What is told at the open meeting is 8 to 12 hours per week. Biggest lie of all.
this is how a typical IBO's day goes, assuming he has a 9-5 job.
on a weekday - from 5 pm to 10 pm is your prime time. this is the time you should do your 4 basics of contacting, calling prospects, showing the plan or do follow-ups, and also retail sales. according to a very famous diamond, you should do the 4 basic in reverse.
but you have only 3 weekdays to do this. open and pase mtgs will take 2 weekdays. but you see, you can still do some work before the open - for which you need to show up only by 7:30 and show up at your pase only at 7:30 or 8:00. so you squeeze in few more hours here.
weekends - start your car ride to costco, wal-mart, malls, grocery stores - literally anywhere - or go long distance.
you are encouraged to build the business 5 nights per week, but 3 nights are gone for open, pase and phone meetings.
the total time you will be working your biz is anywhere from 20 to 30 hours per week!
then you need to talk to your upline and downlines (if you have any). add 2 to 3 hours per week.
if your upline calls for a kate conference, add another 2 hours that week.
then communikate voice messages and email - you will spend average 3 to 4 hours per week on that one.
reading - give 4 to 5 hours per week (if you are an avid reader) else give 7days * 15 mins/day = 105 min/week.
and listen to your CDs while driving, so that time does not count.
how would you like to spend 30 to 40 hours a week, and spend the money explained in here and would like to make the money your 1099-misc shows???
Be truthful to yourself first; then listen to others and only use what aligns with your own self. Never blindly follow anyone, even if you respect them a lot.
Showing posts with label quixtar. Show all posts
Showing posts with label quixtar. Show all posts
Monday, November 2, 2009
How much does it cost to run an amway/quixtar/BWW business?
While Amway/quixtar plan is very clear and says exactly how much you will get paid at each level, what your upline will never tell you are the hidden costs.
When you first hear the plan at the open meeting, you will hear things like "You just redirect your buying power. Take $250 you are spending outside in wal-mart, costco, grocery stores, and buy from your own store. You have no employees, no overheads, no running costs. You shop and refer others to shop. You make $2700/month." Also they tell you,"In the next 6 to 12 months, working anywhere from 8 to 12 hours per week, you can reach platinum and make $2700/month." (Read my other post on how much platinums really make.)
Here is the truth.
If you have to get REALLY committed and become someone who is going to be the NEXT PLATINUM on the team, then here are your actual additional expenses for your business:
(1) If you have only one car and you are a couple, then you will think about a second car, so that your wife can do retail. While this looks appealing and gives you both more mobility, if your wife is already not selling products then it will put a big hole in your pocket.
(2) Most likely you will be driving around your town in evenings and weekends and may "prospect" in different stores in different locations. It will easily put 10 to 30 miles per weekday.
(3) If you have a group that is 6 to 8 hours away from where you live, you need to drive there on weekends... to show your commitment, you will start driving on Friday night and reach there Saturday morning super exhausted.
(4) If you get a group in a place like California and you are sitting in New Jersey, then you will need to fly there sooner or later...
(5) Based on the experiences of one of my downline IBOs: if you are sitting in California and your uplines are all in New Jersey, then you need to fly to many leadership events in NJ. These will be for very insignificant pins, like 600 PV or 1000 PV or eagle, where you don't even make as much money as it takes for your travel and leadership event ticket. Sometimes you need to attend a big function that is on the other side of the country!
(6) You do 150 PV as single IBO and 300 PV as couple - that is a CORE requirement. If you are not selling at least 50% of this (most IBOs don't even sell 50 PV, forget about selling 50%) then you will be spending $450 as single and $900 as couple per month, not the $250 they show. If you do a careful analysis you will see that to get one PV you will be spending close to $3. Quixtar/amway says this in their documents, but your upline and the education system will not.
(7) Shipping costs have increased... for an order I placed last month for $300, I had to pay close to $30 for the shipping.
(8) Standing order is minimum wage. Lot of nice CDs will come on leadership standing order. You will slowly get onto it. Put $7.50 plus tax per week.
(9) If you show more commitment, then you will get on WWDB standing order. So add another $7.50 plus tax per week. And, oh! you need to buy extra story CDs, Power Wave, lit packs, DVDs, PNAsheets, etc.,
(10) You will need to change oil in your cars more frequently, if you drive a lot of miles. In my upline's case, he was driving 35000 miles per year on an average. His work is 5 miles from his home, so he could not have put more than 3000 miles for his work!
(11) Gas price - you will easily be spending $100 to $200/month for running around your town, doing your "4 basics" and meetings.
(12) Laundry: you need to be crisp and sharp all the time because you don't know when you will meet your next diamond, right? Also you may need to invest in some nice clothes. And oh, you need a suit, tie, and nice shoes. Your spouse may need a couple of nice dresses too! This may be good for you, but these costs are all HIDDEN.
(13) If you have one or two downlines coming around, then be ready to buy more products for doing grand openings in their home.
(14) Samples - you will give lot of samples to prospects! my experience was less than 10% of the people actually place an order. About 50% of them never try your products. And, oh do not forget the catalogs - they do not get you any PV, but you need to buy them to give to others!
(15) Factor open meeting attendance charge. Typically $4 per person or $5 per person. If you are doing with spouse, then double.
(16) Function expenses: ticket costs $95 to $105. You need to stay in hotel for 2 nights. If you prefer privacy, then you spend close to $200 in hotel, $200 in tickets and another $50 for food, coffee, etc., Most likely the function will be a long drive - bus drive means $55 to $100 per person and if you drive your own car, then factor the miles.
(17) Meetings after the meetings, night owls: if you go to Dennys, Diners, or anywhere after your meetings, then you cannot simply sit and not order something. If you do, you will be scolded indirectly at the next open meeting at the training. So you will spend a few bucks there - at 12 midnight putting on more calories in your system.
(18) Communikate: about $35/month.
(19) New addition: web space, BWW TV - another $25/month.
(20) If you do not want bww.com email address (because your prospect can figure out you are an amway IBO) and prefer your own domain name email address, then you pay another $50 per year.
(21) S.A.M. - this costs about $600 plus shipping. the skin analyzer magnifier machine... if you are not selling Artistry products, till now, YOU WILL GET THE MOTIVATION after you buy a S.A.M. machine!
(22) WORST: if you are a fake platinum or gold or silver, still you need to go to GO DIAMOND... the big event for the real leaders and the real men and women - so factor flight charges, ticket charges, hotel charges, food expenses, rental car expenses and since it may be in an exotic location like Florida - you may be tempted to visit the theme parks and spend more money. In my opinion, the big leaders who conduct these functions, should really allow only people who made at least $20,000 the previous fiscal year to attend these events. But you see, half the people won't come to GO DIAMOND anymore then and whoever is profiting from these events will not make the money.
In my experience, I have seen people spend anywhere from $2000 to $2500 per month just to maintain a small 5 to 10 people business, which makes $300 to $400/month. Only 5% or less of the IBOs at the meetings actually qualify eagle within the first one year, even though you are supposed to reach this level within the first 3 months. Many who qualify eagle do not re-qualify the following months. Are people so dumb that they cannot build this fast or is the system really not working?
So am I telling you should get out? No, go ahead and build it properly by selling products and building a huge team and actually making a profit after all these expenses. Then come back and comment here.
Till then,
run around in malls trying to smile and ask someone "Are you from such and such place/country/university?" "You look familiar. Have we met before?" etc.,
feel sick at the functions, BBS and the open meetings,
fight at your home,
miss your children,
tell many different lies and lie to your parents and others telling how much money you are making with your business,
have many sleepless nights,
have close to zero savings account,
do not talk to your relatives who are negative,
do not take any vacations,
do not do anything for fun without feeling guilty,
have wet palms every time you go to any store,
< add anything else that makes you feel sick >
When you first hear the plan at the open meeting, you will hear things like "You just redirect your buying power. Take $250 you are spending outside in wal-mart, costco, grocery stores, and buy from your own store. You have no employees, no overheads, no running costs. You shop and refer others to shop. You make $2700/month." Also they tell you,"In the next 6 to 12 months, working anywhere from 8 to 12 hours per week, you can reach platinum and make $2700/month." (Read my other post on how much platinums really make.)
Here is the truth.
If you have to get REALLY committed and become someone who is going to be the NEXT PLATINUM on the team, then here are your actual additional expenses for your business:
(1) If you have only one car and you are a couple, then you will think about a second car, so that your wife can do retail. While this looks appealing and gives you both more mobility, if your wife is already not selling products then it will put a big hole in your pocket.
(2) Most likely you will be driving around your town in evenings and weekends and may "prospect" in different stores in different locations. It will easily put 10 to 30 miles per weekday.
(3) If you have a group that is 6 to 8 hours away from where you live, you need to drive there on weekends... to show your commitment, you will start driving on Friday night and reach there Saturday morning super exhausted.
(4) If you get a group in a place like California and you are sitting in New Jersey, then you will need to fly there sooner or later...
(5) Based on the experiences of one of my downline IBOs: if you are sitting in California and your uplines are all in New Jersey, then you need to fly to many leadership events in NJ. These will be for very insignificant pins, like 600 PV or 1000 PV or eagle, where you don't even make as much money as it takes for your travel and leadership event ticket. Sometimes you need to attend a big function that is on the other side of the country!
(6) You do 150 PV as single IBO and 300 PV as couple - that is a CORE requirement. If you are not selling at least 50% of this (most IBOs don't even sell 50 PV, forget about selling 50%) then you will be spending $450 as single and $900 as couple per month, not the $250 they show. If you do a careful analysis you will see that to get one PV you will be spending close to $3. Quixtar/amway says this in their documents, but your upline and the education system will not.
(7) Shipping costs have increased... for an order I placed last month for $300, I had to pay close to $30 for the shipping.
(8) Standing order is minimum wage. Lot of nice CDs will come on leadership standing order. You will slowly get onto it. Put $7.50 plus tax per week.
(9) If you show more commitment, then you will get on WWDB standing order. So add another $7.50 plus tax per week. And, oh! you need to buy extra story CDs, Power Wave, lit packs, DVDs, PNAsheets, etc.,
(10) You will need to change oil in your cars more frequently, if you drive a lot of miles. In my upline's case, he was driving 35000 miles per year on an average. His work is 5 miles from his home, so he could not have put more than 3000 miles for his work!
(11) Gas price - you will easily be spending $100 to $200/month for running around your town, doing your "4 basics" and meetings.
(12) Laundry: you need to be crisp and sharp all the time because you don't know when you will meet your next diamond, right? Also you may need to invest in some nice clothes. And oh, you need a suit, tie, and nice shoes. Your spouse may need a couple of nice dresses too! This may be good for you, but these costs are all HIDDEN.
(13) If you have one or two downlines coming around, then be ready to buy more products for doing grand openings in their home.
(14) Samples - you will give lot of samples to prospects! my experience was less than 10% of the people actually place an order. About 50% of them never try your products. And, oh do not forget the catalogs - they do not get you any PV, but you need to buy them to give to others!
(15) Factor open meeting attendance charge. Typically $4 per person or $5 per person. If you are doing with spouse, then double.
(16) Function expenses: ticket costs $95 to $105. You need to stay in hotel for 2 nights. If you prefer privacy, then you spend close to $200 in hotel, $200 in tickets and another $50 for food, coffee, etc., Most likely the function will be a long drive - bus drive means $55 to $100 per person and if you drive your own car, then factor the miles.
(17) Meetings after the meetings, night owls: if you go to Dennys, Diners, or anywhere after your meetings, then you cannot simply sit and not order something. If you do, you will be scolded indirectly at the next open meeting at the training. So you will spend a few bucks there - at 12 midnight putting on more calories in your system.
(18) Communikate: about $35/month.
(19) New addition: web space, BWW TV - another $25/month.
(20) If you do not want bww.com email address (because your prospect can figure out you are an amway IBO) and prefer your own domain name email address, then you pay another $50 per year.
(21) S.A.M. - this costs about $600 plus shipping. the skin analyzer magnifier machine... if you are not selling Artistry products, till now, YOU WILL GET THE MOTIVATION after you buy a S.A.M. machine!
(22) WORST: if you are a fake platinum or gold or silver, still you need to go to GO DIAMOND... the big event for the real leaders and the real men and women - so factor flight charges, ticket charges, hotel charges, food expenses, rental car expenses and since it may be in an exotic location like Florida - you may be tempted to visit the theme parks and spend more money. In my opinion, the big leaders who conduct these functions, should really allow only people who made at least $20,000 the previous fiscal year to attend these events. But you see, half the people won't come to GO DIAMOND anymore then and whoever is profiting from these events will not make the money.
In my experience, I have seen people spend anywhere from $2000 to $2500 per month just to maintain a small 5 to 10 people business, which makes $300 to $400/month. Only 5% or less of the IBOs at the meetings actually qualify eagle within the first one year, even though you are supposed to reach this level within the first 3 months. Many who qualify eagle do not re-qualify the following months. Are people so dumb that they cannot build this fast or is the system really not working?
So am I telling you should get out? No, go ahead and build it properly by selling products and building a huge team and actually making a profit after all these expenses. Then come back and comment here.
Till then,
run around in malls trying to smile and ask someone "Are you from such and such place/country/university?" "You look familiar. Have we met before?" etc.,
feel sick at the functions, BBS and the open meetings,
fight at your home,
miss your children,
tell many different lies and lie to your parents and others telling how much money you are making with your business,
have many sleepless nights,
have close to zero savings account,
do not talk to your relatives who are negative,
do not take any vacations,
do not do anything for fun without feeling guilty,
have wet palms every time you go to any store,
< add anything else that makes you feel sick >
Sunday, November 1, 2009
Amway 20% PV/BV uplift abuse
Now, there is a legal way to cheat in Amway.
This was taught by one of uplines (a big pin who has spoken on CDs) to me. My suspicion is my upline diamond is also aware of this or promoting this to his big pins, since I complained to him about this a year ago and still my upline big pin is forcing me to do this. (By the way, both of them talk about integrity, honesty from stage very well and have made several CDs on these topics.)
Amway/quixtar will give 20% uplift on PV/BV if you report customer sales. you can either do this yourself or quixtar will capture this automatically. What you report yourself is something you can cheat on... no one really checks. Amway assumes people follow honor code. But my upline big pin gives another nice idea.
Why not find someone, say a relative or friend, in your local area and register them as your customer? Then you ship all the products to them, get free shipping and the 20% PV/BV uplift...
NOW, isn't that a wonderful way to cheat the company that is paying you legally??? If you fight with him, he will not answer your question...
and you are supposed to be in "submission" to your upline and never embarrass your upline. But what if your upline is a third-rated cheat, who actually believes he is doing a great service to mankind while he is actually doing all dirty tricks to qualify for a pin??? Big booby trap, my dear fellow IBO!
This was taught by one of uplines (a big pin who has spoken on CDs) to me. My suspicion is my upline diamond is also aware of this or promoting this to his big pins, since I complained to him about this a year ago and still my upline big pin is forcing me to do this. (By the way, both of them talk about integrity, honesty from stage very well and have made several CDs on these topics.)
Amway/quixtar will give 20% uplift on PV/BV if you report customer sales. you can either do this yourself or quixtar will capture this automatically. What you report yourself is something you can cheat on... no one really checks. Amway assumes people follow honor code. But my upline big pin gives another nice idea.
Why not find someone, say a relative or friend, in your local area and register them as your customer? Then you ship all the products to them, get free shipping and the 20% PV/BV uplift...
NOW, isn't that a wonderful way to cheat the company that is paying you legally??? If you fight with him, he will not answer your question...
and you are supposed to be in "submission" to your upline and never embarrass your upline. But what if your upline is a third-rated cheat, who actually believes he is doing a great service to mankind while he is actually doing all dirty tricks to qualify for a pin??? Big booby trap, my dear fellow IBO!
Truth about upline leaderships
Chances are your upline is promoting a leadership event to you. Here are some tips for you:
(1) If it is a PV based leadership and if you do not have enough people to back up the PV, then do not buy the products and stock up at home. It will soon become a habit.
(2) If it is a structure based leadership, do not fake any PV checks, SOTs, legs at functions or numbers at functions. If your upline says it is OK to attend the leadership, be man/woman/couple enough to say NO. If you sit in that leadership, you will lose your self image.
(3) Never buy anything on credit card and get into debt for any leaderships.
(4) If you did not re-qualify for a pin, do not keep going to those leadership events that you may be qualified for. Have the guts to tell "No, I will attend after I re-qualify."
(5) If your upline is reaching for some pin, then be extra careful. They may take advantage of any leaderships to achieve their pin goals.
QUALIFY RIGHT FOR EVERY LEADERSHIP EVENT. You will have enough money to cover the expenses and will really have fun. Else you will spend money for faking your pin/numbers/SOT and then spend more money to attend the leadership and will lose your self respect in the process!!!
(1) If it is a PV based leadership and if you do not have enough people to back up the PV, then do not buy the products and stock up at home. It will soon become a habit.
(2) If it is a structure based leadership, do not fake any PV checks, SOTs, legs at functions or numbers at functions. If your upline says it is OK to attend the leadership, be man/woman/couple enough to say NO. If you sit in that leadership, you will lose your self image.
(3) Never buy anything on credit card and get into debt for any leaderships.
(4) If you did not re-qualify for a pin, do not keep going to those leadership events that you may be qualified for. Have the guts to tell "No, I will attend after I re-qualify."
(5) If your upline is reaching for some pin, then be extra careful. They may take advantage of any leaderships to achieve their pin goals.
QUALIFY RIGHT FOR EVERY LEADERSHIP EVENT. You will have enough money to cover the expenses and will really have fun. Else you will spend money for faking your pin/numbers/SOT and then spend more money to attend the leadership and will lose your self respect in the process!!!
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