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 powerball 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?
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The Amway Corporation has stated, in its official directions on the recruitment of IBOs, that the phrase "residual income" is NOT to be used.
The reason is simple: there is no such permanent income in Amway from the volume generated by one's down-line. It may exist for a while, or in sporadic spurts, but a down-line is always disintegrating as IBOs lose heart and drop out. Unless those who leave are replaced, one's "income" shrinks. And if you quit or retire yourself, your down-line will quickly begin to dissolve and so will your so-called "residual income."
The only real "residual income" in life is Social Security payments, pension distributions, dividends from stocks or bonds, rental income, or what you get from your IRA or 401K.
The Amway Corporation knows this, which is why they are desperately trying to get rid of the phrase "residual income." IBOs are quickly disillusioned and quit once they realize that any down-line they build is vulnerable to rapid collapse if they don't work 24/7 to maintain it and expand it. You can't retire from Amway and "walk the beaches of the world," as that asinine slogan says. All you can do in Amway is work until you drop dead -- which is what even Diamonds have to do.
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