Tag Archives: World Wide Dreambuilders

Updated Amway Stats–FED Presented

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Figured I’d post a few slides shown by Amway at our recent FED conference.  There are some naysayers out there saying business is slowing down, or business isn’t growing in North America, however here are some stats from the horses mouth as it were showing otherwise.

  • New IBO Applications +12%
  • PV per Engaged IBOs +8% (I’ll assume engaged = active)
  • New IBO PV +7%
  • $50 Fast Track +30% (Fast Track program is now a full time program and has expanded)
  • First year renewal rates were +2%
  • Highest qualification growth rate for the US since 2003

 

BoomingBusiness

New Pin Qualifiers

  • 1 65 FAA
  • 1 Founders Crown Ambassador
  • 1 Crown
  • 1 Triple Diamond
  • 3 Double Diamonds
  • 3 Founders EDC / EDC
  • 39 Founders Diamonds / Diamonds
  • 124 Founds Emeralds / Emeralds
  • 166 Founders Sapphire / Sapphire
  • 155 Founders Ruby / Ruby
  • 1,233 Founders Platinum / Platinum

 

PinQualifiers

 

Great growth news for Amway North America.  This also touches on a post done earlier in October by “The Truth About Amway” Blog titled 1222 New Founder Platinum’s and Above for Amway North America!

One last stat to share was World Wide Group / World Wide Dreambuilders (WWDB) had a total new IBO count of just over 19,000. 

FED 2011 Update

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Its been quite the weekend thus far here in Portland at World Wide’s Free Enterprise Day.  This is just a quick update however the overall message from this year’s FED seems to be focused on the “Why” of building this business.  If your in business you should already have that why sorted out, if you don’t you should dig deep and find out exactly why you are building this business.  If your going through an interview and qualification process then a why should be discussed before even launching.  If your going to launch into business you need to be setup for success and that why is what leads to that.  Really that “Why” can be applied to anything you do in life.  Why do you do the things you do and are you getting what you want out of those things.

The biggest impact and talk of the night was our upline Founders Emeralds going diamond next FED, who received their $75,000 bonus check for holding a consistent Emerald business.  There is money in this thing if you build it right and with the proper parameters.  Slap it together and build it without a solid foundation or parameters and that’s why a lot of people who say they were such and such complained they made no money.

A new Diamond crossed stage however we were not sure if it was based on North American business or Korean business.  A New Executive Diamond Club and Triple Diamond crossed stage as well, both unsure of what business they were representing.  All three live in the US, either way it’s great regardless if it’s here or Korea as the work ethic is the same, the Koreans just have a better work ethic then us lazy North Americans and they understand this business then us thick headed, critical, sceptical, arrogant North Americans.

A picture says a thousand words and this one says Amway + Hard Work + Solid Foundation + Proper Parameters + CORE + a few other things = $75K.

20111105_211909

Off to FED 2011

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FED2011

We are on our way today to the Free Enterprise conference in Portland.  On our way we are able to visit with my parents in Southern BC on either side of the event which works out perfect.  W is going to spend the weekend there visiting with his grandparents and they are very excited since they don’t get to see him much.  That works out perfect so that we can focus on the conference and W gets to visit with his grandparents who are always asking for more time with him. Win Win!

I’m quite excited to attend this year, as I was the previous year, coming out of a retirement party we had last night for our personal sponsor.  Stepping away from a noble position as a Fire Fighter for the City of Edmonton is not an easy thing to do, however the ability to become a full time dad trumps that in a heartbeat.  A man that stands on principal, integrity, courage, transparency, marriages, family and living with cashflow are just some of the many qualities that bare the “fruit on the tree” that we seek and I’ll seek out mentorship and coaching from a man like that. 

I’m excited to see the growing Canadian leadership speak on a FED stage as we now have two founders emerald’s in Calgary and Edmonton both of which are twenty wide and on track to hit Diamond by next FED. That’s quite exciting as there have not been any new diamonds in awhile and this is just the start.  All indications are showing Amway is continuing to grow from the number of founders platinum’s, to the growth in North America, and lastly hitting double digits in the billions of dollars last fiscal year (still waiting for the official announcement). Exciting times for sure despite what some may say.

There are a lot of things I’m looking to get out of this weekend of which I won’t share now, but will once it’s done.  Have a great weekend!

Living Paycheque 2 Paycheque

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ca_paycheck_bigYet another interesting article last week that comes out from the Canadian Payroll Association saying Canadians continue to struggle.  Honestly it’s no surprise as people continue to spend more than they earn and continue to take on more and more debt.

The survey found that 57% of Canadians would be in a tough spot if their paycheque was delayed by just one week.  I don’t know about you but that’s pretty damn scary that people cannot even live without their paycheque for one week.  You may think your in a good spot but the real test is to try it out, you may think your okay but in reality maybe not.  Now not everyone is in this boat and I’m sure a few of the people who read this blog will be quick to say they are just fine.  That’s great because your in the minority then at 43%! The other interesting report is that 40% of the people that responded to this survey will need to retire later than planned.  So much for “Freedom 65”, and it’s quite apparent as many older people are working longer and longer into their old age just to pay for the necessities of life. What ever happened to being able to relax and do the things they really wanted to do and live life?

It doesn’t matter what industry your in or how much you make, people are not getting the message.  I honestly think it’s because of the low interest rate.  People figure the money is cheap and they will just “pay it off” later or what not.  I’m just assuming there.  When the interest rates go up, and they will, people will be at their knees crying because they cannot even put food on their table.

I’ve never said Amway is the answers to your financial woes and have never tried to convince anyone to do what we do, however you better figure out what your plan B is going to be.  People are looking for paycheque_to_paycheque_200opportunities of some kind, some way to make extra money to pay down debts, however whatever it is will take hard work.  Nothing is going to be quick and easy, it was easy to get into the mess you made by maxing our your credit cards however it’s going to take 10 times the effort to get out of that mess.

I think the biggest challenge many people have and why they spend more than can afford is because of association, plain and simple.  The whole mentality of “keeping up with the joneses” or “I gotta have that now” is what’s killing people.  I should also mention that status is another thing that kills people, people feel the need to look the part or cannot be seen as not having money and it just drives them further and further down the debt hole.  Again I assume this is what’s happening but by watching the people at work and seeing how some friends act it’s quite clear I’m not that far off base.

So watch your association and maybe start meeting people who have a different take on life.  People who live a life of delayed gratification, people who save now and then pay later, people that don’t care about status, people that just want to live a debt free lifestyle.  There are MANY different ways you can do that such as www.meetup.com or other sites of that nature.  One of the things we’ve done with our involvement with Amway is to utilize the training and support system called World Wide Dreambuilders or World Wide Group that teaches things like delayed gratification, living a debt free lifestyle, marriage, and a bunch of other great principals that not many systems of companies stand for.  Anyway that’s what we’ve chosen to do and have been blessed many times over for doing that.  Debt free and money in the bank that’s growing certainly puts us in that 43% that’s for sure.

Stat’s don’t lie, what are you doing today to make sure your in the 43% and not living paycheque to paycheque?

retirement-on-hold

For a lot of us this picture paints a pretty realistic future.

Here is what the CPA said last year this time – http://www.nupge.ca/content/3571/poll-finds-six-10-canadians-live-payday-payday