Success in MLM
There are many articles and products on the topic of success in MLM. Is success in MLM in fact achievable for most of us or is it reserved for a privileged few who know some special tricks?
I was inspired to write this after reading a great post by Adrienne Smith, titled How I Stopped Failing in Network Marketing. Jump over there and have a read. You will see many of us commented on Adrienne’s use of the word “fail”.
If you Google the phrase “failure in MLM” you will see numbers between 95 – 97%. The question here of course is how many of these people actually attempted to succeed. And what is success anyway? Success in MLM?
My history around the MLM industry is more “from the outside” until recent years.
When I met my husband 31 years ago he did Amway as a side business. He had a very busy Farm Machinery dealership so his time for his Amway business was very minimal. I concluded that people did MLM part time if they had time. Success in MLM!
Several years later I was working as a CPA in a practice that had lots of Amway distributors as clients. I prepared their tax returns and saw most of them make losses in their business. However it was a good write off against their taxable income from their job resulting in tax refunds! So now my view of the MLM world was – it is part time and you lose money. Hmm Success in MLM!
I then changed careers and we had a financial planning business. It was during that time that I met the first few people who made serious money in MLM. Again they were in Amway (not sure if there were any other companies back then) and they were making six figure incomes, which in the eighties was considerable. Hmm Success in MLM was happening around me!
So now my view of the MLM world was – it is part time and MOST PEOPLE lose money – and just a few make big money.
Over the following decade we joined a few MLM companies as customers with the intention we might do the business one day if we had time. I guess we were included in those 95-97% failure stats. Hmm still no success in MLM!
My next serious encounter with the MLM industry was during my time as the CEO for the company that promoted Robert Kiyosaki, the author of Rich Dad Poor Dad, in Australia and New Zealand. Robert also wrote a book for the Network Marketing Industry and as a result had a strong following in the industry. His events in Australia attracted lots of networkers.
It was during this time that I met many serious income earners and my first seven figure earners. My view of the MLM world was changing and I could really see it was possible to have success in MLM. I was prospected by many people but felt it was a compromise of my position to join any one company. And I was on the road touring and working so many hours I did not feel I had time to devote to another business. I found many of the people that were prospecting me very pushy. In fact my personal assistant would run and hide when some of them came into our office.
My view of the MLM world became– it is part time , MOST PEOPLE lose money – and just a few make big money and they are pushy.
During my time in this role I started taking some high quality supplements which are sold by the MLM model. I honestly do not know how I would have got through the time without those supplements given the late nights, early mornings and constant travel we did. This was later to become my first real attempt at Network Marketing (MLM).
My upline could not have been more supportive for me and her team. I had some success but in short bursts. I was not consistent. In reflection I had brought with me the belief system the MLM world is part time , MOST PEOPLE lose money – and just a few make big money and they are pushy. So it was not the best mindset to start with.
In this company there were plenty of people making good money so I started to believe it was possible.
It was my first attempt at MLM and I made some classic mistakes. I think one of the greatest mistakes I made, and see others make, is expecting to be able to succeed without learning the skills. I used to look at successful people in MLM and assume they just knew what they were doing from day one. I also assumed that the skills I had from my previous careers would get me through. I did not understand this is a profession and like any profession needs to be learned.
One person I had grown to admire was Terry Petrovick. I heard him interviewed and found out he had built his business online. That seemed like a great idea so I decided to venture into the world of the internet. I came online just over two years ago and got lost in bright shiny objects for far too long.
I was constantly learning and watching what other people were doing online. Two of the people I came to admire most in the industry are Terry Petrovick and Ray Higdon. I admire them because they are successful and they have a mix of online and offline skills.
If you go over to Adrienne’s post you will see she mentions Terry and if you watch the video you will get the full story. It is worth it!
If you scroll down on Adrienne’s post through the comments you will see one by Terry Petrovick. You will see he also did not start with instant success 🙂 Terry’s blog is TerryPetorvick.com . If you are serious about MLM I recommend you follow him he has had Success in MLM!
The other person I mention is Ray Higdon. rayhigdon.com another blog anyone in Network Marketing should follow.
I used to know bits of Ray’s story and actually told people he was an instant success and had come into his current MLM, being the first he had tried and within 7 months had a $40,000 month. Oops then I heard Ray say he had been in eleven companies before Numis! Now Ray is really achieving Success in MLM.
So we all start somewhere and we all have to learn. It depends if we are prepared to persevere.
Ray Higdon recruited Terry Petrovick into Numis. I watched these two powerhouses with great respect. So it was a no brainer for me to contact Terry when I saw their company was coming to Australia. It commenced pre-launch on the 2nd April.
What I had observed from afar did not disappoint me. Their systems and support are amazing. If you live in the USA, Canada, UK or Australia and want to join a powerful team then please contact me or you cancheck it out here at Success in MLM.