I was about 18 when my itch for making money started. So lets start how I got introduced to Amway.
I was fresh out of graduating high school and working for a Wachovia near my home. I had just finished school and was filling up at the local gas station on my way home. I was about to finish when a professionally dressed middle aged man walked up to me. He was asking me about my schooling and my job. He then asked if I would be interesting in making money part time. He presented the business as selling sports drinks and vitamins. I was interested as extra money never hurts and I was well naive.
He would not really answer any of the questions I had and kind of was avoiding them (should have been an immediate red flag). He encouraged me to get on a conference call later that night. I got on a conference call which gave the history of Amway, a small business model, and talked about some success stories. Well of course me being so young i got all excited about the money and wanted to get immediately involved. I did not think about how was going to get the money I was just thinking about the money.
So after the conference call I went to a meeting in this guys house that explains how people make their money. It basically a glorified reseller and referral program. You get people to buy your stuff at a certain price and get a percentage. If you refer other people who sell stuff you get a percentage of their sales and a smaller percentage of those peoples sales. Sounds surprisingly like a pyramid scheme.
Well with my group I had to spend 150 dollars on the equipment sales books, product info, and other things. I then had to go to training classes. I tried selling and referring people but it was not really going over well. After a few weeks of this I got tired of it and quit.
So either I was not persistent or patient enough or this program will not work a lot of people. I would say that if I was a great sales man and could convince people easily I could see the opportunity to make money.
So this was my take on Amway Global or Quixtar.
Total Loss 150 dollars. Not so bad but when I was 18 that was a lot of money.
Wikipedia view of Amway Amway Global / QuixtarShare