In 24 countries and from 26,000 people, Amway recently sought opinions on the attitudes, concerns and desires of would-be entrepreneurs.
Titled the 2013 Amway Global Entrepreneurship Report, the study provides an up-to-date view on self-employment potential and obstacles hindering entrepreneurial activities in Australia, Austria, Colombia, Czech Republic, Denmark, Finland, France, Germany, Great Britain, Greece, Hungary, Italy, Japan, Mexico, Netherlands, Poland, Portugal, Romania, Russia, Spain, Switzerland, Turkey, Ukraine and the United States.
The good news:
More than two-thirds of respondents (70%) have a positive attitude toward entrepreneurship, a 1% increase over 2012 data. Even more encouraging? Nearly half of them can imagine starting their own businesses.
Respondents from Denmark have the most positive attitude toward self-employment (89%). Finland follows with 87% and the Netherlands rounds out the top three most positive countries.
The rest of the story:
We found that 65% of would-be entrepreneurs were motivated by the desire to be independent. People want to control their time and their futures. They want to set their own hours, goals and priorities — be their own boss.
For years now, our study has shown that fear of failure is the biggest obstacle to becoming self-employed. The fear to fail has lead to the gap between the number of people who can imagine starting their own businesses and the number who actually go for it.
We believe it’s urgent to support the activation of potential entrepreneurs by jointly raising awareness, encouraging further debate and doing anything we can to negate fears.
Amway offers a unique business opportunity and we take seriously our responsibility to engage in the public discussion on entrepreneurship. The Amway Global Entrepreneurship Report is one way we do that. It provides decision-makers in the realm of politics, economics and education with real data to inform actions that encourage the foundation of new businesses.
Amway’s manufacturing expansion is well under way. The seven-site, $375 million project is geared toward building an infrastructure that will continue to provide quality nutrition, beauty and home products to the world for decades to come.
Recent visitors to construction sites in the U.S. states of California, Washington and Michigan have seen great advancements, as have visitors to the Tamil Nadu, India site. While there are several months left before these projects begin manufacturing products for consumers, the visible progress is exciting.
And, you don’t have to be on the ground to see the progress. Photo albums of some of the sites are updated regularly, allowing everyone to track the developments. New photos have recently been added to the albums for Buena Park, California, and our new tablet and soft gel facility down the street from our World Headquarters in Michigan.
As work progresses, we’ll soon add photos of our other projects, including China and Vietnam.
It is an exciting time at Amway, as we grow to meet growing demand worldwide.
The traditional gifts that spouses give each other to celebrate a 25th anniversary in the United States include iris flowers and silver jewelry. This month, we are quietly honoring that same milestone for the Women’s Business Ownership Act, which was signed into law in October of 1988.
This landmark legislation allowed women to receive business loans without the co-signature of a male relative; created the National Women’s Business Council; and helped fund Women’s Business Centers - similar to this one in our backyard – all over the country.
As of 2012, the State of Women-Owned Businesses Report estimated that there are more than 8.3 million women-owned businesses in the United States, generating $1.3 trillion in revenue and employing 7.7 million people.
Amway Chairman Steve Van Andel and President Doug DeVos were selected “Business Persons of the Year” for their leadership of Amway as well as efforts to improve their hometown of Grand Rapids. They were lauded for their partnership in leading Amway to unprecedented success, including their commitment to “do the right thing and do it well.”
And Amway Cofounder Rich DeVos and wife Helen were honored for their legacy of community leadership and giving, which literally changed the skyline and future of the city. They were celebrated for being a “catalyst and spark” for the reinvention of Grand Rapids through their “leadership, positive drive and can-do attitude.”
From running a global business in Ada, to giving generously, to leading change in our community, these four meet the criteria for “influence.” And they’ve definitely made a difference in our corner of the world.
This video takes a closer look at Rich and Helen’s contributions.
The direct selling business — just like most sizeable industries — is no stranger to tough questions posed by critics and the media. But when those questions hit home, and are posed instead by friends, relatives or neighbors, it’s helpful to have a place to go for answers.
74% of U.S. adults have purchased from a direct seller.
In 2012 in the U.K., there was a 29% increase in people aged 25 and younger joining direct selling companies.
The direct selling business model is vocally supported by the likes of University of New Mexico Professor Linda Farrell, Senior Vice President of the Council of Better Business Bureaus Beverly Baskin and former Federal Trade Commissioner Thomas Leary.
The site also contains helpful links to published academic research on the economic impact and history of direct selling, along with growth and outlook figures for the future.
All in all, it’s a great place to go when — just like Dragnet’s crime solver Sgt. Joe Friday — all you want are the facts.
It’s an American holiday, yes, but it represents part of what Amway was built on: independence and opportunity. We can all celebrate that!
We wish everyone a safe and happy holiday weekend. (Our corporate offices will be closed today and tomorrow.) And for those in West Michigan, we hope you enjoy the fireworks in downtown Grand Rapids tonight as we continue our sponsorship of the event.
Entrepreneurship. Partnership. Free enterprise. Themes that have guided Amway since its inception, each serves as a hallmark of the world’s largest business federation – the United States Chamber of Commerce.
We are proud of his leadership role in this prestigious organization – a position he held once before, from 2001 to 2002.
Steve’s belief that business leaders need to share their experiences and knowledge was a lesson he learned from his closest role model. His father, Amway Co-Founder Jay Van Andel, also served in 1979-80. They are the first father-son duo to hold the chairman position – not only at the U.S. Chamber, but also at Amway.
That legacy of leadership is an excellent example for us all.
If you drive past the Amway World Headquarters today, you will see 57 United States flags lining the front of campus to commemorate Flag Day.
On most other days, the poles display the state of Michigan flag and 56 international flags representing the many countries in which we do business. (We operate in more than 100 countries and territories, but local regulations allow us only 57 flagpoles. So we make sure to rotate them regularly.)
“People driving by Amway find it really special to see the street lined with American flags. They’ll honk their horns to show their patriotism,” said Kammie Van Oosten, team leader of Ada Facilities Buildings and Grounds.
Van Oosten’s team of about 10 employees raise, lower and change flags as needed all while adhering to strict protocol for displaying the American flag through storms and sunshine. In addition to Flag Day, the flags are switched out on Memorial Day, Independence Day, Labor Day, Veterans Day or other appropriate occasions.
There is a strict protocol for the American flag, but the facilities team treats every flag with the same respect. “We have important rules we follow at all times,” Van Oosten said. “One is that the flags must never touch the ground. This can be very difficult in bad weather.”
Flag Day is a U.S. holiday, but you don’t have to be in the U.S. to honor your flag. Share a picture of your country’s flag using #AmwayFlagDay on Twitter or Instagram. We look forward to seeing them!
This four-day annual meeting offers attendees the opportunity to choose from more than 20 workshops and sessions exploring topics from The Affordable Care Act to how to find a new distributor base on college campuses.
Four thought leaders from Amway will be there sharing insights and data to contribute to the global direct selling conversation:
John Parker | Chief Sales Officer, Amway; and Chairman, Direct Selling Education Foundation | “Celebrate Vision”
Mike Edwards | Director, Global Services | “Bridging the Generation Gap”
Kim Drabik | Industry & Shareholder Relations Manager |“Direct Selling Goes to College”
Judy Jones | Consumer & Market Insights – Insights Lead | “The State of Direct Selling in the U.S.
Because everyone isn’t able to fly to Arizona for this great opportunity, don’t forget to follow DSA on twitter. The meeting hashtag is #DSAAnnual. Keep up with the conversation!
The fashion community celebrated some of the world’s brightest designers at the annual Council of Fashion Designers of America Awards on Monday evening at the Lincoln Center in New York City — and ARTISTRY was part of the action.
ARTISTRY Global Face, Teresa Palmer, attended the evening’s festivities as the special guest of designer Yigal Azrouël. She wore a custom Yigal Azrouël abstract brushstroke print gown and Resort 2014 collection booties with makeup by ARTISTRY Global Makeup Artist, Rick DiCecca.
The awards were hosted by Andy Cohen. Among the celebrities in attendance were Kerry Washington, Jessica Chastain, Rooney Mara, Adriana Lima, Tobey Maguire and Nicole Richie.
Disclaimer: The authors of these blogs are Amway employees. The opinions expressed here are not necessarily reviewed in advance by anyone but the individual author. These opinions do not necessarily reflect the view of Amway or any other person or company.