Losing by Quitting, Losing By Not Quitting
There’s a good set of comments on JoeCool’s blog post about the psychology of the presentation. An anonymous poster equates quitting the business with being bitter in life. JoeCool’s and Rocket’s responses got me thinking about a recent audio interview with TEAM leader and former Amway Diamond, Orrin Woodward.
In the podcast, Orrin gives his thoughts on losing and quitting (fast forward to the 49 minute mark):
Anybody can do this business. The only way you lose is by quitting.
For many people, not quitting is another way to lose. Orrin would disagree with me, using his example as precedent. Earlier in the interview, he talks how five years into building his Amway business, he only had 200 people attending seminars. A few years later, after learning how to motivate and lead his team, he was seeing tens of thousands of people at functions. Because he didn’t quit, he reasons, he didn’t lose.
Here’s the problem. While anybody can theoretically do this business, not everyone will do the business and succeed. That’s something statistics show quite plainly to anyone who’s ever been involved with an MLM. A person who never quits the business would likely see continual losses year after year (in the form of System and product expenses). How is that winning? In Orrin’s view, you might not be making any money in TEAM, but look at all the side benefits you are getting! If people wanted to join a social club, they would have; they joined TEAM to make money, didn’t they?
I’ll conclude this post with Rocket’s comment on JoeCool’s blog post:
What’s wrong with quitting something?
Sometimes it’s an extremely wise business decision!
Can’t the Ambots see that they are being manipulated to hang in there until the well (their money to buy tools and overpriced products) is completely dry?
If you aren’t MAKING MONEY at what you are supposed to be making money at, and you are doing everything you’re told, they why would you stay in?
It’s either you are getting poor advice from your upline, the business is not viable, or both.
If you are making a profit after expenses, then there’s no issue.
Sadly, this is not the case for the overwhelming majority of the people who get involved.
JoeCool continues the discussion in his latest blog post.