WHAT TO DO AS A DISTRIBUTOR INCASE YOUR COMPANY CRASHES IN THE FUTURE. - BUSINESS FROM HOME (+2347036959741)

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WHAT TO DO AS A DISTRIBUTOR INCASE YOUR COMPANY CRASHES IN THE FUTURE.




WHAT TO DO AS A DISTRIBUTOR INCASE YOUR MLM COMPANY CRASHES IN THE FUTURE.



If your company crashes tomorrow what will you do?


What if you woke up tomorrow to hear that your company has crumbled due to bad Management by your top executives?


Have you prepared yourself against this inevitability as far as network marketing is concerned?


Network marketing companies crashing is a normal thing in our industry. This is a situation where a company ceases to operate due to one problem or another.


Many networkers are aware of this situation but in most cases, they fail to prepare themselves for it.


Due to lack of preparation for situations like this, many networkers have been defeated in their network marketing adventure.


While this topic may be a negative topic to write about the reality is that it's inevitable in our industry most especially in my country Nigeria.


I have experienced several setbacks in my network marketing journey due to my company going out of business because of wrong decisions by the management.



There was a company that crashed after I had reached the highest rank. This was a traumatic experience but I was able to get right back to business because I understood what I'm about to share with you in this training.


I have experienced this more than once and it always happens when I least expected it.


The reality is all network marketing Companies have in one time in their business experienced some setbacks... 

Some go out of business due to this so it's advisable to know what you can do to prepare yourself in case something like this happens to you.



Below are some ideas you should start working on immediately.


Don't behave like most networkers that will wait until they experience a disaster before making plans on what to do. Rather, dig your well before you become thirsty.


Start working on these ideas after reading this post and you will never be bothered about your company crashing or not.




THINGS TO DO IN CASE YOUR NETWORK MARKETING COMPANY CRASHES IN THE FUTURE.



#1) CREATE ANOTHER SOURCE OF INCOME BY INVESTING IN SOMETHING ELSE: 


It's easy to keep thinking that the money you are enjoying now in your network marketing business will remain that way. 


You may even think that your earnings will only keep on increasing since many people are joining your team.


Yes, this would have been true only if your company is managed by God.


Since your company is managed by humans, you need to know that anything can happen.


Even while it looks like everything is stable, you must understand that nothing stays the same forever. So to be on the safer side you want to create another source of income that can keep running even if your company goes down.


On a side note: creating another source of income doesn't mean that you should be the one managing the business. 


Every venture requires a certain amount of skill don't manage a venture you know nothing about else you will lose your money.


If you must manage the new venture by yourself, then ensure to obtain adequate training on how it works. You can get a mentor or partner with someone who knows the venture very well.


Creating another source of income is one way you can prepare yourself in case Your Company crashes. As you earn from your company invest the money in another business.




#2) SAVINGS:


The savings I'm referring to here is a process of keeping your money with someone that will in turn return your money with interest after some time.


Different firms can help you do that.   Some insurance companies have very good policies.


You may want to research different unique platforms with good interest rates.


Saving your money for a reasonable number of years can fetch you a lot of money that might have not been possible. Also, by doing this you won't be stranded if your company goes out of business.




#3 BUILD YOUR FOLLOWERS


Network Marketing is also about personal branding. Prospects follow people, not Companies. 


It's easy for people to follow a great leader to a bad Company than to follow a naive networker to a great company.


Successful networkers know very well that building their brand is more advisable than branding your network marketing company this is why building your followers is important.


You never can tell what will happen to your company if you don't let people know where and how to connect with you mostly online while you are still with that company, you may not be able to influence them after the crash of your company because they won't be in your circle.


Let me tell you a story

In one of my businesses, I experienced this. If I didn't own many WhatsApp groups and a Facebook group for that business, I wouldn't have been able to inform my followers of the new business I was Promoting.


Though not everyone followed me to that new company a number of them joined me which was a great thing.


Without that, I would have started from scratch and they also would have missed working with me in the new company.


Building your followers is very essential in preparing yourself against any future trauma in your network marketing adventure.



#4) IDENTIFY YOUR NETWORK MARKETING CAREER.


Just as we have life careers, there are network marketing careers the reason is that network marketing is just like life.


The Network Marketing industry cuts across every aspect of life. This is why network marketing professionals seem to be multi-talented.


Personally, before I joined the network marketing Industry, I wasn't good at a lot of things.


I didn't know anything about blogging, lead generation, attraction marketing, motivation, inspiration, leadership, presentation, social media marketing, graphics design e.t.c


I wasn't good at doing any of these things but after a few years of staying in this industry, I've unconsciously learned all of them.


The truth is that if you are committed to building your network marketing business there's no way that you won't grow in different areas.


If you sat down to analyze yourself, you will be shocked at how many skills you've unconsciously picked up while trying to build your network marketing business.



It's advisable to identify one area in network marketing that you are passionate about and brand yourself with it.


This is what I mean...


Among all the things you have been doing in your network marketing business, pick one area and let other networkers know that you are good at doing that thing.


You want a situation where when they talk about for example; motivating networkers, they think of you.


You can decide to be known as


1) A networker that motivates 


2) Lead generation


3) Trainer on leadership


4) Trainer on team building


5) you can be known as an author in network marketing.


E.t.c.


If you should analyze yourself, you will discover an area in which you are very exceptional. 

Develop yourself more in that area and project yourself as a trainer. 


By doing this, not only will people want to associate with you, they will equally pay for your skills. Being good in a particular area in your network marketing journey will prevent you from being stranded if anything happens to your company.




In conclusion


Protecting yourself against any future problem engineered by your Management isn't negativity rather it's wisdom.


Your company is managed by humans and you never can tell when they will let their ego get in the way or you never know when they will make wrong decisions based on limited information or knowledge.


You've got to protect yourself from situations like this else it might be too late.


There are other things you can do to prepare yourself in case Your Company crashes in the future but these were the ones that came to mind while writing this article. 


If you act on them they will help a lot.


I hope the training was helpful. If yes kindly let me know in the comments section... 


Until you hear from me again, keep on attracting great things to yourself.

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