What is a MLM Expert?
I define a MLM Expert as someone with extensive experience and knowledge in the network marketing industry.
They’ve been around the block, know what they are doing and know how to be successful.
In essence, there are two distinct ways to become a MLM Expert.
First and foremost, you can work as a distributor for a few years and build a successful network marketing business of your own.
You can learn the ropes through trial and error, and real world experience.
This is the best way to become a MLM Expert as I see it.
I like to call this “hands on, practical knowledge.”
Your other option is to “study” the industry, reading all the books, eBooks, and training courses you can find, for several years.
I like to refer to this as “book knowledge.”
The greatest difference between these two types of experts is that one person learned by doing and has practical knowledge, while the other person studied the information and has the “theoretical” knowledge.
Personally, I’d rather learn from the person with the hands on experience, rather than the theoretical knowledge.
After all, the world is filled with people with book smarts, but few of these people ever apply this knowledge and achieve great results.
I like to think of the college professor teaching “business” who has never owned a business before, never ran a business, and couldn’t make it in the real world if he tried (so he became a professor).
If you are trying to become a MLM Expert, you can follow either of the two methods mentioned above.
Ideally, I think you should combine both methods.
When you use both methods, you will really have “complete” knowledge about the subject.
Other posts you may enjoy:
- Start Your Own MLM Company: Should You Do It?
- New MLM Companies You Should Be Aware Of
- Top 10 Tips for MLM Beginners
- Investing in Your Own MLM Business: What You Should Know
I truly believe that anyone can become a MLM expert if they are willing to invest about 10,000 hours to learn everything they can about the industry.
This is known as the 10,000 hour rule, which states that it takes about 10,000 hours to become an expert at anything.
Depending upon whether you are building the business full-time or part-time, this could take you anywhere from five to twenty years.
Here are a Few Real World MLM Experts that I study.
10 Tips to Become a MLM Expert
What I want to do in this section is share with you what you should do if you want to become a MLM Expert.
1. Read a book a week about network marketing.
Make a commitment to spend at least 20 to 30 minutes every single day, seven days a week, to read a book about the industry.
If you read a book a week, you would read 52 books in a year and more than 500 network marketing books in 10 years.
Think of all the knowledge you would develop if you did that!
2. Attend three to five seminars per year.
Try to attend a seminar or event every 90 days, or minimum three times per year.
Go to all of your local, regional and national events that your company offers.
Find “generic” training events in your local or regional area and attend those events as well.
3. Listen to one audio programs per day.
Last time I checked the radio never paid you a penny to listen to it.
If you commute an hour a day, you could listen to hundreds of tapes a year while you drive to and from work!
4. Start a blog about network marketing.
Blogging is here to stay.
What I love about blogging is that you can share what you know, you can build a community online, you can grow your business online and create multiple streams of income.
In addition, I believe that by having your own blog you are forced to learn and research things, in order to write about them.
5. Sponsor new people into your business every month.
You should ALWAYS be out in the trenches and lead by example.
Make it a point to sponsor at least 2 people a month, every month, no matter what.
6. Experiment with different types of advertising and lead generation.
Another smart thing to do is try out different advertising strategies.
Find different ways to generate leads.
Find out what works well and what is a waste of time.
Keep track of what’s working and share what you learn with your team.
7. Host training for your team (calls, live events and webinars).
Try to do at least one training call a week for your team.
Do some of the training yourself and also give other people the opportunity to teach what they know.
You should also listen to your upline’s call whenever possible.
Attend events at least once a month, watch a webinar every month, and listen in on two to three calls per week.
8. Rub elbows with successful distributors inside and outside of your company.
One of the best things you can do is find a mentor in your upline and join or develop your own mastermind group.
Get around other movers and shakers in your organization.
Share what’s working in the business and help each other achieve success.
9. Write about the industry.
Back in the day, I hated writing.
During the past few years I’ve learned that writing is a great way to learn new skills and share what you know.
I’ve committed to writing at least one article a day about network marketing.
This has influenced me to do lots of research, all which helped me learn new skills.
10. Create your own network marketing training programs.
As you learn new skills, consider creating your own training programs.
Whenever I create a program I share what I know and I do lots of research to learn new skills to talk about on the program.
You can sell these programs for a profit and you can give/share them with your team.
***** Once again, these are just 10 simple things you can do to become an MLM Expert within a few short years.
It’s also important to remember that experts always make more money than amateurs.
So, if you are really serious about this industry, you should commit a few years of your life to learn everything you can about our industry.
The rewards will be worth the sacrifice.
In summary, a MLM Expert is someone with extensive knowledge about the network marketing industry.
All experts acquire their knowledge one of two ways.
They either become experts by doing the hands on work, or they spend their time developing theoretical knowledge by studying the industry.
If you want to make the big bucks in our industry, you should do a combination of both methods (but focus on the hands on).
What are your thoughts?
Who are your favorite MLM Experts?
Leave a comment below and let us know.
I look forward to hearing from you.
Have a great day.