For years, I have been approached by students involved in network marketing and have been asked to join various companies involved with juices, drinks, pills, telephones, websites… You name it, I’ve been pitched to join it.
I was sick and tired of it. For years, I didn’t think much of ‘network marketing’ or ‘MLM’s,’ and I was very open about it. “Stay away from me – I don’t do MLM’s” was my motto!
Along the way, I had met some very successful people, some of our 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 ever trying it.
Then I was challenged by a speaker. This gentleman had made millions in network marketing and questioned why I said the things I said about network marketing without any real involvement.
He explained to me that more people are getting involved in network marketing now than ever before and that this is where the money was for now.
So I decided to try it. That was almost 10 weeks ago. I figured I could ‘try’ it and tell people how much I hated it.
Boy, was I wrong!
Here are my observations:
- Network marketing teaches wealth builders the FOUNDATION of owning a business and how to communicate with people. I’ve noticed that if people cannot communicate effectively, they don’t have a chance to successfully 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 communication!
- Network marketing teaches people to handle rejection. Whether you are running a business, raising capital or buying a building, if you think you won’t have rejections, you’re wrong. 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!”
- Network marketing teaches you to make DECISIONS. Most people go through their entire childhood (and much longer) without ever having to make decisions. Our parents, then teachers, and eventually our bosses told us what to do, and then suddenly, when people have to make decisions, it is EXTREMELY uncomfortable. I sometimes challenge students to dedicate a week of making decisions without once sitting on the fence. Look around and notice the people around you – how many of them struggle with making decisions. Which leads me to my last point…
- Network marketing teaches people to become LEADERS. With the ability to make decisions, handling rejections, and good communicating skills, you’ll have the foundation to become a leader. Anything is possible now!
Ten weeks ago, I was challenged by someone about my views on network marketing. Today, I think it’s a great business model for most wealth builders to consider. I can’t believe I’ve become such a strong proponent of it, but I finally ‘get it’ – and can see why most people quit doing this so fast. It builds character, and anyone that can’t handle it cannot handle building a business, raising capital, or become an active wealth builder.
By the way, I’ve made money EVERY single week since I started. My last WEEKLY check was approximately $2250 – in just 10 weeks!
That’s my 2 cents on the subject. Network Marketers, a truly exceptional professional.