Posts Tagged ‘passion’

Are Conventions Key To Your Success?

October 30th, 2009 No comments

convention_09 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.

If you were to survey distributors and ask them to identify a single, defining point at which belief in their business venture became locked-in; more often than not they would point to their first convention. If you’ve not been to a convention this may be difficult to fully understand. If you’ve experienced a convention then you will certainly identify with what I’m talking about. Perhaps the reason this occurs is because it’s the first time most of us get to experience the full breadth and depth of the company. It becomes more than just words. You get to see, feel and touch so much of the business. It becomes real. A real part of you and your belief in what your business is all about.

One of the key factors in building a successful business is having an unquestioned belief in what you’re doing, the company you’ve invested in and the people you’re associated with. From personal experience, that is exactly what happened to me. Up to the point of attending my first convention I wasn’t sure that NSE was in fact a legitimate business. That the company behind the products was solid, or one that would be around for the long haul. In essence a company and business you could trust. One you could put complete confidence in so you never had to think twice about it ever again.

Conventions are like no other experience in our business. They give you the opportunity to spend intensive time with distributors from your team, from around your country and in this year’s case from around the world. You get to have face time with a wealth of leaders whom you might not otherwise ever get the chance to meet. Simply put, you get to spend time associating with the most successful people within NSE.

The spirit of convention is to learn as much as you can—getting an incredible infusion of knowledge. In fact, most new distributors come away having compressed their business learning curve by six months or more into a single weekend. I always come away with a wealth of fresh ideas, excitement and energy as well as a renewed sense of direction and purpose. The goal, of course, is then to return home and teach as many others as we can everything we learned.

The convention that just ended was like no other in our 12 years with NSE. I have never seen such enthusiasm and excitement. Products were literally flying off the shelves in an unbelievable frenzy clearly indicating that the environment and opportunity in front of us is unprecedented. Historically, the common denominator amongst those who achieve the greatest levels of success with NSE is that they always attend conventions. That piece of information alone is reason to never miss one—knowing that you can tip the success scale in your favor by simply being there. If you missed this convention, for whatever reason, make the commitment to yourself now to never, ever miss one again. I know I certainly won’t.

Creating a Lifestyle of Leverage

September 25th, 2009 3 comments

blackman_at_deskOne 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, I was reminded how success in our business relies to a great extent on understanding and mastering the power of leverage. Donald writes about leverageable assets each of us can build upon like contacts, passion, achievements, money, knowledge and skills. Everyone, regardless of background or experience, possesses at least two of these assets that can immediately be employed to move their business forward—contacts and passion.

Leveraging personal contacts is one of the first principles introduced when you started your NSE business. Although many new distributors don’t think of it in this way, this is why developing a list of your circle of influence is so important. These contacts provide instant, no cost leverage for you. With the advent of social media, leveraging contacts will take on new and expanded meaning—much of which we’re just beginning to understand.

And just as you leverage your contacts, you can leverage your passion—the driving force of why you started your business. Acting like a power source, passion will motivate you to go further and dig deeper than you normally would.

Are you currently using the power of leverage to achieve exponential results? One of the most attractive and powerful aspects of our business model is the ability to leverage the individual successes of a large group of people resulting in the generation of significant income. American business legend J. Paul Getty is known for stating that your goal should not be benefiting from 100% of your own efforts, but benefiting from 1% of 100 people’s efforts. Stop and think about that statement. If you are the only person contributing to your income, (which is the case for most people) what happens if you stop? With our business model that isn’t the case.

For example, if you have a group of 100 distributors each generating $500 that equals $50,000 group volume for the month. The NSE compensation plan pays you, at a minimum, $2,500. Duplicate this with as many breakaway executives as possible and you’ll be right in the middle of exponential growth for your organization and income. Now that’s leverage! It’s a beautiful concept, one that every distributor has the same opportunity to use and build upon.

So which one do you prefer: linear growth or exponential growth? Do you want your business to grow at the same rate month after month based solely on your efforts or do you want it to grow increasingly faster based on the efforts of your entire organization? I’d bet you prefer exponential growth. After all, it enables you to achieve more with less effort over time. And the more you use the power of leverage, the faster your progress will be.

Because leverage is so important you really want to make it a part of everything you do. Starting today, make it your goal to create a lifestyle of leverage!