Making sustainable income from Amway.

I am already making money from directly selling Amway products, its little but makes a big difference I will show you later on the blog.

I haven't made money from recruiting as yet because I have a network of twenty inactive people. It has been nine months since I started and I am beginning to get a hang on it. It doesn't have to take you that long if you learn from my advice

No matter how hard I try I cant shake off the basic business principles. My up line keeps suggesting only passive income and I shouldn't take the sales route. I still think that's crazy when I look at people and the environment around my living standards the shopping model doesn't make sense until you master the selling route. 

As  I said in my previous blog you cannot live a 100% passive income life, there has to be even if it means 1% activity on your side to keep the passive alive. Consider the 80/20 or 90/10 rule

People want an opportunity to make more money as they are already hard pressed with the cost of living.

There is still the basic business model you still have to apply. Considering the fact that I am already making money from just sales and its making a difference, I can consider inviting others to the party using the same model  the possibilities seem exciting.

This is the reason why I have 20 inactive people I have not managed to show them how they can make money immediately through sales. I cannot continually ignore feedback from my down line after all in a way they are my clients at a consultative level.

This is how you can do it.

Set a direct sales target of R 1000.00  a month, R 33 a day or R 250 a week profit before you even start recruiting people.

What can you do with extra R1000.00  a month?.

• Pay your child's school fees. 
• Go on a holiday.
• Buy yourself or family a nice present.
• Pay off a debt that is sitting on your conscience and last nerve
• Pay off or add extra the housing loan/mortgage 
• Pay off or get a loan on a new car
• Monthly petrol
• New Clothing
• Invest for your retirement
• Pump into interest generating vehicle/asset
• Extend your House build back rooms for rental
• Study further
• The list goes on
• Go to gym
• Buy Expensive nutritional health supplements
• transport money
• Rent money
• maybe you can even afford renting in that surburb you could never afford.
• Save it 12 months its 12 000.00 a year
• Get that bond that you couldn't qualify for.(banks can give you credit for extra income that consistently comes into your account for longer than six months)

The problem with people is greed,  being unappreciative and setting unrealistic goals. People want to get into Amway to make millions overnight. Truth is if you take care of the little, the great will come with time. Besides I believe a little can make a big difference in your life. 

Calculate R1000.00 a month in 20 years with compound interest.

Show 10 more people how they TOO can change their lives by making an extra R1000.00 a month selling Amway products. This way you will be expanding your income as well because Amway compensates you for showing more people. If they keep ordering, a percentage of that money gets paid to you as bonus points or commission.

* This is where most people do not understand or accept the Amway compensation plan.

People who see something wrong for being paid commission for showing others a good idea just need help. This is because normal society has been slave driven to believe in direct income. Little do they know that their bosses or companies they work for make money from their efforts while helping them work for their salary in very much the same way.

To make R1000.00 direct sales profit (collected from customers) you have to move stock worth R 3000.

Amway will give you 3% of that amount directly into your account as a bonus every month you move that much stock.

TOTAL R 1090.00

Not bad

Now you get 10 people who will move stock worth R 3000 to collect R1000 profit from customers plus R90 bonus.

Amway credits you for the entire stock of 3000 x 10 people + your 3000 totaling R 33 000.00 

your bonus becomes R 2970

Your total earning then becomes R1000 (direct sales) + R2970(bonus) = R 3970 every Month

Had your Entire Stock been just a bit higher by R 500 you would have earned the 12% commission bonus on

 R 33 500 stock which is R 4020 plus 1000 on direct income.

Total earning R 5020.

Now the question changes to what would you do with an extra R 5000 a month.

Hmmm R 5000 a month is R 60 000 a year.

What would do do on a R 60 000 holiday at the end of the year. or pay children school in advance.

Even on a month to month basis R 5000 a month is a huge change in lifestyle, gym, health care, skin care, new clothes, pay off debt, new house or new car.

I went on Google to calculate compound interest of R 5000 a month on unit trusts with 15% interest over 20 years and found it amounts to : R 1,614,532.44 

Set these realistic targets you will have no need to ever quit Amway. Even if it made an Extra R100 a month why would you quit. Would you rather go borrow the money from a neighbor friend or relative in time of need.

On the next blog I will be showing you stress free selling which is how I am already generating income from Amway.

Now the income possibilities grow exponentially which I wont explain here on this blog but all I can say is with consistency and depending on what your goal, plan or expectation is you can generate a whole lot more.

How Soweto can make it in Amway.

THE SBUDAH METHOD

The common sense Soweto guide to making money in Amway

AMWAY

If you want to make it on Amway you have to face the fact that Amway is a retail company founded as a retail company with its founders as sales reps selling products. These two late guys Jay van Andel and Richard DeVos came up with a strategy to leverage their selling techniques by recruiting sales people and gave them power to recruit more and receive their commission as incentive.

In a quest to really figure Amway I went into it's history and founder's minds. As founders of this currently No 1 direct selling company in the world using mlm or network marketing method they are the most successful on top of the incentive chain. It would only make sense to go into their minds to figure out what its all about.

I listened to one of the late founders speeches as he addressed the then Independent business owners to figured what they were all about. Amway is Not only a retail sales but also a distribution company. Their strategies were designed with fairness and integrity in mind with an attitude to empower even the poorest and underprivileged person as equally as the privileged.

NETWORK 21

In comes Network 21 as a training provider. Network 21 has largely been confused with Amway becuse of its effectiveness in getting the word out there. Network 21 is not Amway in anyway but an authorised training provider founded by Jim and Nancy Dornan who are simultaneously members of Amway after branching off from the Dexter Yager  training program to make their own. By the way I heard that anyone who reaches diamond status on amway is permited to do the same.

DIFFERENT INSTITUTIONS

This bring us to a point where I discuss the different institutions in this whole Amway saga. Not only are these institutions different in name they are different in approach. When Jay and Rich founded Amway there was No NETWORK 21 or YAGER program. These programs are said to have kept tried and tested formulas or methods to succeed in Amway. Although  I believe that can be true it It has become obvious to me that may not be the absolute truth. With different environment, circumstance, time and culture the variables should be adapted. I have and  noticed distinct differences in the thinking and approach of the founders of training providers versus the founders of Amway.

DIFFERENCES

To note a few.

Amway believes in being upfront about being an Amway distributor.

Training providers teach discreteness . This they say is to bypass the negative preconceived ideas in people minds.

I differ with training providers on this one because it makes you come out as deceptive and once you lose trust of you friends because you tried to trick them into business not only would you have lost a prospect but trust, credibility, face and friendship. This is the reason why people are so traumatized about this company. No one enjoys losing friends.

Amway teaches to avoid the hard sell

Training providers teach aggressive selling.

This again to me is a problem which will be met with resistance and resentment. No one wants to be pushed around or cornered, this triggers fight or fright instincts.

Amway emphasizes on selling products.

Training providers emphasize on building the network to the point of despising and undermining product sales.

Amway has free and almost  free training

Training providers cost and arm and a leg (Tongue in cheeck) excuse the pun.

THE COMMON SENSE SBUDAH METHOD 

1) Gradually explore products you can afford.

Avoid being placed under pressure to be a hundred percent user immediately, gradualy take your time to explore products bit by bit taking into consideration your budget . Amway products do not come

cheap.  You can start with replacing you home care products which you would spend money on anyway worth say R100.00 a month and grow from there.

2) Be retail sales orientated.

Identify markets and match them with products. Look for people who are already using similar products. The advantage in your Amway product case as you know and everyone (even none Amway members)  will tell you 

"THE PRODUCTS ARE GOOD THOUGH" 

Eg 

Sell car wash to people who are already washing their cars

Colognes to people who use colognes

Multivitamins to health enthusiasts and ageing people.

 Focus on select products you are passionate about and willing to master.

Stay visible at all times. Use Amway products and keep logos stickers and tshirts and material in plain sight whenever you can. This helps you advertise without the need to talk too much which is a major turn off and repellent.

3) Make Money from direct sales 

This is where the wheel starts turning.

Set realistic Goals and targets eg R 1000 (U$100) a Month mark.

This will keep you motivated as you see the instant results.

R 1000(U$100) a month markup will mean you will have to move R 2000 ( U$ 200) worth of stock (30%) which will already mean you qualify for a bonus over and above the retail markup of  R 2000 (U$ 200)

This will mean will will not have to buy Amway products attend seminars from your personal budget, relieving you of the financial stress that causes many to quit. Never under estimate the impact of  R 1000 (U$100) a Month, Thats R12 000 a year. Imagine spending that on your family in December, or paying your child's school fees, buying that lounge or dining room suit you wanted or paying of that debt that caused you ulcers, stroke  or sleepless nights. That alone will count in your favour as far as representing amway as a viable and sustainable business opportunity.

4) Build a team

Now that you are making money that anyone can see, it should be easier to attract business/network partners and teach them to do the same. Now that you have mastered making money from moving stock you know what to teach your network partners and as they move their stock you get a commission incentive from their moving stock for showing them the opportunity, introducing them into the business and being a good mentor and getting paid for it sounds fair enough. From my experience people will always want to copycat something that brings in money. You wont have to invite them they will ask for it or even investigate behind your back.

This is where the real power of  the Amway compensation plan expresses itself because with building a team and network you can make much more that what you can directly with you two hands and feet.

5) Get education and exposure

Now that you are making money (from direct sales) you can enjoy buying seminar tickets, C,d's books at will and pleasure to your delight which will make you an even better sales person, peoples person, network builder, entrepreneur and leader.Most of  network 21 material is good but comes with a bitter pill when you have to break you bank and buy it with your last cent. Its not fun reading a book on an empty stomach. That being said this will avoid up line hard sell methods to get people at seminars at all costs even at the cost of their lively hood.

6) Be realistic
Most people loose heart because they set unrealistic goals and want to become overnight millionaires. Truth is amway is not a get rich quick scheme but a business opportunities with reliable products and a powerfull duplication system which increases your chances of success. In traditional business world it is said that 95 percent of businesses fail in five years. If you want to stick around Amway set realistic target like "I want to make and extra R1000 (U$100) a month. If you hit that target you will or should have no reason to stop why would you?

7) Use attraction marketing
Dont be a pest, find a way to attract peole towards your business rather than run around after them.
Speak less and do more. use the 80/20 rule. By all means do speak by less than ususal. this you can do by:
- giving away freebies.
- silently flaunting the results eg buying a new car, entertainment system, or on holiday on Amway money
This to me is the most persuasive method. People want to see results.
- keeping Amway products brochures and stickers visible.

THE ILLUSION OF 100 PERCENT PASSIVE INCOME.

Avoid the illusion of 100 percent passive income, even the richest men in the world do spend some time monitoring and working on their investments. Its may be 1% active and 99% passive but for passive income to be sustainable it has to have the element of activity. On the Amway case, passive income is sustained by the direct sales activity. Undermine it at your own peril.

Y NOT?

One of the reason I do not see myself quiting amway is that I spend money on cleaning stuff anyway. I need extra cash anyway. I cant tell you how many times I was short of cash and found a way to sell an amway product for transport or lunch money. Conventional retail stores don't give me the same advantage and opportunity.