Your Questions About How To Do Amway Business Online
Sandra asks…
How to start an online business?
I am looking for ways to make extra money. I’ve tried writing online, not my thing. Does anyone have any good experiences with online business‘s? Whats a good safe one to start up with? I’m looking at Amway global, is that any good?
Jere answers:
One way of earning online money is to create a Toolbar with Radio and Games http://www.createtoolbar.org/
Michael asks…
How do I sell my business?
I have an online business that does between $210,000 – 280,000 per year.
We spend less than $10,000 per year to advertise to get our business and make about 30-35% on the above mentioned figures.
(we recommend that the new owners spend more in advertising to get even better profits!!!)
The great thing about the business is that all the product is brokered out and that it operates almost totally automatic. This business also can be ran from anywhere. We have almost no liabilities.
Does anyone know the proper way to valuate this business?
I want $250,000 – $300,000 for the business
Thanks in advance
FYI – this is a real functioning business – not a pyramid or Amway type of business – we sell product to other businesses.
Jere answers:
The best way to sell would be to contact a buisness broker, that way you can pretty much get what you are asking for.
Laura asks…
Do you want to start your own home business from your home computer?
Have you ever thought about using your home PC as a second source of income? Like, setting up something to earn you cash even when you are asleep? (ongoing residual income)
Well I have! And I did something about it. I am successful now. If there are any GENUINE enquiries, plse email me privately.
adamreilly27@yahoo.co.uk
No selling
No holding stock
Autopilot residual income from your home PC
No Joke!
Email me to learn more.
By the way, it’s NOT:
eBay
herbalife
Avon
kleeneze
Amway
Cashcreate
Online Casinos
or anything like that.
No selling – No stock. No Software to install. Just residual income from something millions of people do everyday. Send me a private email for more. Huge potential for hundreds extra per month. Once set up it will run itself.
adamreilly27@yahoo.co.uk
This is REAL, please don’t dismiss it until you have seen it for yourself. I have had so many people say how sceptical they are, but when they see it they love it!
Jere answers:
YOU AGAIN. What a bore.
Lizzie asks…
Amway biz stressing me out and causing me a nervous wreck; can’t quit cause I’ll let everyone down. Help!?
I’m recent college grad, and about two months ago, I took on a business opportunity with Amway Global, which is a system that teaches people how to change their buying habits, that is buying products online and get revenue sharing. The objective of the business is to refer people and get them to sign up under you as an independent business owner (IBO). Once you become an IBO you get your own website and when you buy off this website you get paid a small percentage (not much money to begin with), known as revenue sharing. The more IBO’s you sign up, the more money you earn, since it’s a duplicatable process. It’s no scam, it’s a legit, a get rich slow project rather than get rich quick. In order to get people, you have to make a phone list of everyone you know like family members, friends, and do some major networking, which doesn’t come all that naturally to me. So it works by calling people you know who may be looking to make some extra income, and if they’re interested then you have to meet up with them in 48 hours to do a quality invite (QI), and this system has the whole QI philosophy. Then if they like the plan, you have to bring them to an open meeting which is at 8:00pm in a hotel on a week night which can last for 3 hours, and then do a follow up with this interested person, and then bingo, you have a sponsor, and IBO or “leg”, aka, sponsor, under you. Within my first month or so, I’m lucky to get my first sponsor who will sign up later on this week. This business is stressful to me because you have to invest money and just about everyone else I know to ask says they’re not sure about the opportunity and they tighten their money. You not only have to get IBO’s but you also have to get people you know well as customers to buy your products. I have three customers signed up under me who cannot afford to buy my products because of the economy, more and more people seem to be losing their jobs or getting their work hours cut back. I worry alot about getting customers and new IBOs while trying to find a better paying job while our country relives the Great Depression. I need to save for student loans. With the job I have now, there’s no way I can afford to keep investing more into Amway. My mom sees that this gig is high stress pressure on me and wants me to quit, but I can’t quit because I’ll let my business mentors down and set a bad example for my new IBO sponsor. I don’t want to hurt anyone’s feelings here or give false hope. My passion is to run my own graphic design company rather than have to sell products. Sure, with Amway you can get rich selling products and the business plan, but what about with me getting rich selling my talents? My friend and I are starting our own design company, freelancing, building a website, and it’s like my mentors from Amway are taking me away from my passion, pressuring me to “succeed” in Amway, BUT I CAN’T LET ANYONE DOWN HERE. I don’t know what to do. My mentor is very gruff and high strung, so what would be the best way to approach him without pissing him off?
I apologize for this post being very long! I have a lot on my mind.
Hey, Gorbs, I clicked on your link and checked it, and it’s a scam, sorry to say. Having to end up paying a fee at the end was a huge red flag. For future reference to anyone, please don’t direct to something that’s a scam, I’m not an idiot. Thanks.
Oh yeah, when you tell me about this opportunity saying “YOU DO NOT OWE THOSE PEOPLE ANYTHING”, well there was a hidden fee, I’d rather not be cheated like that. I don’t mean to point fingers at anyone here, sorry.
Jere answers:
As an Amway business owner and the owner of a number of other businesses, that it is unlikely that you’ll succeed at it if you’re over-stressed. What’s more, due to it’s very nature, if you don’t succeed at it, then your “mentor” gets no benefit either.
The key thing to remember is that it is your business, not your uplines or downlines or anyone else. If you feel you need a break, then take a break! The great thing about Amway is that it’s not going away. You can maintain your membership, buy whatever products you want, or not, for as long as you want. I’ve just taken an 8 yr break with my Amway business due to stress from another business!
Now, if the problem is primarily financial stress, perhaps from buying BSM (business support materials such as books/Cds/seminars) then sit down with your upline, be 100% honest and tell him what you’re saying here – you simply can’t afford it right now. Apart from seminar tickets obviously, there’s no reason he can’t lend you materials free of charge. If he won’t, then keep going upline until you find someone who is sympathetic to your situation and will help you.
Personally I found Amway-related training materials great input for me while I was building other businesses, you may find the same. Remember though, it’s your life and your business, you make the decisions. Sometimes that requires hurting others.
So, in summary, Amway’s not something you have to either quit or give 110% to, there’s other possibilities. Talk honestly to your mentor – if you don’t feel you can, then he’s not the right mentor for you. Try speaking to someone upline until you find someone you connect with. If you’d like more advice, feel free to come chat on http://www.amwaytalk.com
Ken asks…
How do you make money through Amway?
OK so I went to this business meeting yesterday about Amway and they told me that it’s not an illegal pyramid scheme and that I’d be able to make passive recurring income (basically money without labour). I’d have to recruit people into my “team”, and the more people i have under me the more I’ll earn. So they said they wouldn’t pester me with their product advertising etc. So how do these guys (at the top), and me actually make money? (i joined yesterday through trusting a friend)
I’ve read about them in online forums, which basically say you’ll earn nothing if you sell nothing. So would I have to buy these products and sell them myself? If my parents have a grocery store can i leave it for them to sell these Amway drinks?
Thanks in advance
I hope this is not a scam, and I’m relying on the 90 day money-back guarantee to save my a**s if no income comes through in the next 89 days.
And how do you sell these things? Sure you have to be a good talker, and seller with many friends or family members? They didn’t mention any of this during the meeting, which i find odd and suspicious… So basically, it isn’t really recurring income if you have to devote so much of your time to making sales and thus earning percentages to get to the next level etc.?
Jere answers:
To qualify for the “passive income”, you’ll likely have to spend many years of working full-time. In my time the promised passive income was in the range of 400-500$ (and a next stage of over 1000$), and I can’t remember anyone who made it that far.
You do need to have a lot of family connections, or many friends. It won’t work very well on strangers. Not that it’s going to work very well on your family, they will usually only do it to support you, which is what Amway is counting on. Still, don’t expect that a lot of people will agree to sign up or buy things. Most will simply start avoiding you at some point.
To make money, you need to both sell products and recruit people, and the people you sign up have to succeed as well. By design, you need to recruit new people on a regular basis to qualify for anything worthwhile. Also keep in mind that by signing up your friends and family, you’re actually causing them to lose time and money, since a lot of people never manage to earn anything from it.
Guys at the top don’t exactly make money like you do. They were in it from the beginning, so everyone else including you is making money for them. They also don’t just sell products or sign up people. A large chunk of their income comes from books and motivational speeches, which you are often encouraged to buy (your superiors might tell you that you need them if you want to succeed). They also usually have other investments, so Amway is only a part of their income, and not a fundamental one.
Your friend means well, but you should do some calculations and make an estimate on how much you’ll actually have to invest, how much time you’re likely to spend, and how many people would actually be interested. In other words – market research. This is business, there’s no room for trusting friends.
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Very good website you have here but I was curious if you knew of any user
discussion forums that cover the same topics talked about in this article?
I’d really love to be a part of group where I can get suggestions from other experienced individuals that share the same interest. If you have any suggestions, please let me know. Kudos!
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