Thursday, August 3, 2017

Financial Freedom?

Financial Freedom! That was one of the major battle cries when I was recruited for the Amway business. You gain control of time and money by creating residual or passive income. That is true financial freedom. You wake up at noon, no job, and just do whatever you please, whenever you please. I remember the speaker saying that broke/unemployed people also had freedom, but it was different because they were broke and could not afford to go golfing or do other activities that required money on a regular basis. But are Amway diamonds enjoying financial freedom or do they need to be at Amway conventions to make a living?

I am assuming that financial freedom is still the recruiting pitch for Amway prospects. Of course, upline leaders may toss in a disclaimer that you don't get rich quick as an IBO, but the pitch apparently still contains the financial freedom and residual income theme, based on my experiences with IBOs. IBOs still think they will be rich. Also, 2-5 years sounds like "get rich quick" to me. I heard as an IBO that Amway was simply a "shortcut" to financial freedom.

Financial freedom would be a great thing, don't get me wrong. Who wouldn't want to be 35 years old with enough cash to never have to work again and be able to do anything I wanted without financial restrictions? I mean I could spend some time imagining how fun that would be. It would also be fun to imagine what you would do with all the cash if you hit the powerball lottery as well. But for the starry eyed IBOs, I simply have a few questions for you to ponder. A few realistic questions that you should be asking yourself. The answers to these questions will tell you a lot.

1. Who in your group or upline truly has achieved financial freedom? Have you seen their financials or simply a display of wealth such as pictures of mansions and fancy cars? Mansions and fancy cars could just be a massive pile of debt. Not too long ago, there apparently were diamonds who had their homes foreclosed, and a triple diamond who was in bankruptcy proceedings. Find out if anyone in your group/upline has actually achieved the success that they are using to recruit you with. Also, if they are financially free, why do they work at function after function? Traveling and speaking might not be a traditional job, but it is still work, nonetheless. If you need to be somewhere at a particular time for money, are you free?

2. Even if you find someone who is retired and golfing everyday because of Amway residual income, ask yourself what the likelihood is that you will be able to achieve the same results. If diamonds are still working, what chance do you have of success if you are new or inexperienced in Amway, and have few or no downline. More than likely, your chance of winning the lottery will be greater than your chance of achieving a significant residual income from your Amway business. Also, I don't know of any Amway retirees who built their business once and walked away with any significant residual income from Amway. Do you?

Where is the financial freedom that Amway diamonds talk about? It's as elusive as the Loch Ness Monster. Everyone's heard about it and some claim to have seen it, but nobody has proven its existence.


Anonymous said...

According to official Amway pronouncements, you are not supposed to use the phrase "residual income" when trying to recruit a new IBO. This is for legal reasons, since Amway has been sued quite a bit because of that lie.

Nevertheless, the various subsystems have paid no attention to this pronouncement, and continue to use the lie to entrap persons. I notice that an asshole who posted here just recently used the weasel-phrase "building a pipeline" instead of "residual income." They mean exactly the same thing: NOTHING.

Anonymous said...

Lol I've heard that at meetings to, "building a pipeline", I always wondered what that meant.

They try to switch up the lingo here and there even comparing themselves to businesses like Uber, hell I've seen Uber people call themselves the "Amway of ride share"

The thing is neither of those are residual incomes for the person involved, only the owners of the business; but at least the Uber position had a higher return IF you're in a populated area with large venues, think D.C., Atlanta, Houston, New York, Los Angeles etc...

Through urbanization and population influx Uber and the like have options, Amway people, have a tough market when it comes to truly selling. Vitamins, Energy drinks, health bars, cleaning products...that market is saturated but more importantly super competitive due to them being in the public's eye for years.

Amway may have existed for 60 years but their 60 year reputation is deceit, pyramid schemes and lawsuits...

People do not mention Legacy of Clean except in small circles, they don't mention XS energy drinks and bars...or Nutrilite vitamins

In amway you'll have to keep bringing in new people to succeed and even then...ramble done

~Joseph Manman

Joecool said...

Joeseph, your comments are spot on.