Exclusive interview with 2 time best selling author Ray Higdon. Ray went from foreclosure to 2.5 million a year in 5 years and is the host of “Home Business Profits” which is his podcast that gets over 150,000 downloads per month. Ray has earned millions in network marketing as well as affiliate marketing commissions.
Weird Interesting Fact:
Ray was featured in an infomercial at 18 years old.
What led you down the road to becoming an entrepreneur?
Ray Higdon is from Indiana originally but has lived in Florida for 25 years. He always worked hard and got to a 85K a year salary selling insurance. Then back in 2005 Ray got into real estate leaving his 80K a year salary to get a guaranteed salary of zero.
He started flipping houses and made a lot of money but lost it all with the burst of the real estate bubble. Ray feels in more control of his finances and life with network/internet marketing versus the real estate market. With info marketing and network marketing Ray has gained lots more freedom.
What’s the biggest misconception people have towards network marketing?
That network marketers are taught to be sleazy and underhanded which is why so many are turned off by network marketers. The greatest thing about network marketing is that ANYONE can do it, but that can also be a bad thing.
Why do so many people fail and how can our listeners avoid failure?
People fail because they talk to much to few people. Instead you must say less to more people. People quit for many different reasons including false expectations and lack of consistency. Ray Higdon has been blogging now with 5-7 new blog a week consistently for the past 4 years. We must remember the reason WHY you joined and got started down this journey in the first place so that we continue persisting through the difficult times.
When Ray started blogging, he was in foreclosure and was dead broke. However, the Key is that he started, even though it wasn’t perfect, and it wasn’t beautiful he was always consistent.
Vision & Big Reason Why
Ray wanted to become someone worth something, someone providing value. He also wanted to raise the vibration of the network marketing profession to help entrepreneurs create more freedom.
Please share with us more about your 2 best selling books and how you went about becoming a best selling author?
Ray published both of his best selling books within a 37 day time spand. His first is called “Vibrational Money Immersion – Think and Grow Rich for Network Marketers” and he gave it away free for the first 24-48 hours upon launch via ebook/kindle download. His second book is called “Top Earner Recruiting Secrets” which is a 4 hour training he recorded on recruiting and closing and had it transcribed into a book. It became #1 in 5 categories in 10 countries.
Ray you’ve made millions in the network marketing industry. Can u share with us what you look for in a good network marketing company before planting your flag?
The 4 most important things are community, support, culture and training. It’s all based around growth and retention. Ray’s 1st company was in 2006 and then he jumped around. In 2009 he joined a company and became #1 income earner. Culture is also really important.
When Ray Higdon first got started in network marketing, he struggled with being coachable. The moral of story is be coachable but also as a leader, never be over bearing ruling over them.
Weird Breakthrough Experience
Ray experienced his first massive breakthrough when he was making a lot of money in real estate then lost it all and stopped making any money. When this happens, scarcity thinking can occur but it was when Ray made more money during his vacation at an amazing resort while not working then the cost of being there. The Universe showed him that he can make more money then they spend.
If you had to start all over again and all you had was $1,000 dollars and a laptop. What would you do?
Determine what my target market is and what problems I can solve. Spend a couple hundred bucks on site design and the rest on taking people to lunch. Get around people who are masters in the profession I want to dominate. Research the forums and books, and conversations around that niche. I would also created a podcast and blog daily.
Ray Higdon, what’s your Vision of the future look like in your life and business?
Settling down a lil bit and wanting to have a baby now. My 2 sons from prior marriage are growing into men. I Recently invested 180K in coaching/education. On the business side of things, implementing phone sales coaching and fulfillment team, rolling out a new book. and traveling to Italy and London.
“Pain pushes you until a vision pulls you”. – by Revernd Michael Beckwith
Best way to connect with you Ray?
Blog – http://RayHigdon.com
Home Business Profits Podcast – http://RayHigdon.com/podcast
Facebook – http://facebook.com/rayhigdon