So many people get caught up in hype about Amway. Perhaps not from Amway the company, but the Amway groups leaders such as WWDB, N21, or BWW. They may present themselves as the ultra rich, or you may be shown pictures of wealth such as jets, mansions and nice cars and jewelry. Amwayers dress up in suits and business attire. It is all to give prospects the illusion of success when the reality is a stark contrast. I remember as an IBO, seeing all kinds of IBOs driving clunkers to the meetings but dressed up in a nice suit. But the reality was cars on their last legs and (probably) car payments. These nice folks were probably just misled that Amway's opportunity could lead them out of debt, or they could earn enough for their wives to be "job optional" or they might even make enough to walk the beaches of the world while residual income rolls in. The audiences see hope, but it is false hope.
That fact is that IBOs on average earn a gross income of about $100 a month. Amway says the average income of IBOs is $204. But their small print also says only 46% of IBOs are considered active, and therefore, Amway did not count inactive IBOs. So that representation is not a true "average". I might also add that the $204 is gross income, and IBOs who attend functions and purchase voicemail and cds are more than likely operating at a net loss.Amway presenters also like to talk about the money you can save by shopping with Amway. The fact is that you can get a great deal more value (and products) by shopping at Walmart or Costco. Some Amwayers will say that Walmart doesn't sell Amway products, and while that is true, Walmart does sell some similar or same products which will almost always be cheaper than obtaining them from an IBO. I can't imagine that laundry soap or shampoo would be cheaper through Amway. In past price comparisons that I posted, you can get up to 4 times more product for the same price. This is very plausible when you factor in the real money added to Amway's cost because of the IBO bonuses that they pay. That's not to say that you can't find a single Amway product that might be competitive, but overall, there is no comparison. If you use a cashback credit card like I do, then you too, can be "paid" for shopping at Walmart or Costco.
It is also a fact that diamonds are not the care free uber wealthy people they would lead you to believe they are. As time passes, we see examples of former and current diamonds who spoke of their incomes and in some cases, foreclosures and bankruptcy also revealed through public documents, some background on what a diamond might earn and spend. It is my educated guess that many diamonds, if they try to keep up with the Joneses, are in financial difficulty. Ask your diamond for the facts. In real business, financials are verified, but alas, diamonds and Amway presenters are secretive about their income. Because they don't want you to see the facts? '
1 comment:
Let's get something clear first of all. What we call "the facts" are really of no importance to businessmen in any field. Their only interest is profit, and the increase of their customer base. Therefore they have no shame at all in covering up facts, or distorting them, or contradicting them. Whatever is "good for business" is their sacred rule of judgment. If they get away with lying, so much the better.
The Amway people are no different. They simply run their operation on the principle that favorable public perception is more important than anything else when you're in business, and so-called "facts" (no matter how valid or true) can be denied or explained away, and that this is "good and acceptable business practice."
I once heard a businessman explain it this way: 'We're in a game, just like football of basketball. If we do something wrong or against the rules, it's
up to the referees to call a foul on us. If they fail to make that call there is no foul, legally speaking. We have acted properly."
The only places where fouls are being called on Amway practices are the anti-Amway and anti-MLM websites like this one. But websites have no legal power or authority to make Amway act any different from any other business. The best we can do is wreck Amway's reputation, and put a crimp in their recruitment of new IBOs. We've actually done that, since Amway's recruitment in North America is now practically dead.
All businesses act this way, so there is no reason to expect Amway to be any different.
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