Network Marketing – My Observation So Far

Dec 7th, 2009 | By admin | Category: OPM, Wealth Building

For years, I had been approached by students involved in network marketing. I have been asked to join various companies to do with juices, drinks, pills, telephones, websites… You name it, I have been pitched to join it.

I was sick and tired of it. For years, I did not think much of “Network Marketing” or “MLM’s”, and I was very open about it. “Stay away from me – I do not do MLM’s” was my motto!

Along the way, I had met some very successful people, some students, that were making a killing with this business model. I found it intriguing, but never wanted to get involved.

Deep inside, I felt guilty that I was shunning this business model without having it tried it.

Then I was challenged by a speaker. This gentelman had made millions in network marketing. He questioned why I would say the things I said about network marketing without having it tried it.

He also explained to me that now more people were getting involved in network marketing then ever before. This is were the money was for now.

So I decided to try it. That was almost 10 weeks ago. I figured I can “try” it and tell people how much I hated it.

Boy was I wrong!

Here are my observations:

  1. Network marketing teaches wealth builders the FOUNDATION of owning a business. How to communicate with people. I noticed that many people cannot communicate effectively – they don’t have a chance to run a business. So become an effective communicator through network marketing first before you even consider running a business or RAISING CAPITAL. Yep, raising capital is all about communicating!
  2. Network marketing teaches people to handle rejection. Whether you are running a business, raising capital or buying a building, do you think you will not have rejections. One of my mentors once told me jokingly that every bank in town has a photo of his in their bank for the most rejections for loans. Yet, he made it big! He always said to me, “if you can handle rejection, you can overcome fear!”
  3. Network marketing teaches you to make DECISIONS. Ever since we have been kids, we have never had to make decisions. Our parents, then teachers, and eventually our bosses have told us what to do. Suddenly, when people have to make decisions, it is EXTREMELY uncomfortable. I sometimes challenge students to dedicate a week of making decisions without sitting on the fence. Also notice people around you, very few people can make decisions. This leads to my last point.
  4. Network marketing teaches people to become LEADERS. With the ability to make decisions, handle rejections, and have good communicating skills, now you have the foundation to become a leader. Anything is possible now!

10 weeks ago, I was challenged by someone about my views on network marketing. Today, I think it is a great business model for most wealth builders to consider. It is hard to believe I have become a proponent of it. I finally “get it” – I also see why most people quit doing this so fast. It builds character, and anyone that cannot handle it cannot handle building a business, raising capital, or become an active wealth builder.

By the way, I have made money EVERY single week since I started. My last WEEKLY check was approximately $2250 – in just 10 weeks!

That is my 2 cents on the subject.

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3 Comments to “Network Marketing – My Observation So Far”

  1. mark dankman says:

    What company are you involved with?

  2. Alexander says:

    George,

    This is great articles that you wrote. I have a question. Which network marketing company are you part of?

    Alexander

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