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by Ted Nuyten on March 18, 2010
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Tagged as: iLearningGlobal, MLM, terminations
Previous post: Business For Home Newsletter March 2010 Top Opportunities
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{ 13 comments… read them below or add one }
Total bummer. I got started w/ Success University about 2 years ago because I LOVE personal development, and it had an mlm structure. It “merged” with World Ventures and totally changed their offers (not to mention it was in direct competition w/ my primary highticket TRAVEL biz op!!)
Alot of people from SU went over to iLG. And now THAT is gone! OMG!
Seriously, people really need to grow THEIR OWN BRAND (You Inc.) and not worry about growing an mlm/direct sales company as much.
All the best,
Adam Holland
Yeah, this is crazy. Believe it or not, I just got started with them yesterday and now this. I think it decision to be not responsible to not let anyone know that this was going to happen.
I just think that personal development has taken a back seat here in America. People just don’t want to spend money on learning.
I am a personal development coach and speaker and I see business going down hill instead of uphill. I just don’t know what American business is doing today. This just boggles my mind.
I agree with you Adam. You have to do it on your own.
I am completely floored by the news. This happened to me a couple years ago and I lost I nice 4 figure monthly income. I really feel for those business owners.
Adam is right, you need to lead with YOU and not your business. Doing this makes the business much more fun!
Don – I really feel for you. Starting with the company yesterday. What a disapointment that must have been when you heard the news.
I have to agree with you, people would rather waste their money on Starbucks, then better themselves.
To Much Success,
Kim Tarr
I totally see why they did this. There is so much competition in the online self-development and learning realm. What an awful hit for the distributors though.
Wow – I knew some people betting the farm on i Learning Global. But, if you think about it… personal development is the last thing people work on in network marketing / MLM, but has to be / needs to be the first in order to succeed in network marketing / MLM. To bad – so sad, and a slap in the face for MLM and shame on the so called “leaders in the personal development industry” that were doing everything pro-bono. Ah…I don’t think so.
Oh No! that is not fair, after all the hard work, it went down the drain. Don’t feel sad and bad, keep going and keep doing. There are so many MLM companies in the world. All the Best to disappointed Distributors.
I made that decision too Adam after looking at all the companies that fail over time. There is no security other than the network of people you work with. Your network of people will remain intact even as companies come and go.
My take on this…
http://www.masterytv.com/uncategorized/ilearningglobal-sheds-distributors/
It happens… it didn’t have to… but it happens.
Tom
I think personal development provides very vague instructions in terms of improving someone lives. Personal development is for somebody who is isolated from the crowd or not getting the desired support from their friends or family.
As an entrepreneur or in sales business, you need some positive feed back to keep your self motivated when you are not getting the results.
Reading or listening to self improvement material will keep your morale high but this will not teach you the skills that you need in achieving the success that you are looking for
I am sure inventor of the light bulb Thomas Edison did not spend most of his time reading personal training material while his experiments were not successful.
Hi,Iam nop connected with ILearning Global but after fifteen years in the MLMindustry I have watched many big names have their pay structure destroyed and closed their doors due to market forces, telecoms, education and others where technological advances have whittled away margins and increased competion. Every time this happens more good people are left feeling the MLM model has failed them whereas it was the product that failed not the model.
MLM is vehicle for the ambitious to build an organisation which itself becomes the entity My advice has allways been to select a Company whose only distribution modelis via MLM has a consumable product which brings value to the lives of the end user, has a good repeat order potential and to use that to create an organisation buiult many through personal relationships with their leaders. By marketing yourself first and then the product or service you create the bond of loyalty which the real security. I’m sad to see ILearning go and hope the true networkers find a suitable programme soon.
John is right, to be successful, an MLM company must have a quality, consumable product that people WANT to keep using. Another thing to consider is the company’s history… joining a company that has been in business less than a couple of years is extremely risky since very few survive that long. For the most success, join a successful, financially secure company that still has room for major growth.
I too am sad to see iLearning go along with success university last year who decided to switch to travel and in my opinion destroy the credibility of the leadership. When su changed I was fortunate to find a very solid and ethical Company who have been established many years now in the same market arena. It features most of the trainers such as Brian Tracy,Robert Kyosaki, Allan Pease etc. In fact I really believe it was their success that led to iLearning’s formation.
Just like the tortoise and the hare they are still growing strong but their launch into Europe and the States coincided with that of iLearning. So for all those disenchanted souls out there we have a real home for you. I invite you to investigate http://www.skyquestcom.com/europe . I think you will really like what you find and if you would like to be part of the new global expansion team I would be happy to work with you.
My advice to all that are involved in a network marketing company is to continue to work on YOU. Dont get caught up in how wonderful a product or service is because this is what happens when you do. Always BYB (Build Your Brand) and if/when this happens, you can move on with no problem.