One thing that Amway diamonds like to do is to show off the diamond lifestyle and imply, but not verify their "super wealth". But what is the diamond lifestyle? Basically, it’s a show of excessive wealth. Allegedly they fly first class everywhere and stay in five star hotels. They wear designer clothes and supposedly buy expensive cars and homes all in cash. They come and go as they please and they only work out of love for their down line. At least that's the narrative they want you and other prospects to believe.
There are poor saps in the audience who want that so badly that they have tears in their eyes because they want it so badly. It certainly inspires you to try harder and to get your business booming with growth and excitement. So, you get the inspiration, but the reality is that the diamond dream will not materialize. I believe that many diamonds simply live average middle class to upper middle class lives for the most part. I will go on to elaborate further.
I hate to break this news to IBOs and prospects, but I highly doubt that any diamond lives an uber wealthy diamond lifestyle unless they are up to their ears in debt. But then again showing you a middle class lifestyle wouldn’t quite be as exciting. How do I know or suspect this? Simple, just do the math. Look at the Amway income disclosures. A Q12 diamond, which is quite rare (the exception, not the rule) makes around $600k annually gross income. After taxes and expenses, you aren't buying mansions and sports cars in cash while flying the around the world first class. A family of four playing first class round trip even to functions would easily exceed $12,000 or more. How many functions do diamonds attend each year? That's some serious business expenses.
Amway used to report that an average diamond earns about $150k annually but now Amway doesn't disclose the income of an average diamond. Although Amway no longer reports this, their compensation plan hasn't changed to a point where the average non Q12 diamond would earn significantly more than in the past. Thus, the average diamond likely earns around $150k annually along with income from tools and functions. Even if they earn another $100k from tools and functions, that's an income of about $250k.
Now that’s a nice income for sure, provided the diamond is currently qualified although Amway doesn’t say who is and who is no longer qualified. Assuming they are qualified, their taxes, medical insurance and other expenses and business expenses likely claims about half of that income.
Let’s say a diamond clears $10k per month after all if the expenses I mentioned and believe me I’m being very generous here. Well, you can’t buy a home in cash on that income, so you likely have a mortgage. If a diamond pays $4000 a month for a mortgage, they have $6000 remaining. You aren’t buying a sports car in cash.
If the kids go to a private school, more income is gone. How much is left for first class travel and five star hotels did fabulous vacations. I’d say a diamond lives a middle class lifestyle. I believe some of the higher up pins such as crowns might live better but the rest of the diamonds lifestyle probably would not impress you if you saw the truth.
So where is the Uber diamond wealth? I don’t know, you tell me.
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