What Gen Y Can Teach Us About
MLM
Generation
Y.
They have lots
of labels. And many of them are anti-label, so be careful
how you use them. The Millennials . The Echo Boom. The Mega
Generation.
Whatever name
you choose to call them, get ready because they are sharp.
They are re-defining the "rules" and are going to find their
place on their own terms. They communicate well and have a
short attention span (not necessarily a bad thing). Smart
companies are clamoring to figure out how to market to them.
And, they are looking for something off the beaten
path.
As a parent, you might be shaking your head. As a business
person, you should be learning all you can about this group.
Educate yourself and you'll stop shaking your head once you
begin to understand this talented group who are everybody's
future.
They are
·
More afraid of being stuck at a desk for 45
years than taking the "risk" on a business of their own. In
fact, they are being hailed as the most entrepreneurial
generation yet
·
Well connected to their high school and college
friends. They are great communicators and use technology to
deliver their message to the masses in
seconds
·
Not afraid of technology and, in fact, require
it. They much prefer text messaging over
email.
·
Are socially conscious and responsible; show
them more than the money; show them a cause and a way to make a
difference
·
Interested in self development; mentoring and
love diversity
·
Spontaneous and quick decision makers. Don't
make a plan with them for next month; send them a text a few
hours before and event and they'll show up
·
Aware that we live in uncertain times and they
aren't waiting around for next year; next week or anything.
Show them results now!
Where have they been all of my life?
And, what can we, as network marketers, learn from this hip,
trendy, "right now" group that is poised to join our ranks in
droves? More than you might imagine so sit down; listen up and
let yourself be schooled on a few things that can transform
your business.
Gen Y, and specifically the current age group from 18-30 are
calling their own shots and moving to their own beat. They
resist many of the "old school" notions that their parents grew
up with such as – "Go to college; Get a job; Work hard; retire
in 45 years and then start living!" As a
parent, this may be hard for you to accept, but let's face it.
This concept is not working especially well for the
masses.
Gen Y is looking for more. That doesn't mean that they don't or
won't go to college, but corporate America holds no interest
for a large majority of this group. They watched the
Enron/WorldCom and other corporate scandals. They have lived
through their parent's downsizing; layoffs and constant stress
around a job and money.
Why settle for this when, for a very low investment and a
little technical knowledge about the Internet, one can start a
virtual business that operates worldwide 24/7? No boss, no
alarm clock, no suits. Oh, and tattoos and a little body
piercing aren't going to ruffle any feathers!
They are looking for more than a paycheck. They aren't afraid
of working, but why shouldn't work be fun? And why shouldn't
their friends be part of it? And what is the point of an
office, anyway? Why not work from anywhere?
The large majority of Gen Y is still in touch with their high
school and college friends thanks to social networks online
such as FaceBook, YouTube and MySpace. Text messaging helps as
well.
They can spread the word about any new venture they might find
fun, appealing and profitable in a matter of minutes. When was
the last time that happened in your network marketing
business?
Gen Y considers technology their third arm. This means that the
local Starbuck's can actually be superior than a home office or
a cubicle somewhere. With internet access and a Facebook page,
they are open for business. We could all benefit from the
portable office concept.
After all, how many times have you been interrupted by well
meaning friends and family members who think that because you
work from home, you are accessible at any hour?
I personally utilize my Starbucks office at least twice a week
for serious focus time and to get away from email; laundry; the
phone and doorbell. Give it a try and see if you don't get a
lot more accomplished.
Because they are such a socially conscious and responsible
generation, be prepared to show more than just the money. They
demand eco-friendly products; companies with a mission and
something that creates fun and lifestyle. Show them something
simple; something to get passionate about; something fun that
will create an income that allows them to enjoy life
now and not wait for
retirement. Then, get out of the way.
Spend some time learning what the values are of Gen Y and why
these things matter to them. Understand their values, then link
your opportunity to their values and you have a home
run.
Gen Y has been a very experimental group and love diversity.
Where generations before them stuck to the mainstream and
didn't want to be "different", this generation is about being
unique and accepting others at face value without worrying
about everyone being little clones. They are very individual
and aren't interested in "duplicable systems" as much as they
want proven principles. Being "indie" is widely accepted and
valued.
So, what does this mean for you and your network marketing
business?
If the Fortune 500 companies are paying attention, you should
be, too.
One or two Gen Y leaders in your business might change your
business attitude as well. Let me explain.
First of all, they are smart and creative. Give them the
business basics and then turn them loose to build their own
network. Don't even think about the Tuesday night local
meeting. Ain't gonna happen.
Don't overload them with emails (which they rarely check) and
don't try to conform them into traditional network marketing
concepts such as "make a list." They have a list and it resides
at MySpace.com, FaceBook.com or YouTube.com and they already
know how to approach that list.
Don't worry if they don't need you for 3 way calls; showing the
plan; or motivating their group. It's nothing personal. They
have it wired already.
Where are you going to find this target market? Well, not on
your list, most likely; nor through ads or mall walking. Your
best bet is to tap into the power of technology and get
yourself a Facebook and a MySpace profile and begin to network.
Don't go in blasting your opportunity, but instead take a
sincere interest in building relationships and getting to know
this intriguing group.
They know how to check you out and check your business out as
well. Most likely, they'll let you know that they have an
interest. Keep is simple and say very little. They will find
what they need to know online and might even sign up without so
much as an email or phone conversation.
Relax, have some fun and "Chillax." Embrace this new way of
having fun and building a business. This could be the best
thing that ever happened to you, your business and Network
Marketing as a whole.
I don't know about you, but I'm off to meet some new friends on
Facebook or MySpace. I hope to see you there. This is one trend
you don't want to miss.
Jackie
Ulmer has worked from home for over fifteen years,
coaching and training thousands on the secrets to success
in a home business. Contact her through her website
at http://www.streetsmartwealth.com
and sign up for
her newsletter and learn what it takes to "Profit in Your
PJs, Online!"
|