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Updated over 4 years ago on . Most recent reply
![Dustin Burke's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/936009/1621505836-avatar-dustinburke.jpg?twic=v1/output=image/crop=408x408@82x4/cover=128x128&v=2)
World Wide Dream Builders (WWDB) - Amway
So I have this "friend"...
A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn't smell right.
Anyone have experience with this group? World Wide Dream Builders (WWDB)
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![Charlie MacPherson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/247455/1621770820-avatar-realtorcharlie.jpg?twic=v1/output=image/crop=683x683@0x31/cover=128x128&v=2)
@Dustin Burke Amway, Herbalife and their ilk absolutely are pyramid schemes.
They make a good chunk of their money by pitching a never ending stream of newbies who have not yet figured out the scam. That's how they stay in business - not by supplying needed goods at a competitive price.
Think about it - if you're selling something these days, there are dozens, if not hundreds of places you can buy online. So unless you're selling things that you can't get somewhere else, you're selling a commodity.
Example: Let's say you're the 15th guy representing a paper clip manufacturer and you're calling on Staples, trying to win their business.
What's unique about your company's paper clips? Nothing. All 15 competitors' paper clips look, feel and function the same. They all hold your papers together. They are a commodity.
How do people selling commodities compete? Price. It's a race to the bottom to see who can sell for the lowest price.
What does Amway need to pay people several layers deep? High sales prices. That money has to come from somewhere!
See the mismatch there? Amway might have branded products, but they're not unique. You'll be selling a commodity - and, by the way, you'll be competing with Amazon too.
On top of all that, if you really plan to sell for Amway, you'll have to pitch everybody who knows your name. "Buy my stuff! Become an "Amway entrepreneur!"
You'll be the guy that everybody hates to see walking toward them. Family and friends will avoid you like you're radioactive.
Buy hey, maybe you don't want all those friends anyway!