• Business and Finance
• Family
• Computers and Internet
• Auto and Trucks
• Education
• Health
• Hobbies
• Home Improvement
• Legal
• Marketing

• Home
• Arthur's Articles Home
• Browse Categories
• Browse Authors
• Submit an Article
• Search for Articles

Home » Marketing Articles » I Will Never Quit My Mlm Maybe You Should

I Will Never Quit My MLM - Maybe You Should!

First let me say that an "I will never quit" attitude is absolutely positively mandatory if you ever expect to make it in the Network Marketing industry. So don't just look at the title of this article and say Dale Calvert is telling people to quit MLM!

What I am going to attempt to communicate in this article is a very subtle reality, but a reality you must deal with.

For years we taught people to "Get in, Stay in, and Plug in" and success would eventually come your way. All MLM Gurus are constantly reminding their team to "Never Quit". The question is; are they saying "Never Quit" to preserve their residual check or to insure your success?

Let me say that again. Are they saying "Never Quit" to preserve their residual check, or to insure your success? I believe in your heart of hearts, you know the answer and their intentions.

Before I go any further let me say one more time:

An "I will never quit" attitude is absolutely positively mandatory if you ever expect to make it in the Network Marketing industry!

I can hear some of you thinking, Dale what are you trying to say? As I mentioned earlier, for years we pounded our organization with the phrase "Get in, Stay in and Plug in" not "Get in and Stay In" & not constantly telling them to "Never Quit"

You may be thinking, what's the big deal, or what's the difference? The subtle difference is something you must recognize and could be the difference between success and failure for you within this industry.

The words Plug in, implies that there is a system, a path to follow, that will ultimately lead to success. You see just signing an application, ordering your monthly auto ship and attending all training functions WILL NOT CREATE SUCCESS as many upline gurus wish for you to believe.

If they don't have a PROVEN, Duplicatable system that can be done by the masses, that you are able to plug in to, learn, grow, develop and move forward, then you are basically wasting your time. You probably should quit and find an upline with a PROVEN System you can follow.

Has your upline provided you with proven prospecting and recruiting tools? Direct mail letters, sample newspaper ads, postcards, etc.

Do they have a simple Step 1-2-3 system to start your new people off right?

Do they have custom recognition programs for you and your team?

I could go on and on, but you get the idea.

The industry is full of gurus who built their business on their own personality and work ethic and not with proven systems that can be duplicated by their team. See the difference?

These types of so called leaders many times are more interested in developing loyal followers than they are new leaders within their organization.

They are constantly reminding their team that only losers quit, and shun anyone who questions their training methods, or lack their of. There solution to every challenge is work harder or talk to more people, yet they have no proven systems to help you get in front of more people.

Many good people get caught up in the rah rah social aspects of this business and end up blindly following a personality leader with a "need to be worshipped" complex.

One of the most important keys for success in this industry is to PLUG IN to a proven system that is creating leaders. The right upline, with the right training systems in place is vital to your success. Unfortunately many times we are in too deep before we realize that the proven path simply isn't anywhere to be found. When that reality hits you, it may be in your best interest to quit your MLM and find an upline with a system that can take you where you deserve to go.

For more information on this theme I have 2 resources that may help you, the first is our book MLM Insight available at http://www.MLMBombShells.com and the 2nd is a DVD titled "Let's get Real" where I address a group of about 5,000 distributors on this subject at a national convention. The DVD is $17.00 and is only available at this time by sending payment to DTCalvert@aol.com via paypal with your request for the "Let's get Real" DVD.

And here is another random article you might be interested in...

Good Stock Market Tip; Good Return!

Forget making a profit; instead focus on the income provided from your stock portfolio. That's right! Forget making a profit. The burden is now lifted - no more pressure on making a buck in the stock market. (Instead of trying to bend the spoon, that is impossible, instead just think of the spoon as â€" omigosh! - I'm in the Matrix!) When you focus on the amount of money your holdings are providing in dividends â€" and when those companies selected have a history of raising their dividends each year â€" a lower stock price allows the dividends that are being rolled back into the stock to accelerate your income. The total value of your portfolio may go lower, but your income from that lower priced portfolio would increase dramatically. Profit by income!

To demonstrate this tip, I'm going to take you back in time, but the strategy of that time is just as viable today, as it was in the past. The year is 1990, the stock for the demonstration is Comerica, and the amount of money invested was $3,333.34. Comerica (CMA) was selected for one simple reason â€" in 1990 CMA had a historical record of raising their dividend for the past 21 years. Today's CMA has a 36 year history of raising their dividend every year.

In January 1990 Comerica was selling at $48.38 a share, paid a quarterly dividend of 65 cents a share, with a dividend yield of 5.37% (.65 divided by 48.38 x 4 x 100 = 5.37%). The result of just holding this stock through the years, never taking a profit, and simply having the dividends reinvested each quarter (commission-free) back into the stock is chronicled below: These are the actual returns based on the closing prices of the stock on the company's dividend payout date (the date a company purchases their stock on the open market for investors enrolled in their stock dividend reinvestment plan; The figures were taken from the research I did, and is from an excerpt from my book The Stockopoly Plan â€" Investing for Retirement.)

Comerica: (with the dividend each quarter rolled back into the stock) $3,333.34 into CMA in January, 1990 at $48.38 a share: Shares purchased, 68.90 shares.

Total Amount of shares at the end of 1990: 72.92 shares.

Total Amount of shares at the end of 1991: 115.01 shares.

Total Amount of shares at the end of 1992: 118.85 shares.

Total Amount of shares at the end of 1993: 245.78 shares.

Total Amount of shares at the end of 1994: 256.96 shares.

Total Amount of shares at the end of 1995: 268.78 shares.

Total Amount of shares at the end of 1996: 277.83 shares.

Total Amount of shares at the end of 1997: 285.32 shares.

Total Amount of shares at the end of 1998: 436.65 shares.

Total Amount of shares at the end of 1999: 446.04 shares.

Total Amount of shares at the end of 2000: 463.82 shares.

Total Amount of shares at the end of 2001: 474.47 shares.

Total Amount of shares at the end of 2002: 490.23 shares.

Total Amount of shares at the end of 2003: 512.60 shares.

Total Amount of shares as of April 1, 2004: 522.23 shares.

On April 1, 2004 Comerica closed at $54.65, for the total market value of $28,539.87 for 522.23 shares of stock. To put the total $28,539.87 into perspective, an interest rate of 15 percent a year on $3,333.34, compounded annually for fourteen and a quarter years would return $28,282.15.

Since this excerpt from my book Comerica has raised their dividend again, from 52 cents a share per quarter, to the current 55 cents a share per quarter, payable to shareholders of record on March 15, 2005.

I own Comerica stock and I have no intention of ever taking a profit! I will continue being a buyer, as long as the company continues its program of raising their dividend every year.

However, I also understand that in the stock market there are no guarantees! It is for this reason and this reason alone, that diversity is a necessity. If I knew for certain that CMA would continue its program of raising their dividend every year, and that the next 14 years would provide better than 15 percent return on my money, I would only own CMA stock. It is because of this 'risk of no guarantees' in the stock market that the rewards for investing in the stock market are much higher than a passbook savings account, CD's or Bonds.

So, to beat the 'risk of no guarantees', and to reap the benefits of a better return, I diversify into other companies with the same historical performance. Through a systematic approach of dollar-cost averaging into my stock positions every quarter, along with my quarterly dividend reinvestment, I increase the amount of dividends paid to me each quarter, from every company that I own. My measurement for success in the stock market is not measured by the amount my portfolio is worth. It is measured by the amount of ever-increasing cash dividends received from every stock that I own. As a matter of fact, when my portfolio dips in net-worth, my dividend income accelerates. The reason for this is simple. The lower my port- folio's net-worth, the higher the dividend yields of the stocks in my portfolio.

All my personal holdings in the stock market have the same basic theme. They are all purchased commission-free, have a long-term history of raising their dividend every year, and are purchased with the intent of supplying ever-increasing dividend income for my retirement years. The Stockopoly Plan was written with this purpose or goal in mind. The Plan itself uses a timing approach for purchases of more shares each quarter, along with the dividend reinvestments.

For more excerpts from the book 'The Stockopoly Plan â€" Investing for Retirement' visit: http://www.thestockopolyplan.com

You have permission to this article either electronically or in print as long as the author bylines are included, with a live link and the article is not changed in any way (typos excluded). Please provide a courtesy e-mail to charles@thestockopolyplan.com telling where the article was published. (Word Count 1000)