One of the most powerful and lesser known benefits of network marketing is that it teaches us life skills and success principles most of us were never exposed to through traditional education.
Being involved in a business that forces us to continuously work on ourselves and become better in every aspect of our lives has an inevitable e effect on those around us, including our children.
Back in 2011, we dedicated an issue of Networking Times to this topic and asked 12 kids, “What was it like to grow up in a network marketing household?” You can read their answers in the Our Times column, but here are some highlights of what they learned at an early age:
- Be careful who you hang out with
- Feed your mind with positive information and you will reach your dreams
- Reach outside your comfort zone and don’t care what other people think
- There is no such thing as failure, only learning experiences
- Get in touch with your why and you can conquer any challenge.
Young people face many challenges in today’s global economy, from rampant unemployment to mushrooming government deficits and pressing environmental issues…
In America, this is the first time we see a generation of young adults whose financial future looks less promising than it did for their parents at the same age. According to a recent survey, many baby boomers say they don’t plan on leaving their children an inheritance, because they feel wrung dry by the sacrifices they made paying for their children’s upbringing and education.
In the network marketing community, however, parents are keen on building a financial foundation and legacy for their children that will last for generations. Besides the financial security their business may provide, many also point out the powerful positive impact it has made on their children’s development.In network marketing parents are keen on building a financial foundation for kids that will… Click To Tweet
When children who grew up in network marketing households all over the world shared their experiences, their answers were profound, touching, hopeful, and inspiring. As varied as the lessons these kids wrote about were, there was one overarching quality present in all their answers: every single one of them felt grateful for the blessings they received and empowered by their parents’ examples.
In traditional business, it’s often said that “wealth skips a generation” because the wealthy tend to spoil their kids, who develop an entitlement mentality that eventually depletes all their resources. When they in turn have children, this next generation is again motivated and works hard to lift themselves out of poverty, but wanting to make sure their children won’t have to go through the same hardships, they shield their offspring from adversity… and the cycle starts all over again.
What if we could break this cycle and raise a generation of confident, resilient adults who, no matter what their financial situations, learned to choose contribution over entitlement, courage over fear, and gratitude over expectation?
Parents first and foremost want their children to be equipped to handle whatever life hands them. One of the most powerful and least mentioned benefits network marketing offers is how it teaches our children leadership and success principles they don’t learn in school.Parents first and foremost want their children to be equipped to handle whatever life hands… Click To Tweet
Next time you need a lift or have your doubts about the impact you are making, ask your children what they’ve learned from seeing you build your business. Or simply look at their attitudes and behaviors in the face of challenges. You may be surprised at what they tell you or what they’ve learned by osmosis.
BONUS! Here are 3 quick tips for raising resilient, grateful, happy kids who are more likely to grow into confident, entrepreneurial, and well-rounded adults.
- Make sure your kids read every day. For even better results, ask them to write a one-page summary about what they read that day and go over it with them.
- Apply the Law of Association. Parents who do not monitor and control who their kids associate with are not doing their job as parents. Mentors can be good or bad. As a parent, you need to ensure your kids are being mentored by good role models.
- Impose the one-hour rule. Are your kids spending more than an hour a day watching TV, on the Internet, or playing video games? If you don’t know the answer to that question, then you are not doing your job as a parent.
Kids are always watching their parents and mirroring their habits, behaviors, choices, and thinking. Make sure yours are what you want them to duplicate!Kids are always watching their parents and mirroring their habits, behaviors, choices, and… Click To Tweet
Dr. Josephine Gross is Cofounder and Editor in Chief of Networking Times. Originally from Belgium, she came to the U.S. to complete her Ph.D. at Stanford University. Together with her husband Chris, she founded Networking Times in 2001. Josephine interviews top income earners from all over the world, asking them exactly how they built their businesses so readers can instantly benefit and shorten their learning curve to achieve success.