10 Lessons I’ve Learned from
Multi Level Marketing
I did this live video on Facebook today and figured I’m make this more of a VLOG to share here too. I hope it brings some value to those of you interested enough to spend 18 minutes to listen to it. 🙂 OR you can check out the tips below. 😉
I know I said 11 things on the video but I was so passionate about 1 of them that I had it written down twice on my list. 😉 My thought are always much more clear when I can put them in writing. I tend to get excited when I speak from the heart and always forget some things I wanted to say so I recommend reading the list below too.
So here we go, 10 lessons I’ve learned from Multi Level Marketing…
- Not everyone has YOUR best interests in mind, despite what they may say. I’ve seen far too many people sign up people in this business and leave them high and dry when it comes to helping THEM build a successful team too. Not only that but a lot of people are just playing a numbers game… they are working hard to just sign as many people as they possibly can to reach a rank or obtain a certain bonus for themselves with very little regard as to whether their business is even something you would care about or want to be successful in too. Make sure you don’t join with someone that won’t be there for you when you need them. Ask yourself…Is this persona a trusted friend? Would you want to go on vacation with them? Do you respect them? Do they know and respect you?
- “You will get all you want in life, if you help enough other people get what they want.” – Zig Ziglar (I misquoted this on my video and thought it was Jim Rohn that originally said this. Both men are fabulous mentors and have so many great quotes I often confuse which one of them said what. At any rate… this is 100% true, especially in network marketing. If you build a team, help them get what THEY want and what you want will come naturally if you put their dreams FIRST.
- Check your intentions. Why do you want to join an MLM? Make sure it’s for the right reasons. If you are just chasing the money, chances are you’ll never get it. There are a LOT of companies out there. Be sure that the one you join aligns with your values, that your upline and the company has integrity and that you can be LOUD and PROUD in sharing it with the world.
- How helpful is your team’s upline BEFORE you join? There are a lot of people in a lot of companies out there that won’t support you unless they benefit directly from you when you join, and even then most uplines won’t make time for you. Take a look at the top earners on the person’s team that is trying to sponsor you. Find out who the top earners are. Ask if you can talk to them. Are they willing to help you? If so, how?
- Ask yourself….Can you be truly PASSIONATE about your OPPORTUNITY and what it takes to do that business daily, 5-10 years from now? Don’t be fooled into thinking that you only have to work hard for a couple of years in order to achieve the lifestyle you want in any MLM company. I believed that lie and I busted my ass to do everything they said you had to do to become successful. I made “Success Club” 24 months in a row. I helped 3-5 and sometimes 10-20 new people a month and it was never “enough” to obtain the freedom they kept telling me was possible. Not without working on that business every spare minute of every day. It became an obsession that hurt my family because I was always working harder to achieve “businss goals” than I was living my “personal life” and I wasn’t putting my focus on what mattered most. BOTTOM LINE IS THIS…. How DUPLICATABLE is your system??? If it takes more than an hour a day, it’s too difficult for you to expect anyone else in your downline to do long term too. And if it takes longer than that you’ll suffer from burnout and quit and in this business, quitters never win.
- Does your MLM company/mission SET YOUR SOUL ON FIRE? If not, it should! But how do you know??? Ask yourself this question… “Would you do it for FREE?” If not, walk away. But let me be clear, that doesn’t mean you should do it for free either. I’m only asking, is the mission of the MLM you’re with or thinking about joining in line with something you are already passionate about and love sharing daily but maybe you’re not getting paid for it? For instance, do you love helping people learn how to eat healthier and care for themselves? If so, then I wouldn’t be looking to join a wine or clothing MLM, I’d be looking into one that provides better nutrition. If you’re not into health and wellness and fashion is more your think, look into LulaRoe. If wine is your thing and you basically live for it, join Wine Cellars (I think that’s the name of it).Will you get PAID for what you DO?
- Get PAID for what you DO? Now obviously in a network marketing business you aren’t going to get paid for everything you do. You’re going to be sharing something that you are passionate about with others. Some will join you as business partners, some will just become product users and some will say no to both. You’re actually going to get a LOT of No’s so just go ahead and prepare yourself for that now. The cool thing is, if you stick with it for the long term, many of those people that told you No before will come back to you and say Yes sooner or later. 🙂 My point in this lesson is not to spend your time running countless “free groups” and constantly reinventing the wheel. It’s one thing to provide value to your followers so that they keep coming back to you for more but it’s another thing to work yourself to the bone for free when ultimately the only one benefitting is the corporation that you serve. Your time IS worth money so make sure your company has a highly duplicatable system that doesn’t waste your time on frivolous activities… like free monthly 30 day challenge and training groups. They aren’t necessary and they will burn you out. Your time is VALUABLE. Make sure others KNOW your WORTH and spend it WISELY.
- Are the people you see involved in your company (or potential company) a “slave” to it? Does corporate require them to attend special events to maintain their rank or to get their bonuses? Does it seem like they work day and night on their MLM business? Don’t be afraid to ask them what it takes to be REALLY be successful and to ask to speak to someone higher up in the company in rank to find out if they are really happy still. Look for people that have been doing it for 5 years or more. Are the leaders and top earners to more than happy to go out of their way to help ANYONE,regardless if they are on their team or not, be successful? If so, you found a winner.
- Decide how much you are willing to invest in others before you start asking people to invest in you by joining your team. I’ve seen far too many people start out in MLM red hot and super excited and bring in a lot of people fast but after 3 0r 4 months they run out of warm market and things start to slow down and they decide to quit leaving the people they signed up high and dry without an upline. This is one of the reasons I like to have my team introduce me to their new team members so I can build a relationship with them too so they will feel comfortable coming to me for help just in case their sponsor quits for any reason in the future.
- Don’t quit too soon! If you love your opportunity, if it goes well with your life’s mission, if the comp plan is great and you are actually DOING what it takes to be successful….you HAVE to give it TIME. People are WATCHING you to see if you are going to quit. They almost want you to fail so they can say I told you so, or I knew you wouldn’t last. Don’t give them that satisfaction. Stick with it. Learn everything you can and be someone that people RESPECT and WANT TO FOLLOW. Eventually the right people will join you. Give it 2 years at least. After all, you give a typical job 20-40 years of your life and can’t achieve half of what you can with the right MLM if you apply yourself and learn from other successful people and do what they do.
So there you have it in a nutshell folks. I could easily come up with another Top 10 Lessons I’ve learned from MLM but for now I’ll leave it at this and maybe do another list in a few weeks.
Let me know what you think and please feel free to share if you got some value out of this.
As always, I wish you the best health and happiness in all you do.