Investing INSIDE YOUR Amway Business? One of the plain things that many Amway IBOs do is to purchase cds, books, voicemail, websites, seminar seat tickets, etc. These materials are expected be an “investment” to help an IBO to succeed. But it’s obvious to me that the folks who sell these materials are more successful than those who use them.
What makes these materials possibly bad for an IBO’s resources is that lots of IBOs are informed these “tools” are an “investment” into their business. I believe that these tools are simply a drain with an IBO’s bank-account rather than truly an investment. An investment into your business should be for something that really helps to increase your business.
For example, advertising can be considered a useful investment as it gets information out to your potential prospects and to create product recognition. If you possessed a tradional business, you’ll have to create much more money than you’ll need for opening an Amway business. That’s true, but a traditional business will likely feature a building and possibly some real property and/or equipment. This is a tangible investment. In case your business doesn’t work out, you can sell the land and/or building and equipment still, or transfer the lease to another business owner and recoup a few of your initial investment.
Contrast this with former IBOs who finish up selling their Amway tools on ebay or craigslist for pennies on the money. I’m not sure they have any takers. People state you can sell you business, but there is a cumbersome process included, which includes offering your Amway business upline.
But why would upline purchase your Amway business? Your upline would inherit your Amway business if you remaining Amway. Also, in a normal business, you may have to make other “investments” such as perhaps purchasing a company truck or other equipment that will help your business to be efficient and/or to move product. These materials, while they may depreciate, still bring value and can be liquidated if your business comes.
What can an IBO sell to offset deficits if they stop their Amway business? Sell their white table and easel I suppose, or they can try to sell their excess inventory if any, but generally, an IBO’s business doesn’t gain any equity. You don’t own your downline. You do not own anything really, except your spot in the Amway hierarchy, which is basically worthless.
The way I see it, the purchase of tools is an investment. An investment into your upline’s business. The greater you purchase, the more your upline prospers. As well as the cherry on the sundae is that your upline advises you to buy tools because they have your “best interest in mind”. More like your upline has their own best interest in mind. Think about this with an open up brain and you also shall see what I see.
- Go to the web page you want to delete
- Is there a cash back guarantee
- Identify your building rent, website cost, and similar monthly bills
- 11 the twelve months for which the tax is being
- Find a location and create a website
- 1st Std 10
- India Graphite Powder Market (Volume, Value and Sales Price)
This review is roofed in our Fiscal Year 2013 Annual Audit Plan and addresses the major management problem of Tax Compliance Initiatives. We would like to clarify a few issues based on the IRS response to our report. The response areas that our report views approvals as evidence that the Exempt Organizations function shouldn’t have looked closely at those applications. We disagree with this statement.
Our objection was to the requirements used to recognize these applications for review. We believe all applications should be reviewed to approval to determine whether taxes‑exempt position should be granted prior. The IRS’s response also states that issues discussed in the report have been resolved. We disagree with this declaration as well.
Nine suggestions were designed to appropriate concerns we raised in the statement, and corrective activities have not been fully implemented. Further, as our report notes, a considerable variety of applications have been under review, some for more than three years and through two election cycles, and remain open. Until these cases are closed by the IRS and our recommendations are fully implemented, we do not consider the concerns in this are accountable to be resolved.