Financial Freedom! That was one of the major battle cries when I was recruited for the Amway business. You gain control of time and money by creating residual or passive income. That is true financial freedom. You wake up at noon, no job, and just do whatever you please, whenever you please. I remember the speaker saying that broke/unemployed people also had freedom, but it was different because they were broke and could not afford to go golfing or do other activities that required money on a regular basis.
I am assuming that this is still the case for many IBOs. Of course, upline leaders may toss in a disclaimer that you don't get rich quick as an IBO, but the pitch apparently still contains the financial freedom and residual income theme, based on my experiences with IBOs. IBOs still think they will be rich. Also, 2-5 years sounds like "get rich quick" to me.
But hey, financial freedom would be a great thing, don't get me wrong. Who wouldn't want to be 35 years old with enough cash to never have to work again? I mean I could spend some time imagining how fun that would be. It would also be fun to imagine what you would do with all the cash if you hit the power ball lottery as well. But for the starry eyed IBOs, I simply have a few questions for you to ponder. A few realistic questions that you should be asking yourself. The answers to these questions will tell you a lot.
1. Who in your group or upline truly has achieved financial freedom? Have you seen their financials or simply a display of wealth such as mansions and fancy cars? Mansions and fancy cars could just be a massive pile of debt. Not too long ago, there apparently were diamonds who had their homes foreclosed, and a triple diamond who was in bankruptcy proceedings. Find out if anyone in your group/upline has actually achieved the success that they are using to recruit you. Also, if they are financially free, why do they work at function after function? Traveling and speaking might not be a traditional job, but it is still work, nonetheless.
2. Even if you find someone who is retired and golfing everyday because of Amway residual income, ask yourself what the likelihood is that you will be able to achieve the same results. If diamonds are still working, what chance do you have of success if you are new or experienced in Amway, and have few or no downline. More than likely, your chance of winning the lottery will be greater than your chance of achieving a significant residual income from your Amway business. Also, I don't know of any Amway retirees who built their business once and walked away with any significant residual income from Amway. Do you?
Amway Diamonds never stop working. If they did, their down-lines would collapse very quickly because of the constant turnover as IBOs quit and need to be replaced.
ReplyDeleteThe Diamonds can of course still make money from tools and from the large fees they get for attending functions, but that has nothing at all to do with selling Amway products.
Amway -- like all MLMs -- is a business where the actual source of profits is deliberately hidden or camouflaged. The real source of profits doesn't come from selling products. It comes from constant recruitment, endless fees, tools, and big functions.
Selling Amway products to non-Amway consumers? That's just chickenfeed.
MLM only benefits those at the top and even then it still requires that everyone who joins is in it for the long haul and sees benefit from staying there. I don't think most people that go out and work for MLM's see any major benefit's in the long term and mostly only see them as side jobs and not really something to do for passive income. Unless you think a lot of the people you know are suckers and will join, be successful and make you money for the long term which all contradicts what I've previously said about what I think about MLM's.
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