Kyritsis got off easy. You can find stories online of people spending $192,000 to "make" $30,000 (shit, we think there are actual cults with a higher rate of return). It's impossible to know the exact "success" rate for Amway independent business owners (IBOs), but one case from 2008 showed that out of 33,000 IBOs, only 90 made enough money to cover the costs of their business. That's a failure rate of damn near 100%. But of course, to Amway, those aren't failures. Amway doesn't make its money selling the random household goods the distributors are handing out -- they make money selling a dream. Then once you've committed yourself and forked over serious cash -- and convinced friends and family to do the same -- how can you leave? At this point, you've got too much invested not to see it through.
Than please do enlighten us, what the difference is between Amway, Avon, Oriflame, etc. and the few other 1000 MLM "businesses" out there? All you can see, read, hear if you attend a meeting or not is the same script. Everyone is selling the best products, everyone is making tons of money, everyone is the amazing 2% who are smarter than other people on earth. (Oh and most of the time it turns out they have the same owners, or the name just changed :O suprise) And do not even start with sales. Topshop is one of the biggest TV and online sellers of 90% crap and useless stuff. Is it a business? Yes. Do they make money? Yes. Do they annoy, scam and rip people off? Yes. They have horrible reviews, lawsuits, complaint masses. Something running and some making money out of it does not make it a proper business nor legit. And please do not use the word meeting or training word regarding any of these companies. Getting some random people talking about how their yacht looks like is not a business mindset. Ever tried to make a project? Ever had a project plan and completed it? How many business models can you tell us? And in how many of those have you achieved anything? Please feel free, we would love to see. And having a degree has nothing to do with any business model. A person who was milking cows for a living for 40 years can have a successful business without having finished primary school. And "so to finish up", a real business with real products does not need people to run around and harrass people with their products. And I am not talking about coca cola and friends here. Everyone can find a product they need which is good and for a proper price. Noone needs someone to hold hands while shopping.
Scott’s own income, he assured us, was “out of control”—and, furthermore, it wasn’t built on something as old-fashioned as food. He worked in the cutting-edge field of distribution, where the real money was to be made nowadays. Through his business, he could get thousands of quality goods, many of them brand names, and cut distribution costs by almost a third. The company that organized this system did $6 billion a year in sales (Scott helped us to understand this awesome figure by describing for us the height of a billion-dollar stack of hundred-dollar bills) and was, on top of this, debt free. It might surprise us that this company was Amway!
Great people; love their company and the Grand Rapids area; devoted to Amway's founding values of self-determination, opportunity, etc. Great place if you want to stay and grow with the same company for many years; everyone is open to the idea that you'll switch roles and teams more than once for the sake of personal growth and satisfaction. Great place to feel like you are cared about by the company.
In the decade since that loss, the DeVos family, with Dick and Betsy at the helm, has emerged as a political force without comparison in Michigan. Their politics are profoundly Christian and conservative—“God, America, Free Enterprise,” to borrow the subtitle of family patriarch Richard DeVos’ 1975 book, Believe!—and their vast resources (the family’s cumulative net worth is estimated at well over $5 billion) assure that they can steamroll their way to victory on issues ranging from education reform to workers’ rights. “At the federal level, when GOP candidates are looking for big donors to back them, they have options,” says Craig Mauger, executive director of the Michigan Campaign Finance Network. “If you don’t get Sheldon Adelson, you can go to the Koch brothers, and so on. In Michigan, the DeVos family is a class of donor all by themselves.”
The successful ones? You mean those that are already on the top of the pyramid? 99% of IBOs lose money. The average income is only around $150 a month, IF that, and I believe I'm overstating. I almost fell for this trap back in the early spring. Buying almost $300 of overpriced stuff just for $9 back...? I don't think so! That's not a profit or even savings. That's a complete loss
I did pick-ups for several depressing weeks. Apart from Sherri, I never saw any sign of another customer. It was like one of those dusty, deathly-still mom-and-pops frequented only by regulars who come mainly to chat—and I was oppressed with a similar sense that the proprietors needed my money more than I needed their merchandise. It was actually a relief when, one week, Josh and Jean left town without warning me.
That's because this form of marketing relies on what Ken McDonald, regional vice president at Amway North America, calls "high touch." This is what amounts to the need for agents or distributors to reach out and touch people they personally know, in order to make a sale. Almost all Amway sales start with face-to-face contact between people familiar with each other" (Inter@ctive Week).
Touch base with your potential leads, downline, and other marketing resources as often as possible. Keeping your relationships alive can not only get you new sign-ups, but also open you up to resources that your colleagues will find as they run their business. If you're willing to share with them, they'll usually return the favor. This will help others to realize the truth that the Amway Pyramid Scheme is a myth.
This family-government approach has so far enabled the DeVos family to avoid the public schisms and disagreements that have plagued other multigenerational dynasties. Any dissent is hashed out in private, and that enables the family to focus its collective efforts with the precision of a scalpel and the power of a chainsaw. If you’re a politician who wins the family’s support, you’ll receive several maxed-out checks from multiple family members, all in a bundle.
This Lady is terribly misinformed… As a Amway IBO we give you plenty of chance to say no and ways out of this. People will always bad mouth things that they don’t understand you know why because its easier tosay something negative than to take the time out of your day to find out what your really talking about and here is just some food for thought. I started this business a few years back and just listened and did what they asked me too. Because of it i was Able to bring my wife home. Successful people will away do what unsuccessful people aren’t willing to do.
In a breakfast speech to volunteers at Holland Christian Schools on May 12, 1975, Ed Prince warned that lazy and neglectful U.S. citizens were not doing their fair share, forcing the government to, as a Holland Sentinel article described it, “play an increasingly larger role in our daily and personal lives.” (You don’t have to listen too hard to hear an echo of Ed Prince in his daughter, Betsy. “[For welfare recipients] to sit and be handed money from the government because they think a job like that is beneath them,” the heiress sighed to the Detroit Free Press in 1992. “If I had to work on a line in a factory, I would do that before I would stand in line for a welfare check.”)