Hi Guys.
Interesting topic and want to know if anyone has had experience in doing or had anyone try to join you in. Me and the mrs had a person talk to us about it. and we need other thoughts about the whole thing.
Example.
it goes like this: If I buy $200 of stuff from Amway this month, I’ll get a 3% bonus check (3% of $200= $6). If I share the opportunity with nine others, and we each buy $200 of stuff from Amway this month, they each were responsible for $200 and will get $6, but I’m responsible for $2000, moving me to the 12% level. I get $240. However, I’m responsible for paying the bonuses of the people right below me – $54 – so I keep $186. I make more because I did more, I found nine people who wanted to buy at a discount and get a bonus for doing it. After I reach the 25% bonus level there are other bonuses that kick in, but they’re all based on the volume of product flow, not on signing people up or having lots of people.
Scam or just another person trying to sign you up so they make more money?
They promise you all these hopes and dreams and being able to retire after a few years. This has been taken to court many times as susspected as a pirmid scheme, But its been tossed out many times as its not.
I think its a load of S**T, If it was that easy everyone would be on it.
i know someone who use to do the amway thing fulltime and im sure the person is trying to sign you up to make more money (the more customers he gets the more money he gets the more customers you get the more money he gets blah blah blah) its like drug dealing basically you only get a small amount of profit off each sale but if you have enough customers you make a large amount of money and if your customers have customers the profits are passed on to you
thats the word i was looking for pyramid scheme
Avon and Tupperware have a similar sort of system. It is type of pyramid scheme, these company's actually provide a product which is why they are legal.
I got sucked into it, But we left cause it was all to secretive, Not allowed to say "It's Amway!!!" have to act stupid and get people to the big meetings, the energy drinks they sell are really good though![]()
"I realize you were young and inexperienced at the time, but in hindsight you should have chosen your parents more wisely."
The fact that Amway hide their name from people looking to recruit others is surely the first alarm bell. It's all hidden behind a smoke screen sold as a brilliant business venture where you have the potential to earn squillions.
Now if you get in at the very beginning of these types of businesses then sure you stand to make lots of cash and upgrade your lifestyle, but face it, Amway products are nothing special, you can buy similar products off the shelf, and doesn't it annoy and embarrass you when friends try to con you into coming aboard or buy their expensive products?
No one taking up an Amway venture today is going to make anything other than a bit of extra pocket money, but you will be adding to the zillions of dollars to those who got in on the first few levels years ago.
one of my mates got me to go to one of those meeting things. he started off by asking me if i wanted to make a a bit of money so i was like sure, he didnt really tell me much about it beforehand so i ended up going to some meeting thing and i had no idea what it was all about lol some bloke comes in gives some presentation thing similar to what the OP said. next day i just told my mate a wasnt really interested (just sounded a bit suss lol) and he hasnt said anything about it since.
Yeah thats the problem i find with the whole thing, they dont really tell you what you have to do. Its all too suss to me. and the person that talked to us, does not exactly show success after 18 months when they claim you can be getting 50-80k a year after a year.Thanks for ya input guys :-)
I did it when I was a lot younger. The reason I left was not because of the products (I thought they were very good back then) but because what they tell you is not what really happens. I don't know what it is like today, but back when I did it (nearly 20 years ago), if you buy $400 worth of stuff, you would earn about 200 points which would qualify you for the 3%. But they pitch the concept as though it's $200 worth of products, when in fact it was $400 worth for 200 points.
But once you did that they then said, well you have to do that for three months in a row. So finally you do that then they say, we hold on to this and you get it after another 3 months etc etc In the end I gave up because the rules kept changing. Don't believe the guff, the products are acutally pretty good, but they don't run out anytime soon, so hard to keep finding people to buy it and then when you think you have reached a target, you will find there is a new rule or another target that needs to be met before a reward is given. It may be very different now, but it sounds like the same pitch.
I have been around these things before and it is very difficult to make money out of them. For the amount of money you make, its not worth it for the friends you will make feel uncomfortable around you. They(amway) will tell you stuff like, it only takes you and a few friends then their friends then bingo...your a millionaire. These things take time and alot of effort and if you want to do it legit and not sleezy then you will have alot of trouble getting it off the ground, Thus witness the amount of spin an hype they put into the presentations you will no doubt end up going to. Like mentioned above, you need so many under you (and you need them to be dedicated and wanting to recruit people too, thats the tricky bit) and they need so many people under them aswell ect... It is near impossible to find that many seriously dedicated people. Make no mistake the person coming to you is not there to spread the love and give you the offer of a lifetime, but simply to make them higher up.