At Amway, every month is start a business month, whether in the U.S. or around the world! In fact, every day, we equip new entrepreneurs with the mentorship, confidence, products and training they need to own and run a business.
In the video below, Amway Chairman Steve Van Andel said, “We’ve never lost sight of our belief in entrepreneurs. They have been the essential . . . driving force of our business for over 50 years.”
“Entrepreneurs fuel our success, as well as the economies of communities around the world,” added Amway President Doug DeVos. “Today, the spirit of entrepreneurism is alive and well.”
The findings of the 2013 Amway Global Entrepreneurship Report – which measured the dynamics of entrepreneurism among 26,000 people in 24 countries – reinforces these statements.
In 2014, Amway will continue to study the entrepreneurial landscape, looking at what helps and holds people back from bringing their entrepreneurial ideas to life.
We’ll also be adding 13 new countries to our study this year, including India, Korea, China, Brazil, South Africa and Norway. A total of 37 countries will be surveyed, and the release of our results will coincide with Global Entrepreneurship Week in November of this year. (Check out this great video of coverage from last year’s release of the report.)
Until then, follow us on Twitter or Facebook to join the conversation about the role that Amway, and the entire direct selling industry, plays in building and fostering the entrepreneurial spirit around the world. Search for #AGER to find posts specifically about the Amway Global Entrepreneurship Report.
The Amway Insider has brought you several stories about the Georgetown University Leadership Program, known more commonly as GULP.
The partnership between Amway, Georgetown and the Japanese Times daily newspaper brings Japanese professionals to Washington D.C. and Grand Rapids, Michigan, to get a primer on the American political system and see public-private partnerships in action.
In D.C., they visit prominent attractions and meet with well-known political insiders — most recently former White House Senior Advisor and Deputy Chief of Staff Karl Rove. In Michigan, they meet with local politicians, including Grand Rapids Mayor George Heartwell, and visit local attractions, such as Frederik Meijer Gardens & Sculpture Park and the Gerald R. Ford Presidential Museum.
Now, over at the Amway Newsroom, we have an in-depth look at the whirlwind program, its history and its impact. The session is only a week long, but Georgetown officials say they can do a lot in that week.
James V. Parenti, senior associate dean for Georgetown’s School of Continuing Studies, called GULP “the most energetic international engagement we have (at Georgetown).”
And GULP Principal Instructor Bradley A. Blakeman said the value of education is not judged in time, but in content.
“We can be flexible and nimble and entrepreneurial enough to create programs for a student body that only visits for a week,” Blakeman said. “But the content will last a lifetime.”
Leadership and passion.
Knowledge and expertise.
Those are just a few of the words that describe Amway’s Bob Hamilton, THE go-to person for policies and regulations in the home care and beauty products industries.
“His practical approach is highly valued by regulatory professionals worldwide,” says Dr. Nico Raczek, Amway global director of regulatory policies.
What else makes Bob stand out? “Good science, and products that are safe for our families as well as our communities are primary motivators for Bob,” says Terri Gaskey, who leads our quality assurance and global technical services.
Few were surprised when Bob received a prestigious distinguished service award from the American Cleaning Institute (ACI) for his decades of science-based policymaking.
Two more words? Sweat equity.
“He has worked tirelessly over many years to strengthen the work we do on behalf of the industry,” says Ernie Rosenberg, ACI President & CEO. “We could never say ‘thank you’ enough for all that he has done.”
Those two words are the perfect way to begin.
One of Dr. Anuradha Nagarajan’s former M.B.A. students made international news in 2011 when she invented an improved, low-cost and life-changing way for women in rural India to carry water over rough terrain.
This past Saturday, Dr. Nagarajan – along with Amway Chief Sales Officer John Parker and eVent.com Cofounder Andi Sie – issued a similar challenge to another 40 University of Michigan business students.
The task: Use principles of entrepreneurship to create more sustainable economies and bring more of the world’s growing population into the middle class.
Nagarajan, Parker and Sie participated on the Entrepreneurship Panel of the 24th Annual Asia Business Conference in Ann Arbor, themed “Discover the Possibilities: Shape the Future,” and students from Japan, Korea, China, Thailand, USA, India, Indonesia and Malaysia attended.
Parker touched on how Amway measures success by the number of people we can help start their own small, independent businesses, bringing more economic and personal flexibility and independence to their lives.
Sie covered his experience in the real estate, health care and technology sectors as an entrepreneur who abides by one rule: Have a purpose. Purpose, said Sie, is the key to success that helps entrepreneurs get through the inevitable hard times.
Students were asked by the panelists to consider:
It was a unique chance for students to get real world inspiration to shape the future—their own and the world’s.
At Amway, we have an award-winning internship program that immerses students in the business world, giving them real projects and opportunities to learn from seasoned colleagues and executives.
Our Amway Business Owners also have access to free, extensive training to help ensure a successful start.
So, what about our new employees? They are not left out. The Early in Career Group at our World Headquarters was started in 2010 for anyone new to the Amway company. Regular meetings and social functions help them network, meet new people and expand their knowledge outside their own department.
They focus on professional development, leadership opportunities or volunteering events.
While it’s focused on helping new employees “connect, collaborate and grow,” veterans are welcome, too. In fact, they often use the group as a resource to tap fresh points of view.
Company executives, like Amway Chief Sales Officer John Parker, say fostering the group is “critical to the future of the company.”
“One of the great things about EiCG is that it keeps Amway entrepreneurial,” Parker said. “We’re a big company, a big business, lots of employees, and any big company like that ends up with silos.
“It’s those individuals that are part of the EiCG network that are the future leaders and the future of the business.”
Check out what some of the group members have to say in this video.
Amway is a business built on relationships, powered by excellent products and guided by the principles of entrepreneurship and free enterprise. It is an organization of one-on-one connections, that has ultimately connected many parts of the world.
That impact has led many to seek additional information about Amway. Our answers are often guided by the Amway Media Guide, a trusted source inside the company for facts and figures that help quantify the organization’s size and scope in some way.
While the guide is developed with the news media in mind, we thought it would be of interest to others as well — including you. So here it is. Enjoy!
Open a closet or cupboard door in many homes around the world and odds are you’ll find at least one product from General Mills, Campbell Soup, Coca-Cola, L.L. Bean or Fisher Price. And the leaders of these companies have much to teach us: about transformation, innovation, big data, culture, philanthropy and purpose.
That’s why Robert Reiss, Forbes columnist and longtime host of The CEO Show, brings these leaders on air, and asks them the tough questions about their personal management styles, how they have reinvented their industries, and how to develop best practices while upholding their own values. His show airs weekly and is syndicated in full or in segments in 85 U.S. cities.
The recent interview that Reiss did with Amway Chairman Steve Van Andel and Amway President Doug DeVos went live on the show’s website last week. It was an excellent opportunity to amplify Amway’s story, share the entrepreneurial spirit and drive behind direct selling, and have an important conversation about the role of entrepreneurs — people like our Amway Business Owners — in healthy, growing economies.
In the final minutes of the interview, Reiss asks both men for the advice they have for anyone considering becoming an entrepreneur. Said Steve, “You have to just jump in and try something. It doesn’t always work, but it doesn’t matter. Just keep trying.” Doug added, “Get connected with mentors and other people who’ve done it. . . everyone thinks it’s about money. It’s not. It’s about people and it’s about connecting with others who can give you encouragement. . . ”
Courage and coaching. To us, that sounds about right.
That’s according to the 2013 Amway Global Entrepreneurship Report, which studied views and attitudes toward entrepreneurship and self-employment in 24 countries.
Here are some results from Great Britain:
So, why do those in Great Britain like the idea of starting a business? Well, it’s not about the money. “Second income prospects” was one of the least important reasons they would consider it. The highest ranked reason was “independence from an employer and being one’s own boss.” The second most appealing reason was “self-fulfillment and possibility to realize own ideas.”