From the Teach.Yoga Spring 2016 Session: On Abundance
A true pleasure to talk to one of my heroes, Kate Northrup, author of Money, A Love Story. She and I had a down to earth chat about our experience with network marketing; she’s with Usana, I’m with dōTERRA.
Both of us have spent years building our businesses (some years on and some years off), and together we’ve come up with a short list of best practices and awarenesses to keep close as you consider the potential of having a similar revenue stream for yourself.
Both of us were done trading hours for dollars, and we each realized it was time to earn money even when we weren’t working. We wanted financial freedom from debt, and to be more charitable. We began viewing ourselves as business owners, and taking our organizations seriously, focusing on our businesses for a few hours per day, and seeing results. As we talked, we realized that we’ve both put solid systems in place for training and supporting the folks that join our respective teams, and have similarly found profound satisfaction in the social aspect of this endeavour. The sharing of space, time, personal goals, and family has been deeply helpful to each of us in our own lives.
Before you listen to our talk, below, here’s a short list to keep in mind when you’re selecting and engaging with your own business.
1. Work with a company whose products you ALREADY love and use – or be certain to do your diligence on their products and services. Remember, there are great companies and ones that aren’t so great – so know the playing field and choose wisely.
2. Stay focused. When you’re working on your business, WORK ON YOUR BUSINESS. Focus on income-generating activities during your designated work time. Be self-motivated, but create a web of supportive people around you who know what you’re working on and respect your growing business.
3. Enjoy the connections, the social aspect, the feeling of family that’s possible through your business. Both Kate and I are experiencing this first hand, coming into fantastic friendships. Even as both of us get to do classes, appearances, teaching big groups can be interestingly isolating, so our teams have provided us with community, camaraderie and shared experience.
4. Introverts, you can do this. If you’re focused, steady, learning and educating on your products, you can and will reach folks in your area. Your sharing will have an impact. And as you grow, so will your confidence, and so will your business.
5. As you build, be aware of ways in which you might be unknowingly leaking energy. Work with people who make you feel grateful, stronger, supported, and appreciated. Take care of your energy carefully, and choose how you spend your time.
6. Learn how to duplicate what you’re doing. Both Kate and I have systems in place for duplicating what we do with our teams, which saves energy and creates a smooth journey from interest to involvement.
7. Remember, especially if your business is with products you’re already using, you may now buy your products and shift some of your expenses to business expenses for your taxes. Not all, but part of your expenses may now be business expenses, and it’s important to research and learn. This practical book helped me understand some of the specifics.
8. Finally, have fun. More than any other aspect, I’m enjoying using a completely different part of my brain in order to grow my business. From the organizational aspect to the managerial aspect, empowering other people to live more abundantly, with purpose and vision, is a great privilege.
Thank you Kate, as ever, for your time and heart on this talk.