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Scott Johnson and ex-Amway Distributor Lisa returns with her 30 year Amway experience

 
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Manage episode 494282556 series 3648685
Content provided by Building Fortunes Radio Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Building Fortunes Radio Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Hear Lisa return with Scott Johnson and Peter Mingils as she explains her Amway series of stories to this Building Fortunes Radio listening audience.

This is an interesting interview with Scott Johnson and Peter Mingils and a special guest Lisa.

Lisa and her husband were with Amway for over 30 years. Although they are successful in a traditional business, they could really never make considerable profits with Amway, as most potential profits were re-invested in tools and meetings.

You can see more of what Scott Johnson has on https://www.facebook.com/stoptheamwaytoolscam

The Amway tools scam is a hidden profit scheme within the Amway multi-level marketing (MLM) structure that exploits distributors, often leaving them with financial losses instead of the promised wealth. Amway, a well-known MLM company, markets health, beauty, and home products through independent business owners (IBOs). While the company emphasizes product sales, the real money for top-tier distributors, often at the Diamond level or above, comes from selling motivational "tools” like books, tapes, seminars, and rallies, not from product sales. These tools, promoted as essential for success, create a separate revenue stream that disproportionately benefits upline leaders while draining the profits of lower-level distributors.Distributors are pressured to purchase these overpriced tools, often costing hundreds or thousands annually, with promises of learning the secrets to building a lucrative Amway business. However, studies and lawsuits reveal that 99% of Amway distributors lose money, with average earnings below $100 monthly after expenses. The tools business, controlled by high-ranking distributors like Dexter Yager, generates millions for the elite, who earn significant markups on items like cassette tapes sold at rallies for up to $10,000 a night in cash. Meanwhile, new recruits face high startup costs—starter kits, training sessions, and product samples—further eroding their profits. This creates a pyramid-like structure where uplines profit from downlines' purchases, not retail sales, resembling an illegal scheme.

The scam thrives on coercion, with uplines leveraging mentorship and cult-like tactics to ensure compliance, threatening to withhold support if tools aren't bought. Legal actions, like the 2007 UK investigation, exposed deceptive practices, yet Amway often deflects blame to "independent” distributors. For most IBOs, the dream of financial freedom becomes a costly trap, enriching the few at the expense of the many.

The post Scott Johnson and ex-Amway Distributor Lisa returns with her 30 year Amway experience appeared first on Building Fortunes Radio Network.

  continue reading

25 episodes

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iconShare
 
Manage episode 494282556 series 3648685
Content provided by Building Fortunes Radio Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Building Fortunes Radio Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Hear Lisa return with Scott Johnson and Peter Mingils as she explains her Amway series of stories to this Building Fortunes Radio listening audience.

This is an interesting interview with Scott Johnson and Peter Mingils and a special guest Lisa.

Lisa and her husband were with Amway for over 30 years. Although they are successful in a traditional business, they could really never make considerable profits with Amway, as most potential profits were re-invested in tools and meetings.

You can see more of what Scott Johnson has on https://www.facebook.com/stoptheamwaytoolscam

The Amway tools scam is a hidden profit scheme within the Amway multi-level marketing (MLM) structure that exploits distributors, often leaving them with financial losses instead of the promised wealth. Amway, a well-known MLM company, markets health, beauty, and home products through independent business owners (IBOs). While the company emphasizes product sales, the real money for top-tier distributors, often at the Diamond level or above, comes from selling motivational "tools” like books, tapes, seminars, and rallies, not from product sales. These tools, promoted as essential for success, create a separate revenue stream that disproportionately benefits upline leaders while draining the profits of lower-level distributors.Distributors are pressured to purchase these overpriced tools, often costing hundreds or thousands annually, with promises of learning the secrets to building a lucrative Amway business. However, studies and lawsuits reveal that 99% of Amway distributors lose money, with average earnings below $100 monthly after expenses. The tools business, controlled by high-ranking distributors like Dexter Yager, generates millions for the elite, who earn significant markups on items like cassette tapes sold at rallies for up to $10,000 a night in cash. Meanwhile, new recruits face high startup costs—starter kits, training sessions, and product samples—further eroding their profits. This creates a pyramid-like structure where uplines profit from downlines' purchases, not retail sales, resembling an illegal scheme.

The scam thrives on coercion, with uplines leveraging mentorship and cult-like tactics to ensure compliance, threatening to withhold support if tools aren't bought. Legal actions, like the 2007 UK investigation, exposed deceptive practices, yet Amway often deflects blame to "independent” distributors. For most IBOs, the dream of financial freedom becomes a costly trap, enriching the few at the expense of the many.

The post Scott Johnson and ex-Amway Distributor Lisa returns with her 30 year Amway experience appeared first on Building Fortunes Radio Network.

  continue reading

25 episodes

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