The perks of becoming an Amway Independent Business Owner

There are many ways for people to own their own business, but they don’t all come with the same level of support to get started.

Some may simply open a door to business ownership and leave people to sink or swim on their own merits. Others may offer training, guidance, mentors and other assistance to help new business owners learn the skills needed to succeed.

Amway, an entrepreneur-led health and wellbeing company that allows people to start their own business selling high quality products to customers, falls into the latter category. The company’s philosophy is that Amway Independent Business Owners, or IBOs, are in business for themselves, but never by themselves.

Amway provides IBOs with the foundational resources and Amway tools they need to get started right away. Here are some of the Amway IBO benefits people can look forward to when they start their own business with Amway.

Free first-year registration

One of the biggest hurdles for people who want to start their own business is money. So many types of businesses require a significant upfront investment before any revenue comes in, whether it’s product development, manufacturing, physical locations, high startup costs or inventory requirements.

That is not the case with Amway. The company has been researching, formulating and manufacturing high quality health, beauty, fitness and home products for IBOs to sell to customers for more than 60 years. Amway also offers a complimentary first-year registration for new IBOs and has no purchase or inventory requirements.

That means new Amway IBOs can immediately start learning about the products and selling to customers without spending a dime, providing the perfect on-ramp for those looking for a no-cost, low-risk way of becoming an entrepreneur.

Earning potential: Making money with Amway

For new IBOs who work at their business and see results, there is the opportunity of making money with Amway. Amway offers more than 350 innovative nutrition, beauty, fitness and home products and solutions that IBOs can sell to customers at a retail markup, earning a little extra income with each sale.

IBOs may become eligible for monthly bonuses based on the quantity and value of the products they sell each month. As they grow their business, they may also earn bonuses based on products sold by other IBOs they have sponsored into the business who become part of their team.

If IBOs continue to work at their business and see results, they may become eligible for discretionary incentives based on various sales milestones reached by them or their team, including cash awards or business trips.

Business building guidance and educational tools

New IBOs have immediate access to a free online Amway training platform, podcasts and other educational materials to help them learn how to build a sustainable Amway business.

Amway Education features more than 150+ virtual courses offered in five languages and filled with information about Amway products, solutions and programs; selling strategies; company rules; business tips and leadership skills. And it’s all available online, so IBOs can access it at their convenience.

The Amway network: A community of entrepreneurs

Amway Independent Business Owners are a passionate community of entrepreneurs that learn from each other through sharing knowledge and strategies. They are a consistent source of support for other IBOs.

New IBOs have guidance from the person who introduced them to the Amway opportunity as well as their team. IBOs will often get one-on-one coaching from their sponsors on sales strategies, leadership skills and how to build sustainable Amway businesses. They can also learn a variety of other new skills from connecting with the vast Amway network, such as public speaking and relationship building.

Amway MyShop: Digital platforms for business management

Amway provides IBOs with their own Amway MyShop, a digital storefront on Amway.com along with other Amway tools to manage and support their businesses from anywhere.

Amway also has a repository of approved videos, images and other assets that IBOs can use on their social channels or in person to help educate customers about Amway’s high quality products, programs and solutions.

Is the Amway business for you?

Are you interested in holistic health and wellbeing products? Have you considered entrepreneurship? Amway believes its opportunity is for everyone, regardless of identity or background. It’s a flexible business that can fit your lifestyle, providing an opportunity to earn a little extra income.

Want to learn more? Read about the real life experiences of IBOs Adan and Francisca Ledezma or click on the “Start a business” tab on Amway.com.