Larry Thompson And His Original Millionaire Training
Larry Thompson and his wife Taylor have updated this classic training during the last 12 months.
They describe the lessons learned in 1981 as rich in strategy and psychology that taught average, everyday people how to participate and win as network marketers.
Regardless of the company you might represent or what you sell, Larry and Taylor describe it as the “briefcase of skills” that you have been seeking.
Who Is Larry Thompson?
Larry Thompson has been in the network marketing industry for 40+ years. He travelled with Jim Rohn for many years training and was a co founder of herbalife. This was a billion dollar company that Larry helped to grow.
Last week at Ray Higdon’s Top Earner Academy Live event we were introduced to Jeff Roberti who has made over 100million plus in the industry and he was trained by Larry Thompson.
In fact, Larry has helped to train many people who have gone on to become millionaires.
How Did I Meet Larry And Taylor Thompson
I met Larry and Taylor in Ray Higdon’s Top Earner Club. I have been a member for three years now and they joined early last year.
They are a wonderful couple who want to help as many people as they can to succeed in network marketing.
In late 2017 they created LT Wealth Builders Founding Alumni which I joined.
The original millionaire training is inside this amazing community. Today I wanted to share the highlights of what I have learned from it so far.
What I learned From Millionaire Training
The following is my interpretation of what I have learned so far in the training. The first video in the series tells Larry’s story and his journey in the industry to where he is today. Its fascinating to hear how he went to his first meeting and joined a company with the late Jim Rohn. Jim was an American entrepreneur, author and motivational speaker.
The second video had a big impact on me. Even though I had heard similar things trained by many others, including my coach and mentor, Ray Higdon, the way this was presented I heard it differently.
Here are some main points:
- Despite the emergence of the internet, social media, video etc. the concepts taught are as valid today as they were back then
- The philosophical and psychological approach is crucial no matter what tools you now have at your disposal.
The title of this training module is The Psychology Of Building An Organisation.
It begins with the idea of knowing that most people have issues with confidence, finance, spouse support and many other things. We have to know that it doesn’t matter what our personality is, we have to understand why we do what we do and why we say what we say.
PMA – Positive Mental Attitude is needed by all of us.
In Network Marketing it goes without saying that you have to master and market your products or service. The ONLY variable is YOU.
For things to change, YOU have to change. For things to get better, YOU have to get better.
Change can happen in ALL areas of your life. Improve and change one thing and you find your relationships improve, your attitude is more positive and you feel good inside.
Spend more time on YOU than on anything else.
Concepts Of How To Build An Organisation
You have to get to know the type of people to look for. However, there is one thing a lot of people have in common. They are dissatisfied with something in their life.
Its also worth bearing in mind that the people you may meet and recruit to your organisation will be in different groups – for example:-
5% Will go, do and say what you tell them
15%, Will do some of it
80% WON’T go, do and say.
Most people would like a few extra pounds/dollars a month for those things they cant afford. However, it doesn’t occur to most people they can do something about it.
When it comes down to it, prospecting is finding someone to talk to and understanding some of this is important in the way you actually speak to them.
A great many people are happy in their work. They might love their jobs and thats great. Not all are happy though and many would like a pay rise.
If we look at women and they want a career where do they go? What can they do that doesn’t interfere with their family life? Many women would prefer enough money so they don’t have to pay for day care, or money for their own independence.
Its worth noting that the network marketing profession does not differentiate between men and women and there are equal deals for women.
What about someone in a job they hate? Many will justify why they stay but if you met someone at 35 who felt this way, ask them would they still want to be doing it when they’re 65.
It was suggested that some people are just plain bored. If person is challenged in some way, there will be more important things to think about. Relationships improve, because their attitude is more positive.
Many are dissatisfied with the fun in their life or lack of.
People generally love to have fun. Its either part of your life or not part of your life.
If you meet people who are completely satisfied with everything in their life, you don’t really want them. You are looking for people who dissatisfied.
So when you’re asked to put together a list of names, put them in the categories mentioned above.
Who do you know in your life who is dissatisfied with their lot in life?
Is it friends, family, neighbours, club members etc?
Look out for them and think about what their dissatisfaction in life could be. These are the people you want to talk to about your product or service or opportunity.
What I have shared today is the tip of the iceberg really. There are 5 more videos to go through. I wanted to share this one as I found it impacted me greatly and I wanted it to impact you too.
If you noticed, all the things mentioned are those tapping into the psychology of people and using those concepts to inform your work.
Remember, take responsibility for where you aren’t and where you are.
The millionaire training was the foundation of Herbalife training in the 80’s and is still relevant today, whatever company you are with. I am not in Herbalife myself but the training is applicable to any company.
The next one is all about getting your attitude right and its called GOLD MINE ATTITUDE. I will look forward to this one because most of the coaching I provide is about our personal development and attitude.
If you want access to this training get in touch with Larry and Taylor Thompson by visiting Wealth Building Pro and take the course yourself. ( I am not an affiliate and wont earn anything by referring you).
If you enjoyed todays post Larry Thompson And His Original Millionaire Training, and got some value, feel free to share it around with anyone who might need it and I would love it if you left me a comment below.
Performance Coach, Entrepreneur and Author
Helping Women in Business To Climb The Ladder To Their Dreams
Email me at Lynda@lyndakennyonline.com