Thursday, June 15, 2017

Mind Your Own Business?

One of the things I heard as an IBO, and still witness today, is IBOs telling prospects that their income is none of your business. That you can refer to the compensation plan and see that you are compensated for volume. That your effort will yield different results than their efforts. All I can say is what a load of baloney. If you are researching the Amway business opportunity and the person contacting you won't disclose financial details of their business, red flags should pop up all over the place. Sure if your potential sponsor is new, they may not have much to share, but are they willing to share or claim that it's a trade secret?

Remember that your sponsor will receive a financial benefit from your purchases and/or sales for the life of his/hers and your business. Volume that you move, plus your downline volume will be a part of your sponsor's and upline's volume. For that kind of reward, you'd think that people would be open to sharing. Now I'm not suggesting you ask to see the sponsor's personal job income, but surely, you'd want to know what kind of time, effort and expenses you might expect, along with the kind of expected results that your potential sponsor may be experiencing so you can decide whether it's worth the investment of time and money, especially if you will be encouraged to purchase training from the upline.

If your potential sponsor has a downline, and has been around for a month or more, wouldn't you want to know what their results and expenses are? It's perfectly reasonable to ask and expect a response. Since Amway leaders often talk about duplicating, wouldn't you want to know what you would be duplicating? I wouldn't want to put in 12 hours a week plus a few hundred in expenses if the likely result would be a net loss. Now I understand that a new business might not prosper right away but what are the indicators that a profit is coming? If you have trouble selling and sponsoring downline, you will more than likely never make a net profit. If you are selling and sponsoring, but still not profiting, then what? Are the tools and training expenses eating up all your profits?

It is my conclusion that uplines and potential sponsors don't share this information because it would not be attractive to prospects. Most IBOs run at a loss, especially if they have tools and training expenses and they might be putting in a tremendous effort. We know that some diamonds have financial difficulty. We also know that some, possibly many diamonds make more money from the tools and training than from Amway. I believe that the Amway opportunity is a far cry from how it's presented with the mansions and sports cars. I believe the reality is a sad one. If you are told by your potential sponsor that their business income and/or results are none of your business, you should pack up your bags and run!

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