• Backing the 70 Percent Rule
Posted:
3/29/2010
With a tiered compensation plan, a key feature to most MLMs,
it’s sometimes tempting to find shortcuts for earning bonuses and awards. For some business
opportunities, one way
is to buy lots of company products, whether or not you use
or
sell them to a customer. Many years ago, the
IBOAI
and
Amway Global recognized the problem and developed
a rule against it – Rule 4.18 of the
Rules of Conduct,
sometimes
called “The Seventy Percent Rule.”
• Protecting the LOS
Posted:
1/29/2010
We bring back an
IBO
Best Practices that bears remembering:
It
should be the goal of every
IBO
to protect the Line of Sponsorship (LOS).
• Your Business Isn’t a Tax Shelter
Posted:
12/16/2009
As we end one calendar year – and one tax season – and begin the
next, we bring back an
IBO Best Practices that reminds us, we can promote becoming an
IBO for lots of reasons: As a tax shelter isn’t one of them.
• Avoid Cross-Group Solicitation
Posted:
9/06/2009
Of the many
Rules of Conduct, one of the most serious is that against
cross-group solicitation. The Best Practice for IBOs is to honor the
lines of sponsorship.
• Keep the Contacts Personal
Posted:
7/10/2009
Anytime someone unfamiliar sends out an unwanted electronic
communication to another person, it’s called
spam. It’s the “junk mail” of electronic communications, and
there are rules against it. For your IBO business, a very important
rule is 4.23 of the
Rules of Conduct, which prohibits Unsolicited Email Messages.
• Never Bring Products into a Different Country
Posted:
5/15/2009
Every once in a while, we get the question, “How do I send
Amway Global
products to another country?” The right answer – and IBO Best Practice – is: Other than sending a gift bottle of something to someone for personal use, you shouldn’t.
• Be Creative, Just Not with the Product Claims
Posted:
3/02/2009
One aspect most IBOs like about an independent business is the ability to be creative. To imaginatively market the opportunity and the products. To help others see the potential in their futures and imagine how quality products can improve their lives. However, one area where you shouldn’t be creative is in the area of product claims.
• Making This an Equal Opportunity Business
Posted:
1/21/2009
The saying used to be, “I’ll sponsor anyone with a pulse.” It was said in jest to express eagerness to build the business, but it really spoke volumes about the openness of the opportunity.
• Follow the Online Rules
Posted:
10/12/2008
We live in the age of the Internet. So much communication passes
across the Internet, it seems natural to join in. However, the
IBOAI Board and
Amway Global established zero-tolerance rules to prohibit
harmful online activities. These are the IBO Best Practices Online
Rules.
• The Five Things You Never Talk About in Polite Business
Posted:
9/23/2008
It shouldn’t surprise you that two things you shouldn’t discuss on stage are politics and religion. Rule 3.1 actually broadens the list to include race, gender, and nationality.
• Your Business Isn’t a Tax Shelter
Posted:
8/19/2008
As an IBO Best Practice, we can promote becoming an IBO for lots of reasons. As a tax shelter isn’t one of them.
• Protecting the LOS
Posted:
7/21/2008
As an IBO Best Practice, it should be the goal of every IBO to protect the Line of Sponsorship (LOS).
