http://amthrax.wordpress.com/2009/07/28/remember-when-enron-and-amway/ xtar distributor's say it all the time. The lines of sponsorship promote it. Even Quixtar promotes it. Well what is it? Well Quixtar distributors are quick to point out that Quixtar must be great business opportunity for individuals since many companies like Disney Stores and Office Max are also Quixtar partner stores. Distributor's write: What do you think you know that the lawyers of major corporations like Disney, Office Max, Barnes & Noble, just couldn't’ see when they investigated Quixtar prior to becoming a partner?The distributors' logic is, if these other companies are somehow involved, even if they only are selling products or services to IBOs that Quixtar must be a great business. After all, these companies would never knowingly align themselves with a controversial company. Right? These corporations have attorneys and they do their research and due diligence. Right? A look into recent history shows even the best companies can unknowingly get involved with problem companies. Take Amway for instance. Even before Amway changed its name to Quixtar, Amway had teamed up with Enron to market electricity. See the note from Doug DeVos. Amway even partnered with MCI/Worldcom to market telephone services. So despite all of Amway's crack attorneys and due diligence, they still managed to team up with the two companies that were involved in the world's largest business frauds. So what does that say about distributors' claims about corporations doing their due diligence? It doesn't say a whole lot. Besides, these Quixtar distributors are mixing apples with oranges. Certainly many partner stores have teamed up with Quixtar to market their products, no one doubts that. But how many partner stores have become distributor's for Amway/Quixtar products? I bet not one. So while partner stores embrace their new distribution channel through Quixtar, none of them are embracing or endorsing the business opportunity for distributors. How many CEOs of these companies have endorsed the fact that the average IBO earned $82/month from Quixtar and that the average IBO is reporting a loss on their taxes? None. How many CEOs of these companies have become IBO's to capitalize on the great opportunity? None. So when a Quixtar distributor says Quixtar can't be bad because Quixtar has a marketing relationship with Disney stores, remind them about Amway's due diligence with Enron and Worldcom. | |
Monday, August 22, 2011
Hooking up.........AMWAY and Enron
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