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Wednesday, February 20, 2019

The Emerald Growth Forum at Achievers featured an elite panel of well-respected IBO leaders and corporate executives. Rajneesh Chopra, Vice President – Sales, Amway North America, hosted this event on business building, sustainability, and success. Bob Andrews, Chairman of the IBOAI®, and Jody Victor, Chair of IBOAI® Governance & Oversight, were proud to represent North American IBOs on the panel. They were joined by Crown Juan Ruelas and Jim Ayres, Managing Director of Amway North America.

Bob Andrews

With business growth a priority for Emeralds – and the continued success of this business of great interest in the field and at the corporation – this timely discussion on the journey from Emerald to Diamond was compelling. It was imperative the collective voice of North American IBOs be represented on the panel, and it was represented by two longtime IBOAI® board members.

During the discussion, several crucial topics were covered: Establishing a solid foundation for success, adopting a sense of ownership, maintaining integrity, and realizing this business opportunity is not only unique, it’s the best.

This business was founded on the idea that what’s best for IBOs is what’s best for everyone – individual IBO success ensures long-term growth for all. That’s why we have an association led by an IBO-elected board that partners with the corporation in every area – business operations, awards and recognition, products and programs, legal and ethics, and hearing and disputes.Bob Andrews quote

No other direct selling company has an advocacy organization like the IBOAI®. It is specifically designed to promote and protect the integrity of the business plan and the ongoing success of individual business owners. By having the IBOAI® involved in integral discussions, educational presentations, and recognition events hosted by the corporation, all IBOs can be confident the collective voice of the IBO is heard.

During the Emerald Growth Forum, the panel agreed that building a strong foundation and keeping your focus on your business helps ensure success. Jody Victor advised the audience to put themselves in the position to build ongoing income. Bob Andrews encouraged, “Keep a positive focus on the business and your dreams for you and your family. That’s what is most important.”

†IBOAI® is a registered trademark of Independent Business Owners Association International.

The average monthly Gross Income for “active” IBOs was USD $183 (in the U.S.)/CAD $206 (in Canada).

Approximately 53% of IBOs in the U.S., and 49% of IBOs in Canada, were “active.”
IBOs were considered “active” in months in 2013 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. If someone sustained that level of activity every month for a whole year, their annualized Gross Income would be $2,196 (U.S.)/$2,472 (Canada). Of course, not every IBO chooses to be active every month. “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, which may be significant. There may also be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation. For the purposes of the calculation in Canada, individuals who were IBOs for less than the entire year in 2013 were excluded. Before registering as an Independent Business Owner (IBO) powered by Amway, you should read and understand the AMWAY™ Business Overview Brochure, which contains important information for those interested in becoming IBOs.

Following is the approximate percentage of IBOs in North America who achieved the illustrated level of success in the IBO Fiscal Year ending August 31, 2014: Executive Diamond and Above; 0.0146%.