Monday, July 11, 2011
Get Rich Slowly
Get rich slowly or get rich quick? Either way neither will happen for the majority of IBO’s who sign up with Amway.
Our sack of shit Platinum was very careful never to say the words “get rich quick” but everything else he said implied that one would get rich quick. Our Platinum said we could make $100,000 in 6 months. Well that’s pretty decent money to most people and 6 months is a relatively quick period of time to earn that much money.
It would not have made any difference if he’d said you can get rich slowly in Amway - and I have never ever heard any Amway leader say you can get rich slowly. Kind of defeats the purpose of getting the audience all fired up with promises of riches in 2 to 5 years. Very few IBO's get rich in Amway and how rich they are is debatable. Subjective. Everyone has different benchmarks what they think is “rich”. At Amway functions we see slide shows of mansions, luxury cars, and expensive material possessions. For all we know these items are rented for the filming.
Many people would think a person earning $200,000/year is a good income. Is it achievable in Amway? Apparently so. In their literature they say that .0065% of IBO’s earn $200,000/year or more.
Get it? That’s a tiny fraction of 1% of all IBO’s. That would likely be a Diamond income and a good chunk of that would be from speaking engagements at Amway functions not from commissions and bonuses for the Amway products their downline have been purchasing.
Our Platinum was a professional liar. The one thing he couldn’t explain was after 15 years flogging Amway shit was why he wasn’t rich. Or at a higher level on the Amway pyramid. I’d say that the 15 year mark for someone to be rich qualifies for get rich slowly. That sack of shit can’t get rich quickly and he can’t get rich slowly either!
Odd because as a cult leader I’d put him on the same frightening level as Reverend Jim Jones and Charles Manson. Our Platinum has swindled many people over the years directing their hard earned money to Amway products and tools.
Anyway I was going through my computer looking at web pages I’d saved and cleaning up the ones that are dead links or no longer interest me and today’s topic was because I’d bookmarked a web page called Get Rich Slowly. I haven’t looked at in years - probably not since I bookmarked it! I just looked it over again and I have a feeling this blogger follows the advice of Dave Ramsey. I read one of his books a few years ago called The Total Money Makeover. He has 7 steps to achieving financial freedom. There are a lot of people out there who are huge fans of Ramsey and many of them seem to take the attitude its Dave’s way or the highway. Kind of like the attitude Amway IBO’s have about how there is no other way to financial freedom except through Amway! When I read the book I found some of Ramsey’s advice good but a little strict for me. Bottom line most financial advisors say the same thing: incur no debt, pay off any existing debt, save for retirement, invest your money, buy a house, etc, etc. They all have different paths to reach those goals.
Its kind of like your Amway upline. They all have paths to reach their goal and it usually involves abusing their downline and taking their money and destroying their lives. All in pursuit of the almighty buck.
To sum it up. Unless you are a good cult leader, a good liar, and don’t give a shit about destroying other people’s lives, you will never be part of the .0065% of IBO’s who get rich slowly or get rich quickly from Amway. You won’t get rich period in Amway. If you’re a half assed cult leader you might break even or make a small profit but that takes a lot of hours and lots of money invested.
You’d do better taking a second job, even minimum wage, for 5 hours a week. You’d make more money than the average IBO right there and don’t have to spend any money to do so and spend way less time working a part time job instead of working the Amway business. Then take that money from the second job - lets just call it $50/week to work with even numbers - and invest that money and play the stock market. A little fun money every week and if you take the advice of some good investors it could be the path to get rich slowly.
Sure beats the Amway path to the poorhouse!