Im a IBO from Amway and yes I was worried about the integerity of their business, not only from the past, but were their headed in the future. Amway has taken a bad wrap and yes they have paid their dues...they are still here and have nothing too hide. This is why I chose too run with Amway after all change is hard...but so is going after your DREAMS.
In July 2007, a lawsuit was filed by IBS (Internet Business Solutions), owned by Quixtar Emeralds Henry and Sue Skaggs, naming Bill and Peggy Britt, Paul and Leslie Miller, Rocky Covington, Kevin and Beth Bell, and Britt World Wide, all of whom are Emeralds and above in Quixtar, as defendants. The suit alleges that the Skaggs, having developed a software system to allow for direct order fulfillment of tools to their downline, received approval from Britt to continue the development of the software program for eventual rollout to all of BWW (a tool system within Quixtar). During this time, the Skaggs state that they carried the burden of the development costs. According to the lawsuit, Bill Britt stated in 2005 that the program would not be rolled out across BWW. The Skaggs then claim they were de-edified by their upline. The suit alleges breach of contract, racketeering, and intentional interference with economic relations. In response, the defendants claimed that no contract was entered into and challenge the lawsuit on various other legal grounds.
Dreambuilders’ impact on Sherri’s life was far less salutary. Its most tangible financial effect was the used car she had bought with Josh’s advice, which came complete with a weird smell and a glove compartment that didn’t close. But Sherri felt that she had undergone a profound psychic transformation. “Before Amway,” she would say, “I just wasn’t thinking!” Her new clarity made her scornful of mass pursuits: When the E2020 staff went to a Cubs game, she could hardly believe that people would waste their time that way. (Josh counseled her to just sit next to strangers and mingle.) Her “j-o-b,” even with a promotion to Internet Expert, certainly didn’t interest her anymore: She wanted to spend the whole day talking about The Business. And she now regarded unambitious co-workers, family, and friends as, in Scott Coon’s words, “slugs.”
To test these claims I took my new Amway wholesale price list down to the local supermarket for a price comparison. As it turned out, Amway wholesale prices were only slightly better than supermarket retail prices, although a few Amway products, like freezer bags, were significantly cheaper. And this was giving The Business the benefit of many doubts: I factored in its claim that its detergents are more “concentrated” than other brands; I compared Amway with high-quality brand-name products, not store brands or generics; and I compared only regular prices, ignoring the fact that the supermarket, unlike Amway, always has items on sale (not to mention coupons). The same results obtained at the local drugstore in comparisons of vitamins and cosmetics. All in all, the 30 percent Basic Discount was nowhere to be found.
Today, the FTC announced a settlement with Fortune Hi-Tech Marketing (FHTM), a company that operated an illegal pyramid scheme disguised as a multilevel marketing program. Over 350,000 people were scammed out of a total of at least $169 million. The settlement bans FHTM from the multilevel marketing business and from deceiving consumers. FHTM will fork over at least $7.7 million, which will be returned to consumers.
Besides earning money off your own sales, you also earn a percentage of the income generated by the distributors that you've brought into the program (these are known as your downline). Often there are bonuses for selling particular amounts of product or signing up a certain number of new members; you can earn cars and trips as well as cash. Sounds good, doesn't it? And being part of a well-run MLM business can be a lot like being a member of a large extended family.
Let us not underestimate the power of ideas. Cross provides examples of distributors who let nothing stand in their way. Just listen to the story of the Upchurch family, who persisted in Amway, making any sacrifices necessary, even after Hurricane Fran destroyed their home. Or the Janzes, who were desperately poor new parents with another child on the way when they learned that Amway was bigger than making money; it was a way to overhaul your lifestyle and live your dreams. Or Dexter Yager, who didn’t let a stroke stop him from achieving success with Amway and continued to operate his business at the same level even as he was learning to walk and speak again.
In looking at U.S. respondents’ abilities and attitudes regarding starting and running a business, the majority (88 percent) perceive themselves as socially supported (compared to 64 percent globally). When it comes to taking risks, 74 percent of U.S. respondents consider themselves to be risk-takers, compared to 47 percent of respondents globally.
In 1983, Rich DeVos, one of Amway's founders, made recordings which, among other things, communicated his displeasure with several issues regarding some of the high ranking distributors/IBOs. These recordings are entitled "Directly Speaking" and were addressed to Direct Distributors (now called Platinums), who are considered leaders with various responsibilities for their downline group. In January 1983 Rich DeVos announced that Amway would pay Business Volume (BV) on Amway produced tapes. He expressed concern about the level of income from the sale of Business Support Materials (BSM; tapes, CDs, books, and business conferences/functions) compared to the income the high level distributors were making from Amway products. He stated his legal team was concerned if the tool income exceeded 10% of their Amway income, and stated that BV payouts on tapes can never exceed 20% of the distributor's total Business Volume.
There have been instances in the past where even auto-rickshaw drivers had sold their belongings (including their auto-rickshaw) and paid upto Rs 35,000 to become members of such scheme (GoldQuest). But as with any pyramid scheme, they had to bear the brunt of the binary tree’s exponential function and they became bankrupt. As expected, the organizers went absconding.
Oh boy have i and everything to describe is 1000% accurate. The part were my higher intelligence kicked in is when they wanted access to my contacts. Why would i give you my contacts to market to. Thats called seo search engine optimization leads companys pay each other tons of money for leads but i’m suppose to give my contacts to my team leader for free and they profit from my sales. All it really takes is a little common sense to see through the con.
Now the husband and wife team continues to work together, taking the time to slow down and help others. The business enables them to live their lives with flexibility, spending more time with family and one another. The strengthening of their bond depends on a connection with others; building trust and helping others find a way to meet whatever goals they may have.
Business owners receive education materials and free online training available 24/7 on mobile devices and in multiple languages. Educ and training topics include product information, how to sell them, how to earn income, how to grow a business, and how to be a leader. In addition, Amway offers business tools, including a personalized, mobile-friendly website, apps and customer service support (from real people, in six languages). Compared to the cost of starting almost any other kind of business, the cost to become an Amway IBO is minimal and low-risk.
If your family member or friend asks you to visit an Amway Opportunity Presentation, you should be ready for numerous claims that this company is great for making business and enjoying its products. For you to make an informed decision, you will need to remember an important thing - ask as many questions as you can. For example, ask how much money you will have to invest in products each month. You may need money for seminars, training material, and conferences. Ask for proof to support their claims. Ask how much time you will need to reach a good income level. Ask what specific chance is to making real money. Ask how many people are earning real money. If you feel that they give honest answers, you may start your business too. According to statistics only a few percent of people succeed. Of course, the harder you work, the more you will succeed and the more money you will earn.
My husband and I tried Amway, and here's the story: My husband's BEST friend and his wife started asking us to hang out a lot, which was cool because we enjoyed their company. I thought she was my best friend at the time, stupidly enough. It didn't take long for them to tell us about this "amazing" opportunity. We thought we would give it a try since we sincerely trusted our friends. We would go to their house for a "meeting" in their basement with a bunch of strangers and two guys in suits. The guys would talk about how nice it is to work from home, make tons of money and generally just talk about nothing to do with the actual business. After every meeting I would think, okay but what is the business all about!?!?!? So eventually they set us up as "business owners" and we purchased a ton of crap from Amway totaling over $1,000 because, "that is what you do." Eventually, we decided that we would not continue with the business. There was nothing wrong with it, but we knew it wasn't for us. We didn't want to approach complete strangers in coffee shops and present them with an "opportunity"; we didn't want to stay home on the weekends to attend meetings instead of spending them at the lake; we didn't want to choose Amway partners over friends and family like you are taught (yes, there is a "tier"); we didn't want to spend thousands of dollars on products and guilt-trip our friends and family if they didn't want to buy our products (yes, this was also taught). All in all there was nothing very wrong with it, it's not a scam, but it's definitely NOT for everyone. I am writing this not to bash anyone but to give anyone an insight if they are wanting to be part of Amway. Oh, and as for the "friends"... they now completely ignore us. And I mean, I'll see them in public and they'll turn away from me when I wave; they will talk to anyone BUT us. And this was my husband's long-time highschool friend; they were even in eachother's WEDDINGS. So to be quite frank I will talk everyone out of doing Amway and it's their fault. If that is how they will treat others for simply not continuing with the business then I will tell NO ONE to join.
With its affiliates around the world, Amway Global is a leader in the $80 billion global direct-selling industry. Established in 1959 as a seller of household cleaners, the company expanded and diversified over the years and today is a leader in Health and Beauty through its NUTRILITE brand of nutritional supplements and the ARTISTRY brand of skin care and cosmetics.