Tuesday, November 13, 2018

What's Better Than Amway?

One of the humorous things that Amway IBOs say on my blog is if Amway isn't such a great deal, then why don't we offer a better solution? I guess it's not enough that there are facts and experiences posted here so that information seekers can find and make informed decisions about joining or not joining Amway, but we must also suggest better options? Well, I will offer some. While I am not advising anyone to listen to my thoughts, nor do I think you should act on what you read what's here without doing your due diligence your own soul searching, here are my opinions on what may be better than Amway:

1. Be a better steward of the money you already have. Many people have enough income but simply channel too much of it to things they don't need. A daily $5 cup of Starbucks for example. Disciplined saving and investing. Are you trying to "keep up with the Joneses"? Are you racking up consumer debt?

2. Get a second job and set aside a portion for saving and investing. You will not only have more discretionary cash, but also more to be able to set aside for your golden years. I did this when I was in my 20's and I am now seeing the rewards adding up.

3. Start your own small business. The biggest issue with Amway, in my opinion is the endless supply of training that uplines sell. It causes most "serious" IBOs to end up with a net loss. You can find a niche product and sell it on ebay or craigslist, unlike Amway products. Another type of small business might be something like learning to do minor household repairs or installing hardwood flooring. These kinds of services are quite common and can be lucrative.

4. Do nothing. Since most business building IBOs lose money, doing nothing, although comical, actually makes you better off than losing money because of functions and standing orders, book of the month and/or voicemail and audios.

5. Spend more time with your family. Ironically, many IBOs have this as a goal, but actually spend less time with family because of Amway related activities.

There you have it folks. There are some general ideas of what might be better than spending your time and money participating in the Amway business and the Amway motivational organizations. While these are only ideas, only you can decide what is best for you and your family. In whatever you decide to do, I wish you well.

1 comment:

Unknown said...

Real estate is one you didn't mention. The book by Robert Kiyosaki that the Amway guys gave me talked about how important real estate was to Kiyosaki. Then, Kiyosaki told me to join network marketing and said little to nothing again about real estate. Or, just open a Roth IRA and start investing every paycheck. Simple, yet effective long term. Increase your contribution to your 401k at work. Especially if you are not hitting the maximum employer match.