During the past 7 years of business, and certainly during the past year, one of my main goals has been to create passive income doing the things I love most. The challenge has been in figuring out exactly what that is (mom's voice rings in my ears of "jack of all trades, master of none"). Don't get me wrong, I've been focused for the past years on the same type of business for the most part...direct sales, personal development, financial education, etc. But it's been within the network marketing arena. And as I mentioned in the first sentence, I'm looking for PASSIVE income. I have found nothing passive about network marketing.
Now for those of you who enjoy network marketing, keep up the great work. It's always great to be around people who enjoy what they do. It's not that I didn't like it. I actually enjoyed it (at least the networking part, cause I LOVE talking). But after so long doing it, without having taken the time to create residual passive income, I just started getting burnt out.
I've got friends in the network marketing industry who seem to never burn out. Some do the direct sales thing, others stick with the Multi-Level Marketing, some do both. Many simply keep moving from one business opportunity to the next, never stopping long enough to see the numbers of people who are failing (no, that's not a typo for falling) behind them.
I've watched friends make millions of dollars in the industry, only to lose every bit of it and then some, simply because they didn't continually work on themselves and their own personal growth. I've watched many who never saw the success they were looking for, who got frustrated, angry, and resentful of the company and/or the industry in which they had planned their future on. And I have friends who have done very well, and continue to do well.
My point is, not every business is for every person. Take the lessons you learn from any and all of the things you do in life and learn from them. Learn to apply the stuff that works to your next endeavor. Learn to not make the same mistakes that you watch others make along the way. Keep learning and you keep growing. Keep growing and there's no chance of losing...no matter what type of business you choose to do.
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