Know Who Your Getting Into Business With

I believe the biggest thing I’ve learned while researching this business before starting and while being in this business, is know who your partnering up with.  We’ve never ever built business by just signing people up (TIP: that leads to failure) or misleading people into an opportunity this is not (TIP: be open and honest when talking about this business).  In my experience talking with people who used to be in this business and reading about it on the few blogs (NOTE: There are only a few) out there about it is they were in a partnership with someone who didn’t have a lot of integrity.  That’s why we have a qualification process that works both ways.  We are making sure there is a fit with that person just as much as they are seeing if we are a fit for them.  That process could take 6 weeks if need be and until someone has ALL the information required.

I do not believe in sugar coating anything and we make sure to educate a potential business partner with all the levels of business, all costs, and what the time commitments are for each level.  I can only speak to what we do however I’ve heard others don’t give this much information and that’s a shame.  So if your a potential person wanting to get involved, make sure you ask questions.  Don’t let the excitement cloud your judgement (I guess that’s why we extend it to 6 weeks if required)  and make sure you get all the information required to make an educated decision.

We develop a trust and friendship first before going into business with people and it’s that trust and friendship that helps us develop lifelong partnerships.  If you want a stable business without having to rebuilt it year after year, that’s the key.  If you want to rebuilt and struggle to have a stable business then disregard everything I said and just sign people up left and right, see how long you last.  We believe in building a stable and profitable business and we along with our sponsors can show you how.  This business is going to take work, if anyone tells you different they are lying.  The concept is simple yet it takes work and whatever you put in is what you’ll get out.  You cannot expect to sit at your computer and expect money to fly out of it, sorry doesn’t work that way.

Lastly we will never convince anyone to do what we do, and I’ve maintained that through this blog.  In the end, you really need to trust and get to know the person your getting involved with and more importantly you need to like them.  How can you expect to work with people you don’t like?

Updated Amway Stats–FED Presented

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. 

Off to FED 2011

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!

Focus

Obviously it’s been a few weeks since I’ve posted here and that’s quite alright.  I’ve been promoted yet again at work, three times within two years, which is a direct by-product of my personal growth in the last two years.  Leadership has always been key for me in everything I’ve done through the years and with the additional personal growth I’ve been through recently its in essence put me in almost the top spot I could ever get to in IT.  Pretty much I cannot go any further at my current employer and for me that’s quite alright.  The additional leadership I’ll obtain in this spot will only help me in our other more important endeavours.

So aside from that we’ve actually be re-focusing our energy on our family and our business and that’s about it right now.  We had a recent lull which was fine, we needed to find out our groove and there was no pressure from anyone telling us what we had to do or what we had to go to.  That’s what’s great about our business and what we stand for. Everyone has their own path, their own goals and their own business.  We needed to take some time to figure out how to build this business with a little one and we’ve done just that and things are moving a long great. 

I may post less frequently however the posts I do post will be more meaningful and more insightful.  I’m excited for the rest of the year and for what we are doing personally and in our business.  It’s Autumn, with season changes brings fresh beginnings.