One of the things that attracts many IBOs to the Amway opportunity is the idea that they can work part time, 2-5 years and gain a "shortcut" to ongoing and voluminous wealth. Many of the prospects don't have the kind of income or resources that they would like, so the possibility of a shortcut to these trappings sounds like a good idea. They sign up and get started, and then the realities of the business sets in.
100 PV, is the defacto minimum quota for business building IBOs. It costs about $300 to purchase 100 PV worth of products. How many young and single people or couples for that matter, use and/or need $300 worth of household products each month? How many of these same people can actually afford to expend that much cash on household products? The pitch is to change where you shop but how many people were buying these kinds of good prior to Amway? My guess is none. I know I purchased many items, including vitamins, and I didn't need or use before Amway. But my desire to be teachable and to be an example to my downline kept me buying the goods, and trying to pawn off some stuff on friends and relatives to lessen my PV burden.
I also found that getting people to see the plan was no easy task. While my business was growing, it took more and more effort to recruit downline and I can see where many IBOs would reach the saturation point where there simply aren't anymore viable recruits and they might need to resort to cold contacting in order to generate potential prospects. This is probably why there are stories of IBOs stalking people in bookstores, malls and supermarkets. Even when people saw the plan, there wasn't a high percentage of new people signing up. It is why building and maintaining a business is a nearly impossible task, and it is why I believe there aren't people who retire, walk away from their Amway businesses and enjoy six figure residual incomes for life.
The more likely scenario is an IBO signing up, buy and using the products and tools and slowly but surely build up debt. There are countless stories of ex IBOs who got fired up, started building the business and fouond that in a relatively short period of time, found themselves in thousands or tens of thousands of dollars in debt. All the while upline was encouraging them to buy more tools and attend more function, even when they were not profitable. In my opinion, this is confirmation that uplines care more about their tools profits that they do about downline success. I sat in functions where upline would teach about reducing debt, but in the same breath, say it was okay to go deeper in debt if it was to purchase more tools. Self serving advice.
It is why I believe this opportunity, along with the tools system, will nearly guarantee IBO failure. It is sad, but it is also a reality.
Even if a couple become diamond in 2-5 yrs. They shouldn't feel like this is a great situation. Those six platinums can quit or not qualify anytime. You probably need 500 diamonds in your downline before you can relax and and worry as much. But realistically dunno many people who can build it up to 500 diamonds.
ReplyDeleteThere might be a very few old timers who got into Amway in the early years and have some legs that produce residual income but I doubt they are living with wealth beyond their dreams and walking the beaches of the world. I believe that is why crown ambassadors die while still working and why diamonds never "walk away" to collect that residual income.
DeleteI see Matt tsaruda and Dan yuen from the 90s are still busting their hump. They add new platinums but I don't see them moving up pins. Probably to replace the platinums who might be going out the door lol. Actually looks quite painful to fly around,speak,talk about retirement,and worst of all draw circles still. Knowing retirement is never happening.
ReplyDeleteRight. They have new pins but likely others fell out of qualification which is why they are not double diamonds or higher now.
ReplyDeleteTheres a new pro amway blogger. I do have a problem with transperancy of a dreamer. Who often sounds like ibofb defending Amway. Mentions all the time how critics mention non active diamonds. The pro Amway people forget to mention in 2-5 yr plan were told diamond incomes are forever. Build it once in a group like wwdb and you get six figures or seven figures residuals for life. Also this guy always mentions wwdb platinum build it Ron puryears way and make a avrg of 50,000. These pro Amway types love to always tall about the high end of incomes. That their groups are always higher on average than other groups.
ReplyDeleteI linked his blog to mine. He's not IBOFB. His name is Cameron from WWDB He is learning a lot of the same garbage I was taught as an IBO. A few months about he made a post showing he llosy money but claims he was in profit because he got a tax refund. He's really brainwashed badly.
DeleteYes I read most of his blog last night. Can see how brainwashed he is. Especially having a best friend dean whalen make diamond won't help. He'll think its quite possible to be at that level someday. Some non Amway people reading about the loss of money and getting a tax refund profit just laugh. He's a bit overboard with the excuses when defending that cult
DeleteHis friend making diamond is worse because he'll have difficulty walking away even when losing money because his friend has hit the "pinnacle" of success in Amway.
DeleteHe has been in for a long time. Endless excuses of why it didnt workout his first time involved in Amway. Now like you mentioned he's making money from a tax return lol. Is that how it is as a ibo with endless excuses justifying why there's loses? They always blame themselves and never the plan,Amway,system,or upline leaders.
DeleteYes, they alway blame the IBO but ever the system. I believe the system and the Amway name itself is the reason for failure.
DeleteJoe, funny thing with Camerons blog is he isn't helping Amway. With all his positive comments and then the talk about losing money still and depending on a tax return or he'll be at loss financially. Like ibofb they believe they are fighting for a good cause but still damaging the Amway name.
DeleteYou're right. Anyone with more than one brain cell sees through the scam. Cameron is brainwashed and starstruck because his friend went diamond. IBOFB knows better but he is dishonest or is paid to shill Amway so he defends the scam wholeheartedly. But you're right. Most people see through the BS.
DeleteWhat I can't stand is cutting out all outsiders or non believers. The big pins and pro amway say this doesn't happen. I see the bigger pins and their own children. Only associate with people in the business. They even marry within the business or people who support Amway. It'll take way more than triple diamonds Greg Duncan's Amway and system income for me to ditch people I care about.
ReplyDeleteThat's why some people see Amway as a cult. They isolate the Amway IBOs and teach them not to associate with "negative" people.
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