The people currently making money by selling products of Amway and getting new people to do this business is very lucarative. On the long run, that is, over a period of one year if you are really committed to this business you can even quit your job and get into this full time. But is it really worth it.
Yes, you meet lot of new people, do a lot of networking but is there is any strategic decisions taken??
All you meet and talk about is what you did to get richer in this business and nothing else. If there are bunch of new people you give them presentation as to how they can do this business to earn few additional bucks. This has more to do with your convincing powers or depends on the listener whether he wants to make some money.
Of course you do this on a part time basis initially so it wont affect your day-day work in office.
How they go about getting new people to join this business. First, its known people as in relatives or college mates or school mates. With them they get more contacts. Out of 10 atleast 3 join this business which is a good ratio.
Second, they just join you for lunch or dinner in a restaurant and start chatting with you. They enquire where you work and show interest they are also looking to join your company. They get your cell number or some contact mail id.
One fine day they call you saying there is a meeting and would you like to join and help us. They put it nicely saying, there are about 4-5 guys from IIT/REC who have started on a business and they are doing a presentation of their business. They have centers in US, UK, Australia, Asia and also in India. They are in expansion phase and would like to have some energetic, enthusiastic people on board. If you are interested you can join and help them in growing the business further.
In the presentation for first half-an-hour they do not mention a word about Amway. They talk in general how their business model works, how much of investment you can put, what are returns you get. How you get benefitted by bringing in new people. Finally at the end of 1hr they give out the name Amway.
If in the first place they mention this word people tend to run away.
Though the model looks perfectly fine and you can earn lots of money within few years, there is no work for your brain. There are no decisions involved, its not risk oriented, it in general misses the kick or pulse you would get by starting your own organisation.
Of course am not discouraging anyone from pursuing this business, its my own opinion. In case anyone is interested in joining this business you can contact me and I can point you to people.