Capital New York

commonsensematt commented on Madoff-ravaged Mets enter into a stadium deal with ... Amway

New York's Law and Amway: In a ponzi scheme a Bernie Madoff character pays investors from the money of "new recruits". Amway pays no money for recruiting. All bonuses are paid on the movement of products and services. That's why Amway has an A+ Rating with the Better Business Bureau and partners with Partner Stores like Best Buy, Sears, Dell, and Bank of America. A company like Best Buy is not going to officially partner with a ponzi scheme. There is no get rich quick mentality in Amway, its takes hard work and effort like any other business to do well. Why wouldn't the Mets be proud of having a great company like Amway have a store near them? After-all, the NBA Orlando Magic Basketball play in "Amway Arena" and the official sponsor of the NHL Detroit Redwings is Amway.

Posted on February 25th, 2013 11:06pm

commonsensematt commented on Madoff-ravaged Mets enter into a stadium deal with ... Amway

The Amway business is not for everyone, but with nearly 40 Billion Dollars payed in bonuses, over 55,000 brand new Platinums worldwide in 2011 (Amway discloses the average income at Platinum is $40,125/yr in North America) and sales of 10.9 Billion dollars it obviously works for those that work it. If your not willing to work and not self motivated Amway is not a way to make a living, but like anything you get what you put into it. Its a virtually risk free option as well as they have 90 day money back guarantee on the business registration and any business support materials anyone might buy - no questions asked. How is anything that has a money back guarantee no questions asked going to take advantage of anybody? Amway even has a 180 day money back guarantee on their products - no questions asked. I do make my living as an Independent Business Owner and my experience may be different then yours, but what I can say is it is a low cost, virtually risk free way to give yourself an opportunity to try a business of your own. Lastly, Amway keeps track of client purchases and requires a certain amount of client sales as required in the 1979 Federal Trade Commission that ruled that Amway was a legal business and the model for all other businesses in the industry. Herbalife does not keep track of Customer sales and is in hot water because they have a hard time to prove that they have clients the required amount of client sales like Amway was required to have since 1979. So Amway has not issue with the FTC or SEC, its Herbalife.

Posted on February 25th, 2013 8:02pm