Mike Dillard Steps Down as CEO of Magnetic Sponsoring

Mike DillardMike Dillard has become one of the icons in the world of internet marketing. He is an introverted, self-effacing man with a tell-it-like-it-is attitude. He is not one to take the spotlight, surprisingly with all of his amazing success and name recognition, and he has little patience for mainstream business practices and policies. These are some of the reasons why Mike began his Magnetic Sponsoring business on the internet and has built it into a hugely successful and booming business.

Mike Dillard‘s MLM Success

While Mike has proven, over and over again, that the principles of Magnetic Sponsoring work, he is still burning with passion about what to do with his self-built fame and fortune. He readily admits that he has no idea of how to invest and build wealth. He knows how to generate cashflow and make money, but not what to do with it. Just this week he turned over the CEO functions and day-to-day running of the company to his partner, Tim Erway, so that he can turn his talents to learning what to do with money once you have generated it.

Mike also owns another business that is geared toward linking network marketing entrepreneurs together in a social network environment called BetterNetworker.com. Again, here he has built a great cashflow generating business, but has turned over the running of this company to his right-hand man, Trent Cooper. It seems that Mike has discovered his newest passion and he wants to concentrate on it.

Mike Dillard‘s Next Chapter

Mike Dillard has a new company. It is called TheElevationGroup.net. Right now he is fired up and angry about the attitudes and practices of the financial advisory world and he has decided to do something about it. He wants to learn how to invest and grow his money, and he wants to share it with a select group of people. Right now, it is by invitation, but it will become public after this proof-of-concept beta testing period. Hang in there and stay tuned. He has the Midas Touch when it comes to creating cashflow. Let’s see how he learns a new business model and enjoy the ride as he takes us along with him.

If you’re an avid follower of Mike Dillard, as am I, check out these posts as well:

From the office of Drew Berman, contributed by Seth Lefferts.

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  • Max October 12, 2010 at 2:31 pm

    Wow Mike Dillard Steps Down as CEO of Magnetic Sponsoring I am not sure I should of seen this coming. Drew Berman and Seth thanks for cluing me in you guys are awesome