Being An Entrepreneur Is Not About Conformity!
Absolute conformity seems to be a current hot topic among many NSE leaders these days. The chatter has gotten so loud in fact, that some are sending this message—if you don’t follow their particular system you will fail. You, like so many of us, probably chose to start your business specifically to get away from the herd mentality or perhaps being a slave to a job. In doing so we all freely elected to become entrepreneurs. We wanted more than simply generating an income stream to replace traditional employment. We were looking for rapid wealth creation and were willing to accept the high risks associated with such a venture. To think that if you don’t follow one person’s system means you are destined for failure is pure fallacy.
If there was only one way to do our business it would probably have been discovered and perfected long ago. And if that had happened, the opportunities which attracted us to this business in the first place, would have already dried up. It has always amazed me that some leaders are adamant that it is either their way or the highway when it comes to being successful. Please don’t confuse this with meaning you should ignore the training, mentoring and coaching available from leaders in your organization. (see my post Just Like Having A Set Of Training Wheels) I just believe blind conformity is almost never a good thing. It’s just like having a job, being told when to show up and told what to do.
If there were only one path to success where would new ideas come from? The best ideas, most likely, haven’t even been thought of yet. Compare that same thinking to past innovations. We used to only contact prospects by phone or in person. Should we have forgone email, auto-responders, or websites as additional tools to aid in business building? What about today’s social networking? Or what about Craig Bryson’s Vugrid technology that is going to again fundamentally change the way we do the business? The core of what we do to create a business network hasn’t changed during our 13 years and probably never will. That is simply to invite, present, enroll, train and duplicate the process as many times as required to help yourself and others in your organization reach their goals. Even as those fundamentals remain the same, the approaches and methods for how those steps are accomplished have and will continue to evolve.
One of our mentors, Dennis Clifton, compares following a leader or system to driving down a highway. You don’t want to stay constantly on the centerline or veer too far to the left or right. You do want to stay within the white line and the yellow line on your side of the road. This means you have the freedom to move around a bit, experimenting as you go, while still remaining true to the course you set and the guidance provided.
To be a truly successful entrepreneur, at some point you will have to become your own leader. Does this mean abandoning what you have learned or what your leadership is doing? Not necessarily. But it does mean that as you mature in your business you will naturally want to test new ideas and innovate.
Nu Skin’s CEO, Truman Hunt, recently commented—“I have come to believe that this business is truly the ultimate test of entrepreneurial desire, creativity, leadership, ambition, tenacity, and courage.” He went on to say —“You are truly the world’s most incredible entrepreneurs—leaders who laugh at rejection, overcome all odds, never surrender, and have fun while doing it.”
Does that sound like conformity to you?
Skating competition, commentator and 1984 Gold Medalist Scott Hamilton remarked that he had been a serial underachiever up to the time his mother died. That statement got me thinking. How many of us underachieve and never quite fulfill our potential?
You know American workers are in bad shape when a low-paying, no-benefits job is considered a sweet deal. This situation has been building for years and isn’t likely to improve anytime soon, if ever. The forecast for the next five to 10 years: more of the same, with paltry pay gains, worsening working conditions and little job security.
Have you ever found yourself wondering if what’s on the label of products you use or are considering buying are actually in the product? Most of us don’t have the time or inclination to verify this for the hundreds of products we use. As a result we have to trust what companies tell us is in fact true. Reality is, this is not always the case. While reading a recent Natural News Insider Alert I learned that a product I’ve used and enjoyed for years is a current example of the bait-and-switch tactics employed by some companies. The particular product I learned about is Silk Soy Milk which up until a few months ago was sold clearly marked as USDA certified organic. Then one day that labeling simply disappeared. What Dean Foods (owner of the Silk brand) chose to covertly do was to change from an organic product to a non-organic product without telling consumers. Whether this decision was based on the cost or availability of organic ingredients or a way to increase profits isn’t really clear. What is clear is that Dean Foods chose to make this change and hope that no one (even their retailers) would notice or care. (
Why is attending a company convention (whether global or regional) such a meaningful event for distributors? What do you reallygain from investing your time, energy and money? Every time I attend a Nu Skin convention I think back to my first one and the impact it had on my life and our business. At the time I wasn’t actively involved in our business and, quite frankly, was not 100% sold on the validity of Network Marketing. What I experienced during three short days in March of ‘98, however, would change my attitude and belief forever.
Over the last 20 years, while building two businesses (Nu Skin and an art gallery) I’ve had the good fortune to not only learn about but to develop the skills required to become a successful entrepreneur. For most distributors this is their first experience with owning a business and they always ask (rightfully so) what it takes to be successful. Unfortunately, there is no magic checklist. There are simply too many variables that can affect the outcome of any venture. What I have learned, through experience, is that there are certain key characteristics that will stack the odds in your favor of achieving both your personal and financial goals while developing your entrepreneurial skills.
You might find this to be a funny question. You might be thinking that you have no choice in who you are. I contend that each of us determines exactly who we are and where we end up in life. Certainly, we are affected by our circumstances, how we grew up and the people that we come in contact with. However, it is our choice as to what we allow to affect us and those choices that ultimately determine who we are and who we become.
One of the most powerful concepts developed by modern man is that of leverage. I’m talking about being able to do or accomplish more than you could possibly do or accomplish on your own. While reading a post by a young entrepreneur in Southeast Asia, (Donald Latumahina
It’s no secret that one of the keys to creating a long term residual income with our business rests in creating a base of customers who consume products. Have you stopped to really think about this concept and to realize how important the lifetime value of each customer is to you? (lifetime value equals the total amount a customer spends over the time they do business with you) Once you have an idea of what this number look like you’ll begin to realize what just a 5% to 10% increase in retention of customers means to your business.
If you’ve been following any of the activities of the Nu Leadership Network or the launch of 