Network Marketing & Gresham’s Law
Posted by Orrin Woodward on August 4, 2013
Gresham’s Law of Money states that bad money drives out good money. Fiat money, in other words, drives out real gold and silver since it is simply paper where gold and silver have real demand in the market. In a similar fashion, bad leadership drives out good leadership in Network Marketing. In the third video in the series, my good friend Art Jonak and I discuss how to check the Five Laws of Decline from harming your company.
In truth, a leadership/performance culture is the most effective way to check the Five Laws of Decline (FLD). How is your organization doing in its efforts to check the FLD? The answer to this question is imperative to the longterm success or failure of your company. LIFE Leadership is designed as a leadership culture that rewards people based upon performance, not politics for this reason.