Amway Pyramid Scheme – What You Need To Know

Have you been in this situation? An old friend calls and wants to meet to catch up and to discuss an opportunity. 

What Is Amway?

Amway was founded in 1959 by Jay Van Andel and cofounder Richard DeVos. Van Andel and DeVos met while attending the Grand Rapids Christian School and found a similar fascination with business and sales. 

Main Offices Of Amway World Headquarters

The main offices of Amway World Headquarters are located in Ada Township, Michigan. 

Keeping The Amway Corporation A Family Business

Since 1995, Steve Van Andel, the oldest son of Jay Van Andel, and Doug DeVos, the son of Richard DeVos,  co-chair Amway’s board of directors. Today, Amway is the most popular multi-level marketing (MLM) company in the world.

Can You Make Money From Amway?

It is possible to make money from the Amway Business Model – ask the founders, who have made a literal fortune. However, it is very rare for regular Amway business owners even to break even. 

How Does Amway Make Money?

Like its distributors, the company does not make a significant amount of money from selling cleaning supplies and eye shadow. Instead, it makes money from two primary sources: – Fees and products are sold when people sign up as independent business owners. – Business materials (which are the tapes, conferences, and other educational experiences) intended to turn you into a “direct sales powerhouse.”

Is Amway A Legitimate Business?

In some ways, Amway is a legitimate business. Although the multilevel marketing plan Amway utilizes is not an illegal pyramid scheme, it comes dangerously close to the line. 

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