A comment left by an anonymous site visitor:
"I love Amway. I just don't understand why people have to be negative about it. I don't hurt or steal from anyone yet I make money. I'm not a millionaire as of yet but working towards that goal. It's called "millionaire mentality". Joecool you will never succeed with penny mentality."
Joecool's commentary:
Most diamonds do not have a millionaire mentality. If you see how they spend money and how they flaunt excessive wealth, I see people who could win the power ball lottery and wind up broke. They might earn a nice income (even if it may come by lying and deceiving), but they spend it all, and possibly more by portraying the diamond lifestyle. In my opinion, the diamond lifestyle as portrayed in functions such as "dream night" are not sustainable. For this reason, we have now seen some evidence of this such as a triple diamond in bankruptcy proceedings, diamonds losing homes to foreclosures. We are seeing diamonds selling their mansions. Sure, they might be downsizing or liquidating their assets, but if these homes have been paid in cash as they claim, why sell them in a bad real estate market? Why not wait a few years?
In the past, I have posted some articles showing the traits and characteristics of millionaires. Many of these articles cite saving, investing, and living below your means. Many wealthy people drive regular everyday cars and live in the suburbs. They don't commonly have Porsches, and Jaguars. And for the record, the average diamond income, as reported by Amway, isn't all that much when you factor in business expenses and taxes. So why do diamonds try to show off wealth?
I believe diamonds show off wealth because it is a way to attract recruits. Because the Amway opportunity has a high turnover rate, nobody can reasonably "walk away" from their business and have cash rolling in for long. Attrition would eat away your business in a matter of days or weeks. It is why I believe diamonds do not walk away from their businesses, because they can't afford to. The business requires constant attention, or it will crumble faster than stale cookies.
Most IBOs are simply fooled into thinking they are developing into having a millionaire mentality. An honest question for IBOs. How do you even know if your upline diamond is a millionaire? Anyone, even a broke guy can wear a nice suit and show off pictures of mansions and sports cars. For that matter, how do you know if your upline diamond is currently qualified as a diamond? Amway doesn't release that information except for new pins.
In my opinion, diamond's displays of excessive wealth and luxury portrays something, but it's not the millionaire mentality.
The Diamond display of wealth is purely propagandistic. It's designed to attract new IBOs into the business, which is why the AMO subsystems place such a big emphasis on attending the "functions" where Diamonds make their long boring speeches about how rich they are, and how you can be that way too.
ReplyDeleteJoe Cool is quite correct when he says that no Amway Diamond can afford to "retire." As soon as you stop maintaining your huge down-line of IBOs, the attrition from dropouts will shrink your income markedly. You have to replace those dropouts constantly, since the turnover in Amway is very great. Many IBOs quit after a few months, or a year. If you can't replace them, the money coming up-line to you will be smaller and smaller every month. This is why so many Amway Diamonds retain the title, but it is meaningless because they have actually fallen out of qualification for it.
You can't retire from Amway, because there is no "residual income" in it. And Amway has made this clear officially, even though the liars and propagandists in the various AMO subsystems keep telling this to potential recruits.