What Amway Taught Me!

[2112Greg]

Now I see Amway owns the naming rights to a stadium in the midwest. Plus I see lots of adertisements for them now. They must be growing again.

I believe that the vast majority of their growth is offshore. China, Japan and India, if I'm not mistaken, comprise the lion's share of Amway's (or whatever it's called these days) business.

It's still creeping around America, though, but it's days are over domestically, IMO.

I was in about 20 years ago, if I could get my two years back, I would. Miserable experience. I keep tabs on it from time to time, though. It fascinates me that people here still get involved in it.

Funnily, many of the biggest wigs (Bill Britt, Paul Miller) who preached (quite literally) about god, marriage, fidelity and all that good 'ol 'merican stuff have found themselves in divorce court having affairs with staff, brought up on charges of international monetary fraud and a host of other rather serious allegations.

Bunch of hypocrites...for whom I have no tolerance.

 

[bobson]

I believe that the vast majority of their growth is offshore. China, Japan and India, if I'm not mistaken, comprise the lion's share of Amway's (or whatever it's called these days) business.

It's still creeping around America, though, but it's days are over domestically, IMO.

I was in about 20 years ago, if I could get my two years back, I would. Miserable experience. I keep tabs on it from time to time, though. It fascinates me that people here still get involved in it.

Funnily, many of the biggest wigs (Bill Britt, Paul Miller) who preached (quite literally) about god, marriage, fidelity and all that good 'ol 'merican stuff have found themselves in divorce court having affairs with staff, brought up on charges of international monetary fraud and a host of other rather serious allegations.

Bunch of hypocrites...for whom I have no tolerance.

I know lots of people involved in MLM around my area. From nutrition shakes, to kitchen gadgets, to jewelery and home decorating. I never understood jewlery or kitchen gadgets. Seems like a hard business. How many rings does a woman need????

 

[DHK]

It's not that the concept is bad. People can and do have success in MLM businesses.

For me it's simply a matter of mis-match in terms of the way the business works. I want to sell a product or products to customers be it soap or insurance. I don't want to have people working under me or over me. I don't want to have to recruit someone else to try and do what I do in order for the model to produce results.

Agreed!

Also, I (personally) think there's a violation of business ethics with this kind of MLM "model".

They keep comparing MLM to "McDonalds" and other "systems", so let's do that.

You buy a McDonalds. You look around and notice 3 things are missing:
- You have no customers
- You have no employees
- You have no inventory

You say to yourself, "Business is bad!" You ask your sponsor what you should do. He says "Go build another McDonalds!"

 

[xrac]

.....Funnily, many of the biggest wigs (Bill Britt, Paul Miller) who preached (quite literally) about god, marriage, fidelity and all that good 'ol 'merican stuff have found themselves in divorce court having affairs with staff, brought up on charges of international monetary fraud and a host of other rather serious allegations. Bunch of hypocrites...for whom I have no tolerance.

Never trust anyone preaching Christian values while also preaching greed and trying to make a buck on your back.

 

[AllenChicago]

I believe that the vast majority of their growth is offshore. China, Japan and India, if I'm not mistaken, comprise the lion's share of Amway's (or whatever it's called these days) business.

It's still creeping around America, though, but it's days are over domestically, IMO.

So AMWAY is doing a brisk business in countries with limited freedoms, biz ownership opportunities, and where socialism is the norm. The way things are headed, they'll be BOOMING again in the USA in a year or two.-ac

 

[bobson]

What's different from Amway recruiting people versus the guys on this board always trying to sign agents up?

 

[arnguy]

What's different from Amway recruiting people versus the guys on this board always trying to sign agents up?

Not much!!!!!!

 

[0b1kanobee]

I worked with a guy a while back who sold his Amway business for a good chunk of change. He retired at 39 or 40 with Amway money and his savings. He was a cheap bastard, probably had the first dollar he ever made from his first job. I remember him telling me he was getting his wife a trampoline for their 10th wedding anniversary. Last time I checked on him he was running marathons and climbing the tallest mountains on the planet sorta stuff.

I like MLM and the concept. The problem is usually only a handful ever make big money, another larger handful actually make money, then another handful trying to figure out whether they are making money or not and a crap load spending more money than they make so the big dogs can eat. Then you have the ones who whine that it doesn't work but yet they never do shiz with the business, like the insurance business I guess.

To make money in MLM you have to be in at the right time, the compensation plan must pay out big money to more than just a dozen people and the product/s has to be something people actually can't really live without or aren't really willing to like, beer, smokes, electricity, oil, gas, medicine, ect. ect.

I have a friend who was making 50K A MONTH back in the 90's with Excel Communications (an MLM that produced more multi-millionaires than any MLM ever) who has been calling me and trying to get me to look at his new thing. He says he is closing his mobile phone business down and his construction company and doing this new thing full time starting in two weeks or something. Supposedly the folks who were in Excel are behind this new deal. If that is the case, it is worth taking a look. Plus these guys know how to maximize the compensation plan as you can really screw yourself placing people the wrong way. Also, this one supposedly doesn't cost any money so I'll see.

 

[bobson]

I worked with a guy a while back who sold his Amway business for a good chunk of change. He retired at 39 or 40 with Amway money and his savings. He was a cheap bastard, probably had the first dollar he ever made from his first job. I remember him telling me he was getting his wife a trampoline for their 10th wedding anniversary. Last time I checked on him he was running marathons and climbing the tallest mountains on the planet sorta stuff.

I like MLM and the concept. The problem is usually only a handful ever make big money, another larger handful actually make money, then another handful trying to figure out whether they are making money or not and a crap load spending more money than they make so the big dogs can eat. Then you have the ones who whine that it doesn't work but yet they never do shiz with the business, like the insurance business I guess.

To make money in MLM you have to be in at the right time, the compensation plan must pay out big money to more than just a dozen people and the product/s has to be something people actually can't really live without or aren't really willing to like, beer, smokes, electricity, oil, gas, medicine, ect. ect.

I have a friend who was making 50K A MONTH back in the 90's with Excel Communications (an MLM that produced more multi-millionaires than any MLM ever) who has been calling me and trying to get me to look at his new thing. He says he is closing his mobile phone business down and his construction company and doing this new thing full time starting in two weeks or something. Supposedly the folks who were in Excel are behind this new deal. If that is the case, it is worth taking a look. Plus these guys know how to maximize the compensation plan as you can really screw yourself placing people the wrong way. Also, this one supposedly doesn't cost any money so I'll see.

Maybe you can sign some of us up? What company is it?

 

[Jim Jenkins]

What's different from Amway recruiting people versus the guys on this board always trying to sign agents up?

Direct line to executive conference room.