Friday, November 28, 2014

Debunking Amway And Other Myths?

I was watching a show on Discovery channel the other night about Sasquatch. It was followed by a show about evidence of UFOs. It made me start to think about these phenomena. It seems like everyone has heard about or knows something about Sasquatch (Big foot) and/or UFOs. There are many documentaries showing pictures and evidence of both, but to date, there is no bonafide evidence that these things exist. You'd think that a body or bones of a Sasquatch would turn up somewhere, sooner or later, or we would find compelling evidence of a spaceship from another galaxy.

It sounds just like stories of people who built a diamondship, then "walked away" from their businesses, retired in the lap of luxury and did nothing while the money kept rolling in. I heard numerous scenarios about this happening, but looking back, all the diamonds kept working and since Joecool left the business, the diamond either kept working, or quit or got terminated. But I never heard anyone name some higher up Amway pin who built a business, and then walked away from it to travel the beaches of the world while hundreds of thousands of dollars kept rolling in. Many have heard about it but nobody seems to be able to name any of these folks. I mean after over 50 years in existence, you'd think some of these folks would exist, especially when it seems to be a selling point of the business for many AMOs.

It is my opinion that Sasquatch, UFOs and retired Amways diamonds (with significant Amway income) are non existent. If these folks existed, there should be at least some shred of evidence of it. The lack of evidence indicates to me that it is either non existent or so rare that nobody can display bonafide proof. I mean there aren't any T-Rexs roaming the earth anymore but fossil evidence proves that they existed at one time.

Keeping in mind that the Amway business has a high attrition rate, coupled with low sales to non IBOs and you can easily conclude that residual and significant income is nearly impossible. An Amway business that is left alone will deteriorate like a sandcastle does as the waves wash it away. You (in theory) could possible walk away from an Amway business for a while and collect some income, but you won't be collecting enough income to live the "diamond lifestyle" as portrayed by diamonds in their functions and open meetings. I'm not even sure that active diamonds can comfortably afford that lifestyle even when building their businesses. There is ample evidence to support my claim. Diamonds losing homes to foreclosure, former diamonds revealing secrets about their income. If you really believe you can walk away from your Amway business and collect untold wealth, I have a bridge in Brooklyn to sell you. :-)

8 comments:

Anonymous said...

Obviously if there was a diamond who retired with no meetings,functions, plans or dealing with products. The amway corporation and this individual would tell the world then just vanish. The Amway corp would never publish what exactly each diamonds pin level and their earnings because very few maintain that level of earnings/pin level.

Joecool said...

I'm sure that any diamond who quit would miss out on speaking honorariums and I believe for that reason, nobody quits and walks away because speaking is probably a pretty easy job. Some groups allow speakers to make mpney at functions even if they are no longer qualified and emeralds or diamonds.

Anonymous said...

I wonder how many groups. Would fall apart if the diamond or above isn't involved in anyway. I'm sure a few have set aside some money. Not everyone is bad with their money as Greg Duncan

Joecool said...

Yeah, the diamond is there for motivation, even if they might lie about their lifestyle. I suspect many diamonds are struggling financially because the diamonds lifestyle as portrayed by diamonds cannot be sustained on the kind of income most diamonds make.

Anonymous said...

I suspect the same thing with struggling diamonds financially. Seen awhile back amquix all the homes up for sale by the leaders. My upline edc in wwdb was smart to not go crazy spending. He has the same house for 400,000 in the 90s as he does now. Only thing was the real estate trippled in 20 yrs where I lived and heard he had a mortgage.

Joecool said...

I can't prove it but I suspect many diamonds lie about paying everything in cash and they actually have mortgages like everyone else. But being honest isn't as glamorous as lying.

Anonymous said...

They have to be lying about paying for cash. If the house is a mil or over. It doesn't work that way where you go diamond and get a cheque for a mil tax free. Not only do they have mortgages. Many are just renters. They aren't that different than most people

Joecool said...

Yes, I doubt that many people buy houses in cash. Diamonds are likely middle class people who pretend to be super wealthy. If you do the math, it's not that hard to figure out. Also, a diamond's income is mostly from annual bonuses from Amway so their monthly income might actually be quite small and they depend on the tool income to help augment what they get from Amway and as I said, most likely are nowhere as rich as they portray.