Monday, April 13, 2015

Amway And College?

Many IBOs justify their involvement in the system of cds, tapes, books and seminars by comparing it to college. They claim they need this education and that it is much cheaper when compared to a college or university. Of course this is the upline propaganda that IBOs are fed, much like the concept that a job is a bad idea. Some unethical uplines will advise young students to forego college to pursue an Amway business. If that happens, run away fast!

In college, it is true that not everyone graduates, but approximately half of those who start college end up graduating. Those who do not graduate still benefit from their education on a year to year and course by course basis. When you are job seeking, a college degree will give you more options than those who don't educate. This claim cannot be made by Amway IBOs. The education an IBO receives by seminars and cds do not even equate to success in Amway, much less in other venues in life. Only a small fraction of IBOs ever reach platinum, which supposedly is the break even point. So as an IBO, you have less than one half of a one percent chance to break even as compared to approximately a 50% chance of graduating college.

Also, once you graduate and receive your degree/diploma, it is complete. In Amway, there are many many many examples of people who reached levels as high as diamond or above who could not maintain the level. There are also many examlpes of diamonds who quit Amway. If there were such a thing as "residual" income, why would anyone quit when they could sit back and watch the cash roll in. I think the answer is quite obvious.

There is also no evidence (as far as I know) that your Amway related education of cds and seminars actually work. The tiny fraction of 1% of successful IBOs is not a good case for arguing the success of the system. Colleges on the other hand, have accreditation standards, which is nothing like the ineffective Amway accreditation of groups such as BWW, WWDB or Network 21. It is well documented that college grads earn more than non college grads and we know that the average income of Amway IBOs is about $202 a month gross income. Bottom line there really is no comparison.

The fact that IBOs even dare to compare a college education to their teaching in Amway is a joke. Try telling a prospective employer about your Amway education and see what that gets you. LOL

2 comments:

Anonymous said...

Thanks for this post. Kind of on the same topic, I was an IBO for a very long time. 10 years or so. I have no hard feelings towards Amway, my up-line or the group that I belonged to. However, I had it in my head that I didn't need to go to college and get an education because I was going to make all of this money from Amway. That was a lie that I told myself. I now have a bachelor's degree which has helped me to get a good job and a decent income. It has also helped me in starting my own business because of the things I learned in college. That business is set to do fairly well and I am excited about it. If you are an IBO or a perspective IBO who is putting off getting a good education for the same reason I did, please don't put it off. If you still decide to move forward with Amway, I wish you luck and if anything, an education will only help you in your Amway business.

Joecool said...

Thanks for your comments. It does make me upset when I read that some people are discouraged from going to college and to spend their education money on Amway. Some people can seriously affect their lives and futures by taking that kind of dangerous advice.