MLMeo.com MLM forum

[leo]

Hi,

how much does an typical or average platinum earn yearly? Anyone knows? How to calculate it?

If anyone is curious what platinum is:

Platinum qualification requires:

To qualify as a Platinum an IBO must qualify at the Silver Producer level for at least 6 months within the Amway Fiscal Year (3 months must be in a row).

This is the first leader level.

And what is silver producer?

Achieve any one of the following for one month:

Generate Award Volume of at least 7,500, or Register or foster register one 25% group and have at least 2,500 Award Volume, or Register or foster register at least two 25% groups in the same month.
Internationally sponsored groups may not be used for Silver Producer qualification.

You are eligible to:
Receive a 25% Performance Bonus.
Receive a Silver Producer pin.

(please note that in US it may be 25% groups, and in europe 21%)

[pikpok]

There ware reported date, stating that average about $47.000

Not very much, because they also need to pay some of it to:
- taxes
- expenses
- healthcare (if they have no real job)

IF (which I doubt) they work 8-10 hours/week, that is good money for that time. But I really doubt that - I think they work much, much more.

Moreover, they "invest" big part of their income back into the system - traveling, buying function tickets for them and downline, buying tools, products, samples, and information systems, and that all "fake it till you make it" stuff.

[Mr. Heller]

Here's an article that breaks down not just the Platinum IBO income from Amway it self, but also how much money is being made on tool profits.

http://consumereducation.suite101.com/a ... m-ibo-make

[Anon]

Mr. Heller, that article is totally negative, and for it your post should be deleted. If you had any integrity, you'd do it yourself.

[Anti Anon]

Hey Anon-you cant go and post an anonymous statement saying that Mr. Heller has no integrity.

I read the article and see where you're coming from, but the only place your'e coming from is one of being so deep in the Am-info that anything not on an audio or book of the month must be dangerous. The article is brings transparency to an industry with a lot of secrecy. If anything, you should be stoked that as a platinum you'll score another $1,000 every month just for hosting weekly opens.

[Dex's Friend]

I read the article and honestly don't see anything wrong with it. After all, we know that people can simply post anything they want on the web these days. And the author can be anonymous so he's not libel for any of it.

In the end, Amway goes on making billions, changing millions of lives in hundreds of countries. I'm laughing my way to the bank.

[Guest]

In the end, Amway goes on making billions,

By utilizing labour of free slaves?

changing millions of lives in hundreds of countries.

To the worse?

I'm laughing my way to the bank.

But not laughing when you return from the bank ?

[Guest]

College graduates income average 46,000 a year. This is without considering the student loans that you have to pay.Now let's consider the "brilliant" input of mr pikpok.
- taxes = Employees pay more taxes than any other group of people in the US.
- expenses = As an IBO you're able to write off certain expenses at the end of the year. Much more than an employee can do.
- healthcare= There are companies that focus on small business and can offer a good deal as well.
Now, even if an ibo was working even 40 hrs a week (which I highly doubt) they're still in a better position than an employee.
Now the article posted examples from 1982. Are you for real? I was born 1987 , why should I even consider the article as a valid source to refer to today?
Did you also considered that if you hold the same volume for a 6 more months, you get the Q12 bonuses and trip? 20,000 check in october outside of what you're making and the trip for a week to the best places in vegas, Orlando etc... Does your company offer that?
What about the new advertising? or have you watched the magics games at the Amway arena? or what about being an 8.8 billion dollars company privately owned? What about owning a private island, where you could go if you help 6 people to do what you did? the aveage cost for that week trip is $50,000. Now I'm not saying everyone makes it, but it's optional for anyone who wants it. Lets consider thos points on our comparison now and please do not use examples from 30 years ago.
The other thing is that all of the examples that I hear is about a certain person. Can we use the example of an employee to reflect the validity of a company? If that's the case then there is not a good company in the whole world.

[Cristian]

I wrote the last coments and I don't mind using my name.

[Cristian]

"Moreover, they "invest" big part of their income back into the system - traveling, buying function tickets for them and downline, buying tools, products, samples, and information systems, and that all "fake it till you make it" stuff."
All of these are tax deductibles.
I use more gars and more miles to go to work than I use building my business.
Buying function tickets for your downline? you don't have employees you're working with entrepreneurs
Tools... books and cds. I spent more money in one semester of college than I've spent in 2 years of tools.
Products. You're buying them already and you don't even have thee choice to get paid to endors them.
I'm sorry to say this but the point of view that you're presenting to this discussion is absolutely stupid and it makes me sick