Income is not the only measure of success in life, or in the MLM world. That’s a valuable lesson I learned from the MLM Legend himself, Holton Buggs. While income might be one important factor in how you measure your own success in your business, here are some other things worth considering.
- How many folks you helped and inspired – If you’ve inspired and helped others to start their own business and take control of their own life, what is that worth? I personally believe that if you’ve even helped one other person “realize their dream” or “start their entrepreneurial venture” you are successful.
- The skills you’ve developed – Network marketing is really the best business school out there (as I see it). You will get experience, working in the trenches, and develop skills in marketing, sales, advertising, leadership, motivation, communication and so much more. These skills will make you more marketable to your employer AND you can use them to launch other successful business ventures. I learned 100x more about business from network marketing than I ever did in college (and I have a Master’s Degree).
- The person you’ve become – Hands down the thing I am most grateful for from this industry is the personal development I have experienced. I am become a much better person. I have a better attitude. I have goals. I associate with other successful, like minded people. I’m happier. I smile more. I’m living my dream. No, I don’t say these things to brag. I just realize that 11 years in this industry CHANGED my life for the better. I no longer resemble the person I was when I joined the industry 11 years ago.
- The time you have – I’m fortunate to work from home and be my own boss. Not having to commute to work each day or have someone else tell me what to do, when to show up, or what to wear, is worth a lot of money to me. If you’ve been fortunate enough to go full-time in MLM, and take control of your life, that’s a huge success. Even if you just made enough money so your spouse could quit their job and stay home with the kids, that’s a huge success to me!
What do you think? Do you think your “personal income” is the most important measure of success in MLM? If so, why? If no, why not? Leave a comment and let me know what you think.