Today, I will talk about my top 10 Amway Success Tips of all time.
I spent about 2.5 years of my life in Amway (Quixtar at the time).
Overall, it was a good experience.
I learned a lot about business, network marketing, selling, myself, leadership, and communication.
I did a lot of things right and a lot of things wrong.
Amway was my first network marketing company and I simply didn’t know what I didn’t know.
Although I am no longer affiliated with the company, I want to take some time today and share some of my best Amway success tips and marketing tips.
These are things I wish my upline (or sponsor) would have told me when I first joined Amway.
They are listed in no particular order.
# 1 Get 10-20 Customers Before You Try to Recruit Distributors
Quite perhaps my best Amway success tip is to acquire customers first, before you try to recruit people into the business opportunity.
Contrary to what you might have been taught having retail customers is very important.
All businesses need customers.
I think it is smart to find MINIMUM 10-20 retail customers before you try and promote the business opportunity.
Why do I say this?
First off, having customers gives you immediate profitability.
Even with just 10-20 good customers you can make a few hundred dollars per month (if not more).
This puts your business in the black.
Once you have a profitable business, you can teach others how to do the same thing.
I believe that it’s hard to sell people the dream of financial freedom when you aren’t making any money yourself!
However, when you are making a few hundred dollars or more each month, you can share that story with others.
For most people in America, an extra $300 to $500 per month is completely life changing.
In order to find customers you need to lead with the products!
The Amway products are very good.
I still use some of them myself.
If you use them yourself, like them, and learn a little bit about their features and benefits, you shouldn’t have a hard time finding customers.
I’d recommend you find customers from your warm market.
Think about this for a minute.
What if you found 10-20 customers and then you sponsored 10-20 people into the business and helped each of them find 10-20 customers?
How big would your group be?
How much volume would you have?
I think you would be quite surprised how profitable you could be by doing this.
In many cases, you would at least be a Platinum if you did this.
# 2 Be Different
All businesses need a unique selling proposition.
Also known as a USP, this is what differentiates you from everyone else in the marketplace and tells people why they should do business with you, rather than someone else.
If all Amway distributors are building their business the exact same way, this gives you a wonderful opportunity to stand out in the crowd (if you can find a way to be different).
Figure out your own talents and abilities and ask yourself how you can leverage those talents and abilities to build your Amway business.
Of course, you still need to follow the company’s rules, but when you do things differently from everyone else, you can do very well.
For example, maybe you are good at public speaking.
If so, why not volunteer as a speaker at different events and gives classes on natural health products?
Or, talk about the power of having a home based business?
If you did this, you could get the contact information of everyone at the event and call them about the products and business.
Heck, some of these folks might even reach out to you to learn more about what you do.
Talk about a win-win.
This is just one example of what you could do.
I suggest you take an hour or two and make a list of everything you are good at.
If you can’t think of anything ask your spouse, parents or friends what they think you are best at.
Come up with a few ideas and pick the one you think offers the most potential, and then focus on that.
I hope this Amway success tip makes sense to you.
# 3 Be Smart with Your Money
All entrepreneurs need to be smart with their money.
Cash flow is king!
Before you spend even one dollar on training, marketing, advertising, functions, or tools, you need to ask yourself if the money you spend will give you a positive return on your investment.
If it doesn’t, don’t spend the money.
One of the complaints that people (on the internet anyway) have with Amway is the cost of the tools.
I’m not saying that business tools aren’t important (they are), but if buying the tools and going to the events takes away all of your profit, and destroys your cash flow, I would not buy them.
Keep a close eye on your money.
Create a separate checking account for your Amway business.
Prepare a monthly profit and loss statement for your business.
If you find yourself spending more than you make, spend less money!
Don’t forget to retail either.
That’s one of the quickest ways to improve your cash flow.
Learn how to manage your money or you won’t have any to manage!
Read my post about how to manage the money in your business.
# 4 Pick a Target Market to Focus On
One of my best Amway marketing tips is to focus on a niche group or target market.
Rather than thinking of anyone and everyone as a prospect for the business (or products), why not pick a specific demographic of people to focus on.
Let me explain.
All businesses have an ideal customer.
This could be people from a certain town, age group, gender, race, income bracket or countless other things.
When it comes to Amway, you have two groups you should focus on.
One group will be people for the business opportunity and the other group will be people for retail customers.
I suggest you spend some time and write down the traits and qualities of your ideal prospect for each of those categories.
What do they have in common?
What are you really looking for in a person?
The more specific you can be the better.
Once you know what you are looking for, focus on finding people with those qualities.
For example, if you decide your best prospect for the business is someone with sales or entrepreneurial experience, make sure you spend most of your time prospecting people with that type of experience.
This can save you a lot of time in the long run.
It allows you to work smart.
Just to be clear, I’m not telling you to discriminate or pre-judge people.
What I am telling you to do is to be smart with your prospecting and focus on the best quality prospects that you can.
# 5 Spend Most of Your Business Hours on Money Producing Activities
I wish I knew about this lesson while I was in Amway.
In any business, it’s really easy to be busy.
Heck, everyone I know is busy!
However, when it comes to network marketing, there is a big difference between being busy and being productive.
What you want to do is be productive.
In Amway, or any other network marketing business, there are only five activities that I know of that actually help you make money.
Those activities are prospecting, showing the plan, following up, training your team and getting customers.
Make sure that you spend 90% or more of your working hours on one or more of those tasks.
Non money producing activities include: organizing files, listening to calls, attending events, listening to tapes, reading, cleaning your desk, learning about the products, etc.
Just to clarify, I’m not saying these other activities are not important.
They are important, but they are not a money producing activity.
Make sure that you do these non-money producing activities during non-productive time or AFTER you have done your money producing activities each day.
Learn more about the money producing activities.
# 6 Keep a Balance
During my time in Amway, the business consumed my life.
To be honest, it’s easy for any entrepreneur to let their business take over their life.
When you love your business it’s easy to think about the business 24/7.
Heck, I have to be aware of this myself, with my own businesses.
All things aside, balance is important, especially if you have a spouse and kids.
Your family should always come first, followed by your job (that pays the bills) and then your Amway business.
If you are religious, by all means put that first.
Just remember that when you make it to the top, you still want to have your family with you!
The last thing you want to do is sacrifice the relationships with your family, just to build your Amway business (or any other business).
Make sure that you schedule time each week (and day) for your kids, your wife, your faith, and whatever else is important to you.
Your business doesn’t have to consume your entire life for you to become successful.
You can work your Amway business an hour or two a day and be very successful, if you do it consistently, and work smart.
# 7 Take the Long Term View
Our society is filled with short term thinkers.
Most people live pay day to pay day and can’t think past their next pay check.
To be honest with you, the odds of you building a successful Amway business (or any business) in just a few short months, or even a year or two is quite slim.
Businesses normally take YEARS, sometimes even decades to become really successful.
Considering you are building your Amway business part-time, it’s going to take a while to make it to the top ranks, and make a good income.
Most of the Diamonds I’ve studied took anywhere from five to ten years (or more) just to make it to Diamond.
Have the long term view with your Amway business.
Think of it as your part-time, long-term project.
Think of it as your five to ten year plan to replace your job income.
Realize that good things won’t typically happen quickly.
It takes time to build a successful business.
# 8 Part-Time Is Better Than Full-Time
I learned this valuable lesson from Jim Rohn.
It’s so true.
Part-time is better than full-time.
I once heard a seven figure earner (name withheld) tell me that $3k per month part-time is better than $10k per month full time (when it comes to network marketing).
At first, I thought he was crazy for saying this, but after processing it and thinking about it for a couple years, it makes a lot of sense to me.
Think about it this way.
If you can work your Amway business just 1-2 hours per day and build up your business, even to the Platinum level, in three to four years, that is a very good deal.
If you can maintain a business in 10-20 hours per week (40 to 80 hours per month) and earn $3k to $5, that is huge.
Compare that to having to work 40-80 hours per week to earn $10k per month.
If you break that down into an hourly wage, the part-timer makes more per hour than the full-timer!
The real beauty of network marketing is that it is designed to start part-time, until your income replaces your job income.
Going full time right away is a huge mistake.
In fact, many six figure earners in many MLM Companies still keep their day job and build their business part-time!
Remember, it’s hard to produce significant cash flow in ANY new business. It typically takes a few years just to build a profitable business (in the real world).
Don’t let the business consume your life.
Set business hours.
Work your business minimum five days a week, for an hour or two a day.
Keep your day job.
Spend time with your family.
And remember that part-time is better than some-time or no-time.
In many cases, it’s even better than full-time.
# 9 Don’t Forget the Little Money
It’s easy to only think about the big money.
The Diamond lifestyle is amazing.
The income you can make as a Platinum is also very appealing.
While either of those two things might appeal to you, most of your prospects will NOT be interested in the big money.
For most Americans, an extra $300 to $500 per month would change their life for the better!
I’ve recently read that most Americans are one or two paydays away from bankruptcy.
I’ve also read that most divorces happen because of money issues (lack of money).
When you talk to prospects, by all means talk about the income potential, but don’t forget to show them how to make an extra few hundred dollars per month either.
Once again, this is what most of your prospects want to know about.
# 10 Action + Consistency = Success
This is the real formula for success in Amway, or any other network marketing company.
The difference between the people at the top and the people who didn’t make it was their ability to take action, and do it consistently UNTIL they succeeded.
Thinking about your business will not make you a dime.
Unless you roll up your sleeves and do the money producing activities consistently, day in and day out, you will spin your wheels and you won’t make a dime.
You must work your business every day, at least five days a week, over a period of a few years to become successful.
Do the work, do it daily and you will succeed.
Don’t do the work, or don’t do it consistently and you won’t succeed.
It really is that simple.
The quickest way to know if someone will be successful or not in Amway is to take a look at their calendar.
If their calendar is filled up with money producing activities, they will make it.
If their calendar is blank, they will get frustrated and quit. It’s that simple.
Other Posts You Might Enjoy:
- Top 27 Amway Diamonds
- Top 20 Amway Motivational Organizations
- Top 20 Amway Products
- World Wide Dream Builder Review
- Tribute to Ron Puryear
There you have it folks.
These are my top 10 Amway success tips and marketing tips.
Following these ten simple tips should help you make more money in your Amway business.
I would love to hear what you think about these tips.
Please leave a comment below to tell me what you think.
I look forward to hearing from you.
Amway is a registered trademark. I am in no way affiliated with Amway. This article is just my opinion. Individual results will vary.