Thursday, April 15, 2021

"Millionaire" Mentality?

A recent comment left by an anonymous site visitor:

"I love Amway. I just don't understand why people have to be negative about it. I don't hurt or steal from anyone yet I make money. I'm not a millionaire as of yet but working towards that goal. It's called "millionaire mentality". Joecool you will never succeed with penny mentality."

Joecool's commenttary:

In my informed opinion, most diamonds do not have a millionaire mentality. If you see how they spend money and how they flaunt excessive wealth, I see people who could win the powerball lottery and wind up broke. They might earn a nice income (even if it may come by lying and deceiving), but they spend it all, and possibly more by portraying the diamond lifestyle. In my opinion, the diamond lifestyle as portrayed in functions such as "dream night" are not sustainable. For this reason, we are now seeing evidence of this such as we saw a triple diamond in bankruptcy proceedings some years ago, diamonds losing homes to foreclosures. We are seeing diamonds selling their mansions. Sure, they might be downsizing or liquidating their assests, but if these homes have been paid in cash as they claim, why sell them instead of enjoying them?   Perhaps the mortgage was too high?  

In the past, I have posted some articles showing the traits and characteristics of millionaires. Many of these articles cite saving, investing, and living below your means.  Diamonds teach downline to live beneath their means but turn around and encourage downline to go into debt to attend functions and buy tools.  Many wealthy people drive regular everyday cars and live in the suburbs. They don't commonly have porsches, and jaguars. And for the record, the average diamond income, as reported by Amway, isn't all that much when you factor in business expenses and taxes. So why do diamonds try to show off excessive wealth?

I believe diamonds show off excessive wealth because it is the only way to attract recruits. Because the Amway opportunity has a high turnover rate, nobody can reasonably "walk away" from their business and have cash rolling in for long. Attrition would eat away your business in a matter of days or weeks. It is why I believe diamonds do not walk away from their businesses, because they can't afford to. The business requires constant attention or it will crumble faster than stale cookies. 

Most IBOs are simply fooled into thinking they are developing into having a millionaire mentality. An honest question for IBOs. How do you even know if your upline diamond is a millionaire? Anyone, even a broke guy can wear a nice suit and show off pictures of mansions and sports cars. For that matter, how do you know if your upline diamond is currently qualified as a diamond? Amway doesn't release that information except for new pins. And as far as I know, diamonds don't disclose their business financials. I strongly suspect that the diamond lifestyle is commonly riddled with debt. How else can someone live the way they portray themselves in functions? Do the math and go backwards and you'll see a different picture than what the diamonds are painting.  

In my opinion, diamond's displays of excessive wealth and luxury portrays something, but it's not the millionaire mentality. 


1 comment:

Anonymous said...

The comment left by that guy about a "millionaire mentality" is a perfect example of what is wrong and illogical with Amway. It is the same "Think and Grow Rich!" illusion promoted by lots of MLM racketeers.

You can have a certain "mentality," but it won't necessarily bring you the kind of success you want. A girl may have the mentality that she wants to be a beauty queen. But if the plain fact is that she is ugly, she'll NEVER achieve that goal. A young guy may want to be a big pro-football star. But if he weighs only 100 pounds and can't run, he will NEVER achieve that goal.

Amway essentially promotes dreaming and fantasizing. It assures you that if you have a big enough dream, nothing can stop you from attaining it.

In the real world, people know that such a claim is total BULLSHIT.