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TUESDAY, NOVEMBER 24, 2009

He’d like to see India develop into a launch pad for Amway in the subcontinent, and see Amway starting in Pakistan, Sri Lanka and Bangladesh. “We still think we have the best years ahead… If our business in 10 years isn’t ten times bigger, I will be shocked.”

When he retires, he and his wife hope to buy an apartment in Delhi and spend at least three months a year in India. “I hate to imagine saying goodbye to India,” he says. “It’s been a flash.”

melissa.b@livemint.com

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FT Said:


Nice Plug for Amway.The US Supreme Court may feel its not a Pyramid scheme but that does not make Amway an ethical FMCG organization.Its more akin to a cult where people are constantly bombarded with 'motivational speeches' (BTW this side-industry of providing motivation speeches & material for Amway schmucks is alone worth over $135 Mn!) to go out and sell more.And surprise surprise ! Over 80% of Amway's products end up with employees themselves.After all which sane person would pay 250 rupees for a tube of Toothpaste ?!Their modus operandi is simple : They hold these meetings at 3-star hotels where the Amway employees have to cough up 300 per head just to attend.What follows is some 'Diamond' salesman will take the stage in order to jack up the sales force by talking about how rich s/he has become through Amway.Next is a PPT which is nothing more than an obscene display of wealth - Gaadi Bangal - the works.Along is present the spouse - the wife will be bedecked with every possible piece of gaudy jewelery.The basic idea is to pump into the heads of the underlings as to how Amway can make your dreams come true.Reality hits hard later on when the poor sods are left with four-fifths of the inventory and end up consuming it themselves.Amway occupies the gray area between a questionable business & a full-blown scam.

Posted On 7/4/2009 12:09:31 PM
Re: George Said:


Dear Friend, Wish you would check your facts before you write. The cost of a toothpaste is not Rs250/-. Also only when one is inside a swimming pool will one learn to swim. Sitting outside you can make a lot of accusations. GOOD.

Posted On 7/6/2009 12:14:14 PM
Re: Curious Said:


I fully agree with you, FT. You just said the right thing. I am sure george must be an Amway sucker. That's why he is defending. However truth be told,if the same product was kept in a glittering stores, all the Indian customers will flock to buy it. However when someone gets it to their doorstep, they find it too dear all of a sudden! What an irony! Its my personal experience in Network Marketing...

Posted On 7/11/2009 11:38:55 AM
Scott Said:


The Amway guy is full of it. The US supreme court never ruled on Amway being a pyramid. The case was never before the supreme court. It was at the FTC before administrative law judge. That is a typical Amway blow hard. All hot air and gets his facts wrong.

Posted On 7/12/2009 12:29:22 PM
LR Said:


Dear my friend FT, Please check your bank balance before commenting about a company which has $8.2 billion sales in 2008 and what they stands for. Only broke ppl can have broke opinions and thoughts, all the best keep posting.

Posted On 7/14/2009 6:29:04 AM
Waz Said:


I dont know why u guys are so negative about Amway. Has the company harmed u in anyway? Cant u guys be positive about something which is actually growing? My dear fren a scam cannot last for 50 years and it cant be in the FORBES 500 list of best companies in the world. You will be surprised to know that this company is even bigger than P&G. I've nothing to do with Amway, I've just read about it in my MBA books and i dont see any bad in it. And if actually its bad then how come Sandra Bullock, Adam Ghilchrist, Asafa Powell, Ronaldhino is endorsing its products. Anyways u may have a knack of criticizing things but please try thinking positive things about this world and u will find this world a much more better place to live in.

Posted On 7/18/2009 5:37:55 PM
Kashif Said:


It's good thing for AMWAY business it a great opportunity to all of you.

Posted On 8/27/2009 2:04:30 PM
Unknown Said:


WOW! Why do people have to be so negative about a business thats been around for years... So what do you think about Avon and Mary Kay? Well they all do the same thing but you can potentially make more money than the person that sponsors you... Ohhh and did I forget to mention, you dont have the mentorship, leadership and a team to help you succeed now do you when you own your own business... Well you do when your in this business... Damn people are so damn negative about things, why dont you think the positive and maybe you will be a better person... Gosh there is no reason to put down something that someone is doing just because you think its not for you...

Posted On 9/6/2009 9:38:10 PM