One thing that many Amway/WWDB IBOs tout is how their upline teaches them to get out of debt. While on the surface that sounds like an awesome thing to do, it's not what WWDB mentors are actually doing. They want to give the appearance that they have your best interest in mind and that they want you to succeed. At least that's what they want you to think. Sadly, many IBOs get sucked into believing this. I will go on to explain why this is and to give prospects and information seekers some food for thought.
If you have an open mind, you will see my point. Prior to someone joining Amway, they most likely didn't buy any Amway products and certainly didn't focus on spending about $200 to $300 monthly on buying household products, especially if they are single people. So how is buying more stuff than you used to, supposed to help you get out of debt? All you are really doing is sacrificing things you used to enjoy to spend on Amway stuff. If you actually made a net profit from your Amway business, that might be okay. But most IBOs are making nothing or losing money while being taught to never quit or that success is right around the corner.
If your upline or mentor is teaching you to get out of debt, are they also advising you to invest any "extra" money into investments? Are they teaching you to plan for the future, in case the Amway business doesn't pan out? Are they advising you to save money? More than likely, the answer is "no".
Your upline will be advising you to use any money you have available to invest in tools and functions. WWDB premiere club, download audios (at a charge), standing orders book of the month and attend all functions. You will be advised to do this even if your business has not made a cent in profit. But you say your sponsor or upline loans you tools and pays for your functions? That might be true, but guess what? Once you sponsor someone, you will be the one loaning tools (that you paid for) and/or paying for your downline's functions because with a downline, you are now a "real business owner". It's amazing how so many people get fools into believing that upline wants you out of debt for your own good. Upline wants to out of debt for upline's good. For that reason, you might be told to get to the next big function at any cost, no matter what. That your business will be set back months or years if you miss it. The reality is missing a big function might be your wisest financial decision.
Your upline may want you out of debt, but they more than likely have their own interest at heart and not yours. Look at it objectively and ask your trusted friends who are not in Amway what they believe. This is advice from someone who has no reason to lead anyone astray. I experienced this and fell for the trick as a young and hopeful dreamer. Now I am hopeful that my experience can prevent others from falling into the trap that I fell into.
Tuesday, July 31, 2018
Monday, July 30, 2018
How Your Upline Gets Wealthy?
A recent comment left on my blog inspired this article. The comment was that basically, IBO's are "donating" to their upline on a monthly basis. You start by donating upline in the form of monthly purchases. Your 100 PV is roughly equal to $300 and most of the bonus generated by that volume goes somewhere upline. This will go on forever until you either quit and stop buying, or unless you somehow manage to sponsor enough downline who will then "donate" to you.
If you attend those open meetings, you are again donating to the upline's coffers. As an IBO, I was strongly encouraged to attend these meetings even if I had no new prospects to bring. And of course, there was an entrance fee at the door. I don't think this was a major profit center but still, a room with perhaps 1000 attendees = $6000 collected and a room with chairs and a speaker doesn't cost that much for an evening.
If you purchase standing orders, you are donating to your upline on a weekly basis. If the upline can reproduce audios for 50 cents or even a dollar a piece, this is a very healthy profit center. Also, most upline recommend that you listen to a cd/audio each day, thus you need to purchase some additional audios/cds in addition to the standing orders.
Voicemail and book of the month are also monthly donations. Who in the world needs voicemail these days? But uplines still recommend it as they make some serious coin from it. The book of the month might have some value but the uplines are still making profits from these. Think about it, these diamonds claim they want your success but they make you pay for just about any help you receive, regardless of whether that help is beneficial to your business or not. By Amway rules, your sponsor is supposed to train and motivate you free of charge.
The regional and major functions are like the monthly fund raisers for the diamonds. Major functions can have thousand or tens of thousands of people in attendance. If they pay $100 (or more) each, it is a serious money maker for upline. A convention center or arena has costs in running events but those costs (while they vary) might be $10 to $25 per person. The rest is pure profit for the diamonds.
All in all, the profit margin is much higher for these tools and functions than from Amway products. Thus it's perfectly reasonable to think that the diamonds can make much more money from selling tools than from Amway itself. For groups where current qualifications are not required for a cut of the tools, these diamonds might make nearly all of their money from tools and functions. It's more like a diamond fundraiser than a function to help IBO's. Afterall, who gets the biggest financial benefit from the tools and functions? The diamonds or the IBO's?
If you attend those open meetings, you are again donating to the upline's coffers. As an IBO, I was strongly encouraged to attend these meetings even if I had no new prospects to bring. And of course, there was an entrance fee at the door. I don't think this was a major profit center but still, a room with perhaps 1000 attendees = $6000 collected and a room with chairs and a speaker doesn't cost that much for an evening.
If you purchase standing orders, you are donating to your upline on a weekly basis. If the upline can reproduce audios for 50 cents or even a dollar a piece, this is a very healthy profit center. Also, most upline recommend that you listen to a cd/audio each day, thus you need to purchase some additional audios/cds in addition to the standing orders.
Voicemail and book of the month are also monthly donations. Who in the world needs voicemail these days? But uplines still recommend it as they make some serious coin from it. The book of the month might have some value but the uplines are still making profits from these. Think about it, these diamonds claim they want your success but they make you pay for just about any help you receive, regardless of whether that help is beneficial to your business or not. By Amway rules, your sponsor is supposed to train and motivate you free of charge.
The regional and major functions are like the monthly fund raisers for the diamonds. Major functions can have thousand or tens of thousands of people in attendance. If they pay $100 (or more) each, it is a serious money maker for upline. A convention center or arena has costs in running events but those costs (while they vary) might be $10 to $25 per person. The rest is pure profit for the diamonds.
All in all, the profit margin is much higher for these tools and functions than from Amway products. Thus it's perfectly reasonable to think that the diamonds can make much more money from selling tools than from Amway itself. For groups where current qualifications are not required for a cut of the tools, these diamonds might make nearly all of their money from tools and functions. It's more like a diamond fundraiser than a function to help IBO's. Afterall, who gets the biggest financial benefit from the tools and functions? The diamonds or the IBO's?
Friday, July 27, 2018
What Profits?
I find it humorous when so many Amway IBOs talk about their anecdotal stories of success, or talk about how their system teaches a foolproof way of succeeding in Amway. Yet I have not seen a single IBO who was willing to describe their business structure or talk about how they progressed from zero PV into a profitable structure. Amway's biggest defender, David Steadson AKA IBOfightback is a good example of someone who can talk a good game but cannot back it up with evidence of any success in Amway. In fact, where is David Steadson these days? Looks like he's finally dropped out of the Amway debate.
Back in my IBO days, WWDB leaders would teach that someone who could talk a good game was a teacher, and not a doer. Many IBOs may have a good theory about how to build a business but evidence clearly shows that it is talk and not action. One specific example is how an IBO is supposed to find 20 customers who each buy 20 PV from an IBO. Nobody I know of or heard of has ever had 20 customers who regularly purchase the equivalent of 20 PV each month consistently. Sure, there might be some rare IBO who does a lot of sales, but given Amway's less than competitive prices, most IBOs likely have sympathetic family and friends as their primary customers, if they have any customers. It's difficult to sell generic types of products for premium prices.
Based on my observations, most IBOs have a small business, unable to sponsor enough downline to move any significant volume. They faithfully self consume 100 PV and do most of the CORE steps, except for being able to consistently show the plan and sponsor downline. Why is this? It is because the Amway reputation is stained and getting people to see the plan is an enormous challenge by itself, not taking into consideration that sponsoring is even harder. If you are reading this blog and you can relate to what you see here, perhaps you need to re-think your business situation and ask your sponsor some tough questions. If your Amway business is not progressing as they show in the plan, when will it ever? Or what will you change if your upline's teaching is not helping you progress? Your upline might say "never quit", but sometimes a wise business decision is to quit and do something else. That's not quitting on your dreams, but simply finding a better venue to achieve them.
Now this leads to another question. Other than flashing a photocopy of someone's diamond bonus or the like, has your sponsor or anyone upline actually showed evidence of a profit in Amway? If you asked, what response did you receive? When I asked my sponsor about profit, I was told it was "none of my business". I believe that someone who is asking you to follow their system, which is not free, should be tasked with providing this information. If your upline teaches submission to upline, even more so you should demand to see results. If your upline refuses to show evidence of a profit, why should you follow their advice?
If your upline or sponsor refuses to show you evidence of profit, it should send up red flags all over the place. Maybe, just maybe, the critics of Amway are onto something.
Back in my IBO days, WWDB leaders would teach that someone who could talk a good game was a teacher, and not a doer. Many IBOs may have a good theory about how to build a business but evidence clearly shows that it is talk and not action. One specific example is how an IBO is supposed to find 20 customers who each buy 20 PV from an IBO. Nobody I know of or heard of has ever had 20 customers who regularly purchase the equivalent of 20 PV each month consistently. Sure, there might be some rare IBO who does a lot of sales, but given Amway's less than competitive prices, most IBOs likely have sympathetic family and friends as their primary customers, if they have any customers. It's difficult to sell generic types of products for premium prices.
Based on my observations, most IBOs have a small business, unable to sponsor enough downline to move any significant volume. They faithfully self consume 100 PV and do most of the CORE steps, except for being able to consistently show the plan and sponsor downline. Why is this? It is because the Amway reputation is stained and getting people to see the plan is an enormous challenge by itself, not taking into consideration that sponsoring is even harder. If you are reading this blog and you can relate to what you see here, perhaps you need to re-think your business situation and ask your sponsor some tough questions. If your Amway business is not progressing as they show in the plan, when will it ever? Or what will you change if your upline's teaching is not helping you progress? Your upline might say "never quit", but sometimes a wise business decision is to quit and do something else. That's not quitting on your dreams, but simply finding a better venue to achieve them.
Now this leads to another question. Other than flashing a photocopy of someone's diamond bonus or the like, has your sponsor or anyone upline actually showed evidence of a profit in Amway? If you asked, what response did you receive? When I asked my sponsor about profit, I was told it was "none of my business". I believe that someone who is asking you to follow their system, which is not free, should be tasked with providing this information. If your upline teaches submission to upline, even more so you should demand to see results. If your upline refuses to show evidence of a profit, why should you follow their advice?
If your upline or sponsor refuses to show you evidence of profit, it should send up red flags all over the place. Maybe, just maybe, the critics of Amway are onto something.
Thursday, July 26, 2018
Better Than Amway?
One of the silly comments I often receive on this blog is that Joecool should offer suggestions about what might be better than Amway since I make comments that are seen as critical against the Amway opportunity. First of all, I would like to make clear that most of my point of contention is against the tools companies and not Amway itself. Having said that, I believe Amway can and should have done more to prevent IBO abuse by upline and tool selling companies. But I believe Amway has not because the uplines are the ones who recruit new IBOs and teach (defacto) 100 PV quotas to new IBOs, thus keeping Amway sales consistent. Uplines also teach product loyalty.
But what can be better than Amway? Well, since most IBOs earn (gross) less than $25 a month, there are many things better than Amway. Working part time for a wage would be more beneficial to most people who get involved in Amway. Buying and selling items for a profit on Ebay is likely to get you more income than selling Amway products. Heck, a lemonade stand on the roadside is likely to get you more income than an Amway business. Even staying home and watching TV is better for most people instead of building Amway because watching TV has no business expenses.
What makes the Amway business financially dangerous to many, is not necessarily Amway and Amway products, but the involvement in Amway training such as voicemail, standing orders, functions and other materials. This training is promoted as the key to Amway success, but as far as I know, there is ZERO unbiased documented evidence that any of this materials work. In my old LOS, Worldwide Dream Builders, or WWDB, the same leaders I saw more than 10 years ago are still there and there are very few new diamonds that I know of. I would guess that there were "some" new diamonds, but there are also many diamonds who are no longer in business. Kind of makes me wonder why diamonds would quit or resign from Amway if they could "walk away" and continue to collect "residual income". Perhaps this residual income is a myth prepetuated by your LOS. Afterall, Amway doesn't mention anything about residual income and I'm certain they would mention it if it were an actual benefit of being an IBO.
What is really discouraging is that so many eager and motivated people get caught up thinking their financial dreams and goals will be achieved by their involvement with the Amway opportunity. Sadly, most will end up losing money because of the very training that was supposed to bring them success! Even the fiercest of Amway defenders have no documented proof of success. It appears that Amway success is elusive even to the most dedicated of IBOs. I have been running this blog (and another blog previously) going back to 2006. Many people have commented and came and gone, some making big claims that they will go diamond and come back to rub my face in it. Not a single IBO has returned with any evidence of achievements from Amway in all these years.
So what's better than the Amway opportunity? Seems just about anything. In fact if you are involved in the training system, donating $100 a month to charity and doing nothing else would make you better off financially than particpating in Amway and the related training. Doing nothing would make you better off. Watching football games would also likely make you better off financially than Amway and the training systems. My recommendation (but you must make your own decision) is to simply find part time work and invest your extra income wisely. It isn't quick or flashy, but you are likely to benefit long term. Of course, your mileage may vary. Good luck on whatever you choose to do.
But what can be better than Amway? Well, since most IBOs earn (gross) less than $25 a month, there are many things better than Amway. Working part time for a wage would be more beneficial to most people who get involved in Amway. Buying and selling items for a profit on Ebay is likely to get you more income than selling Amway products. Heck, a lemonade stand on the roadside is likely to get you more income than an Amway business. Even staying home and watching TV is better for most people instead of building Amway because watching TV has no business expenses.
What makes the Amway business financially dangerous to many, is not necessarily Amway and Amway products, but the involvement in Amway training such as voicemail, standing orders, functions and other materials. This training is promoted as the key to Amway success, but as far as I know, there is ZERO unbiased documented evidence that any of this materials work. In my old LOS, Worldwide Dream Builders, or WWDB, the same leaders I saw more than 10 years ago are still there and there are very few new diamonds that I know of. I would guess that there were "some" new diamonds, but there are also many diamonds who are no longer in business. Kind of makes me wonder why diamonds would quit or resign from Amway if they could "walk away" and continue to collect "residual income". Perhaps this residual income is a myth prepetuated by your LOS. Afterall, Amway doesn't mention anything about residual income and I'm certain they would mention it if it were an actual benefit of being an IBO.
What is really discouraging is that so many eager and motivated people get caught up thinking their financial dreams and goals will be achieved by their involvement with the Amway opportunity. Sadly, most will end up losing money because of the very training that was supposed to bring them success! Even the fiercest of Amway defenders have no documented proof of success. It appears that Amway success is elusive even to the most dedicated of IBOs. I have been running this blog (and another blog previously) going back to 2006. Many people have commented and came and gone, some making big claims that they will go diamond and come back to rub my face in it. Not a single IBO has returned with any evidence of achievements from Amway in all these years.
So what's better than the Amway opportunity? Seems just about anything. In fact if you are involved in the training system, donating $100 a month to charity and doing nothing else would make you better off financially than particpating in Amway and the related training. Doing nothing would make you better off. Watching football games would also likely make you better off financially than Amway and the training systems. My recommendation (but you must make your own decision) is to simply find part time work and invest your extra income wisely. It isn't quick or flashy, but you are likely to benefit long term. Of course, your mileage may vary. Good luck on whatever you choose to do.
Wednesday, July 25, 2018
The Illusion Of Amway Wealth?
One of the things my upline taught us ad nauseum was that we needed to have faith in our business and in our upline. That we needed to believe that we were going to be successful. IBOs are told that they should act successful even if they are still working their way up the ranks in the business. It is why they ask (require) IBOs to wear suits and business attire to all meetings and functions. This is one of the weird quirks about the business in my opinion. I live in Hawaii and I remember a function they held in the middle of July in a high school auditorium and there was no air conditioning. I think my suit needed special cleaning because it was completely saturated with perspiration.
Anyway, with this part of the year, soon there will be tens of thousands of IBOs shuffling off to a function called family reunion, or in some cases, summer conference. The tickets are about $250 to $300 or so and might require travel plus hotels and rental cars depending on where you live. What IBOs are often unaware of is that many venues will allow you to run these conferences for greatly discounted prices. The rest of that ticket prices goes directly into your upline's pockets. Anyway, the function will feature slide shows of mansions, yachts, jet skis, sports cars, fabulous vacations and other trappings of wealth. The speakers will generally be the same old diamonds and/or emeralds. WWDB has very few new diamonds and emeralds so if you've been around for a while, you see the same old speakers function after function.
What many IBOs don't realize is that this display of wealth is just that. There is no bonafide evidence to indicate that these diamonds actually own all of those toys and goodies. The diamonds probably won't verbally confirm it either, because these toys and goodies may not really be owned by them. It could be rented, or maybe some upline crown ambassador may own the mansion, but IBOs will assume that these trappings of wealth are common once you reach diamond. As an IBO, I never actually knew how much a diamond really earned. I just assumed it was a lot because we were shown all of these luxuries and just assumed all diamonds had these kinds of lifestyles. It was certainly implied that all diamonds were "free" with fabulous lifestyles. But I now suspect that diamonds live middle class lives although you could try to argue that they don't have to work 9-5.
If I posted a picture of a mansion and a jet and said I owe it all to my earnings as a blogger, people would cry foul, that I am lying or making things up. And they would be right. Well, I would guess that many diamonds are doing the very same thing if they appear on stage and implying that they have jets and mansions and a fleet of sports cars. As I said, someone may own a mansion and/or a jet, but to imply that this is a part of the typical diamond lifestyle is a stretch. The evidence is there. Some diamonds have lost their homes to foreclosure. My old LOS diamonds (WWDB) taught us that diamonds pay cash for everything, including homes. Now confirmed as a blatant lie. Who knows what else they may have misrepresented?
I ask IBOs and prospects who may be attending any big and hyped function, to watch with a critical eye. What is being implied with the display of wealth? Analyze if those luxuries can be purchased with a diamond income ($150,000 plus some tool income). Ask yourself if this lifestyle is truly sustainable? Ask yourself if you can live with yourself if deception is a part of earning your diamond lifestyle?
Anyway, with this part of the year, soon there will be tens of thousands of IBOs shuffling off to a function called family reunion, or in some cases, summer conference. The tickets are about $250 to $300 or so and might require travel plus hotels and rental cars depending on where you live. What IBOs are often unaware of is that many venues will allow you to run these conferences for greatly discounted prices. The rest of that ticket prices goes directly into your upline's pockets. Anyway, the function will feature slide shows of mansions, yachts, jet skis, sports cars, fabulous vacations and other trappings of wealth. The speakers will generally be the same old diamonds and/or emeralds. WWDB has very few new diamonds and emeralds so if you've been around for a while, you see the same old speakers function after function.
What many IBOs don't realize is that this display of wealth is just that. There is no bonafide evidence to indicate that these diamonds actually own all of those toys and goodies. The diamonds probably won't verbally confirm it either, because these toys and goodies may not really be owned by them. It could be rented, or maybe some upline crown ambassador may own the mansion, but IBOs will assume that these trappings of wealth are common once you reach diamond. As an IBO, I never actually knew how much a diamond really earned. I just assumed it was a lot because we were shown all of these luxuries and just assumed all diamonds had these kinds of lifestyles. It was certainly implied that all diamonds were "free" with fabulous lifestyles. But I now suspect that diamonds live middle class lives although you could try to argue that they don't have to work 9-5.
If I posted a picture of a mansion and a jet and said I owe it all to my earnings as a blogger, people would cry foul, that I am lying or making things up. And they would be right. Well, I would guess that many diamonds are doing the very same thing if they appear on stage and implying that they have jets and mansions and a fleet of sports cars. As I said, someone may own a mansion and/or a jet, but to imply that this is a part of the typical diamond lifestyle is a stretch. The evidence is there. Some diamonds have lost their homes to foreclosure. My old LOS diamonds (WWDB) taught us that diamonds pay cash for everything, including homes. Now confirmed as a blatant lie. Who knows what else they may have misrepresented?
I ask IBOs and prospects who may be attending any big and hyped function, to watch with a critical eye. What is being implied with the display of wealth? Analyze if those luxuries can be purchased with a diamond income ($150,000 plus some tool income). Ask yourself if this lifestyle is truly sustainable? Ask yourself if you can live with yourself if deception is a part of earning your diamond lifestyle?
Monday, July 23, 2018
You Can't Buy Yourself To Profitability!
I've been having an ongoing debate with a brainwashed WWDB IBO. He tells me and it's clear that he's convinced that buying from himself is a good business concept. WWDB leaders apparently like this buy from yourself concept because most people do not like to sell things. So it's sounds fairly benign to just buy from yourself and get others to do the same, or to duplicate you. That way, an IBO can still reach their 100 PV defacto quota but not have to become uncomfortable in selling Amway stuff.
But how do you profit by purchasing your own stuff? The Amway IBO says it's easy. He buys wholesale from Amway, and charges himself retail and keeps the difference. Thus he considers it a nice profit. After picking up my jaw from the floor, I asked him why he doesn't just buy 200,000 PV or whatever it is to go platinum or diamond? Of course I'm speaking rhetorically but the Amway IBO doesn't answer and starts calling be a broke loser. Seems when Amway folks run out of material to debate with, the personal insults come out.
So let's take a real life example but for the sake of easy math, I'm going to use round numbers to make it clear and easy. Let's say an IBO has $10. He buys an energy drink from Amway (called XS) for the wholesale price of $2 a cam. He now has a can of XS to drink and $8 change. Still following me? So let's say an Amway IBO buys from Amway wholesale and charges himself retail. He starts with $10 and buys a can of XS for $2. But he charges himself full retail price of $4. So now this IBO has a can of XS and $6, plus a $2 profit which is taxable income. In which case are you better off? Easy, in the first scenario because you have a can of XS and $8. In my second scenario, you also have a can of XS, plus $8. But out of that $8, $2 is taxable.
When you buy from yourself, any "profit" you made, is simply transferring money from one pocket to another. Without any real outside customers, you have in reality, no profits. Thus the buy from yourself theory is ridiculous. Can you imagine any situation where a store relies on its sales force primarily for it's sales? Only in Amway, which is why the vast majority of Amway IBOs make nothing or lose money. Actual stores rely on customers. For Amway, it appears that their customers are the Amway IBOs themselves.
The bottom line is that no store or business can buy themselves to profitability and you are seriously fooling yourself if you think you can.
But how do you profit by purchasing your own stuff? The Amway IBO says it's easy. He buys wholesale from Amway, and charges himself retail and keeps the difference. Thus he considers it a nice profit. After picking up my jaw from the floor, I asked him why he doesn't just buy 200,000 PV or whatever it is to go platinum or diamond? Of course I'm speaking rhetorically but the Amway IBO doesn't answer and starts calling be a broke loser. Seems when Amway folks run out of material to debate with, the personal insults come out.
So let's take a real life example but for the sake of easy math, I'm going to use round numbers to make it clear and easy. Let's say an IBO has $10. He buys an energy drink from Amway (called XS) for the wholesale price of $2 a cam. He now has a can of XS to drink and $8 change. Still following me? So let's say an Amway IBO buys from Amway wholesale and charges himself retail. He starts with $10 and buys a can of XS for $2. But he charges himself full retail price of $4. So now this IBO has a can of XS and $6, plus a $2 profit which is taxable income. In which case are you better off? Easy, in the first scenario because you have a can of XS and $8. In my second scenario, you also have a can of XS, plus $8. But out of that $8, $2 is taxable.
When you buy from yourself, any "profit" you made, is simply transferring money from one pocket to another. Without any real outside customers, you have in reality, no profits. Thus the buy from yourself theory is ridiculous. Can you imagine any situation where a store relies on its sales force primarily for it's sales? Only in Amway, which is why the vast majority of Amway IBOs make nothing or lose money. Actual stores rely on customers. For Amway, it appears that their customers are the Amway IBOs themselves.
The bottom line is that no store or business can buy themselves to profitability and you are seriously fooling yourself if you think you can.
Your Amway Business Vital Signs?
When you drive a car, you have instruments on your dashboard that let you know how your car is running and possibly whether you need repairs. For example, you have a gas gauge so you know when to refill the gas tank. You may have a oil pressure gauge, tire pressure, and an indicator to show how warm or cool your engine is running. My car has a light that comes on when I need to change the oil or service the engine.
Your Amway business also has some gauges. Unfortunately, many IBOs are taught by upline to ignore these indicators or made to think that warning signs are not to be heeded. I will explain further, but I believe too many IBOs see the signs, but simply have been trained to ignore these vital warning signs.
Selling products. Are you buying more PV than you are selling? I believe most IBOs do. No business can sustain itself without selling to customers. Why IBOs think they can succeed without customers is because of bad upline advice or teaching. Some of the teaching might be to "buy from yourself". When you buy from yourself, you make no profits. Basically, buying from yourself just makes you a customer of Amway.
Non income producing activity. If you spend a lot of time listening to standing orders, reading books, attending meetings and prospecting people, these activities do not produce any income. In fact these activities cost you money. Sure, eventually prospecting may pay off, but are you getting a fair return on your time and money spent doing these activities? If you pay for standing order but are unable to do more than 100 or 200 PV, then your business is not even covering the cost of standing order, not to mention the other costs that your upline may have told you was "needed".
Tools. If your expenditure on tools (cds/meetings/voicemail/website fees) continually exceeds your monthly income, you need to take a look at what it will take in order for your business income to grow. If not, you will simply take a loss month after month. If you are not sponsoring or finding more customers every single month, you are simply running in place and you will expend energy (money) and not get anywhere.
Are you showing the plan? If you are having trouble finding people to see the plan, then you will be unable to sponsor enough people to expand your volume. Also, an inability to show the plan also restricts your ability to recruit potential customers. Do people flinch when you mention Amway? These are signs that should warn you that the opportunity is not palatable to most people, despite what you hear from upline.
The warning signs and gauges are there. IBOs simply need to believe their own eyes.
Your Amway business also has some gauges. Unfortunately, many IBOs are taught by upline to ignore these indicators or made to think that warning signs are not to be heeded. I will explain further, but I believe too many IBOs see the signs, but simply have been trained to ignore these vital warning signs.
Selling products. Are you buying more PV than you are selling? I believe most IBOs do. No business can sustain itself without selling to customers. Why IBOs think they can succeed without customers is because of bad upline advice or teaching. Some of the teaching might be to "buy from yourself". When you buy from yourself, you make no profits. Basically, buying from yourself just makes you a customer of Amway.
Non income producing activity. If you spend a lot of time listening to standing orders, reading books, attending meetings and prospecting people, these activities do not produce any income. In fact these activities cost you money. Sure, eventually prospecting may pay off, but are you getting a fair return on your time and money spent doing these activities? If you pay for standing order but are unable to do more than 100 or 200 PV, then your business is not even covering the cost of standing order, not to mention the other costs that your upline may have told you was "needed".
Tools. If your expenditure on tools (cds/meetings/voicemail/website fees) continually exceeds your monthly income, you need to take a look at what it will take in order for your business income to grow. If not, you will simply take a loss month after month. If you are not sponsoring or finding more customers every single month, you are simply running in place and you will expend energy (money) and not get anywhere.
Are you showing the plan? If you are having trouble finding people to see the plan, then you will be unable to sponsor enough people to expand your volume. Also, an inability to show the plan also restricts your ability to recruit potential customers. Do people flinch when you mention Amway? These are signs that should warn you that the opportunity is not palatable to most people, despite what you hear from upline.
The warning signs and gauges are there. IBOs simply need to believe their own eyes.
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