My salary was min wage but tips 350.00 a day(reported little for tax) My upline diamond had this weird look to him when I told him. Probably made better income than he did with less stress. The Amway leaders even put down successful businessman. Saying they don't have time and freedom like us diamonds.

Joecool said...

Thanks for the comment. Amway diamonds talk about freedom but I believe they work their asses off keeping their groups in business. Other than a few slideshows of golf or or vacations, I believe the diamonds work full time evenings and weekends recruiting new IBOs because the rest of the world works monday to friday 9-5. They aren't really free. Have you ever seen a diamond "walk away" from Amway to collect residual income? I have never seen one.

Anonymous said...

Agreed with some jobs have crazy salaries. My laser eye surgeon charges 3000.00 for ten mins both eyes(doe crazy amounts of surgeries daily). He also does cataract surgery for insane amount charge to the hospitals. Before doing my eyes he had one of his tenants call him to drop off rent. I know makes crazy amounts without the stupid expenses the Amway leader has. What's hilarious is this eye surgeon doesn't sound or talk like hes this big shot.

Joecool said...

The diamonds like the adulation as if they have made some incredible achievement but the truth is they aren't anything special and I believe most diamonds probably live middle class lives aside from the glitter of the functions.

Anonymous said...

Doesn't matter because they earn their money from deceit and convincing others losing theirs is good.

Joecool said...

Spot on comment!