Attracted to the Family Values of the Business – Yogesh & Sarika Lanjewar
California, When Yogesh and Sarika Lanjewar started their AMWAY™ business, they had just arrived in the U.S. from India to work on their Masters degrees in computer science – both are IT engineers.
Dating at the time, they knew “we wanted to own our own business someday,” Yogesh says.
Explains Sarika, “We grew up in families that were successful in traditional business and taught us we should have multiple sources of income.”
“We knew we couldn’t achieve the lifestyle we wanted by working for somebody else,” he believes.
Sarika’s brother and sister-in-law sponsored them and they managed to build their business while going to school full time and working 30 to 40 hours a week on campus.
“We had no cars the first two years and we had no list of names to contact,” Yogesh says. “We literally built our network of friends and acquaintances as we built our business.”
Both he and Sarika were attracted to what they call the “family values” in the business. “We were taught to be respectful and to serve others,” he says. “We want to be able to positively impact peoples’ lives, just as our sponsor has ours.”
“Their sponsor’s guidance has been vital to our success,” Sarika says. “Because of it, I’ve been given choices in life, like being able to hire a nanny for our daughter, Palak. I want to do that for others.”
The Lanjewars also desire to open an orphanage in India. “That will require both time and money to oversee it,” she says. “This business is a perfect vehicle for gaining both of those things.”
Because of their upbringing in entrepreneurial families, Yogesh and Sarika understand the costs involved to run most traditional businesses. “There’s nothing like owning an AMWAY independent business in terms of affordability and potential rewards,” he believes.
The average monthly gross income earned by “active” IBOs was $115 (U.S.)/$181 (CAN.).
The success depicted may reflect income and investments outside the IBO Compensation Plan. Approximately 66% of all IBOs of record were found to be active.* The percentage of IBOs who achieved Founders Executive Diamond and above qualification in FY08 was .00565%.
*Based on an independent survey during 2001, “Active” means an IBO attempted to make a retail sale, or presented the Amway Independent Business Owner Compensation Plan, or received bonus money, or attended a company or IBO meeting in the year 2000.
“Gross income” means the amount received from retail sales, minus the cost of goods sold, plus the amount of Performance Bonus retained. There may be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation.
Emerald Income Disclosure