Friday, March 23, 2018

Diamonds Pay Cash?

When I was an Amway IBO, I was always taught that diamonds pay cash for everything. That one day, after following the foolproof WWDB system, that I too, would be strolling on the beaches of the world, with cash rolling into my bank account with no worries in the world. We were told that diamonds pay cash for all purchases, even homes and other large ticket items. As evidence, the diamonds would show slideshows of mansions and sports cars, golf club memberships and other lavish items. All paid for in cash we were told. I have reason to believe that WWDB still teaches this except that it is more than likely a bunch of lies.

You know what's really sad? Shortly after I left Amway and WWDB, I bought a home (in Hawaii) for about $300K. My sponsor was my friend and the real estate agent also contacted him to see if he was interested in purchasing a home. He declined because he said he would only buy a home if he was able to pay his home off in cash. Well, it is now about 20 years later and my home is now worth close to a million dollars and my former sponsor is renting a home. This is just an example of how dangerous it can be to follow upline's advice.

First of all, in looking back, our group really had no way of knowing what was paid for or not. We just assumed that diamond made so much money that everything the diamonds spoke of were true. However, there have been events, some fairly recent, that exposed some of the apparent lies told by these diamonds. There were two (2) diamonds whose home foreclosures became public knowledge and a prominent triple diamond who was involved in bankruptcy (chapter 7) proceedings. Now your home cannot be foreclosed if it's paid for in cach right? Technically, nobody would care whether a diamond's home was mortgaged or paid for, but when diamonds parade in front of a crowd bragging about wealth, and then telling the audience that they too will achieve the same success by following the system and upline advice, well that's a bit misleading in my opinion. So many people in the audience are practically crying because they want (so badly) what the diamonds are flaunting, except that possibly, many of these diamonds don't even have what they are selling.

An average (non founders) diamond might make about $150,000 (according to Amway) and let's just say another $150,000 from selling support materials. When you factor in taxes and business expenses such as travel to and from functions, what's left over certainly is not going to allow you tp purchase million dollar mansions. Some higher up pins might make a bit more, but still, purchasing mansions and other luxuries in cash is a stretch. It would be my guess that most diamonds indeed have a mortgage on their homes and may even have car payments. That's not a crime but it is unethical and it is illegal to lie about your income in order to recruit new downlines.

For IBOs and other newbies, if your uplines are bragging about paying for homes and other things in cash, ask them to show proof of these claims. I can show you pictures of multi million dollar mansions and sports cars, it doesn't mean that I paid for them in cash. But then again, admitting to having a mortgage or having monthly car payments aren't quite as attractive or exciting as claiming to pay for these things in cash.

1 comment:

Anonymous said...

People who pay cash for everything are usually types who can't get a credit card, or who who don't have the resources to open a checking account. I wonder which it is for these Amway assholes.