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?