iLearning Global Drops MLM – What To Learn From It
- Author Joe Barclay
- Published May 7, 2010
- Word count 341
iLearning Global was a network marketing company. It billed itself as a learning resource for entrepreneurs, business owners, and network marketers. The company seemed to be doing well. Many networkers became very successful in it.
On March 17, 2010, iLearning Global announced it was ending its network marketing model, feeling they could no longer be competitive. Long story short...they are out of network marketing. Many distributors are out of business.
Recently, other apparently successful MLM network marketing companies have done the same thing, usually without warning. You can count on more in the future.
While this is a tragedy for all distributors involved, some were much more able to weather the storm than others.
Old-school network marketers were hardest hit as they have spent their time promoting the company rather than themselves. They are about to lose their check and all of their hard work. They will have to start over from square one.
However, the smart networkers who use modern attraction marketing are much more able to weather the storm. They spent their time branding themselves as a leader, an expert, and the one you would want to be in business with. They have built a team of people who have joined to be in business with them rather than with the company. They control their database of team members and know how to use it.
I watched several who quickly and methodically moved their team to a new company and replaced their iLearning Global income in just days.
If you are currently in MLM, you need to be asking yourself these questions:
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What will I do if my company shuts down tomorrow?
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Have I demonstrated that I am a leader, an expert, and one who shares everything?
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Will my team follow me to another company?
We can all learn from the end of mlm in iLearning Global. Face the fact that your MLM may be next to pull the plug. The lesson to learn is that people don't join companies, people join people. Stop promoting your company. Start branding yourself.
Joe Barclay specializes in training others to quickly, easily create success online. Learn to master attraction marketing and be a top earner in your company by subscribing to Joe's free online MLM training.
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