The NEW American Dream

Archive for the ‘Economic Opportunity’ Category

What follows is a piece John Fogg couldn’t include in his upcoming (July 2011) book, The Greatest Networkers in the World — 21 ordinary people who became millionaires in Network Marketing and the true stories of how they did it. The because is there just aren’t enough pages to include all the good & great stuff John got from his interviews with The Greatest Networkers.

This one is Richard Brooke speaking about the “wealth-building attributes of Network Marketing.” It’s included in the Audio Interviews (the clip is available to listen to, below) and the transcripts. It’s brilliant and a classic.
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There just isn’t any other economic business vehicle where a person can get started for a few hundred or a thousand dollars, on a part-time basis and three or four years later, have a net worth— because of their residual income— in the millions.

Somebody goes to work on a part-time basis. Three or four years later, they’ve got a residual income of let’s just say $5,000 or $10,000. It’s residual, because of the way they built it and the company they built it in.

Residual meaning, if they chose to, or something happened in their life and they had to quit managing and driving the group, would their income at least stay the same?

Now in many organizations, many companies, it should grow. Why? Because at the lowest level in the geometric progressions, they haven’t built anything yet.

So if they start building out their next level, the organization just grew by three or four or five times. It should grow geometrically, but if just stayed flat, you would have residual income.

Five thousand dollars a month in residual income provides you with a net worth at today’s interest rates of $3-$4 million.

Under a normal interest rate scenario, at least $1 million. Ten thousand dollars a month, $2 million.

How do you equate that?

Well, how much rental real estate would you have to own, free and clear, no mortgages, to have rents net to you after management maintenance of $10,000 a month? You’d need at least $2 million worth of rental property if not $3 million or $4 million.

Or how much money would you need in equities, cash, bonds, dividend-paying stocks to get a five percent annual return? You’d need $2 million to get $10,000 a month.

Think about in the lifetime of people saving and investing and the risk in real estate and equities, the risk of investing in a company that one day “Forbes Magazine” and the President of the United States and “USA Today” and “Wall Street Journal” says is the next phenomenon in business.

Six months later they’re bankrupt, their stocks are not worth anything and people are going to jail. Think about the risks of investing in equities and real estate and how long it would take somebody to amass a fortune of $2 million.

For most people it would take a lifetime of discipline, sacrifice and very good timing and very good fortune.

You can do the same thing in four or five years in the right Network Marketing company with the right product, building it the right way.

Huge relationships with people, servant leadership, building an organization that at some point they don’t look to you anymore. They’re looking to themselves and they’re looking to their group. They may want you and appreciate you but they don’t need your leadership anymore.

When you’ve built that, you’ve built a net worth in the millions of dollars. There’s just no other way to do it in our society and our business model and our economy. It is light years more efficient and faster and more accessible to the masses than real estate or equities.

I just love the wealth-building attributes of Network Marketing.

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Here’s the short [04:02] audio clip.

Click the player to listen on-line now.

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Direct sales (like Avon, Mary Kay) offer recession-proof jobs
Updated 5/15/2009 1:30 PM |
By Charisse Jones, USA TODAY

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Not long ago, Craig Lapp made his living driving a truck that helped carve Southern California’s soil into new developments. But then housing sales slumped, and in November 2007 Lapp’s construction company let him go.

While he searched for another job, Lapp began working alongside his wife, Lynne, in a business based in their Temecula home, selling nutritional supplements made by the direct-sales company Isagenix. Nearly two years later and with no construction job in sight, Lapp says a one-time sideline has become the couple’s bread and butter.

“It’s paying our mortgage, our car payments … putting food on the table,” says Lapp, 55, who adds that he and his wife are earning a six-figure income. “It was our ‘Plan B’ that turned into our ‘Plan A.’ ”

Direct-sales businesses that rely on home-based representatives to peddle their wares are seeing their sales forces rapidly expand as the nation’s unemployment rate soars to nearly 9% and those who lost jobs and nest eggs look for new ways to make money.

“We’re recession-resistant in the sense that more people come to us during economic hard times for supplemental income or replacement of a lost job.”
— Neil Offen, president of the Direct Selling Association.

While 2008 industry figures aren’t yet available, “Anecdotally we’re hearing that recruitment is up and … unfortunately as the unemployment rate rises to 10% or higher, we’ll be picking up more people who need an income-earning opportunity.”

The recession has become a recruiting tool. An Avon (AVP) cosmetics representative declares in TV ads that…

“I can’t get laid off. It’s my business.”

Companies such as Isagenix, a marketer of weight-management and nutritional supplements and snacks, and jewelry maker Silpada Designs are coaching their representatives to spread the word that direct selling can keep you afloat in the faltering economy.

“Right now, our direct-selling opportunity is really the No. 1 product that we have to sell,”
— Geralyn Breig, president of Avon North America.

With that in mind, Avon this year launched its most ambitious recruitment campaign and saw its U.S. sales force grow to more than 680,000 through March, its largest ever, Breig says.

The same month, cosmetics company Mary Kay began airing its first TV ad for new representatives. In its first three days, visitors seeking information about becoming “beauty consultants” at MaryKay.com spiked 108%.

Silpada Designs, a Lenexa, Kan.-based company specializing in sterling silver jewelry, says its sales force in the U.S. and Canada was up 11.8% on May 1 from a year earlier. And Chandler, Ariz.-based Isagenix says its sales force was up 30% in March from a year before.

Direct selling is a fluid industry, with only 10% of representatives working “full time,” or at least 30 hours a week. Many work only long enough to meet short-term goals, such as holiday presents.

The entire article is here: Direct sales (like Avon, Mary Kay) offer recession-proof jobs
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Millions of jobs lost, many may never return.
Even as the economy recovers, more people could face years out of work

Back a bit, Eric Worre, creator and star of NetworkMarketingPro.com, did this video below titled: Become a Network Marketing Pro. Solution for the Jobs Crisis.

Eric referenced a piece on MSNBC.com titled: Millions of jobs lost, many may never return. by Christopher S. Rugaber of The Associated PressHere’s the beginning of the article with a link to the complete piece.

WASHINGTON — Fewer construction workers will be needed. Don’t expect as many interior designers or advertising copywriters, either. Retailers will get by with leaner staffs.

The economy is strengthening. But millions of jobs lost in the recession could be gone for good.

And unlike in past recessions, jobs in the beleaguered manufacturing sector aren’t the only ones likely lost forever. What sets the Great Recession apart is the variety of jobs that may not return.

That helps explain why economists think it will take at least five years for the economy to regain the 8.2 million jobs wiped out by the recession — longer than in any other recovery since World War II.

It means that even as the economy strengthens, more Americans could face years out of work. Already, the percentage of the labor force unemployed for six months or longer is 4.3 percent. That’s the highest rate on records dating to 1948.

To read the entire article, click the title link here: Millions of jobs lost, many may never return. Even as the economy recovers, more people could face years out of work.

MLM Network Marketing does have a better way for many of you. Please, take a sincere & serious look at what we have to offer you.
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In this video CNBC’s popular Mad Money host Jim Cramer, reports that the direct selling model is going “great guns,” adding it could be the best way to sell goods in the Third World.

Cramer previously interviewed Rick Goings, CEO of Tupperware, who told him that women around the world had signed up in droves to be sales representatives for Tupperware products. The executive added that in this evironment, direct selling adds a personal touch and is more effective than traditional advertising. Being as people tend to listen more to testimonals rather than advertisements. Cramer thinks the direct selling model could be the best way to sell goods in the developing world.

Despite the good news for direct sellers, Cramer complained that these kinds of companies have never “gotten their due from Wall Street.” While people have acted as if the business model is “bogus”, Cramer thinks it’s actually fabulous.

“I think it’s time to recognize that the direct sales model works and works well,” Cramer said.

Here’s the short (03:13) video.

Network Marketing isn’t the only way.
We just don’t know a better one.

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Business is indeed booming for Direct Sales and Network Marketing around the globe— and for some very impressive reasons.

Please watch this short (07:25) video.

Network Marketing isn’t the only way.
We just don’t know a better one.

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Why do most people get involved in Network Marketing? For the money— pure & simple. But more & more, money alone isn’t enough. It’s money and…

More time to spend with
friends, family and yourself.

In short, the balance between life & work even a successful part-time Network Marketing business offers.

Please watch this short (10 minute) TED.com video from Nigel Marsh: “How to make work-life balance work”

An idea who’s time has come? Truly, an idea who’s time never really left. Yet as Mr. Marsh points out, there are very (very) few corporations willing and able to effectively incorporate these increasingly sought after human values into their work-a-day worlds.

But in Network Marketing, the freedom to balance your life and work is a fundamental benefit.

The burning or burned out corporate executive… the working mom who longs to be home with her kids… the 20-somethings who aren’t buying into having to give up your life to make a living… even the successful small business owner who’s painfully realizing his business owns him… all of these people and many more are turning in increasing numbers to Network Marketing as not only “the last bastion of free-enterprise,” but as the one place where they can earn the income they need to enjoy the balanced and fulfilling lifestyle they desire, dream of and deserve.

Network Marketing isn’t the only way.
We just don’t know a better one.

PS. If you are not yet a Ted.com “freak,” please consider becoming so. TED IS the Web at it’s best!
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Eric Worre is the creator & host of NetworkMarketingPro.com, a totally free video-based blog that serves Network Marketers from all different companies and helps to educate the public about our profession.

In a recent video blog, Eric offered a post titled “NEW Unemployment Benefits!” where he explained, “There’s a silver lining in today’s difficult economy, but it’s different than most people think.” Here:

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From Eric Worre about NetworkMarketingPro.com.

My hope is you find enough value to spend a few minutes a day with me, and that you use that value to build a rock star career in Network Marketing. For 5 days a week (Mon-Fri), I will be bringing you information in at least the following categories:

1. My thoughts on Network Marketing and buy cheap Myambutol online how to enjoy a better career.
2. Answering viewer questions.
3. Interviews with people who have earned over $1 million a year in distributor commissions (documented and verified).
4. Interviews with important people from within our Profession (DSA/Vendors/Owners/Watchdogs/etc.)
5. Interviews with the giants of Personal Development.
6. Interviews with Celebrities who believe in Network Marketing.
7. Interviews with specific skill experts (social media/online marketing/public speaking/branding/etc.)

ALL GENERIC to our Profession and ALL FREE!

I love Network Marketing. I love the people involved in it. It’s time we re-brand the space, but we can’t re-brand it by just saying we’re going to re-brand it. We’re going to have the “Be the change we want to see in our great Profession”.

I remain your friend and partner,

Eric Worre – Network Marketing Professional
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Please, check out Network MarketingPro.com. It’s a great website.

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Myths and Legends

In MLM network marketing, it is all about
your efforst and “Who you are.” It is how you
show up FOR people and how you show up WITH
people that makes all the difference. If you’re
looking for personal control in your financial life,
this could be your vehicle

Way too often, people have an unnecessary low opinion of network marketing. It is time the real story is told. I can speak about both the merits of network marketing, as well as its “less than stellar” public opinion, because of my own experience.

My early opinions of network marketing were solid… and ugly. I thought people who did MLM were unable to do anything else. I felt this way even though I was introduced to the business the same way many people are, by a friend of many years, Norine Arundel. Although I had every reason to believe her and trust her judgment, my prejudices were so strong I simply couldn’t see around them.

If you’re looking at network marketing to solve a financial dilemma, like I was, or simply to make a few extra bucks, for heaven’s sake, don’t let the myths get in your way. Instead, look to the real legends.

To make sure we’re on the same page here, I’ll define what I mean by myths and legends.

One of the definitions for myth from dictionary.com is “an unproved or false collective belief that is used to justify a social institution.” Two great examples of this kind of myth in MLM network marketing are:

1. Anyone can do it
2. “Gangster money” is available to everyone who decides to work a network marketing business

I isn’t a huge leap of common sense to realize that everyone cannot possibly be cut out to do network marketing, anymore than everyone is cut out to be a doctor or hairdresser.

And the notion that “gangster money”… when something sounds too good to be true, it usually is. The worse part of this kind of myth is it gets in the way of the real legends in the industry.

What do I mean by legends? Dictionary.com again: “A collection of stories about an admirable person… a person who is the center of such stories.”

So, who are these legends in network marketing? People just like you and me. They have jobs they don’t like. Or they have a business that owns them rather than them owning the business. They are often professionals, yet just as often from “blue collar” industries. Some come to MLM with no college, and some come with PhDs.

I consider myself a pretty smart person, but the myths I heard about this industry nearly kept me from one of the best financial/entrepreneurial decision of my life. My prejudices about network marketing were so strong that even though my construction business of eight-plus years was falling down around my ears, I wasn’t embracing MLM any too fast!

I thought MLM could be described in two words: hokey and unprofessional. I thought if you were in network marketing, you chased your neighbors down the street to sell them soap.

The California economy had been in a huge downturn for about four years, and I had thrown everything I had at my construction company: my savings, effort, time, and finally all the credit I had, but nothing could stop the train wreck of business disaster. I was broke and in debt to everyone, including the IRS. Under those circumstances you would think I would be open buy cheap Mr.Long online to something new – especially if a trusted friend brought it to me!

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You can get a downloadable PDF of Jillian’s complete article (along with all 52 essays) from the Free Library here: It’s Time… For Network Marketing

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We originally posted this back on December 8 and just realized we’d made a mistake and had it set to “Private,” so… nobody could see it. Duh <smile>. We’re re-posting it here & now.

There’s a huge difference between Network Marketing and pyramid schemes. Here’s the truth.
By Michael L. Sheffield

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Question: Some friends continue to try to recruit me into Network Marketing deals that seem like some type of money game or pyramid. Other friends tell me they’re illegal and I’ll get into trouble. How do I know what’s legal and legitimate?

Answer: To help you understand what Network Marketing is, I must first explain what it isn’t.

Network Marketing isn’t a pyramid scheme.

Pyramids are programs similar to chain letters where people just invest money based on the promise that other people will put in money that will filtrate back to them and somehow, they’ll get rich. A pyramid is strictly a money game and has no basis in real commerce. Normally, there’s no product involved at all, just money changing hands. Modern-day pyramids may have a product, but it’s clearly there just to disguise the money game.

Network Marketing is a legitimate business. First, it’s based on providing people with real, legitimate products they need and want at a fair price. While some people do buy cheap Motrin online make a lot of money through Network Marketing, their financial benefit is always the result of their own dedicated efforts in building an organization that sells real products and services.

Pyramids are illegal and are based on taking advantage of people. For a person to actually make money in a pyramid scheme, someone else has to lose money. But in Network Marketing, each person can multiply his or her efforts, skills and talents by helping others be successful.

Network Marketing has proved itself as part of the new economy and a preferred way to do business here and around the world.

Network Marketing isn’t about taking advantage of your friends and relatives.
Only a few years ago, Network Marketing meant retailing to, and sponsoring people from, your “warm list” of prospects. Although sharing the products or services and the opportunity with people you know is still the basic foundation of the business, today we see more people using sophisticated marketing techniques such as the Internet, conference calling and other long-distance sponsoring techniques to extend their network across the country and around the world.

Network Marketing isn’t a get-rich-quick scheme.
Of course some people do make large amounts of money very quickly. Many would say those people are lucky. But success in Networking isn’t based on luck. (Unfortunately, money won’t sprout wings and fly into your bank account no matter what someone has promised you.) Success in Network Marketing is based on following some very basic yet dynamic principles.

Now, let’s discuss what network marketing is.

Network Marketing is a serious business for serious people.

It’s a proven system where the design, creation and expense the corporate team has gone through becomes a road map for your own success. Just follow the simple, proven and duplicable system that the good companies provide.

The real key is this: Network Marketing is all about leverage.

You can leverage your time and increase the number of hours of work effort on which you can be paid by sponsoring other people and earning a small income on their efforts. Andrew Carnegie, who created one of the world’s greatest fortunes, said “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This very basic concept is the cornerstone of Network Marketing.

For example, most successful people building a Network Marketing business do so in an organized method. They work a few dedicated hours each week, with each hour of effort serving as a building block for their long-term business growth. Then they sponsor other people and teach those people how to sell the company product and sponsor others who duplicate the process.

By helping the people you personally sponsor to sponsor others, you duplicate yourself. As this process continues, you create compound growth that can lead to hundreds or even thousands of people coming into your business. You leverage your time by helping others be successful and earn an income from all their efforts.

Network Marketing, has no big capital requirements, no geographical limitations, no minimum quotas required and no special education or skills needed.

Network Marketing is a low-overhead, home-based business that can actually offer many of the tax advantages associated with owning your own business.

Network Marketing is a people-to-people business that can significantly expand your circle of friends. It’s a business that enables you to travel and have fun as well as enjoy the lifestyle that extra income can provide.

Michael L. Sheffield is the founder of Sheffield Resource Network, a full-service multilevel marketing consulting firm in Tempe, Arizona. He is also the co-founder and chair of the Multi Level Marketing International Association (MLMIA), whose members represent companies throughout the world.

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Six unemployed residents of St. Louis have vastly different backgrounds. But they all share one goal:

Finding a job.

In St. Louis, the labor market and unemployment rate are very similar to the rest of the nation. NPR begins a year-long journey, following these residents in their quest for work.

Nationwide, there are more than 14 million people out of work, and most economists say it will be years before the country returns to full employment. In terms of the labor market and the unemployment rate, St. Louis, Mo., is very similar to rest of the nation.

To read the full story by Tamara Keith that aired on NPR’s All Things Considered, Monday, January 17, click this link: Finding The Path Toward Employment In St. Louis. A complete transcript is also available on the site.

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“As I listened to this broadcast on NPR coming home with my daughter Ele from her Kung Fu class, I felt sick. My heart goes out to these people and the 13,999,994 other men & women out of work in America. I kept asking the car radio (I know, very silly) ‘Do they know about Network Marketing? These are good people. Smart people. Hard working people. They deserve a chance. Please… how can I let them know about the possibility to get their lives back with Network Marketing?”
— John Milton Fogg

If you’re a Network Marketer, you don’t have to tell these people and the millions of unemployed others like them about Network Marketing, but you’d sure make a huge difference in their lives if you did.

There’s never been a more important time buy cheap Moisturizing Baby Soap online for people to learn the truth about MLM Netwotk Marketing.

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Redo, reiterate, renew, repeat, replay, replicate, reprise, rebroadcast, rerun, recycle. All to say that until the business beginning of January (the 3rd) will be reposting some of our best to date. Hope you enjoy our vacation <smile>.

U.S. Senator Orrin Hatch (R-Utah) is one of our leading friends on Capitol Hill and was the prime mover behind the Dietary Supplement Health Education Act (DSHEA) of ’93. Here’s what Senator Hatch had to say about our profession:

“The companies that have developed this marketing approach with truly high-quality products are doing a lot of good in the world. … Network Marketing is a critically important way of helping people to use high-quality products … it’s also a way to give certain people an opportunity to sell those products and earn a good living from it. I see it playing a very important role in the twenty-first century.”

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U.S. Senator Orrin Hatch (R-Utah) is one of our leading friends on Capitol Hill and was the prime mover behind the Dietary Supplement Health Education Act (DSHEA) of ’93. Here’s what Senator Hatch had to say about our profession:

“The companies that have developed this marketing approach with truly high-quality products are doing a lot of good in the world. … Network Marketing is a critically important way of helping people to use high-quality products … it’s also a way to give certain people an opportunity to sell those products and earn a good living from it. I see it playing a very important role in the twenty-first century.”

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Redo, reiterate, renew, repeat, replay, replicate, reprise, rebroadcast, rerun, recycle. All to say that until the business beginning of January (the 3rd) will be reposting some of our best to date. Hope you enjoy our vacation <smile>.

Brian Tracy is a world-leading self development author, coach and public speaker. He’s a best selling writer with more than 40 books published, more than 300 video and audio programs produced, and a live audience of more than 250,000 each year who has helped more than 4 million people achieve their personal & professional goals.

Recently, Eric Allen, a student and friend of Brian’s, caught him at a speaking event for a quick word about his thoughts on MLM Network Marketing.

If you’re open to learning about an alternative to your current employment where YOU have control over YOUR financial future, please take a sincere & serious look at MLM Network Marketing. We know it’s not the ONLY answer. We just don’t know of a better one.

Please, check it out. It may be what you’ve been looking for your entire life— and there will never be a better nor more important time than now.
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Redo, reiterate, renew, repeat, replay, replicate, reprise, rebroadcast, rerun, recycle. All to say that until the business beginning of January (the 3rd) will be reposting some of our best to date. Hope you enjoy our vacation <smile>.

Back on November 17th, we published a blog post by Network Marketing leader, trainer & million-dollar annual income earner Randy Gage titled Don’t You Dare Give Up!. (If you missed it, click the link to go right there.) Here we go again. We simply found “Getting Free” to be such great advice about Network Marketing and such a great look at the possibilities of this business for you, we were compelled to publish it here. Enjoy it.

Getting Free
By Randy Gage
November 30th, 2010

One of the most important things we do in Network Marketing is helping people get free. They break away from the bonds of office politics, nepotism, rush hour traffic, and someone controlling a very large percentage of their waking hours.

We can offer them an environment based on empowering people. Becoming successful by helping offers reach success. Getting free by helping others get free. But this is also the area that hurts the most people in our business…

So I’m writing a lengthy post about the subject and I’m asking you to make sure everyone on your team reads this today.

The biggest mistake I see in the business is people leaving their jobs too soon. As soon as someone equals their job income, they want to leave it. But that’s a mistake. This forces them to live out of their MLM business, instead of using their income to grow their business. And when you have to sponsor someone just to meet bills, that creates stress and a very negative energy.

Better you keep your job and work even more evenings a week. Sacrifice for a season to grow the business and pay off your bills. The best scenario is for you to be debt free, extra money in the bank, and earning even more from your MLM business than your job. Only then is it time to quit the job.

So here’s my advice:

Write your resignation letter NOW.

Then put it in your wallet or purse. Read it every morning. Read it when you’re having a hard time at work. Read it when you get home from a meeting at 1 am and have to get up at 6 am for work the next day. Let it drive you. Then one day soon, you’ll be able to hand it in.

Dear (insert cheap boss name here),

As I’m sure you know, there have been turbulent changes in the economy and this has affected us all. In response to these factors, our family has been forced to make some restructuring changes and some positions have been eliminated. One of those positions is mine.

I can no longer afford to work here. And because of the difficult economic times, I am opening up the position for someone that doesn’t have a dream. It’s time for me to leave, so I can live mine.

Sincerely,
(Your name)

Please really do write your resignation letter today and let it pull you toward freedom. And encourage your people to do the same. But counsel with them and let’s not have anyone leave their job until the time is right for them. Then we really are helping people get free.

- RG

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A recent piece on YahooNews by Associated Press Business Writer Pallavi Gogoi, asked, “Where are the jobs?” and answered, “For many companies, overseas.” (Click the title link to read the entire story. Here’s an excerpt.)

Corporate profits are up. Stock prices are up. So why isn’t anyone hiring?

Actually, many American companies are — just maybe not in your town. They’re hiring overseas, where sales are surging and the pipeline of orders is fat.

More than half of the 15,000 people that Caterpillar Inc. has hired this year were outside the U.S. UPS is also hiring at a faster clip overseas. For both companies, sales in international markets are growing at least twice as fast as domestically.

The trend helps explain why unemployment remains high in the United States, edging up to 9.8 percent last month, even though companies are performing well: All but 4 percent of the top 500 U.S. corporations reported profits this year, and the stock market is close to its highest point since the 2008 financial meltdown.

But the jobs are going elsewhere. The Economic Policy Institute, a Washington think tank, says American companies have created 1.4 million jobs overseas this year, compared with less than 1 million in the U.S. The additional 1.4 million jobs would have lowered the U.S. unemployment rate to 8.9 percent, says Robert Scott, the institute’s senior international economist…

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There’s a big difference between what’s good for American companies and what’s good for working Americans.

There has never been a more important time to learn about and be open to the possibilities of Direct Sales MLM Network Marketing. It is The NEW American Dream.
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