Monday, February 22, 2016

Trading Hours For Dollars?

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 hours 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 ned, 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.

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 profir 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...

All productive human activity, whether you are working independently or for someone else, is "trading hours for dollars." All labor takes time. And by putting in the time, you get what you want, either as something you create yourself to sell to others, or as a salary from an employer.

The notion that Amway is somehow "different" is absurd. You put in your time in Amway (a hell of a lot of it, if the testimonies here and at other websites are to be believed) and you pocket your profits, if any. How is that somehow "special" or "empowering" in the way that any kind of work is not?

Amway is a repository of lies and deceptions of all sorts, but one of the company's biggest lies is the notion that being involved in Amway is somehow a cut above any other job or business or enterprise.

It's sheer bullshit. Amway is a job like any other on this planet. The only thing different about it is that 99% of those involved in it go broke.

Joecool said...

I think the Amway mindset is that you get others to trade their hours for your dollars. What else can it be?

In order to get residual income, you are getting something for nothing. For that to happen, others must receive nothing for something (their time and efforts).

Anonymous said...

When you're in amway; you're trading dollars and hours for a terrible life lesson.


Joecool said...

Or trading hours for financial losses I most cases.

IBOs just don't see it until they snap out of their IBO trace.

Anonymous said...

Sure, but as you have pointed out here many times, "residual income" in Amway is largely an illusion. It's not like getting dividends from stocks or interest from bonds. It's just a dream held out to allure potential recruits.

Joecool said...

Agreed. I have an investment that pays 3% interest guaranteed and compounded daily so I receive about $14 each and ever day for that investment. Not a fortune but it adds up and it will be very handy when I retire in a few years.

Anonymous said...

You are still in a job when you have to submit to the demands of an upline. Anything they say about "work on your own hours" is plain bullshit.

The only thing is, your upline doesn't even pay you a cent.

Joecool said...

Yep, you are paying Amway and your upline to do their work and to make them money.

Anonymous said...

Seems you got wrong information from your Upline... Firstly neither Amway nor any sensible Upline will tell you to quit your job... we offer opportunity beyond what you can ever achieve in life with job("1% of 100 people efforts(#entrepreneurs mindset) or 100% of 1" (employee mindset), once your business income is above what you make in job, you can make that decision, can consult with a growing Upline who has already done that,again you make that choice.

Infact if you have understood it, we educate folks for the money they make from job what is best way--invest in their own business first or some other business owner.

Productive Net-Work will determine your in any business, whether you do WITH Amway or any other you are BY DEFAULT part of.

Joecool said...

What exactly is an entrepreneur mindset? The Amway business is not entrepreneurial.

Once your business income is above your job? That happens for maybe 1 in 1000 IBOs? And that is supposed to be a serious business proposal?

A productive network is IBOs all doing your bidding because an IBO has no equity.

Anonymous said...

Again all your experience and with some IBO's who were themselves seems not educated much about the business opportunity , I have personally met 3 generations of IBO's from same family, reaping the rewards of previous generations efforts..

Joecool said...

What is it about the business opportunity I don't understand? I probably understand the plan and its details better than you.

And you have met 3 generations of IBOs reaping rewards from previous generations. Yet as I claimed, not a single one of you can name any of these beneficiaries.

And I know families who reap rewards from previous generations from working and running real businesses. This is very common in the real world but extremely rare in Amway.

Anonymous said...

If you have understood the plan of empowering people and serving people, you would have built a huge organization of your own by now building teams of leaders and helping others do the same.

You can meet them in those similar meetings that happen globally.

GOD Bless you & impart wisdom to understand the business opportunity better than before.

Joecool said...

So have you empowered and served people? How big is your organization?

And how exactly do you empower people by selling them Amway products?