One of the things I saw and I believe is still taught today, is that Amway recruiters will talk about people's jobs and how you can only earn what the job is worth, and not what you are worth. Then they tell you to join the Amway business as a means to rectify that situation.
When you stop and really think twice about this, you have to wonder. If your employer doesn't pay you what you think you deserve, you are welcome to offer your services to a higher bidder. If you are unable to find a higher bidder, then you either need to increase what you have to offer, or you have overestimated your value as an employee. But at least as an employee, you have a paycheck that you can depend on, and more than likely, you know when your paydays are.
Now you get excited about being a business owner. Are you now paid what you're worth? Or at least, are you on your way to being paid what you are worth? Have you even asked or thought about what you are worth? Most IBOs, not counting the ones who "do nothing". end up moving 100 PV and getting $10 back from Amway. If they are on the system, they are likely to have spent over $100 a month to participate. Are you now "paid what you are worth?". You are in the negative, and even adding some downline is unlikely to change your situation significantly.
When you spend about $300 to make 100 PV, Amway gets paid. When you earn your 100 PV, Amway will give back about $75 in bonus money. Middle men in your upline take about $65, leaving you with $10. Are you paid what you are worth? Who did the work and who got the lion's share of the reward?
Let's say you worked really hard for a couple of years. You finally reach platinum and you earn $50,000 (before taxes). After taxes and business expenses, let's say you net $25,000. Have you now earned what you are worth? A platinum is in the top 1% of all IBOs and they net maybe $25,000 to $30,000. Are they paid what they are worth? If you can't answer yes to any of these questions, you have to ask yourself if the whole thing is worth it?
Friday, July 31, 2009
Tuesday, July 28, 2009
Amway Global - Myth - Shop With Amway And Save 30%?
One of the things I saw at an Amway presentation, and I believe many still tout this, that shopping with Amway will save you 30%. Of course, I have yet to see any price comparisons to verify this claim. In fact, I believe if you made an opposite claim, that shopping with Amway costs you 30% more, that would probably be more accurate. I believe that Amway recruiters make this claim because to the audience, it only makes sense to join Amway because you will save 30%. Unfortunately, it is a recruiting tactic. Simply walk down the aisles at Walmart and tell the audience with a straight face that you will save 30% on average, but purchasing from Amway instead of WalMart. WalMart boldly makes a claim that families shopping there regularly will save $2500 a year, which is more than the average IBO earns. Amway makes no such claim that I know of. I believe this is an LOS recruiting trick.
If you stop and think about it, Amway must charge at least 30% or more on top of their overhead and profit in order to pay the IBO bonuses. I sincerely doubt that Amway suffers losses to pay out bonuses. Add in shipping and the cost goes up. I believe that the save 30% by shopping with Amway is a myth. If not, I challenge IBOs to put forth a reasonable price comparison to prove me wrong.
If you stop and think about it, Amway must charge at least 30% or more on top of their overhead and profit in order to pay the IBO bonuses. I sincerely doubt that Amway suffers losses to pay out bonuses. Add in shipping and the cost goes up. I believe that the save 30% by shopping with Amway is a myth. If not, I challenge IBOs to put forth a reasonable price comparison to prove me wrong.
Wednesday, July 15, 2009
Amway Global - Why Do So Many IBOs Quit?
Someone posed this question on another blog so I thought I would address it here.
Why do so many IBOs quit? To me, the answer is very obvious. Because what Amway recruiters promote rarely comes true.
Many Amway recruiters discuss a "shortcut" to retirement, fabulous toys, mansions, cars and early retirement. They show an unrealistic model of how Amway works. Just sponsor 6 who sponsor 4 who sponsor 2 and everyone does 100 PV and in 2-5 years you will be a diamond making well over $100,000 a year which will roll in forever while you sit on a beach sipping exotic drinks. Okay, maybe I made it sound a little better than how some presenters show the plan, but still, many prospects really believe they will be financially free in a few years and living on easy street happily ever after.
But once the registration kit is busted, then the new IBO realizes that 100 PV may cost up to $300 a month. Attending meetings and finding people to show the plan is hard, especially when past IBOs may have tricked people into attending a meeting, or lied about the Amway opportunity. The cost of standing order and functions starts to mount. The IBO then starts to realize, that what he/she joined for was more time and money, ironically is what they have less of once they get involved in Amway, particularly if they are participating in a "system" such as BWW, WWDB, or N21.
This IBO then realizes that the good life they though was within their grasp really isn't. Then they quit. Now many IBOs sign up and do nothing. These folks don't usually have a complaint as they got what they put into the deal. But many worked the system hard only to not get any tangible rewards. Some disappear into the nite, and some come back to comment or blog about their experiences.
But the bottom line is that so many IBOs quit because, in my informed opinion, the Amway prices are generally too high, the reputation of Amway precedes itself and makes recruiting downline next to impossible, and the ongoing cost of the system starts to become a drain on the family finances, not to mention the time spent away from family and friends in order to attend meetings, plans, functions, etc.
The system doesn't work, so they quit. It's as clear as crystal to me.
Why do so many IBOs quit? To me, the answer is very obvious. Because what Amway recruiters promote rarely comes true.
Many Amway recruiters discuss a "shortcut" to retirement, fabulous toys, mansions, cars and early retirement. They show an unrealistic model of how Amway works. Just sponsor 6 who sponsor 4 who sponsor 2 and everyone does 100 PV and in 2-5 years you will be a diamond making well over $100,000 a year which will roll in forever while you sit on a beach sipping exotic drinks. Okay, maybe I made it sound a little better than how some presenters show the plan, but still, many prospects really believe they will be financially free in a few years and living on easy street happily ever after.
But once the registration kit is busted, then the new IBO realizes that 100 PV may cost up to $300 a month. Attending meetings and finding people to show the plan is hard, especially when past IBOs may have tricked people into attending a meeting, or lied about the Amway opportunity. The cost of standing order and functions starts to mount. The IBO then starts to realize, that what he/she joined for was more time and money, ironically is what they have less of once they get involved in Amway, particularly if they are participating in a "system" such as BWW, WWDB, or N21.
This IBO then realizes that the good life they though was within their grasp really isn't. Then they quit. Now many IBOs sign up and do nothing. These folks don't usually have a complaint as they got what they put into the deal. But many worked the system hard only to not get any tangible rewards. Some disappear into the nite, and some come back to comment or blog about their experiences.
But the bottom line is that so many IBOs quit because, in my informed opinion, the Amway prices are generally too high, the reputation of Amway precedes itself and makes recruiting downline next to impossible, and the ongoing cost of the system starts to become a drain on the family finances, not to mention the time spent away from family and friends in order to attend meetings, plans, functions, etc.
The system doesn't work, so they quit. It's as clear as crystal to me.
Tuesday, July 14, 2009
Amway Global - Random Observations About Amway
(This is a re-post)
Observation #1: In general, IBOs are less successful in life than others. That is why they are open to the business and why they can be convinced that there is a shortcut to retirement and perpetual wealth. When I was an IBO, I was not where I wanted to be financially, as I was younger and at the earlier stages of my career. I would not be open to “options” right now.
Observation #2: The biggest zealots/supporters appear to have the smallest businesses. They talk the talk - but no evidence of walk the walk. Also, any discussion about their personal success with the business is limited and shrouded in secrecy or they will make vague references about their level of success.
Observation #3: The business has a bad reputation and cannot be marketed to the general public without some degree of deception. It’s why there are so many testimonials of people tricked into attending meetings (including myself). Being straight forward with information will likely get you a resounding “No thanks”. The opportunity is also saturated. Saturated not meaning everyone is involved, but most everyone in the US has heard and has an opinion about Amway. Name saturation.
Observation #4: It would appear that much upline teaching is not focused on actually running a profitable business, but dedication to the system. It’s why so many IBOs don’t seem to know what a profit loss statement is, and don’t bother keeping one themselves. It’s also why the content of many BSMs is to purchase more BSMs.
Observation #5: IBOs in general don’t seem to have planned out their retirement. They are convinced that the Quixtar opportunity will provide for them when they reach their retirement years. They put down people who are working jobs and investing for their futures. They feel that purchasing function tickets is their investment for retirement. While a fraction of 1% might make some significant money in Quixtar, the vast majority do not. The fact that the majority may not have put forth a Herculean effort is irrelevant in my opinion. The bottom line is that the vast majority will not make an income from this opportunity. To ignore this fact is burying your head in the sand.
Observation #1: In general, IBOs are less successful in life than others. That is why they are open to the business and why they can be convinced that there is a shortcut to retirement and perpetual wealth. When I was an IBO, I was not where I wanted to be financially, as I was younger and at the earlier stages of my career. I would not be open to “options” right now.
Observation #2: The biggest zealots/supporters appear to have the smallest businesses. They talk the talk - but no evidence of walk the walk. Also, any discussion about their personal success with the business is limited and shrouded in secrecy or they will make vague references about their level of success.
Observation #3: The business has a bad reputation and cannot be marketed to the general public without some degree of deception. It’s why there are so many testimonials of people tricked into attending meetings (including myself). Being straight forward with information will likely get you a resounding “No thanks”. The opportunity is also saturated. Saturated not meaning everyone is involved, but most everyone in the US has heard and has an opinion about Amway. Name saturation.
Observation #4: It would appear that much upline teaching is not focused on actually running a profitable business, but dedication to the system. It’s why so many IBOs don’t seem to know what a profit loss statement is, and don’t bother keeping one themselves. It’s also why the content of many BSMs is to purchase more BSMs.
Observation #5: IBOs in general don’t seem to have planned out their retirement. They are convinced that the Quixtar opportunity will provide for them when they reach their retirement years. They put down people who are working jobs and investing for their futures. They feel that purchasing function tickets is their investment for retirement. While a fraction of 1% might make some significant money in Quixtar, the vast majority do not. The fact that the majority may not have put forth a Herculean effort is irrelevant in my opinion. The bottom line is that the vast majority will not make an income from this opportunity. To ignore this fact is burying your head in the sand.
Friday, July 10, 2009
Amway Global - 98% Of Americans Over 65 Are Not Living In Poverty!
http://www.census.gov/Press-Release/www/releases/archives/income_wealth/012528.html
"The number of people in poverty increased for seniors 65 and older — from 3.4 million in 2006 to 3.6 million in 2007."
While it is unfortunate that 3.6 million elderly Americans live in poverty, that is just over 1% of the population of the US. That is completely opposite of what some Amway promoters will tell you.
Population Clocks
U.S. 306,880,651
19:08 GMT (EST+5) Jul 10, 2009
"The number of people in poverty increased for seniors 65 and older — from 3.4 million in 2006 to 3.6 million in 2007."
While it is unfortunate that 3.6 million elderly Americans live in poverty, that is just over 1% of the population of the US. That is completely opposite of what some Amway promoters will tell you.
Population Clocks
U.S. 306,880,651
19:08 GMT (EST+5) Jul 10, 2009
Thursday, July 9, 2009
Amway Global - Fulfilling Or Chasing A Dream?
http://www.articlesbase.com/home-business-articles/quotis-amwayquixtar-worth-the-effort-716571.html
You’re probably asking yourself, “Well, if all of this is true, how can a company that’s so predominant in the American market have survived for all these years by using such deceitful tactics? The answer is simple; they prey on the innocent, the uneducated, and the unemployed, who truly believe that Amway/Quixtar is their ticket out of their current situation. Massive donations to political parties do not hurt either.
So, if you’re considering becoming a distributor for Amway/Quixtar, think about it carefully. Don’t risk losing what you monetarily do not have on a frivolous opportunity. If you really look into it carefully, it’s apparent that the real reason to be in Amway/Quixtar is not to sell Amway products but to sell the more profitable motivational materials (tools) to the distributors that come in underneath you.
In short, those who seek financial freedom with Amway/Quixtar on a 2-5 year plan are fooling themselves. This business becomes a way of life. You breathe it, live it and it consumes every aspect of your life. Do you seriously want to live like that? Unfortunately, the 2-5 year plan is nothing more than a dream and most distributors will lose time and money chasing that dream. Please, do you research and don’t fall victim to the lies.
You’re probably asking yourself, “Well, if all of this is true, how can a company that’s so predominant in the American market have survived for all these years by using such deceitful tactics? The answer is simple; they prey on the innocent, the uneducated, and the unemployed, who truly believe that Amway/Quixtar is their ticket out of their current situation. Massive donations to political parties do not hurt either.
So, if you’re considering becoming a distributor for Amway/Quixtar, think about it carefully. Don’t risk losing what you monetarily do not have on a frivolous opportunity. If you really look into it carefully, it’s apparent that the real reason to be in Amway/Quixtar is not to sell Amway products but to sell the more profitable motivational materials (tools) to the distributors that come in underneath you.
In short, those who seek financial freedom with Amway/Quixtar on a 2-5 year plan are fooling themselves. This business becomes a way of life. You breathe it, live it and it consumes every aspect of your life. Do you seriously want to live like that? Unfortunately, the 2-5 year plan is nothing more than a dream and most distributors will lose time and money chasing that dream. Please, do you research and don’t fall victim to the lies.
Monday, July 6, 2009
Amway Global - Why Do Amway Apologist Bloggers Delete Opposing Comments?
A frequent site visitor here named Levi runs a blog about why one might wish to consider a second income. However, he is either afraid, or his blog is pure propaganda. He deletes opposing viewpoints and opinions. Seems that many Amway apologists do not like comments that they view as "negative" on their blogs. I noticed that certain blogs that are run by some higher pins in the business are the same way. They will push their agendas and allow comments that fall into line with their though process, but put in a comment seen as negative. and the comment is not allowed or quickly deleted, even if the post is truthful. It seem that Amway supporters only enjoy their version of the truth. This information control by the pro-Amway camp is a bit troubling.
I can understand IBOs or supporters not allowing a profanity laced tirade, or an off topic rant, but relevent and respectful comments should not be deleted unless the blog author has something to hide or has a hidden agenda. Joecool's blog allows comments, even when they may be negative or opposite of Joecool's viewpoint. I noticed that even Amway corporate blogs will delete some truthful inforamtion, such as the bit of information I received from someone in Michigan that said Amway employees can purchase double x for around $10.00 to $12.00. If only IBOs would be open and truthful, maybe they would not have caused further damage to Amway's already interesting US repuatation.
I can understand IBOs or supporters not allowing a profanity laced tirade, or an off topic rant, but relevent and respectful comments should not be deleted unless the blog author has something to hide or has a hidden agenda. Joecool's blog allows comments, even when they may be negative or opposite of Joecool's viewpoint. I noticed that even Amway corporate blogs will delete some truthful inforamtion, such as the bit of information I received from someone in Michigan that said Amway employees can purchase double x for around $10.00 to $12.00. If only IBOs would be open and truthful, maybe they would not have caused further damage to Amway's already interesting US repuatation.
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