Mike Dillard’s story starts like many others in the circle of MLM gurus: unhappy with his financial situation, he started network marketing. And failed. But within 6 years, he had built up an extremely successful online business and taught others to do the same.

Now, he teaches others how to realize the same success. But are his products worth the investment? Should new network marketers use his techniques, or search elsewhere?

Here’s an in-depth look at Mike Dillard’s history, and how you you can use his success to create your own.

The Beginning

As a waiter in Austin, Texas, Mike Dillard was unhappy. He started investing his time and money into network marketing, and struggled for about 6 years. He even sold some of his possessions and went into debt to continue searching for answers with network marketing. But once he figured out an effective system, he went from waiter to millionaire in 18 months.  This all happened by the time he was 28.

Now, Dillard owns several companies and has recently gotten into investing as well. Elevation Group is his newest venture, and it’s an investment portal for teaching others how to invest like the “ultra rich” and profit from wealth transfers.

Other companies of his include Magnetic Sponsoring, which essentially teaches new network marketers how to get leads for new prospects and customers in what he claims is a fool-proof way. With over 1 million subscribers to his video bootcamp, it’s certain that Dillard has to be doing something right.

Just the Facts

A few “quick tips” about him from his Magnetic Sponsoring platform: He gets more traffic than most Fortune 500 companies. He is the #1 distributor in his network marketing platform. He created a social network, BetterNetwork, that’s the industry’s largest. Magnetic Sponsoring has been the #1 information source since it’s debut 6 years ago.

Whether these facts are truth or stretched reality is debatable. But many people do use his system, and some find great success with it.

Of course, others don’t. And this is the problem with claiming absolutes about your products. There are certainly critics of Dillard’s system out there.

Using the Law of Attraction

A core principle in Magentic Sponsoring is the law of attraction. Dillard claims that without the confidence to achieve goals, they simply cannot be acheived. He is a big supporter of “believe it, and you can do it.”

This is certainly the truth, as reiterated by many in the network marketing industry, and many outside of it as well. Seeing success, planning for success, and knowing that success is there for you is a key step in attaining goals.

But the truth is that there’s more to achieving goals that envisioning them. It takes hard work. Time spent learning. Knowledge about your industry.

How To Succeed – With our Without Mike Dillard

In order to be a success like Mike Dillard, reps have to really invest time in learning. It took him 6 years to figure out exactly how to position himself with tools and techniques that he learned from various sources. The most important thing new reps can do is find information that they believe will get them from point A to point B in the least time-consuming way.

There is infinite information on the web, and no one “guru” is the absolute best. It’s all about finding what jives with your goals, and taking it all with a grain of salt.

Photo Credit: BetterNetworker