If I get 7 posts in the next few days or weeks, that gets my average to a post a year for the past 7 years, which is much better than ZERO posts for 7 years :)
I got a call the other day from Sam about my AMSOIL business. Since my last post on AMSOIL was in fact over EIGHT YEARS AGO, an update is certainly in order.
The Bad News
As many times as I have intended to, I have not become any more active with my AMSOIL business. I read the monthly magazine to keep up on new products and potential customers. I also keep in touch with the business accounts I have that sell AMSOIL. I do have a couple of great ideas to grow the business both short-term and long-term but thus far they have remained only that - ideas.I also helped a downline dealer work an AMSOIL corporate booth in Kansas City a few months ago. Although it was certainly not as productive as previous events (where the dealers pay to have a booth), it was good experience for us both and got me thinking more about the business again.
The Good News
Despite my lack of effort in the business, my income has remained remarkably stable, mainly due to my business accounts (mechanics and service stations) and downline dealers. Average monthly income has stayed in the $200-300 range. If I would bother to increase my group sales 50%, my income would likely increase 100-200%, but as I mentioned in the previous post, I have so far lacked the motivation to do so.AMSOIL remains a great company with great products, constantly innovating to improve the range of product offerings. The fact that my income has not dropped over 8 years of neglect is a testament to the quality and "stickiness" of the AMSOIL product line. Compare that to my NuSkin/Pharmanex business (now mostly purchases for myself, wife, and father-in-law), where 90%+ of customer sales and profits have disappeared over the same time frame, and you can see why I much prefer AMSOIL's model in network marketing / MLM for generating true passive income. See - I don't completely hate passive income!
