According to recent network marketing statistics, over 56 million people in over 100 countries in the world today are involved in the industry in some way, generating over a billion dollars in annual sales. Many have found financial freedom in the industy, and learned solid business lessons. I would like to summarize the business lessons I learned into the following 3:
1. Every solid business model has a Proven Success System.
I remember when I started in MLM back in 2006, the thing I began to hear very often was "follow the system and you will have success." If following the system was going to bring me success, which is what I was looking for in this industry then I needed to understand what this system was. And so, everything I was told to do, I did with alot of enthusiasm and focus ... even those that did not make sense --- to me. Sure enough, success began to happen. We were always at national conventions, attended all area trainings, I participated at weekly meetings; they said presenters make the most money, so I threw all caution to the air and boldly stepped infront of the room, teaching myself how to speak effectively in public; they said it's a numbers game and so I continuously built on my list and focused on reaching as many people with my opportunity as I could. Sure enough, 18 months later, we were at the top of the compensation plan.
This became clear even in other ventures we are involved in and as I continue to study the journey of successful people, I now know with certainty that everything is pretty much based on a system. Whether it's the legal system, the school system, the work place, tapping into your faith, blogging, entertainment, running a franchise, even day to day things like gaining followers on twitter, etc are structured around systems that work IF you work them.
One of the main reason why businesses don't work out is because owners do not understand what fuels them and how to keep that fuel burning. Most entrepreneurs, especially the 'smart' ones find themselves stuck when they focus on doing things their way, 'logically' re-invent the wheel instead of focusing on finding out what works, how it works and why it works.
Albert Einstein said: "A man should look for what is, and not what he thinks should be."
These days anyone can google their way to success by researching 'how to....'. It's never been easier.
Recent Comments