417: The Downside of Selling Products from Multiple Companies
Your Virtual Upline Podcast
Bob Heilig
4.9 • 1.7K Ratings
🗓️ 5 April 2024
⏱️ 20 minutes
🧾️ Download transcript
Summary
Today I want to talk about the downside of a trend that I've been seeing in the industry: selling products from multiple companies. People have been talking about and coaching others to take on additional products from other companies as a way to make more money, and although this may seem like an attractive option for you to consider, I want to present the downside to doing this.
Selling products from multiple companies is really a byproduct of the challenges that most people in this profession have faced when trying to grow their businesses. In this episode, I reveal how this path can lead to failure and give you a different perspective to consider!
Listen to Learn
2:46 - The alluring sales pitch for selling products from multiple companies
4:05 - What I mean when I say this is a short-term strategy but a long-term problem
5:54 - Why this system is attractive to some
8:37 - A special ask for you regarding how you can support this podcast and its message
10:05 - The single biggest reason why businesses and people fail and why it's important to be always be aware of this
11:26 - A closer look at how selling multiple products will to lead to failure for business owners plus a better strategy to be using instead
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Transcript
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| 0:00.0 | Hey Bob here and welcome back to the Your Virtual Upline Podcast where we give network marketers the mindset, strategies and skills that |
| 0:16.2 | you need to build a business and life of your dreams. |
| 0:20.9 | Hey Bob here welcome back to the show episode 417. Today I want to talk to you |
| 0:30.1 | about the downside of a trend that I see happening a lot today in our profession, |
| 0:38.4 | something being promoted quite a bit, and it's this idea of selling products for more than one company. |
| 0:47.5 | So taking on additional products from other companies as a way to potentially make more money. |
| 0:54.8 | And so I want to talk about this and I want to share my opinions and I will just tell you |
| 1:00.7 | up front I am very much against doing this and I'm not saying |
| 1:05.8 | that meaning that this applies to every single person but I think after you hear my |
| 1:09.9 | argument the vast majority of you that are considering this I think you may rethink |
| 1:17.3 | that decision after this episode so I'm just gonna put that out there but why is this Well, it's really a byproduct of the challenges that most people in this profession have faced in growing their business over the last year or so, right? |
| 1:34.3 | I see some really alarming and concerning things. |
| 1:37.5 | I see people talking about that, you know, you can't build a team anymore, that building a team in |
| 1:42.2 | 2024 is impossible, which by the way is |
| 1:44.5 | total BS and I'm going to do an episode on this in the next couple of weeks so |
| 1:48.6 | we'll just put a pin in that but then I also see there's this kind of people |
| 1:52.3 | are promoting being a multi passionate entrepreneur. |
| 1:56.3 | You know, why would you want to limit yourself to just one product? |
| 1:59.4 | You are the brand, right? |
| 2:01.2 | You hear things like, the average millionaire has seven streams of income. |
| 2:05.4 | I always laughed at that one, right? And that you should you should do that if your |
| 2:09.6 | passion is taking you in that direction. And so there's this increasing trend |
... |
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