Amway Success – What are your odds?

A common cry of the anti-Amway zealots is that the “odds” or “chance” of an individual being successful in Amway are low. They’ll typically look at some of Amway’s published statistics, such as the fact that in 2005, .0120% of “Direct Fulfillment IBOs of Record” qualifed at the Diamond level, and claim that your “odds” of going Diamond are 1 in 8333, so you’d be better off at Vegas, where your “odds” of winning on a single number in say, roulette are 1 in 29.

Oft-quoted anti-MLM zealot Jon M. Taylor, Ph.D., President, Consumer Awareness Institute, and Director, Pyramid Scheme Alert, for example, claims that –

The odds of winning from a single spin of the wheel in a game of roulette in Las Vegas is 286 times as great as the odds of profiting after enrolling as an Amway/Quixtar “distributor”

Amway is not a game of chance

A quick bit of math shows that Dr Taylor thus claims the “odds” of profiting in Amway are 1 in 8294. He calculates these “odds” based on numerous assumptions (for which I might add, he has next to no data to support), including what peoples expenses are. Now, for the purposes of this post I’m going to ignore these type of assumptions, but if they are correct (they’re not) then his “odds” might be a reasonable statistic to consider, except for one thing – unlike roulette, Amway is not a game of chance.

For many people, the term “odds” is most familiar in the area of betting and horse racing, so I’ll use an example from that arena. The Kentucky Derby is one of the world’s biggest horse races. The 2008 Derby had 20 starters, of which (ties aside), only 1 could win. What are the odds than any particular horse would win? Using the thought processes of anti-MLM zealots like Jon Taylor, they’d be 1 in 20, or 5%. In reality, bookmakers provided betting odds that ranged from 50:1 (2%) for Big Truck to 3:1 (25%) for the eventual winner, Big Brown.

Why aren’t the “odds” of winning the Kentuck Derby for each horse simply 5%, as Dr Taylor’s Amway assertion would have you believe? Simple – horse racing is not a game of chance. Bookmakers take in to account many factors in deciding whether a horse is likely to win, including past performance, track conditions, the weather, the jockey etc etc.

The same principles apply to the Amway business. The “odds” of your success vary dramatically based on a number of factors. The first factor is, of course, determining precisely what “success” is for you. For example, in their investigation into a proposed new business opportunity rule, the FTC said that MLM company Shaklee reports 85% of folk who join that company do so purely to receive products at distributor pricing. “Success” for a such a person would be placing an order and receiving it successfully!

If this was your goal in joining Amway (and it is for many people), what are your “odds” of success, using the methodology proposed by Dr Jon Taylor?

Goal: Buy Amway products at distributor pricing
Odds of success: 50% (Jon Taylor methodology)

50%?!?!? Surely everyone who registers with Amway as an Amway business owner gets their products at distributor pricing? Well … yes (UK&ROI market aside, which has a slightly different model) … however statistics revealed in the Team vs Quixtar dispute of 2007 show that only 50% of folk who registered with Quixtar ever placed an order after joining.

I’m sure you’ll agree though, that shopping from Amway/Quixtar is not a game of chance. There are things you can do to influence your success – you could for example, actually place an order! Voila – your “odds” have suddenly doubled to around 100%.

Dr Jon Taylor, Robert FitzPatrick, and other anti-Amway zealots such as “JoeCool” and “Rocket” would have us ignore not only what an individual’s goal(s) are, but also factors that influence that goal. Clearly this is a ridiculous and indefensible position. In Dr Taylor’s case, it’s a disgraceful one, as he is the holder of a Ph.D in Applied Psychology from the University of Utah. Having qualifications in psychology myself, I can assure you that you do not achieve a Ph.D. without a reasonable grasp of probability and statistics.

With regards to MLM statistics, Dr Taylor is either delusional or utterly dishonest.

There are things you can do to increase your odds

So what are the real odds of success in Amway for various goals, and what factors influence them? Well, clearly if your goal is wholesale price purchasing, then your odds of success are close enough to 100% if you place an order. Just as clearly, someone who joins and never even places and orders products is extremely unlikely to ever make any money. Indeed, I would suggest the probability of success for that group is 0%. Using this kind of information, just like bookmakers with horses, we can come up with “odds” that better reflect reality.

The 2008 Amway Global Sales Incentive Brochure reports for example that 0.3685% of North American IBOs qualify as Platinums or higher – that’s about 1 in 271. Yet we know that half of those 271 never even place an order, so their “odds” of reaching platinum were effectively zero. So …

If you place an order, your odds of being a platinum are about 1 in 135.

The TEAM vs Quixtar lawsuit in California also revealed that only 23.4% of Amway business owners ever sponsor anyone. While I’m sure there are folk who have qualified platinum purely on customer sales, without having sponsored anyone, it’s likely that the percentage who do so approximates zero. So …

If you sponsor at least one person, your odds of being a platinum are about 1 in 63.

Refining it further, the TEAM case revealed that only 12.9% of Amway business owners ever receive a bonus on downline volume. To receive a bonus you have to have a downline and at least 50PV of customer volume, plus be at a higher bonus bracket than the downline.

If you qualify for a bonus on downline volume, then your odds of being a platinum are 1 in 35.

Let’s put this in perspective. If all you do is join Amway and do enough to earn a bonus on downline volume, then already your “odds” of being close to developing a business earning $50,000K/yr+ (Q-12 Platinum) is approaching 1 in 35 – compare this to Dr Taylors simplistic claim that the “odds” of simply making a profit are 1 in 8294 (0.01%)

Clearly, earning a profit in the Amway business involves a lot more than simply signing a form and paying the registration fee, as Dr Taylor and others would have us believe. Taking action makes a difference! Indeed, the BERR vs Amway case in the United Kingdom revealed some even more astounding statistics –

  • only 6% of agents bought Amway products to sell on
  • 10% of agents make a profit

Leaving aside the fact this shows Dr Taylor’s claims re profit were out by a factor of 1000(!!!), it also reveals something else. It’s a reasonable assumption that those agents who made a profit included virtually all of those who onsold the product to consumers. If so –

if you have customers, then your “odds” of making a profit from an Amway business are approximately 100%

Amway is not a game of chance. It’s a business. Treat it as such and the odds of success are clearly very good indeed.

231 thoughts on “Amway Success – What are your odds?”

  1. I have met few people who have seen $250K check sent by Amway to an EDC. Understand, just the Pin is not going to get you lots of money, you have to have the right structure too, and if you are hitting the pin and don’t know what the right structure should be, then its your problem, not Amway’s. They will pay only what you deserve. period.

  2. Well, when I get to Platinum, Emerald and above I wouldn’t want to let anyone see my tax return as it contains personal information in it. Secondly, even if I did it, you or anyone else who’s a critic would still say, “well, you probably doctored it”
    Thirdly, are you saying that Amway doesn’t pay the bonuses in the Sales Incentive plan? If you hit the levels, then they pay the bonuses. I’ve seen checks from my upline Diamond for $10k, $20k, $30k, and higher from the corporation. It’s just that simple. If you hit the levels specified, then they pay the bonuses. I personally know of an Emerald in our organization who has qualified for the new $150k bonus.
    Finally, john, no matter what I say, you still won’t believe it anyway. There is a big difference from a skeptic and a negative critic. A skeptic wants to find out the truth, a negative critic isn’t interested in the truth, he just wants to stay negative.

  3. Visioneer,

    Maybe a great way to solve this is just for the platinum, emerald, etc. to just show his tax returns. It is just that simple. They stand in public and lead everyone to believe they are making so much money but they absolutely refuse to ever prove it. It would be so simple to just prove it. Why don’t they? Please don’t skirt the issue. Provide an honest answer. Why don’t they just prove it?

  4. I just listened to a higher pin in our organization say this about critics.

    Critics are like armchair quarterbacks that say, “what was that guy thinking?” Well they certainly weren’t thinking, “pass me another beer while I watch the replay for the 4th time.” They were looking for a receiver while at the same time avoiding 300 lb lineman trying to knock their head off.
    Just like on the field, critics don’t have the guts to go out and do it themselves.
    It takes courage, conviction, and guts to go out and build something. It doesn’t take any courage to write something negative on the internet.

  5. Just read that post, Excellent start. I know events that day were more shocking. But may be repost can initiate the debate again.

  6. Well thats what we want to clear out, the difference in earning between Barely active (or just registered and did nothing IBO) and Actually working IBOs. We all know that there is a huge difference in the success and income of IBOs who are just “active” and people who on consistent basis do some activity (Either Sale or Sponsor). The whole point is to show that, on an average an IBO made this, IBOs who made sale made this, IBOs who sponsored made this. So we can show the prospect that see if you will work, you will make money.

    Out of all the category mentioned only the Active part is which may need survey, it is ok even if they just give average IBO earning (Total bonus payout/Total IBO numbers). For rest of the category, a query in there database will get the answer.

  7. Back on August 9, 2007 I started a series about how to improve Amway. Unfortunately it got a little buried in events that happened later that day, and I never got back to it.

    How to improve Amway & Quixtar – Part I

    RS – when you’re definition of “active” is things like “attended a meeting” or “attempted a sale”, the figures can only be calculated through use of a survey, so it can’t all be handled from internal data.

  8. I agree, Amway should come up with something like:

    1. Average income for all IBOs (Active/Non-Active included)
    2. Avarage income for Active IBOs
    3. Avarage income for IBOs who acheieved Bonus levels (100pv), all 12 months
    4. Average income for IBOs who made sale all 12 months in a year
    5. Average income for IBOs who registered ‘n’ number of new IBOs in width

    Then may be percentages of IBO who are platinums in each category etc..that will surely show the result for the people who are working in this business and not the ones who have not. Also with technology advances, and as amway is managing everything online not, it should not be an issue to update these figures every year.

    Right now the figures are from 3-8 years old. (Ref: http://www.thisbiznow.com/quixtar/ibo_statistics.html)

  9. I think Amway Global needs to show the breakdown of IBOs’ success more effecctively than using the general term “active”, which they “legally” have to use. Most everyone knows the 1 in 270 stat includes people who merely signed up, with no further effort from that point. The numbers used in this post do a lot better job of showing what the “percentages” of success are if you apply yourself.

  10. I knew it!
    These guys are not real prospects – they are disguised zealots!
    So your name’s Dave, eh? And I’m Einstein!
    This business can tolerate any amounts of healthy skepticism – but not this kind of foolishness!
    NJN or MN or Jacket or whoever! I warn you to kindly keep your language clean. If not, then just know that I’m from India – a land of 20+ official languages!
    A sentence from each of them would be enuff to send you to an asylum!

  11. John, two points.

    It is possible to have an Emerald business so poorly structured and attended to that it doesn’t earn more than what you claim your Emerald was claiming. It does suggest that he/she was not paying attention to business, however.

    Second, are you sure your “Emerald” was still an Emerald? There’s more than one instance of someone qualifying at a given level but not requalifying, however, continuing to use the title associated with that level.

    Weed yourself out if you don’t think you can make it work and do something else more productive, in your estimation, with your time. However, I know from two new Emeralds in my upline’s group that they are making a whale of a lot more money (net) than you’re suggesting above, and based on Amway Global revenue, not tools. 🙂

  12. Wow, what is funny in this whole post, (making a big assumption their stories are true), is they are basing their “getting in” on the success of someone whom they do not know.

    IBOFB has no direct association with these two people. They also claim there are those that they“…feel badly for current IBO’s who want to do it right, but have someone like you defending them.” My question to them is, how do they “do it right”?

    So they know decent people that are building this business, yet won’t take them on their word, but rather some “unknown” who will not benefit if they (NJN, ME) join or not.

    Makes perfect logic! Sounds fishy to me. Someone is scheming but I don’t think it is IBOFB.

  13. One thing I’ve observed with some critics of this business, particularly the more vocal and more engaged ones online, is they lack people skills.

    The name-calling, personal attacks, and nastiness may be a reason (though there could be many) of why they did not suceed in the Amway business.

    This business, whether you are selling a product or mentoring other IBOs/ABOs/distributors is about relationships.

    And how successful you are at building, maintaining, and growing relationships, is important in not just this business, but all areas of one’s life.

    I may not agree with everything my Upline, Downline, and Crossline, have to say, however there is something called respect.

    And it is respect that seems to be greatly lacking when I see comments from some critics of this business.

    Just an observation. 🙂

  14. Why do so many measure success by using terms like “platinum, emerald or ruby”? Our emerald declared bankruptcy & on his own financial declaration he stated that his total income as an emerald (with tools income) was $3900 a month. He had no medical insurance, no retirement, no paid holidays, etc. Of course on stage he proalaimed his huge success & the downline believed he was successful because of his title. $3900 a month before taxes with no benefits is not a great success.

  15. Just to re-iterate what IBOfightBack does say in an earlier comment, the Amway business is NOT a game of chance.

    Your chance of succeeding in the Amway business is nil, zero, zilch, nada, if you treat it like a game of chance.

    🙂

    I do like this post though, as it does point out that 2/3 of Amway distributors/IBOs/ABOs never sponsor someone who run enough volume to earn a bonus.

    It’s not that people cannot be sponsored. It’s not that they cannot be helped to move volume. It’s just that most who’ve signed on the dotted line end their activity in this business before they even begin.

  16. Excellent post IBOFIGHTBACK..Thanks a lot.

    I knew that the figure, which company has to provide because of legal requirements, are not the right picture of the success rate.

    I really don’t give a damn to people like ‘NJN’ & ‘MN’, they don’t have the courage to come out and build this business on their own terms. If they don’t agree with the methodology, why don’t they come up with something better. These people will always look into the issues and I bet they always have something to complain about everything in life. Right NJN & MN??? Also, ‘NJN’ & ‘MN’, if you are planning to reply to this post, please let us know the last 5 non-fiction books that you have read, it will show the kind of thinking you guys carry.

    Ibofightback, considering the open meetings that i have been to, I can clearly see that there is 1 platinum IBO for every 30-35 people in that meeting, which actually proves your point. Also you mentioned it rightly that sucess is a relative term, and varies with each one. Depend on the success level you want, you will work towards it.

    Again Thanks a Lot for posting this.

  17. Uhuh … and you “all” just happen to be posting from the same small town in Canada as anti-Amway zealot Rocket … gee, what an amazing coincidence ….

    pull the other one, it’s got bells on.

  18. Before I go I’m going to make sure something is stated clearly.

    I am not posting under more than 1 name.

    A check on ISP addresses will confirm that (Like he hasn’t already checked)

    My real name is Dave. Help you out any?

  19. Isn’t there a classic tape in BWW or WWDB called ‘Pigs don’t know pigs stink’?
    Whatever that tape was about, the title surely sticks well with these guys here – mn or njn or whoever!
    IBOFB is what he’s called on these forums and that’s what we should address him as long as he states otherwise.
    The way you used his name tells me a lot about your character – njn or mn or joecool or whoever.
    I find it strange that the same methodology that was pretty good for Jon taylor and others is no more acceptable for IBOFB.
    Who would want guys like you in their Amway business.
    Amway has a history of 50 yrs.
    What do you hv?
    What’s your name?
    Since you used IBOFB’s name I believe these are proper requests on my part – and BTW that’s my real name – and I don’t like posting with two different names!

  20. I think the point that is being missed here is the fact that there is no risk in building this business. I am a self employed contractor and with that business i have risk and my income is directlty effected by the economy. My Amway business is not effected by the economy other than the fact that more people are now looking for answers in uncertain economic times. If you treat this business as a business it pays off. It is very simple but you have to promote and actually put in effort, if you ran any traditional business with the little effort that IBO’s put into their business they would be bankrupt. We have fantastic product lines if Amway went the traditional route of selling in stores they would triple their volume in a year and not have to put up with all the whining! But Rich and Jay believed in giving the average person a chance to own their own business and have stuck with that model for 50 years.

  21. Ahh my friend, it’s my experience that the number of virulent anti-amway internet zealots is limited, and unfortunately some of them have shown themselves before to be less than honest.

    So don’t believe folk are who they claim, or that their stories are true.

  22. PS to my last post… they were trying so hard to dump on YOU for “causing” them to not “join.” I would just say back, as Br’r Rabbit did when finally caught by Reddy the Fox, “Oh please Mr. Fox, do anything to me but don’t throw me into the briar patch!” LOL

    Can you imagine trying to work with people who hold their underlying world view, business accumen?!!!

  23. ‘MeNeither’, friend of ‘NotJoiningNow’, said:
    “Bye. I won’t be back, but I’ll link to you,[low life language deleted]”

    IBOFB my friend, tomorrow is Canadian Thanksgiving. On this fine day I will be giving thanks that the “dozen or so” claimed above won’t be registering their own Amway Global businesses. Count your blessings while you’re ahead. It’s so interesting that a certain type of non-business mentality is blown out, not by you, but really by people like SL mentioned above. When I read SL’s site a few years ago (and nothing has changed there), it was a major factor in CONVINCING me that this business model is valid and does work. It was his internal inconsistency and contradictory postures that clued me in, and I went on from there with further independent validating research of my own.

    So lets give thanks that these kinds of folks self-select OUT of registering in our groups and take their ‘world of grief and hurt’ to some other organization!!!

  24. Who said anything about being successful in Amway being easy?
    And who said I’ve had no success in Amway?

    But again – who cares about me apart from you and your anti-amway cultmates?

    Simple question – what was wrong with the post?

  25. Your knowledge and brilliance is based on theory and nothing in the way of evidence.

    If being successful in Amway is easy, then why aren’t you?

    That’s what is meant.

    Good grief, you’re an idiot. How can someone who thinks he’s so smart be so dumb?

    The only way you could be dumber is by gaining weight!

  26. Oh, I have no problem with people being anonymous. Just people being cowards when they choose to not respect other peoples choices, and make false accusations in the process.

    Your friend (cough cough) refused to answer my question about what problems he found with my post, so perhaps you’d like to answer some – which part of my post has anything at all to do about me? Which part of my post relies on me being an “expert”? And which part haven’t I been honest about?

    Please, share your knowledge and brilliance with the audience.

  27. Just so you know, I am also one of the people who declined after seeing this website.

    I have neither the time, inclination, or desire to explain myself to you, but will heartily chime in that after reading this website, myself, notjoiningnow, and 10 others decided we didn’t want to be associated with dumbasses such as yourself David Steadson.

    You give the good ones a bad name, and if it takes you that much time to explain your point, you never had one.

    Nor does Amway, as long as you and people like you are in it.

    Notjoiningnow had a very valid question that you choose to ignore, being, what exactly have YOU accomplished in Amway Dave? What makes you an expert? What’s your level, and how long did it take to get there?

    Don’t preach about honesty when you choose not to abide by those purported values.

    You would still be anonymous if Scott Larsen hadn’t outed you.

    As it is, you have firmly entrenched yourself as part of the problem with what is wrong about Amway.

    Congrats. Makes the “anti Amway zealots” job that much easier.

    Plus they don’t seem to find the need to take the long way around when asked a question.

    You don’t know squat about building Amway.

    I’m thinking that because of you, a few of the dozen of us that quit are going to be starting up our own anti Amway and anti David Steadson blogs because idiots like you deserve it.

    Bye. I won’t be back, but I’ll link to you, bitch!

  28. Why is it that so often when Qritbots are challenged to actually give some details about what they’re whining about, they try to change the subject?

    C’mon now, don’t be shy, I can take it if I’m wrong, I’m a big boy.

    What’s wrong with the methodology?

  29. Then what have YOU done?

    Yes, you’re sure honest.

    Doesn’t matter. people are quitting because of how you are perceived.

    Cio!

  30. So I guess what your saying is that you –
    (a) can find no fault in the figures
    (b) can find no fault in the methodology
    (c) can only give insults and spread BS

    No wonder you chose to remain anonymous. Oh … and you have no idea what I have and haven’t done with Amway, so your “forgetfulness” is as honest as the rest of your comments.

  31. Go ahead and put the work into it and you can use mine, David.

    It’s not too tough to find yours, you are as “zealot” like as those who oppose Amway.

    Since YOU seem so keen on sharing how to succeed in Amway, why don’t YOU share how YOU succeeded.

    Oh I forgot. You haven’t.

    Makes taking you seriously rather difficult.

  32. What’s wrong with the methodology? It seems sound to me. If 50% of people do something, and you can identify the 50% not doing it, then you can safely claim 100% of the remainder are doing it.

    What’s wrong with the methodology?

    And what’s your name by the way? Since your keen on using names, only fair you share yours, don’t you think?

  33. It’s not the numbers. It’s the methodology and you know it.

    I can prove lots of things too, but it doesn’t make it reality by proving on paper or by theory. In researching you, obviously you have no idea what it takes to be successful because you aren’t sucessful in Amway by anyone’s standards.

    You are causing people to not become involved with Amway. I will point out your website to everyone. Enjoy the extra traffic Mr. Steadson!

  34. njn, I asked you a simple question. You claim I’m lying, but you refuse to point out where? Why is that? Please tell me what part of my post was “hogwash” and “tweaking numbers”

    If I made a mistake in my calculations I’m more than happy to correct it.

  35. What’s laughable BS is you trying to make Amway look good.

    What’s laughable is the amount of effort you expend on this, and it makes no difdference. I’m not going to get into it with you, but the picture you paint in your post is a far cry from reality, and I’ve no desire to try and go back and forth with someone who I feel is dishonest. A liar can keep lying, and I don’t want to encourage your behaviour.

    Everyone sees right through you, like a cheap suit.

    As a result, Amway has lost a dozen new IBO’s.

    Dwell on that. Bye.

  36. Your facts are simply a scheme.

    You obviously will benefit from it.

    Less than 5% of products are retailed to non-IBO’s.

    Very few attain the success that is imnplied during the showing of the opportunity.

    You’re a dishonest man at best.

    Best of luck to you. I’m glad I found out about you before I decided to join.

    I feel badly for current IBO’s who want to do it right, but have someone like you defending them.

    PS My would be sponsor and some of his group took a look at this site, and as a result, have decided this isn’t for them as well.

    You should be aware of that, and I will tell everyone who I know that ever talks about Amway to look here, and compare it to the “zealots” and decide for themselves who makes more sense.

    Because it sure as heck isn’t you.

  37. Care to actually point out any specific hogwash and “tweaking numbers”?

    There was no tweaking, the numbers are exactly as reported by Quixtar and provided by TEAM in the TEAM vs Quixtar case in California.

    And I most certainly never said anything remotely like –

    “It took you a long post to say that they aren’t failing if they buy products from themselves and sponsor one other person.”

    The simple fact is that, of IBOs who sponsor at least one person and qualify for a bonus on downline volume, 1 in 35 are platinum.

    No hogwash, no tweaking, just the facts. Apparently you don’t like them. Sorry, much as you may disagree with them, facts don’t care about opinions.

  38. I’ve been following your writing for some time now, and I must say that this is the biggest load of hogwash I’ve seen you write.

    When someone asks what the chances of being successful are, it’s pretty obvious what they are asking.

    It took you a long post to say that they aren’t failing if they buy products from themselves and sponsor one other person.

    I’ve heard of tweaking numbers before, but this is outright deception on your part IBOFB.

    I was referred here by a friend who is one of the “zealots” you refer to because I was prospected. I won’t be joining after investigating the likes of you.

    If it takes that much effort to explain why it ISN’T a scam, it probably IS a scam.

    You blew me out. Keep it up.

  39. Great article as usual. One objection that mlmers get from prospects quiet bit is: what are the chances of succeeding in this thing. If an IBO remembers some of these facts by-heart, it can help him a long way. ” Your chances of success in this business are as follows: If you order a product…, If you sell a product…, If you share this opp…, If you sponsor… So, are you ready to start dramatically increasing your chances of success?”. Way to go ibofightback.

  40. Wow, excellent article!

    While I agree with Jeffrey about the 1 to 1 odds, most people will dismiss that. Not because it is wrong, but people do not believe it is as simple as “making the choice”. We dismiss such a simple thought, because we think “if it was that simple I would have done it by now”.

    But a rational person cannot argue with the articles statistics. Once you get to the 1 in 35 odds, you can then take a look at other factors that contribute to being successful. Out of the 1 in 35 how many write down goals, how many work with a coach/mentor to follow a specific plan, how many track results of the plan then go back to the coach/mentor to refine the plan, etc.

    There are hundreds of ways to put the “odds” in you favor, just know what “success” is for you then do SOMETHING everyday to get closer to it.

  41. Your “odds” of success in Amway is 1 to 1, because you either decide to succeed (and do the necessary work) or you decide to fail. Besides, what are the odds of becoming a state Attorney General in the United States? 300 million to 50. Ummm, let me think…yep, I’ll stick with Amway.

  42. Excellent post!!! Your determinative statement was:

    “If you have customers, then your “odds” of making a profit from an Amway business are approximately 100%.”

    The stats being used by Taylor regarding percentages who achieve a particular level are out of date (even though they originated with Quixtar), and don’t recognize the major shift and transformation of the business model focus to retail sales.

    MissingQuixtar: how long since you left the business? Quixtar (now Amway Global) DOES provide some basic business management training… ever heard of Quixtar University, or taken the courses offered?

    Your slip is showing…

  43. fantastic reasoning! the fact that in Malaysia, when you sign up as an Amway distributor, you pay a ,measly RM85! and get a starter kit containing catalogues, brochures and sales aid. you have 1 whole year to try it. If you feel that its not your cup of tea or coffee, or whatever, you can return the kit and and get a full refund. That simply means…its a risk free venture.

    when you join to enjoy member’s price, you order online via your account, and pay online too, and the delivery will send it straight to your doorstep! you don’t even have to spend money on fuel to go to shop! and if you don’t like the products, return it for again, a full refund! or change to more suitable product. Again, NO RISK.

    The products are competitively priced, looking at the quality, effectiveness, safety and cost per use, the products are definitely saleable. Now with the issues about melamine in milk from China, and contaminated foos supplements from Australia and fish oil from UK, customers will pay “a premium” for guarantee of safety and efficacy.

    Try and start ANY business, or get into any franchise! no such thing as NO RISK.

  44. MQ – I mostly agree, but there are actually resources made available – see particularly resources on the IBOAI site and in particular IBO BookKeeping 101). However, I doubt most IBOs even know about it. In general I think that type of training works best in smaller group meetings (less than 30) so it should be handled at an LOS level, not by Quixtar or the LOAs per se, but one or both could certainly provide curriculum material for teaching. I also wonder if part of the problem is that differing state laws make both the material and teaching of it potentially problematic and thus it’s just been put in the “too hard basket”.

    It needs to be taken out.

  45. I think that one reason that most IBOs are not successful is that even though Amway/Quixtar provides lots of “training” (rah, rah, product information), it provide ZERO training (in general) on how to actually run a business: taking and tracking orders, order fulfillment to your direct customers, tracking income and revenue, automating all of that, etc. And Quixtar provided no tools on their website for keeping track of this information (at least none that I could find).

    If you don’t teach people how to actually run the business (as opposed to selling products or selling the business) you increase the changes of them failing.

  46. Bravo Ibofightback! People who ask, “what’s the percentage chance of making it”, don’t understand success. Success is not a matter of chance. It’s a matter of choice, then taking action.

    “Have you ever noticed that when you read stories about lottery winners, they are hardly ever bank presidents, successful entrepreneurs or corporate executives? That they never seem to be people who were already financially successful before they bought that winning ticket? Have you ever wondered why? It’s because successful people never win the lottery. Why not? Because they don’t buy lottery tickets.

    Successful people have already grasped the truth that lottery players have not: life is not a lottery. Success is not a random accident.”
    From the Slight Edge by Jeff Olson.

    I hope that everyone gets a copy of that book. Reads, then applies it!

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