Adam Gomez remembers sitting in front of the television on Sundays watching football and clipping coupons.
He worked full-time as a grocery store manager, but it wasn’t enough to pay the bills. His second job brought his work week to 70 hours. His wife, Vicky, worked three jobs while going to school full time to become a teacher.
It was about that time that he watched his boss get fired at age 62. It was a wakeup call.
“I remember thinking how tough it would be to find another job at his age and that it was just a matter of time before I was in his spot,” Adam recalled. “I started looking for a way to be my own boss so I could be more in control of my life.”
Potential for extra income was intriguing
It wasn’t long after that a friend talked to them about the Amway™ business. They were intrigued.
“My friend was making an extra $200 a month with his Amway business, and that really impressed me,” Adam said. “I thought if I could get that out of my own business, I’d be satisfied.”
But his wife was wary. She knew their already heavy workload left little time to work on the business. And this wasn’t the first time she had heard about Amway. Her sister had tried earlier and failed at the Amway business.
“That made us skeptical,” Adam admitted. “But the truth is, her sister didn’t progress in the Amway business because she wasn’t willing to do the work. I’ve never shied away from hard work – especially when it could be met with great reward.”
Doing his own research
So Adam went to the library and did his own research. He wanted to learn everything he could.
“Based on the information I found out about Amway from credible sources, we decided to join,” he said. But the fact remained their free time was limited. They did what they could, using and selling Amway products and staying connected to the company.
“We didn’t miss a meeting,” he said. “We may have been just dabbling in the business, but we never lost sight of the potential ahead of us.”
Making the leap
In January 2001, about five years after they joined, they attended an Amway convention and knew it was time to make a leap. By then they had small children and were $55,000 in debt.
“I remember sitting in that coliseum full of people and thinking that they’re just like us,” Adam said. “They’re looking for a better life. Vicky and I decided that day to really go for it.”
And they did, taking advantage of every free hour. That year, their business doubled. Adam quit his second job. The following year they paid off their debt and Vicky left her teaching job to work their Amway business full time.
“The bigger we grew, the more determined I became,” Adam said. “I wanted success not just for my family, but equally for my group.”
Today, after more than 20 years, that’s still a driving factor.
“Every day is a new day to help someone else make a better life, as I have,” he said. “My success can be yours if you’re willing to do the work, put in the sacrifice and stay true to your goals.”
See how other IBOs are building their businesses.
The average monthly Gross Income for “active” IBOs was USD $207 (in the U.S.)/CAD $186 (in Canada).
Approximately 48% of IBOs in the U.S., and 52% of IBOs in Canada, were “active.”
IBOs were considered “active” in months in 2016 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 $2,484(U.S.)/$2,232 (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 2016 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 are approximate percentages of IBOs in North America who achieved the illustrated levels of success in the IBO Fiscal Year ending August 31, 2017: Platinum (0.4156%).