WWDB - World Wide Group
Latest WWDB - World Wide Group Posts
Amway Sales Grow In 2009 But No Mention Of U.S. Sales Growth
Posted on 09. Mar, 2010 by Ty Tribble.
I just unleashed 7 of my most closely guarded Internet Marketing files for the first time. Download Ty Tribble's MLM Web Secrets. It's my free gift to you for visiting.
If Amway doesn't mention U.S. numbers, you can be pretty sure that they are down. Amway training systems like WWDB have shown declining numbers in meeting attendance and new diamonds....here is the press release from Amway:
ADA, Mich., March 9 /PRNewswire/ -- Amway's parent company, Alticor Inc., announced record sales of more than US$8.4 billion for the year ended Dec. 31, 2009, which was a 2.3 percent increase over 2008. Sales were negatively impacted by foreign currency fluctuations, which in local currency grew 5.9 percent.
"Our focus on using innovation to transform the Amway business is showing results," said chairman Steve Van Andel. "The global economy challenged every business in 2009. Our continuing investment in products, technology, and connecting with consumers helped us weather the storm."
Said president Doug DeVos: "Our distributors around the world deserve a lot of credit for persistence in a difficult economic climate. We put a lot of effort into improving our product offerings and building consumer awareness; the distributors put in the work to drive sales to our customers."
The company also made gains in another key measure. Said Van Andel: "In 2009, we increased our market share in the direct selling industry, and continued to drive improvements and adjustments to our business that will help us, and our distributors, succeed over the long term."
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Bankrupt Amway/WWDB Triple Diamond Greg Duncan Wants To Borrow A Million Dollars From Amway Global
Posted on 03. Oct, 2009 by Ty Tribble.
Amquix.info posts an interesting article about World Wide Group's Greg Duncan who recently filed bankruptcy, liquidated assets via an auction and was looking to borrow a million dollars from Amway.
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Brad and Leslie Wolgamott Update
Posted on 08. Sep, 2009 by Ty Tribble.
The Amway Blog - Brad & Leslie Wolgamott Update is an update on Brad and Leslie Wolgamott. WWDB has an open and authentic post about them on the Wolgamott page.
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Where’s WWDB Brad Wolgamott?
Posted on 07. Sep, 2009 by Ty Tribble.
Brad Wolgamaott is suspiciously missing from the World Wide Dream Builders (WWDB) website. Brad's wife Leslie has her picture on the site. Leslie was reportedly alone during this weekend's River Rendezvous at Ron Puryear's River House.
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What’s Happening At WWDB – World Wide Group – World Wide Dreambuilders?
Posted on 10. Aug, 2009 by Ty Tribble.
Search engine traffic is telling me that something is going on at WWDB. Major Function, maybe or something bigger? If you have details please leave a comment.
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Comparing Network Marketing Compensation Plans: MonaVie vs. Efusjon vs. Arbonne vs. Xango vs. EIRO
Posted on 06. Aug, 2009 by Ty Tribble.
I recently saw some interesting numbers about a handful of Network Marketing compensation plans. The comparison took a business built in the suggested method with 5,000 points of volume. You will see that most companies do not pay very well on the front end (if at all). Feel free to do your own research evaluating the compensation plans listed here.
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MLM Expert, Len Clements On The Amway Global Compensation Plan
Posted on 19. May, 2009 by Ty Tribble.
By Ty Tribble, MLM Blog Founder
I was listening to a recent podcast from MLM Expert, Len Clements and he said something about the Amway compensation plan that I found very interesting. Mr. Clements is a court certified expert in MLM/Network Marketing and founder of Market Wave Inc, in case you were wondering about his credentials.
So here is a quote from Mr. Clements about the Amway Compensation Plan:
Hmmm. That sounds really familiar. Oh yeah, that's what I have been saying about the Amway/Quixtar plan for years. Here is a link to the podcast where Len makes the statement. The podcast is one hour and forty minutes long and the quote is near the end .
Back to Amway Global...
Amway is an $8 Billion company, but my guess is that only 10% (roughly $800 Million) of that volume comes from the U.S., down from an estimated $2 to $3 Billion in the 90's.
Is Amway Global a good business opportunity in the U.S.?
Let's answer that with a couple of questions...
1. Can you name a Network Marketing company that has a worse reputation than Amway/Quixtar?
2. Can you name a company that has a worse dollar to volume ratio than Amway/Quixtar? In other words, how much does it cost you to do your 100 points?
Amway Global has a Stairstep Breakaway Plan (not a Unilevel Plan like some folks at MonaVie claim). The Stairstep Breakaway plan is typically considered as a plan that is disproportionately weighted towards the back end. In general, top earners typically (not always) do fairly well and the mid to low ranks suffer.
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XS Energy Drink Owner Files Bankruptcy
Posted on 13. Mar, 2009 by Ty Tribble.
Amway Triple Diamond Greg Duncan, a leader in Worldwide Dreambuilders - WWDB and owner of XS Energy Drink has filed bankruptcy.
Get the details here: WWDB Greg Duncan Bankrupt
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Amway WWDB Triple Diamond Greg Duncan Bankrupt!
Posted on 12. Mar, 2009 by Ty Tribble.
My former upline in Amway/Quixtar is bankrupt....
World Wide Dreambuilder's Triple Diamond and former IBOAI board of director Greg and Laurie Duncan have been in bankruptcy court since Sep. 11 2007! A site visitor notified me of the bankruptcy after checking up on their numerous houses that were in foreclosure last year. The Duncan's listed assets of $63 million and debts of $8.4 million. Despite having millions in net worth, the Duncan's cannot service all their debts.
The Duncan's owed $1.7 million to the IRS for back taxes and penalties and $452,000 to the State of Montana for back taxes.
In April of 2008, the Duncan's filed a reorganization plan and disclosure statement under court sealing that was later unsealed when it went into Chapter 7.
Supposedly $9 million of Duncan's cash got drained away in a lawsuit over the rights to sell he XS energy drink. I obtained documentation of a suit involving the XS energy drink brand with a company called Cetalon. Cetalon claimed it was given marketing rights for the XS brand and was suing for its piece of the pie after Quixtar became a major buying. Greg Duncan was named as a defendant, and Cetalon went bankrupt when it lost the case.
All the bankruptcy documents are public record on Pacer.
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A “Why I Quit Amway” Rant About WWDB
Posted on 08. Dec, 2008 by Ty Tribble.
I was having a conversation with two friends (very successful people) who were both personally sponsored by me in Amway 15 years ago. They know that I have left Amway and gone on to create a multiple six figure income in Network Marketing and they asked what I think happened to Amway.
The problem with Amway is two-fold. First the compensation plan is horrible. If it's not the worst compensation plan in the industry, I don't know what is. Many will ask if the compensation plan is so bad, why would people (especially leaders) stay with the company long term and the answer is simple. These leaders make a significant amount of their income from training and tools that are sold independently of Amway.
Amway could never have grown to the levels they have while paying out such small bonuses without the help of the leaders who many times make more money from the training then they do from Amway and the leaders could never offer this type of training in the open marketplace without the Amway business.
I don't complain about my time in Amway, I did learn a lot and was taught to really focus on personal development and reading which has changed my life and allowed me to create great success in another company outside of Amway. I look at my time in Amway as education.
Anyways, I ran across the following video on YouTube. Please keep in mind, (THIS IS NOT ME!)
This is a video by someone who used to be associated with World Wide Dreambuilders, an Amway support organization.:
