Is Amway An Honest Business?
- Author James Hicks
- Published April 12, 2011
- Word count 502
There are various reports on the internet about Amway, some good and some saying that it's a rip off, but why, when Amway are one of the longest standing, most respected companies in the industry?
Chance's are that the people writing these negative reviews are either involved with, or have been involved with Amway and failed to make any money with them.
This is a common trend in the network marketing business, a large percentage of folks will not make a profit. You need to have a certain level of skill in particular areas if you are to be successful in the industry, the MLM business model itself is very powerful and endorsed by Bill Clinton and Donald Trump.
Naturally if someone didn't succeed with Amway, they may feel more inclined to write a negative review, but the fact that they failed may not be totally their fault. It's most likely that they were recruited by an overzealous Amway distributor (IBO - Independent Business Owner) who promised them the earth. It has been known that some IBO's in Amway have turned on the hype in order to increase sign up rates. This can obviously lead to a lot of annoyed people.
No one can dispute that Amway is a giant in the industry, they sell millions of dollars worth of products every year and their distributor numbers across the world are in the millions. They have consistently grown and become stronger, and although their growth has slowed right down now, they still remain at the top of the stack. They are ranked by Forbes as one of the largest privately owned companies in the U.S. and by Deloitte as one of the largest retailers in the world. They are also still trading despite being heavily regulated by the Direct Selling Association (DSA) of America.
If the company was an outright scam then they wouldn't still be around that's for sure.
Many people will struggle with their Amway business because the training they offer is quite frankly old and outdated. They are still stuck in the shopping mall and 3 foot rule routines that we have all come to hate and (most of us) abolished in our business. In fact some like cold calling and door knocking are scorned upon and you will probably meet with a fair bit of unpleasantness if you tried them.
Every network marketer knows that your best success and highest conversion rates will be found within your warm market. There is still going to be only a small percent of people who sign up with you, so you really should be focusing on increasing your warm market reach.
Amway are a good, legitimate company and you should join if you want to. The main thing is to go in with your eyes wide open and realise that this isn't a free lunch, but in actual fact a real business that requires hard work and dedication. Many people are doing it with great success and I'm doing it myself.
An Amway hoax doesn't really exist. To understand how you can produce unlimited leads and cash flow for your business check out the authors MLM training centre.
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