Quixtar BLOG Discussion

In my opinion, one of the biggest myths about teh quixtar opportunity is the promotion of early retirement based on residual income. Does anyone know of diamonds who actually "walked away" from their businesses and collect a significant income?

I don't claim that none of these types exist, but somehow, I am compelled to believe that if this were common, then some uplines would promote it as a selling point.

What is more visible is very tenured diamonds continuing to work functions, albeit perhaps not as rigorous as a 9-5 schedule.

I heard John crow retired from this business. Wasnt he seriously injured and stayed away from the business for years?

my Diamond, would fly and do Saturday Seminars for the Yager organization. I don't know how often, but he once remarked that when he was a 'new' Diamond, you went to the no so good locations. He said you didn't dare turn down a 'request' from Dexter.

plus he would go around his group and do the weekday 'opens'.

sounded exciting: just worked weekends and evenings and had to drive or fly long distances to get there.

this doesn't count preparation of 2 major functions of his own, and required attendance at other's functions

this is why they probably organized all those elaborate excursions with their downline emeralds. THAT was probably the ONLY vacation time they actually had.

retired? yeah

Well, I've maintained that being an IBO of any stature is like treading water: the minute you stop working, you start to sink. Amway's statistic of renewal - that 2/3 of all new IBOs signed won't renew the next year - almost guarantees that you will HAVE to continue building your business.

I know a Diamond who retired, and their lack of involvement led to the slow disintegration of their downline. It was OK with them, simply because their real world jobs had provided a generous retirement fund - they could afford to lose the bonus checks from Amway.

Deb

I agree. To some extent, such as XBeliever, your group may still move volume and produce some "residual" checks, but it won't last without ongoing maintenance. It's just the nature of the business.

In all fairness, that's the nature of a lot of businesses - particularly the two that Hubby and I are about to get into? Used cars and watercraft: you sell 'em and might not see that customer again for years. Always on the lookout for new customers. The big difference is that in our businesses, we advertise, then people seek US out, not the other way around.

Personally, I find that method to be easier

Deb

plus ya don't have to see if they want to start a business

Or lie about the name of your own business?

That's the whole point, Deb - there's no such thing as a "residual-income" business - it's just another FRAUD perpetrated on IBOs.

The Amway Corpn. KNOWs that. But it's to their benefit to have this bull bandied around, so they look the other way.

If I had known this, I would have NEVER joined.... I never heard this statistic until well after I quit.

And as far as a Diamond's business slowly fading away without their support, this is the exact OPPOSITE of what they tell you.... a LIE

and you CAN have a used car lot that will run itself in your absence; I know several people with multiple locations that have employees and managers that are loyal, dependable and are making money.

Not on a PERMANENT basis though - you can NOT have NO oversight, and have the money rolling in. Yes, if you have dependable employees and managers, sure you can take vacations, but NOT the 'permanent' kind...

The Amway-kind.... you know - "walking the beaches of the world"....?

Oops... that should've been - "SUPPOSEDLY the Amway-kind"!!

yes, you are correct, you have to have SOME oversight; one dealer has a General Manager that oversees the day to day operations; on a smaller operation, sure, more oversignt.

Well, there IS residual income in certain areas - when PW writes a new theme song for the Olympics, he'll get a few pennies every time it's played. To me, "residual income" means you created something once that continues to pay without further work on your part.

The ideal Amway business has repeat orders/customers. And a downline with the same. But each order still requires a certain amount of effort, even if it's nothing more than calling and saying "thanks for the order". The thing that makes Amway special is the personal contact - and the folks who treat it like it's "residual income" will find their customers don't come back. No customers = no profit. And no profit = no renewal the following year.

Until a whole lotta IBOs understand this concept, they will continue to struggle to build any kind of business, because the odds are working against them. And it's pretty hard to worry about "retirement" when your *empire* is crumbling as fast as you can build it.

Deb

In our case, "small" will be the answer. Small as in: park the cars/boats indoors and simply put a "we'll be back in 2 weeks" sign on the door...LOL!! You can DO that kind of stuff around our area. yeah - maybe we'll miss a sale - but our income is not dependent on these businesses.

Deb

I was thinking more along the lines of a vending machine construct: you pick out a car, go to the 'parking' kiosk, stuff in $6K or credit card - out pop the keys.

You just have to restock once a week or so and pick up the cash.