Thoughts...
I was approached in college while working at GNC by an Amway rep who told me he "had an internet company and I possessed great people skills to succeed." He handed me his video business card and off he went. Needless to say, I didn't stick with it.
Not that it was shifty, not totally anyways. I've been to Market America meetings as well.
Points I don't like...
-They expect fees and such to be paid without REALLY engaging the new seller. Who throws away $200 to "try" selling something?
-Provide 1099 for current salespeople.
-Provide HONEST disclosure of 'how to'.
-Provide or demonstrate how to build an upline.
Points I like
+They teach you to sell, for cheap money (hopefully)
+You own your business
+You sell products in demand
+Generally low start up fees
+Unlimited income
+Time Flexibility
You guys who rank on such companies because "less than 1%" of all Amway reps make anything fail to take into account the foolish of the American public and their desire for the almight quick buck. Only 5% of the American public achieves financial independence despite being the richest country in the world, is there something in common withthe Amway theme here?
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I've done Cutco knives. My partner did Cutco knives. Everybody who owns them, loves them. My family and the people to whom I approached all bought more knives even after I left the company. Yet, year after year, students continue to say that they are the WORST company and opportunity. How is that so? Rather than FIND a way to make it work...they complain, bytch, and whine. They waste wealthy time on depression time. On complaining, so they can feel justified that they can't make money, and so they don't feel like a failure.
Cutco doesn't sell in stores, they sell directly. Why? To keep prices low. Because a direct relationship works BETTER for service and also to disseminate products. To give an opportunity to the public.
Do you realize more than 50% of the price is from advertising?
Consider advertising or print costs. TV advertising is 100's of thousands per minute, and into the millions, yet it takes over 10 viewings to gain any type of confidence with the consumer. That's a debt of $10,000,000 before it's even purchased, INCREASING the price to the consumer.
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I would say in life, most opportunities fail because of people, not circumstances. Many MLM's can be scams, and their downside is a lack of a marketing program..."go sell your family and friends." This is one that plagues the financial services industry. Lack of a plan, a system, LEADS to failure. It's the very same reason people are lead to failure in health, in wealth, in life, lack of any aim or goal. Hoping success will be brought without any plan toward it.
Rather than justify and support statistically HOW it would fail, why not DISCOVER in what ways MLM or AMWAY can succeed?
If so few succeed, wouldn't tremendous profits exist?
If so many succeeded, profits would rarely abound.
I dislike how MLM builds a pyramid, because you pillage your own backyard. If you recruit to sell your own friends, then profit from their sales to themselves. And what it really becomes is a CONSUMER PYRAMID, not a SALES PYRAMID.
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You have to learn to make small steps forward.
Many enterprises fail because the self-conscious people who try to venture outside their circlce of confidence get to big and fall off. You must learn to make $100 on your own, before you go to $100,000, that ensure you have a "safey net" as well as the confidence to move forward on to bigger income.
There's many trying to hit a home-run before they even hit a single. Donald Trump didn't start big. Nor did Dell. None of the tinkerers who have multi billion dollar enterprises. They were in garages. Basements. Small, and it grew rapidly because the marketplace had a tremendous need for it. Later, they innovated, developed customer and brand loyalty.
What of the guy who buys a fixer upper only to have a R/E empire in 8 years? That same story happened in my own city.
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A-Unit
I was approached in college while working at GNC by an Amway rep who told me he "had an internet company and I possessed great people skills to succeed." He handed me his video business card and off he went. Needless to say, I didn't stick with it.
Not that it was shifty, not totally anyways. I've been to Market America meetings as well.
Points I don't like...
-They expect fees and such to be paid without REALLY engaging the new seller. Who throws away $200 to "try" selling something?
-Provide 1099 for current salespeople.
-Provide HONEST disclosure of 'how to'.
-Provide or demonstrate how to build an upline.
Points I like
+They teach you to sell, for cheap money (hopefully)
+You own your business
+You sell products in demand
+Generally low start up fees
+Unlimited income
+Time Flexibility
You guys who rank on such companies because "less than 1%" of all Amway reps make anything fail to take into account the foolish of the American public and their desire for the almight quick buck. Only 5% of the American public achieves financial independence despite being the richest country in the world, is there something in common withthe Amway theme here?
----------------------------------------
I've done Cutco knives. My partner did Cutco knives. Everybody who owns them, loves them. My family and the people to whom I approached all bought more knives even after I left the company. Yet, year after year, students continue to say that they are the WORST company and opportunity. How is that so? Rather than FIND a way to make it work...they complain, bytch, and whine. They waste wealthy time on depression time. On complaining, so they can feel justified that they can't make money, and so they don't feel like a failure.
Cutco doesn't sell in stores, they sell directly. Why? To keep prices low. Because a direct relationship works BETTER for service and also to disseminate products. To give an opportunity to the public.
Do you realize more than 50% of the price is from advertising?
Consider advertising or print costs. TV advertising is 100's of thousands per minute, and into the millions, yet it takes over 10 viewings to gain any type of confidence with the consumer. That's a debt of $10,000,000 before it's even purchased, INCREASING the price to the consumer.
-----------------------------------------
I would say in life, most opportunities fail because of people, not circumstances. Many MLM's can be scams, and their downside is a lack of a marketing program..."go sell your family and friends." This is one that plagues the financial services industry. Lack of a plan, a system, LEADS to failure. It's the very same reason people are lead to failure in health, in wealth, in life, lack of any aim or goal. Hoping success will be brought without any plan toward it.
Rather than justify and support statistically HOW it would fail, why not DISCOVER in what ways MLM or AMWAY can succeed?
If so few succeed, wouldn't tremendous profits exist?
If so many succeeded, profits would rarely abound.
I dislike how MLM builds a pyramid, because you pillage your own backyard. If you recruit to sell your own friends, then profit from their sales to themselves. And what it really becomes is a CONSUMER PYRAMID, not a SALES PYRAMID.
----------------------------------------
You have to learn to make small steps forward.
Many enterprises fail because the self-conscious people who try to venture outside their circlce of confidence get to big and fall off. You must learn to make $100 on your own, before you go to $100,000, that ensure you have a "safey net" as well as the confidence to move forward on to bigger income.
There's many trying to hit a home-run before they even hit a single. Donald Trump didn't start big. Nor did Dell. None of the tinkerers who have multi billion dollar enterprises. They were in garages. Basements. Small, and it grew rapidly because the marketplace had a tremendous need for it. Later, they innovated, developed customer and brand loyalty.
What of the guy who buys a fixer upper only to have a R/E empire in 8 years? That same story happened in my own city.
-------------------------------------------
A-Unit
