Saturday, March 11, 2023

How Likely Is Amway Success?

 So many eager and motivated young people join Amway with the hopes that they will retire early, live a life of luxury and basically enjoy life with no worries. Most of the people who join Amway are very likely to be motivated, hardworking and wanting more out of life. Their intentions are great, but it leads to the question of why do so few people actually get anywhere in Amway and why are there so few new diamonds, at least in the US and Canada in the last 10-20 years?

I think part of the problem is that the folks who recruit new prospects into Amway often imply that everyone has a chance to be a diamond and they also imply that it's not that difficult. I heard comments once that going platinum was so easy that someone's dog could do it. It's obviously not true when a fraction of one percent of IBOs (.26% according to Amway) ever reach the platinum level and even those who do often are unable to maintain that level of volume. 

Now let's break it down to numbers. A platinum group is often typically 100 to 150 IBOs. Of course, not all of them are busy moving products or recruiting downline. A diamond group is six platinum groups plus some side volume; thus, a diamond group is likely to have 750 to 1000 IBOs. Being a platinum can be compared to being the manager of a company and a diamond is like being a CEO of a big organization. In a job, you can work your way up and eventually become a manager or CEO. Some IBOs think they can never achieve those goals at work, but they mistakenly think they can surpass their sponsors in Amway so it's a better deal. But even if you earn more than your sponsor, does that mean you will eventually reach platinum or diamond? I think a better gauge of success would be those who go diamond. Diamond is often portrayed as the pinnacle of success and is the target shown in "the plan". 

However, as I stated, going diamond would also be like achieving the level of CEO in a company. There is only so much room at the top. That is true. While there can be many diamonds, you would still need to have about 100 to 150 downlines to achieve platinum and you would still need six platinum downline groups equating about 750 to 1000 downline IBOs to be diamond, plus your personal group. Thus a diamond is like a CEO who creates his own company. Factor in that half your group is likely to quit each year, thus you must replace hundreds of IBOs every year to maintain the minimum qualification of platinum or diamond. Add the in name "Amway" that makes some people cringe and maintaining a group is a daunting task. Imagine being a CEO of a company that loses half of their employees every year. That's what a diamond "lifestyle" includes. 

It is my informed opinion that a diamond lifestyle is one of hectic schedules, constantly working to help your groups maintain volume and bringing in new IBOs, plus sponsoring and maintaining your own personal group of 2500 PV volume. If you cannot maintain 2500 PV personal volume, I believe you would not qualify for some of the bonuses paid by Amway. Also, because the rest of the workers normally works 8-5 or so, a diamond is out working the night shift and odd hours trying to keep the group intact. Also, factor in the travel to functions for speaking engagements and a constant churning of meetings and you have little time to actually work your business and spend time with family. Sadly, many people join to gain more time and money and they often end up with less time and less money because of their involvement with the constant meetings and functions. 

So can someone succeed in Amway? Certainly it has been done, but I believe that many diamonds are possibly busier working odd hours than someone with a job with regular hours. The diamond lifestyle may be shown as fabulous, but I believe the reality is not as nice a picture. See my previous post about visiting with a diamond.

2 comments:

Anonymous said...

At some of those Amway "functions," a silly group called the Goads sang songs to encourage IBOs to work hard to achieve high status in the racket. One song was specifically written to get IBOs to seek the coveted position of Diamond by creating the 6-4-2 down-line structure. Here was the basic refrain of the song:

One, two, three, four, five six --
I'm goin' Diamond, that's it, period...

They were trying to make it seem easy and quick -- all you had to do is "decide to be a Diamond," and you'd definitely do it.

It's absurd. Diamonds in Amway are infinitesimal fraction of one percent of those who are signed up in the racket.

The most exclusive clubs in the world are said to be the United States Senate (50 members) and the College of Cardinals (75 members). In fact, the number of Amway Diamonds is probably fewer than that.

Joecool said...

Thanks for your comments. LOL, I attended a function and heard that song.

I actually checked with a hotel in Maui that hosted diamond club back some years ago, perhaps 2009 or so? They said 160 people were in attendance and that included diamonds, spouses and children. Thus, assuming that each diamond couple had a child or two (single diamonds are not that common), there were maybe 50 or so diamonds in attendance.

I highly doubt that diamonds skip out on free exclusive vacation, especially when we know that diamond income isn't "all that".