IBO Expenses on Joecool’s site
There’s a great comment by someone called Dayton Platinum on Joecool’s recent post titled, IBO Expenses. Dayton lists the expenses he’s incurred in his business over the first few years. In his third year, he and his wife hit Q12 Platinum, earning an annual Amway income of $52K.
What I want to highlight are his annual expenses for running his business. He estimates that as a single, his expenses for the first two years totaled between $4000-4800. Now that he’s married, he says to double his expenses, so $8000-9600 a year. Since Dayton is at the Q-12 level, he clearly has more coming in than going out.
Here’s the problem. Everyone who’s in the System is paying about the same amount of money for tapes, CDs, meetings, Major Conferences, etc. If these people are not making money and progressing upwards within the Amway bonus structure, they may be losing at least $4000-4800 a year. This amount might not seem like a lot for one year, but multiply it by two, three, five, or ten years in the business, and you can see how some people complain about losing tons of money in Amway.
So, while it’s great to see Dayton’s success in the business, I only hope that his downline are achieving the same level of success that he and his wife are currently sharing.