Monday, November 28, 2022

What Is Your Amway Business Really Worth?

 Many many people see the Amway plan, sign up in the hopes that Amway income will help them fulfill their dreams and that they will walk away from their jobs and collect lifelong residual income while walking the beaches of the world. Sadly, most IBOs will never even sponsor a single downline. These IBOs may continue in the business for a while but will eventually quit when they see the writing on the wall. Someone mentioned on another forum that people who want to work 2-5 years and do nothing thereafter are probably lazy and therefore, are not capable of achieving much anyway, much less in Amway. And in reality, in what business can you really "walk away" after 2-5 years and prosper?  

First off, 2-5 years basically sounds like a get rich quick scam, which uplines downplay as "get rich slow" because they don't want to portray the Amway business as "too good to be true".  But they present the plan as very achievable, and it sounds good and looks good on paper until the rubber meets the road.   That's when a new IBO finds out that many potential prospects have a bad opinion about Amway or aren't at all interested in running a side business in addition to a job plus possibly mommy and daddy duties.

But wait, you're an "independent business owner". So if you actually achieve something in Amway, why not sell your business if you actually succeed instead of quitting, why not sell your Amway business? I wonder if any IBOs actually think about what their business is worth? I mean a diamond could sell their business and live large and happily ever after right? Here's some food for thought. Why are there instance of diamonds quitting or resigning from Amway? Why would they just quit when they could either walk away and collect an income "forever" or sell the business? I mean do IBOs ever stop and think about this? It is an honest and serious question that should get some consideration.

I believe diamonds quit and resign because their business is worth very little or nothing. And most Amway businesses do not even generate a net profit. For IBOs who are seriously pondering on this very important message, try looking up this topic in Amway's rules. There are very complicated steps to be taken when selling your Amway business as each person upline must be offered ownership (To the best of my understanding). This process can go on for a long time and the attrition of your business could render it worthless before you can find a buyer, if you have a buyer at all. Also, if you quit, the downline in your group would be surrendered to the immediate upline anyway. So why would your upline want to buy your business?  In fact, your upline would more likely discredit you so your downline just transfer to them instead of allowing you to gain any "residuals".

So IBOs, I ask you. What is your Amway business worth? You don't own your downline. They are independent owners like yourself. You should not have inventory, employees or some warehouse storage complex. Aside from the ability to add downline volume to your own, your Amway business likely has very little value in the real world. So IBOs and prospects, think about it for a minute. What is the value of your Amway business?

3 comments:

Anonymous said...

Here's a question. Suppose an IBO doesn't quit or resign, but just says "I'm retired from the active side of my Amway business. I'm not going to show the Plan anymore, or recruit anybody. But I'm going to continue to maintain my monthly PV, and take residuals from the sales of those in my down-line."

Can he do that?

If he can't, then Amway is a complete lie.

Joecool said...

I don't know of anyone or any diamond who has exercised that option. To quietly retire and enjoy the residual income. I have challenged many people and IBOs to name a single persone who did that. No answer was provided.

Why wouldn't anyone choose a quiet life of riches and residual income if it existed?

Amway doesn't promote it so I would assume that it simply doesn't exist.

Anonymous said...

Well then, the Amway propaganda bullshit about "retiring" and having "residual income" is a complete and total lie.