Amway NPC Fall 2015: New Platinums Get Business-Building Ideas
New Platinum IBOs agree that getting here wasn’t easy and reaching the next levels of success takes hard work. On day two of NPC they learned some techniques to help them build strong and successful businesses.
Crown IBO and Chairperson of the IBOAI® Bob Andrews started the day with energy and motivation. “There are many things that I do not know,” he said. “But there is one thing that I know – you can be a Diamond.” He shared, “the Amway business is not a destination, it is a vehicle to get to your destination. It’s not about the information, it’s about the willingness to learn.”
That got IBOs charged up for their education sessions on a variety of business topics. “Today’s sessions were amazing,” Benito and Maria C. Martinez said. “We felt like we had credibility before, but now we feel that our credibility goes above and beyond. We are empowered to go and teach what we’ve learned here today!”
Nelson and Julia Salinas said the education sessions were their favorite part of the week so far, especially the tips about business ethics. “We need to follow these rules to grow our business the right way,” Nelson said.
After a full day learning, the IBOs celebrated in ‘80s style at a special XS® Energy party in one of Grand Rapids’ popular clubs. IBOs dressed in wild costumes, many with big hair, neon leg warmers and big sunglasses. They were all excited and looking forward to their first visit to Amway World Headquarters on day three. Every day at NPC gets even better.
Day 2 – Business Meeting
Day 2 – Education Q&A
Day 2 – Education Session 1
Day 2 – Education Session 2
Day 2 – XS Bash
GI DISCLOSURE FOR U.S. AND CANADA
The Amway Independent Business Owner Compensation Plan (IBO Compensation Plan) offers monthly and annual bonuses that IBOs can earn in accordance with their contract with Amway. IBOs also may qualify for the AMWAY™ Growth Incentives Program (GI Program), a collection of discretionary programs separate from the IBO Compensation Plan and that can vary from year to year. IBO eligibility for the GI Program is at Amway’s discretion. The GI Program is available only to IBOs in “good standing” and those whose conduct demonstrates high ethical and business standards aligned with the goals and objectives of Amway and its related businesses.
The average monthly Gross Income for “active” IBOs was USD $183 (in the U.S.)/CAD $206 (in Canada). Approximately 53% of IBOs in the U.S., and 49% of IBOs in Canada, were “active.” IBOs were considered “active” in months in 2013 when they attempted to make a retail sale, or presented the Amway IBO Compensation Plan, or received bonus money, or attended an Amway or IBO meeting. If someone sustained that level of activity every month for a whole year, their annualized Gross Income would be $2,196 (U.S.)/$2,472 (Canada). Of course, not every IBO chooses to be active every month. “Gross Income” means the amount received from retail sales, minus the cost of goods sold, plus monthly bonuses and cash incentives. It excludes all annual bonuses and cash incentives, and all non-cash awards, which may be significant. There may also be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation. For the purposes of the calculation in Canada, individuals who were IBOs for less than the entire year in 2013 were excluded.
Following are approximate percentages of IBOs in North America who achieved the illustrated levels of success in the performance year ending August 31, 2014; New Platinum Conference (0.19%)
For more details on qualifying for the GI Program and the requirements for good standing, see information on Amway.com or contact Amway Sales.