iLearning Global was “it”.  Why?  Because the product was unique, the retention rate was high and the compensation plan was unmatched.  So why is it no longer operating under the MLM model?  We are told it is because it wasn’t growing fast enough.  The technology was no longer “unique” and the price had to be lowered in order to remain competitive.

Is it still a great product?  ABSOLUTELY!!  But what did this teach me about network marketing companies?

The first two years are CRITICAL!  Typically, it is unadvisable to get involved in an MLM during its first 2 years because this is when most MLMs fail.  iLG had their hard launch in March 2009.  It barely made it through its first year.  However, your best shot at the “gold,” so to speak, is during the first two years of an MLMs hard launch.  Getting in ground floor increases the income potential.  But it’s still a crap shoot.  And it’s why I agree with those who say you have a better shot at hitting it big in Vegas than you do in MLM.  And yet, as I say this, I can’t help but be disappointed in myself for having what appears to be a defeatist attitude.

A few days ago, I was convinced that iLG was my ticket to financial freedom.  It was my ticket to lifetime residual income.  It isn’t.  I am the ticket to my financial freedom.  You are the ticket to yours.  All wealthy people have multiple income streams.  And all wealthy people adapt with the changing economy.  They don’t perceive problems as obstacles.  They perceive them as challenges.  I don’t know what the next step is but I do know my dream is still alive…to make a six figure income with a successful at-home business working 20 hours a week.

Have a prosperous day!

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