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Dexter Yager, Amway = Network Marketing God and Billionaire!
Dexter Yager is not only an Amway legend, but an early pioneer of network marketing success. He built his team decades ago and still makes ridiculous amounts of money today.
Here are some of the Dexter Yager Amway figures. His personal team is 4 million people. That’s bigger than most network marketing companies out there! His team makes $2,000,000,000 in annual revenue…not bad, huh? I’d say he’s made some money!
He is rumored to earn hundreds of millions a year!
Because he built his team mostly in the 1960s, he used all the old school network marketing tactics. He used strategies such as home meetings, hotel meetings, lunches, and other types of presentations.
Dexter Yager Amway used all these techniques to perfection, and he is one of the richest men in America because of it.
Of course, this begs the question… should you market like Dexter Yager did Amway? Its results are hard to argue with, but let me try for a minute.
There are now about 10,000,000 MLM distributors in the United States alone. Doing some rough math, that equates to about 1 in 30 people nationwide (even outside the US network marketing is becoming quite common). Everyone already knows someone who is an MLM business. They have already been invited to house meetings and such.
In the late 60s it was easier to announce that you had a business proposal and invite your friends. now? Everyone is worried about it being another MLM business pitch!
So what do you do now? Well, we have this little invention called the Internet. You can take advantage of the internet to show your business to thousands of people every day if you want to.
But how is this different from inviting people to home gatherings?
On the Internet you can target who you want to expose your business to. Let’s say you can introduce a couple of hundred people a day who Google “Home Business”. Are these some highly targeted prospects?
In conclusion, Dexter Yager Amway used techniques that are now outdated, while the Internet is now the new frontier for network marketing.
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