Saturday, February 5, 2011

The Cost Of Being An IBO?

The actual cost to register as an IBO, I believe is in the neighborhood of $50. Many motivational groups such as BWW or WWDB or others, may have different costs because of product samples and/or tools included in the signup process. But aside from the cost of registration, what does it cost an IBO to run a Amway powered business? Many, if not most IBOs probably sign up thinking they will make money right away, only to find out that ongoing costs easily turn small profits into losses. Some of the costs I will display are optional, but often promoted as mandatory. Listed below are conservatively estimated monthly costs:

100 PV = $300
KATE (voicemail) = $20
Website fees + $20
Standing Order (Tape/cd subcription) $42
Extra tapes/cds (two per week) $56
Book of the Month $10
Functions/Major functions (averaged out) $125
Monthly Open Meeting $8

These somewhat minimal estimates of monthly expenses add up to $581. Were you informed that a business building IBO would have to spend in the neighborhood of $600 a month? Would you have been interested if this were disclosed? I woudn't have joined if this was disclosed to me. These costs are actually lowball estimates if you are a hard core IBO. These estimates would run you about $7000 a year. In five years, you may have spent $35,000 to build a business where you have a tiny fraction of a one percent chance of making any real money.

What could you do with an extra $7,000 a year? What could you do with an $35,000, say 5 years from now?

The average active IBO earns less than $1,500 a year. Never mind the social cost of missing family gatherings, your kid's ball games and other fun things.

Do the math!

9 comments:

Anonymous said...

can't argue with that.

countdown to another idiotic comment by anon from canada: 5,4,3,2...

Joecool said...

Anon from Canada hasn't been around lately. LOL

Anonymous said...

JoeCool, why don't you stop baching Amway? What do you have to gain by continuing your person crusade against a company that has helped so many people? Why don't you go and do something productive and actually make a difference in the world? IBO's are helping people and bringing moms home from work, having more time with kids, helping others and making the world a better place. All you do is bitch and moan about how Amway is some evil machine. Get a life.

Anonymous said...

whoops, ya spoke too soon, joe!

Anonymous said...

haha...and he can't even spell. "baching"? ROFL what a dipstick!

Anonymous said...

Hey Anon @ 10:06 PM
"a company that has helped so many people"? "make the world a better place"?
Amway and the organizations that make their money selling useless business "tools" to brainwashed IBOs have done nothing to make the world a better place, instead they have sold people an impossible dream and used cult tactics to keep them all plugged in until they wake up and realize that they are only being used to drive Tool and PV Volume and line the Big Pins pockets.
Anon, you are yet another example of a brainwashed Ambot that can only speak nonsensical Ambot Speak.

***Former WWDB Lemming***

Anonymous said...

Its unfortunate you didn't get far with the business, maybe its just your lousy attitude. In order to grow a business, ANY business you need to do the work, It wont just happen over night. And for the record all the prices are completely wrong. no one Forces you to buy standing order neither attend meetings. The meetings are meant to knowledge yourself so your able to show the plan yourself. No ones going to pamper you. so GROW UP.

Nutrilite made over 4 billion last year. We sponsored ronaldhino, Kurt warner and other major athletes
Artistry is the proud sponsor for Miss America for 4 consecutive years NOW..
Legacy of clean is the BEST cleanging product out there.
Xs- the ONLY energy drink approved DURING ACTIVE PLAY. ZERO SUGAR, ZERO CARBS, AND ALL THE 4900% B12 YOUR BODY NEEDS DAILY.

SO FOR THE RECORD. YES WE DO HAVE THE BEST PRODUCTS ;)

Its not about spending money to grow your business, you were going to buy those things anyways, i mean im sure you wash your clothes every week, wash your dishes, take supplements, im sure females use make up. and for those who like energy drinks, why not drink something thats not going to harm you like REDBULL OR MONSTER.

-ENOUGH SAID, HATERS GET A LIFE

Anonymous said...

yep, i am a hater and i DO have a life, that's why i'm not in SCAMWAY, ya fuckin' dipshit! :)

**proud Amway hater**

Anonymous said...

Plus travel expenses! Plus food on the go expenses!