Meena and Sharad Naik
Love for the Products and People Drive Business – When Meena Naik first married Sharad – and his AMWAY® business – she was working in a pathology lab. “My skin would break out from the chemicals,” she recalls. “I had a drawer full of department store products that didn’t work. When I started using ARTISTRY® skin care and cosmetics, I saw results right away!
“People started asking me what I was doing differently. That’s the beauty of this business: You use the products and they practically sell themselves. Not only did I save money, I also made money!”
Sharad, who works in the IT industry, didn’t initially see the big potential in his small business. In time, however, he, like Meena, “really fell in love with the quality of the products. And then I fell in love with the people on my team.” Those relationships helped him see “the bigger picture.”
With hard work and determination, soon Meena was able to stay home with their daughter, Sejal (8). “Meena is able to enjoy setting her own schedule, and I look forward to the day when I can do the same,” says Sharad.
“I’ll take Sejal to the park, go to the gym, or spend time reading,” she says. “I enjoy talking with people along the way. No matter where you go, you take your business with you.”
That has proven true, even on the other side of the world. The Naiks visit family in India more frequently now, thanks to their AMWAY business, which is growing there. “We love traveling and experiencing different cultures,” says Sharad. They’re also building their business in Singapore, Australia, and the United Kingdom.
“People see this business and they see hope,” he believes, “especially in this economy. We desire to help them create the same choices we have. That’s what gives us joy.”
The average monthly Gross Income for “active” IBOs was $202.
Approximately 46% of all IBOs were active.
U.S. IBOs were considered “active” in months in 2010 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. “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. There may be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation.
The approximate percentage of Direct Fulfillment IBOs in North America who achieved Emerald status in FY10 was 0.0281%.
Emerald Income Disclosure