THE AMWAY MILLIONAIRE MYTH

The AMO propaganda machine goes to great lengths to create and perpetuate the myth that you can't become a millionaire working a J.O.B. and that becoming an Amway diamond is the fastest, most efficient vehicle for achieving a seven figure income. A book by Thomas J. Stanley (former professor of business at Georgia State) titled "The Millionaire Next Door" takes this myth and brings it into serious question. To summarize, Dr. Stanley's research shows us that:

Most millionaires make their money in unremarkable businesses such as funeral homes, bowling alleys and small manufacturing firms. And most live relatively inconspicuously.

* There are 3.5 million millionaires in the U.S.

* The average millionaire:
- is a 57-year-old married man with 3 children
- is self-employed in a practical business such as
farming, pest control or paving contracting
- works between 45 and 55 hours a week
- has a median household annual income of $131,000
- has an average net household net worth of $3.7 million
- owns a home valued at about $320,000
- is first generation affluent
- drives an older model automobile and buys rather
than leases
- attended public schools but is likely to send his children
to private schools

Interestingly, the article reports that 2/3 are self-employed, which means
that over 1 million became millionaires slaving for someone else at a lousy
J.O.B. Or else they somehow inherited their wealth. Perhaps, however, in the eyes of AMO leaders these people are still LOSERS.

If you want to find out the truth about the best home businesses, Money Magazine has some valuable information on the internet. Amway is never mentioned. Check out particularly "How to Earn $100,000 Working at Home" at:

http://pathfinder.com/money/features/workathome/thomeintro.html.

This has good statistics on what people with full-time home businesses are earning. The percentage making what would be considered a "diamond income" is about 20 times higher than the percentage who made it to Diamond in Amway.

Also check out "Smart Ways to Make $100,000 at Home," at:

http://pathfinder.com/money/compuserve/features/homebiz/index.html.

Check out back issues of Money Magazine and look for articles on how to retire with a million dollars. See if you can find any material that recommends an Amway distributorship as a wise investment of one's time and money.

Consider the following notion: the best (perhaps the ONLY) way to become a millionaire in the Amway business is to start an AMO and sell motivation to thousands of distributors.

HOME

WHAT ARE AMO'S

THE AMO SQUEEZE

THE AMWAY TEST DRIVE

DECEPTIONS

HARMFUL IDEAS

TRUTH OF MIND CONTROL

MATERIALISM

CHRISTIAN CONNECTION

TRANSCRIPTS

MILLIONAIRE MYTH

LINKS

 

The views and opinions expressed in this page are strictly those of the page author.
The contents of this page have not been reviewed or approved by the University of Minnesota.