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Brad and Leslie Wolgamott Update

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. 

You can see this and more at the newly updated Amway Global Blog.  The new design is a hint at what is in the works for your friendly neighborhood MLM Blog.

Where's WWDB Brad Wolgamott?

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.

WWDB is training and motivation system founded by Ron Puryear that "helps" Amway Global IBO's build their business.

Brad and Leslie Wolgamott were Double Diamonds sponsored by Brad and Julie Duncan in the World Wide Group.

Here is the picture from before:

Here is the picture today:

What's Happening At WWDB - World Wide Group - World Wide Dreambuilders?

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.

if you are looking for WWDB information, here are some posts from the past:

Greg Duncan Bankruptcy

Meeting with Brad Duncan 

Is WWDB Growing?

Any news on the Amway Support System WWDB?

Comparing Network Marketing Compensation Plans: MonaVie vs. Efusjon vs. Arbonne vs. Xango vs. EIRO

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. 

MonaVie  

5,000 Points 


Approximate Wholesale Cost of Product: $6,000-$12,000


Personal Order: $220


Bonus: $316*

Percentage Paid: 5.2%


Compensation Plan: Binary


(Bonus money is assuming that volume is perfectly balanced, in most cases it is not) 

Efusjon  


Approximate Wholesale Cost of Product: $5,000


Personal Order: $120


Bonus: $71.30*


Percentage Paid: 1.2%


Compensation Plan: Matrix

(Some associates carry multiple positions (up to 15) so the personal order might be significantly higher)
 

Arbonne 

5,000 Points


Approximate Wholesale Cost of Product: $7,462

Personal Order: $149


Bonus: $196.61*


Percentage Paid: 2.6%


Compensation Plan: Stair-step Breakaway 

Xango

5,000 Points


Approximate Wholesale Cost of Product: $6,000


Personal Order: $120/$240


Bonus: $300*

Percentage Paid: 5%


Compensation Plan: Straight Unilevel 

EIRO  

5,000 Points


Approximate Wholesale Cost of Product: $5,617


Personal Order: $140


Bonus: $1216.73** 


Percentage Paid: 21.6%


Compensation Plan: Unilevel Hybrid


* Payout based on compensation plan perspective.

** Actual average payout to those with 5,000 points.

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MLM Expert, Len Clements On The Amway Global Compensation Plan

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:

"The Amway Compensation Plan is one of the worst plans in the industry."

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.

XS Energy Drink Owner Files Bankruptcy

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

Amway WWDB Triple Diamond Greg Duncan Bankrupt!

My former upline in Amway/Quixtar is bankrupt....

Amquix.info:

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.

A "Why I Quit Amway" Rant About WWDB

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.:



Amway/Quixtar News Moving To AmwayBlog.com

A little housekeeping is in order...

When I launched the MLM Blog in 2003, the majority of my experience in Network Marketing was in Amway/Quixtar, so I wrote a lot about it.  To this day, I try to keep up with and report on the goings on with the company, but I now get the vast majority of my readers at MLM Blog from other subjects, not just the Amway/Quixtar rumor mill.

So, when I have big news about Quixtar such as the change back to the Amway brand, I will post it here. however for the most part, those who are looking for Amway news will find it at the Amway Blog.

Beginning with:

Where's WWDB Jim Harstad?

Quixtar - WWDB Greg Duncan: Home Foreclosure?

Amquix.info:

It seems WWDB triple diamond and former IBOAI board member (Greg Duncan) have decided to let their numerous properties in Whitefish, MT fall to the auction block through foreclosure.  I guess they are taking the same tactic as WWDB Diamond David Shores when he let his house fall into foreclosure a few years back.  A site visitor sent me the initial information and I confirmed three of the five foreclosures on the Internet.

Read more.