MLM Company Closed! OMG What Do I Do???

1. Don’t Panic! – That’s like saying “don’t look down” to someone that’s hanging off of a cliff without a safety rope. But seriously. This isn’t the end of the world. What would you do if you lost your job? I’ve lost my job before. Ford decided to close some of it’s smaller dealerships and I was out of a job because the owner took a buy out…. I was a lil pissed and depressed for awhile. But I knew the situation wouldn’t last forever. In fact, it was the best thing that ever happened to me. I found network marketing.

2. Contact Your Team – On March 17th 2010 iLearningGlobal discontinued the network marketing model and was no longer going to pay it’s marketers to promote the company. I was one of their marketers…. I was kinda pissed about it. But instead of pouting and quitting MLM I hopped on a conference call with my team and we rallied together and made an educated decision on what to do next.

3. Make A Business Decision, Not An Emotional One. – People initially join MLM based on emotional reasons. They see it as their way out of the rat race, their way to get financial freedom, their way to quit their stupid job, their way to stay home with the family. Whatever their reason is, it’s based off of emotion. When your company closes it is the worst time to make an emotional decision. You already have an education on how this industry works. This is your opportunity to join the best company you possibly can.

4. Learn From It – There’s so many things to learn from this event that it would take too much to list so I’m picking 2 of them. 1st realize that this is why you do not want to be promoting your company. You want to be promoting yourself so that if your company pulls the plug your team will stick together. 2nd it’s important to have more than one source of income. This is why I’m a supporter of affiliate marketing. Affiliate commissions can be enough to maintain your lifestyle and be a back up income to allow you the time to make an educated business decision on which company to join.

I speak from experience on this subject. I’ve been through it before. Click Here for the story on how I handled it and what the process I went through afterwards was like.

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