Leadership Magazines Issue 18 Kacie Vaudrey & Mike Hitchcock | Page 28

FEATURE ARTICLE David Hsiung—Double Diamond M1 W H AT I S A N ACCOUNT? Andy & Natalie Goddard— Double Diamonds In January 2013, the dōTERRA Executive team announced the multiplier (M1) account, which allows Presidential Diamonds to create a second account and begin to build additional depth and width in their organizations. This change has allowed Wellness Advocates the opportunity to expand their business without limits. But, an M1 account can also feel like starting over from the beginning. Two years later, several Wellness Advocates have reached the ranks of Double Diamond, Double Blue Diamond, and Double Presidential Diamond, so we asked some of them what the experience of building an M1 account has been like for them. “I’m glad that do-TERRA gave me the opportunity to put new builders in an M1 account so that I can help them build their teams and help my rank grow. My biggest challenge has been time management. I have double the team members and leaders to take care of. But, now I have past experience and a stable income to help me. “It’s also been very beneficial for me to build up relationships between my Presidential Diamond builders and my M1 builders. It helps my M1 builders become more confident in their future success and lets both groups of builders learn from and help each other. To me, both of my accounts are one team, one unit.” Patrick & Allyse Sedivy—Double Presidential Diamonds “In general, building your organization deep will create stability and great income. However, there comes a point where in order to take your income to the next level, it is beneficial to go wider. An M1 account is awesome, but only do it if you are committed to at least go Double Diamond. Otherwise, you would be better off supporting and strengthening your original team. Hayley Hobson—Double Blue Diamond “Although we experienced massive fulfillment in building to Presidential Diamond, we still love watching people transform, become their best, and tap into financial success through do-TERRA. Once our leaders reached a certain level, it felt like there was more we could do and more people waiting for us to lead them. An M1 account expanded our minds to the possibilities. “It was hard to start all over, literally. The nice thing is I already had a paycheck from my first organization, so I had money to invest. That made it less difficult than the first time. It’s a lot of work, and I would not encourage anyone to start an M1 account until their first account is super solid at Presidential Diamond. If it’s not, then you won’t have the time and capability to focus on the new group of people. “The bigge