I just watched a great interview of Nathan Ricks by Eric Worre. If you haven’t heard of Nathan, he is one of the leaders of this industry and has more than $40 million in earnings over the last 20 years to show for it. Here’s a quick rundown of some of the key points I picked up from the interview:
-Two most important qualities for success in this business: Stay focused and committed. You’ve got to be like a race horse with blinders on to avoid losing focus. Don’t look sideways for a year when you get started. If someone calls complaining after three months, they’ll probably hear the dial tone.
-You have to talk to enough people to find the one who at 12:00 (meaning ready to make a change/ready to join). Some people are going to be 3:00 or 6:00. You can’t change a person’s “time”.
- Nathan Ricks: You have to be ready to accept that people will quit. 50% of married people don’t stay committed to their marriage, so you can’t expect for everyone to stay committed to their business.
-How long do you want to keep leasing your life with a job?
- Start 4 groups and see what happens. Who is your hottest prospect out of these 4 groups? 1. Friends 2. Family 3. Business 4. Community
-You couldn’t afford to hire me, but I’ll go to work for you for if you are committed. I’ll match you energy for energy. If I’m not working to help you build your group, you count on the fact that I’m out working to help build your competition’s group.
- Two reasons that network marketing is the best industry:
1. It is completely efficient. The corporate world is filled with people who just collect a paycheck doing as little as they can do without contributing. In this industry you get paid for results.
2. You can give everyone the same exact opportunity to earn.
Hope you enjoy these gems from Nathan Ricks. You can check out the interview at Eric Worre’s Network Marketing Pro website.
To get the training you need to build a successful network marketing business in today’s marketplace, go here now for free access to my Attraction Marketing Manual.
May 11, 2010 at 7:56 am
Good points Rich. We know the failure rate is high so we should expect that percentage to be reflected in our own businesses too. Regardless of what we do people will still quit and all we can do is carry on trying to find the gold.
~Marcus
May 11, 2010 at 8:09 am
So true, Marcus. Thanks for stopping by.