It is my strong and informed opinion that the Amway business as run by IBOs can’t be promoted and stand on its own merits based on facts. Facts are facts but the problem is the diamonds who run recruiting meetings often leave out important details or tell the entire story. The business is made to seem dependent on the continuing education supplied by upline but of course at a cost. This ongoing expense is usually the downfall and the cause of must business losses suffered by IBOs who try to build a diamond business.
Let’s look at facts, many that are provided by Amway.com. Most IBOs will never sponsor a down line. Most IBOs will never earn a bonus. The average active IBO earns around $200 a month. If all IBOs are counted, the average income is about $100 a month and that includes the diamonds, although it does not include the diamond bonuses, etc. Most IBOs will not last a full year in business and nearly all IBOs will not last 5 years. Amway products are generic in nature but premium in price. These are facts that you can look up.
How can you build a long term sustainable business that will pay you forever (residual income) when most IBOs don’t do anything and most quit within one year? How can you get residual income when nearly all IBOs quit within 5 years? How do you sell generic products for premium prices? The answer is that you can’t build a sustainable long term business based on these facts and it’s very likely that diamonds are not sustainable either.
What makes the diamonds income stable and sustainable is selling weekly standing orders, book if the month, voicemail, open meeting tickets, monthly small functions and large major functions test are run quarterly. Without the tool and function income, it is likely that many diamonds would also be out of business. As you may or may not know, someone could qualify diamond one time and never qualify again but could be speaking on stage as a diamond 20 years later as Amway considers them a diamond for life.
Food for thought. But what I have presented are verifiable facts.
Amway has sent out a directive that the phrase "residual income" is not to be used in any promotional material or in any recruitment attempts of new IBOs. But the lying scum in the various AMOs (like WWDB, BWW, Network, TEAM) completely disregard this, and still spout the usual bullshit about a nonexistent "residual income."
ReplyDeleteIf you don't actively maintain and expand your down-line in Amway, it collapses. The turnover is high, and you must replace those many IBOs who quit after they discover that they can't make any significant money in the racket. This is why over-the-hill Diamonds are still working their asses off.
Many Amway IBOs tout the concept of multiple revenue streams. The problem is all of the "streams" are dependent upon selling Amway products and recruiting more downline. It is just hard to believe that this is still as active as it is.
ReplyDeleteYou are 100% right. I built an Emerald business. When I threatened to leave my corrupt line of affiliation, I was offered a 22% income off of tools to stay. My response was "that's great, bit what is being offered to the people who achieve after me"?. Crickets...No response. Corrupt to the core. I have not been active for years, nor would I ever be again. The whole thing capitalizes on people spending money on worthless training. The kicker I just heard was they were holding functions over Zoom online during Coronavirus. They charged IBO full price. Some charged a discounted amount. Still. No expenses. That proved it all....IBO's are idiots.
ReplyDeleteYou are 100% right. I built an Emerald business. When I threatened to leave my corrupt line of affiliation, I was offered a 22% income off of tools to stay. My response was "that's great, but what is being offered to the people who achieve after me"?. Crickets...No response. Corrupt to the core. I have not been active for years, nor would I ever be again. The whole thing capitalizes on people spending money on worthless training. The kicker I just heard was they were holding functions over Zoom online during Coronavirus. They charged IBO full price. Some charged a discounted amount. Still. No expenses. That proved it all....IBO's are idiots.
ReplyDelete