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how amway started

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  5. how amway started

Asked: 2020-01-26 04:33:55

Is it true that Amway was founded in 1959 by Rich DeVos and Jay Van Andel in the basement of their home? I heard they were friends in high school and made a pact that they would become business owners and entrepreneurs. After several failed business attempts they launched Amway. They caused a revolution in the business model that is classified as direct selling. I know that today there are many people who own businesses due to Amway and they are making good money doing it. Is it true that this is how Amway started?


Answered: 2020-01-27 04:33:40

Amway began in the year 1959. The business model developed allows the average person to run and build a successful business thereby promoting entreprenuership in people who may not have had to chance otherwise. Amway has made many people rich, not bad for a business that began in a basement. Perhaps, the best thing we can learn from the Amway business creators is to help others. They were not only trying to make themselves rich they were trying to take others up the ladder of success with them and it worked!


Answered: 2020-01-27 12:04:58

Amway was founded in 1959 by two friends. The business continues to be successful today and has produced a lot of millionaires along the way. It is a business that anyone can join. When the founders made a pact as teenagers to become entrepenuers they had a vision of success. However, the idea was so popular many people got involved and Amway became what it is today, which is one of the richest corporations in the world.


Answered: 2020-01-27 21:24:51

Amway was founded by Jay Van Andel and his friend Rich Devos in 1959, these life long friends believed that owning a business could help you reach your full potential and provide a better life for your family. These two friends had a vision of gaining financial independence for themselves and others. I don't know if they ever dreamed it would be as successful as it ended up being but it is good that they actually lived to see it a success.


Answered: 2020-01-26 19:43:33

Yes, it was started in 1959 by two guys who were best friend from High school. They started the business in their basement. Amway wasn't the first venture into business that these two made. They first started a flying school and later they opened a restaurant. Eventually they abandoned all of that and started Amway. Amway is considered a low risk, low cost opportunity for the average person who has the ambition of starting their own business.

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