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Special episode and the lessons we can learn from the recent Modere Closing and the future of network marketing.
Episode OverviewIn this episode, I dive deep into the recent shocking news of Modere shutdown without any prior notice, leaving thousands of distributors and the entire network marketing community shocked.
I share not only the implications of the Modere shutdown but also the essential lessons that network marketers must learn to protect their futures and build resilient businesses.
Modere: What Exactly Happened?On Friday, April 11th, 2025, Modere closed without any warning or notification.
I was hanging out with my mom who was visiting from NYC when my friend Ian Farrar text me about it.
I felt “sick to my stomach,” knowing friends and colleagues who had built significant incomes were suddenly left with no commissions and no clear path forward.
Notable leaders like Justin Prince, Marina Simone, and others had previously left, signaling underlying issues.
Still, the abrupt closure was entirely unexpectedly, making what happened to Modere even more devastating.
Immediate Impact on Leaders and DistributorsI highlighted the stark reality faced by many top earners and everyday distributors in Modere:
I addressed this question…
Is residual income still viable in network marketing?
I emphasize that:
I underscore that Modere’s closing doesn't represent the entire industry—many companies continue to thrive.
Lessons Learned From Modere1. Entrepreneurship Involves RiskEntrepreneurship, including network marketing, involves ups and downs. Companies may close, and markets fluctuate. I reassure listeners that risk is universal, not exclusive to network marketing.
2. Network Marketing Residual Income Requires Smart ChoicesNetwork marketing residual income exists but requires choosing stable companies and products with lasting demand.
I share insights from my own success, acknowledging the element of luck but also highlighting the importance of market research and strategic planning.
3. Personal Development and GrowthThe true benefit of network marketing isn't solely financial but personal.
I share my journey from being a shy, quiet Asian kid from Brooklyn, New York, to someone confidently impacting thousands through speaking and coaching.
I describe network marketing as a “personal development university with a pay plan.”
Why Personal Branding Yourself is EssentialI stress that the Modere shutdown underscores the critical importance of personal branding:
I draw from my 22 years of industry experience to highlight characteristics common to enduring network marketing companies:
I advise listeners to concentrate on income-producing activities and avoid excessive distractions such as overly focusing on industry news or social media scrolling.
Implementation Over InformationThe Modere closing illustrates the importance of action.
Instead of just consuming information about industry events, I emphasize the need for practical implementation:
In business there's always uncertainty. I emphasize financial responsibility:
Despite the Modere closing, I firmly believe in network marketing’s value:
I offer powerful encouragement for those affected by Modere’s closure:
Implementation always beats information alone. Take action today, and go positively impact someone’s life.
4.7
438438 ratings
Special episode and the lessons we can learn from the recent Modere Closing and the future of network marketing.
Episode OverviewIn this episode, I dive deep into the recent shocking news of Modere shutdown without any prior notice, leaving thousands of distributors and the entire network marketing community shocked.
I share not only the implications of the Modere shutdown but also the essential lessons that network marketers must learn to protect their futures and build resilient businesses.
Modere: What Exactly Happened?On Friday, April 11th, 2025, Modere closed without any warning or notification.
I was hanging out with my mom who was visiting from NYC when my friend Ian Farrar text me about it.
I felt “sick to my stomach,” knowing friends and colleagues who had built significant incomes were suddenly left with no commissions and no clear path forward.
Notable leaders like Justin Prince, Marina Simone, and others had previously left, signaling underlying issues.
Still, the abrupt closure was entirely unexpectedly, making what happened to Modere even more devastating.
Immediate Impact on Leaders and DistributorsI highlighted the stark reality faced by many top earners and everyday distributors in Modere:
I addressed this question…
Is residual income still viable in network marketing?
I emphasize that:
I underscore that Modere’s closing doesn't represent the entire industry—many companies continue to thrive.
Lessons Learned From Modere1. Entrepreneurship Involves RiskEntrepreneurship, including network marketing, involves ups and downs. Companies may close, and markets fluctuate. I reassure listeners that risk is universal, not exclusive to network marketing.
2. Network Marketing Residual Income Requires Smart ChoicesNetwork marketing residual income exists but requires choosing stable companies and products with lasting demand.
I share insights from my own success, acknowledging the element of luck but also highlighting the importance of market research and strategic planning.
3. Personal Development and GrowthThe true benefit of network marketing isn't solely financial but personal.
I share my journey from being a shy, quiet Asian kid from Brooklyn, New York, to someone confidently impacting thousands through speaking and coaching.
I describe network marketing as a “personal development university with a pay plan.”
Why Personal Branding Yourself is EssentialI stress that the Modere shutdown underscores the critical importance of personal branding:
I draw from my 22 years of industry experience to highlight characteristics common to enduring network marketing companies:
I advise listeners to concentrate on income-producing activities and avoid excessive distractions such as overly focusing on industry news or social media scrolling.
Implementation Over InformationThe Modere closing illustrates the importance of action.
Instead of just consuming information about industry events, I emphasize the need for practical implementation:
In business there's always uncertainty. I emphasize financial responsibility:
Despite the Modere closing, I firmly believe in network marketing’s value:
I offer powerful encouragement for those affected by Modere’s closure:
Implementation always beats information alone. Take action today, and go positively impact someone’s life.
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