Monday, July 23, 2018

Your Amway Business Vital Signs?

When you drive a car, you have instruments on your dashboard that let you know how your car is running and possibly whether you need repairs. For example, you have a gas gauge so you know when to refill the gas tank. You may have a oil pressure gauge, tire pressure, and an indicator to show how warm or cool your engine is running. My car has a light that comes on when I need to change the oil or service the engine.

Your Amway business also has some gauges. Unfortunately, many IBOs are taught by upline to ignore these indicators or made to think that warning signs are not to be heeded. I will explain further, but I believe too many IBOs see the signs, but simply have been trained to ignore these vital warning signs.

Selling products. Are you buying more PV than you are selling? I believe most IBOs do. No business can sustain itself without selling to customers. Why IBOs think they can succeed without customers is because of bad upline advice or teaching. Some of the teaching might be to "buy from yourself". When you buy from yourself, you make no profits. Basically, buying from yourself just makes you a customer of Amway.

Non income producing activity. If you spend a lot of time listening to standing orders, reading books, attending meetings and prospecting people, these activities do not produce any income. In fact these activities cost you money. Sure, eventually prospecting may pay off, but are you getting a fair return on your time and money spent doing these activities? If you pay for standing order but are unable to do more than 100 or 200 PV, then your business is not even covering the cost of standing order, not to mention the other costs that your upline may have told you was "needed".

Tools. If your expenditure on tools (cds/meetings/voicemail/website fees) continually exceeds your monthly income, you need to take a look at what it will take in order for your business income to grow. If not, you will simply take a loss month after month. If you are not sponsoring or finding more customers every single month, you are simply running in place and you will expend energy (money) and not get anywhere.

Are you showing the plan? If you are having trouble finding people to see the plan, then you will be unable to sponsor enough people to expand your volume. Also, an inability to show the plan also restricts your ability to recruit potential customers. Do people flinch when you mention Amway? These are signs that should warn you that the opportunity is not palatable to most people, despite what you hear from upline.

The warning signs and gauges are there. IBOs simply need to believe their own eyes.

1 comment:

Anonymous said...

It's true. IBOs in Amway are specifically told to disregard all signs of a failing business. In every other legitimate business, a failure to produce a net profit, year after year without change, is a sure sign that the business is a failure. In Amway, up-line tells you that losing money is a sign of future success.

The spectacularly fraudulent "tool scam" in Amway and its various LOS subsystems is the real money-drain for IBOs. Amway IBOs don't have a fighting chance when they are hooked into Standing Order, and CommuniKate, and endless meetings and functions. If all you are doing in sales is a crummy 100PV, you are losing money steadily.

And yes, it is now next to impossible in North America to recruit any down-line. Nobody wants to hear "the Plan." You might as well be trying to sell pork chops in Tel Aviv. That is why Amway is so desperate to recruit non-English-speaking foreigners, who don't have access to the detailed critiques of the Amway fraud that are available on the internet.