Wednesday, November 7, 2018

Amway Or A Job?

I recall many meetings and functions where the diamonds talked about how your job was making you "just over broke" or "jackass of the boss". They tried to put down jobs, as if working a job were some kind of cruel punishment for the masses. In reality, IBOs could not feed their families, pay their bills and they could not make the diamonds rich without their jobs. I remember seeing videos of people shooting their alarm clocks or a limousine pulling up to someone's place of employment and whisking off someone who recently went diamond or reaching some other pin level.

I suppose that for someone young, who may be in their 20's or 30's, the prospect of working another 30 years seems like a daunting task, thus a "shortcut" such as working 2-5 years sounds like a good alternative. It makes sense, until you actually start trying to build the business and find the name reputation and products difficult to sell. At some point, your investment into standing orders and functions starts to add up. You start to wonder if you made a mistake in trying to find a shortcut to financial freedom. You start to wonder if financial freedom even exists in the Ama-world. Why are the diamonds still working? Why don't any of them "walk away" and collect residual income for life while walking on the beaches of the world?

Luckily, you did not quit your job. While your current job may not equip you with financial freedom, you are likely able to pay your bills and put food on your dinner table. That is more than most people can say about the income they receive from Amway. I used to wonder how much money these diamonds actually make. While they may earn a nice income (if they are actually qualified), a diamond lifestyle can render them even more broke and in debt than the people they recruit into Amway. I believe many diamonds are living month to month, worrying about their finances because they portray a lifestyle that cannot be sustained on the kinds of incomes that Amway reports (i.e. $147,000 average diamond income). A recent triple diamond in bankrupt proceedings revealed that while they earn a nice income, they may not be able to sustain an excessive lifestyle, and certainly not without making a significant income from selling functions and other tools to downline.

Rather than getting excited about seeing a Mercedes Benz, ask your diamond how much they earn from Amway. Ask them why there aren't any diamonds taking advantage of residual income for life, thus walking away from the Amway business? While working a job and saving money may not sound that attractive, it is still a much better alternative than working a job while channeling your income into standing orders, voicemail and functions that do nothing except make your bank account lighter. Financial security and long term sustainability takes hard work and discipline. Many who promote Amway trick prospects into thinking that Amway is a shortcut to get rich. It isn't, save for the owners of Amway and a few old time Diamonds who control the systems. The facts are there, you just need top recognize them.


Anonymous said...

I do not understand the IBO way of thinking… what's wrong with jobs? There are lots of people in this world who don't have what it takes or are not willing to start a business. Does it mean that they are less successful? Not necessarily. Some people are more comfortable with 8-5s than starting a business, but that doesn't mean that they are not successful.

Oh wait… Amway is NOT a business. Amway is just an expensive shopping club for people who like to become a lowly commissioned, un-salaried salesperson. You can't decide your selling price, your selling strategy, etc. Its even worse than owning a franchise.

Joecool said...

Great comment! The upline says disparaging things about jobs such as JOB = Just Over Broke. But in reality, nearly all Amway IBOs would be flat broke without their jobs to pay for their Amway follies.

I would think even Amway diamonds are busy working the business due to the attrition rate and Amway's lousy reputation. But the diamonds work the graveyard shift which is why they say that people working jobs suck because they need to wake up early to go to work. But Amway diamonds stay up late to "work" because most peope are busy working when they are trying to recruit new peope into Amway.

Gmoney said...

That has already been my tripping point when involved with MLMs. Why are the (insert big shot title here) off enjoying their residual income instead of schlepping the plan nonstop?