Chuck’s MLM Weekly Wisdom # 52 – September 2, 2015

Chuck’s MLM Weekly Wisdom # 52 – September 2, 2015

Dear Network Marketer:

I hope you are happy and well.  Welcome to this week’s edition of Chuck’s MLM Weekly Wisdom.

# 1 One Year Anniversary – This edition marks the 52nd issue of my Weekly Wisdom, the one year anniversary.  As a token of my appreciation of being a valued subscriber, I am offering you the following specials:

  1. Buy one hour of coaching and get one hour free (save $100, see services page)
  2. Order a copy of my MLM Blogging Profits Course for just $40 with free shipping (save $27)
  3. Any of my regular services are 25% off (see the services page)

If you are interested in taking me up on any of these offers, just reply to this email and I can give you more information (and discount code) or walk you through the steps.  This special ends Thursday, SEP 3, at 5:00 pm eastern time.  Once again, just email me to learn more, get the details or ask your questions.

# 2 Why Just Building a Downline is Risky – I’m sure that many of you will not agree with what I am about to say, and that’s perfectly okay.  This is just my opinion.  I want to tell you that I personally believe that just building a downline is risky.  When you are building a downline you don’t own anything.  You don’t own the downline.  You don’t own the company.  You don’t own the intellectual property.  You don’t own the products.  The company can terminate you at any time (yes, this happens).  The company can go bankrupt and close down at any time.  Some companies won’t even allow you to sell your downline (crazy, but true).

Now don’t get me wrong here.  I am a big fan of the industry.  I just believe in being diversified.  I believe everyone should have several income streams, not just one.  Keep your day job.  Keep building your MLM Business.  Only promote one MLM Company.  But why not create several non MLM related income streams as well?  This gives you added security in case something goes wrong or doesn’t go as planned.

# 3 Quote of the Week

“Never mistake activity for accomplishment.  You cannot train your way to $100,000.” Mark Yarnell

My Take: So many people are getting ready to get ready.  They think about their business all the time.  They spend time working in the business, but they never focus on the activities that actually grow their business.  Avoid analysis paralysis at all costs.  Spend all of your time on the money producing activities.  Don’t think that spending time on conference calls, webinars, Facebook or YouTube will actually grow your business.

# 4 Looking for that One Person – A lot of people in our industry have the mindset that “if they could just find that one person” their business would take off and the big checks would just start rolling in.  I’ve found that it seldom works out that way.  You see, a leader will rarely, if ever join a follower.  Leaders are naturally attracted to other leaders.  To me, this means you need to become a leader first if you want to attract other leaders into your business.  Work on your people skills.  Work on your leadership skills.  Improve your knowledge and value.  Only then will you start to attract the type of people you are really looking for.  Be someone worth joining!

# 5 Suggested Videos

Here are some videos I found on YouTube that I think you will enjoy.

# 6 Wisdom from Jordan Adler’s Mentor

One of my favorite network marketing mentors of all time is Jordan Adler.  In his book “Beach Money” he shares some of the best advice he received from one of his mentors who built a team of more than 2 million distributors.  When asked what the key to success was, this was his mentor’s response:

  1. Get a few distributors
  2. Get a few customers
  3. Help your distributors get started doing the same thing.

The real beauty of this advice is the simplicity.  Most people tend to overcomplicate the business.  To succeed, you simply need to sponsor a few people, find some customers, help your new reps get started, and repeat!  That’s it folks.

# 7 Book of the Week

This week’s book of the week is “The Magic of Thinking Big” by Dr. David Schwarz.  I’m not sure if I’ve recommended this book in the past or not, but even if I have, it’s worth recommending again.  This book had a profound impact on my life.  I’ve learned that most people think small and sell themselves short.  If you have this problem yourself, this book is for you.  Another lesson I learned in the book is that “action cures fear.”  There is so much wisdom in this book that my personal copy has about ½ of the book underlined and highlighted.  If you haven’t read it before you are missing out.  Order a copy on Amazon.

# 8 This Week’s Wisdom

“The experience of sharing stories, laughing, telling jokes and swapping inspiring tips will do more for your team than any training you can provide.” Jordan Adler

My Take: You have to realize that most people want to belong to something bigger than themselves.  Many folks join our industry to make new friends and have a social club to belong to.  Have fun with your team.  Don’t take yourself too seriously.  Spend quality time with your team laughing, learning and growing.

# 9 New Podcasts

Here are some new podcasts I published this past week.

# 10 Who Are You Really Looking for in This Business?

This is a question that took me nearly 10 years to truly understand.  The person you are looking for in this business is ANYONE who wants to use the products or services.  Your first and top priority is to create volume.  That’s what you get paid to do.  Of course you want to find your leaders and serious people.  Just keep in mind that this is a very small percentage of the people you sponsor and a very, very small percentage of people you talk to.

If you’re only looking for leaders and heavy hitters, you are going to have to work extra hard.  You’ll get frustrated.  You’ll have to go through tons of people.  It’s much easier to find your key people as a result of finding people who want to use the products or services first, than the other way around. I hope that makes sense.

# 11 Trending Blog Posts

Here are three popular posts on my blog that are trending right now.

# 12 Featured Product

This week’s product of the week is “Facebook Cheat Sheets.”  This course is for anyone looking to learn how to use Facebook ads to get more leads and build their business online.  By clicking on the link you will also get some free training.  Purchasing the course is optional.  Learn more.

Final Thoughts

I hope you have enjoyed the training this week.  If you have questions or need help with anything feel free to give me a call or send me an email.  Have a great day.

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10 thoughts on “Chuck’s MLM Weekly Wisdom # 52 – September 2, 2015

  1. Mickiyas

    Hi Chuck,

    I can relate to tip #3. That’s exactly what I used to be for a long time. I got the wrong impression that I was doing the right thing and that I was working hard. As it turned out, I was busy but I wasn’t ‘working’.

    I also agree with tip #2, building multiple streams of income. You don’t want to lay all your eggs in one basket.


  2. Diamond Grant

    I actually had a team member tell me that they benefited more from when I shared stories of my own failure than giving pointers and tips. I think sharing stories and teachable moments from your own life is more applicable. The lessons become more clear versus just telling them in a boring format. Plus, in my own life I have enjoyed an anecdote more than anything else.

  3. Diamond Grant

    The quote, “Never mistake activity for accomplishment,” is such a good one to share. I used to be of the thinking that something was better than nothing, but often times that is not the case. If what you are doing is not pushing you forward in some way, it is likely an absolute waste of time. Good reminder to ensure that our actions are productive and not just taking up time.

  4. Greg Boudonck

    Very good weekly wisdom post Chuck!

    While many may disagree with what you stated about just building a down line being risky, I will agree with you. It makes common sense to have other streams of income for that “just in case” scenario. I also concur about that “looking for that one person.” My thought is that even if you can get 10-20 mediocre people, you are doing well. Finding that one superstar may never come, so if you are just waiting for he/she, you may have a long wait.

    Thanks for this batch of wisdom nuggets Chuck. Have a great day.

    1. chuckholmes Post author

      Thanks, Greg.

      My advice to have multiple streams of income is for EVERY business owner and employee, regardless of their income.

      To me, the riskiest thing anyone can do is only have one source of income.


      1. Greg Boudonck

        You are so right! I also agree that every person should have multiple streams. I learned that long ago with my family members who are farmers. You will see some farmers who only grow corn, or beans, or just raise cattle, etc… I have often watch these people who specialize in one item only go bankrupt when the prices of that item drop. My Uncle (RIP) always was wise and when corn prices were low, he would just store it and sell the soybeans or cows. If you only deal in one product, you don’t have that option.


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