The NEW American Dream

Archive for the ‘Financial Security’ 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.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

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To learn more and buy the Audio Interviews & Transcripts with The Greatest Networkers in the World, click the link.

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The NEW American Dream Team

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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The NEW American Dream Team

The following excerpts were taken from an article published back on October 8, 2010 in The New York Times. Click the title link to read the entire article online at NYTimes.com.

Public Jobs Drop Amid Slowdown in Private Hiring
By Catherine Rampell
Published: October 8, 2010

In the one-two punch long feared by many economists, hiring by businesses has slowed while government jobs are disappearing at a record pace.

Companies added just 64,000 jobs last month, a slowdown from 93,000 jobs in August and 117,000 in July, the Labor Department reported Friday. But over all, the economy lost 95,000 non-farm jobs in September, the result of a 159,000 decline in government jobs at all levels. Local governments in particular cut workers at the fastest rate in almost 30 years.

“We need to wake up to the fact that the end of the stimulus has really hit hard on local governments,” said Andrew Stettner, deputy director of the National Employment Law Project. “There is much more of a slide in the job market than what we really need to clearly turn around.”

With the waning of the $787 billion Recovery Act passed in 2009 and credited with increasing employment by millions of jobs, finding new policies potent enough to speed up the recovery has proved difficult.

… Friday’s jobs report led to discouraging forecasts for the rest of the year, given the slowdown in both job and output growth in recent months. Private payrolls have been growing throughout this year, but at a rate too sluggish even to keep up with people entering the work force, much less make a dent in the numbers of unemployed. The nation’s unemployment rate stayed flat in September, at 9.6 percent.

Of particular concern is the fact that the length of the workweek has barely budged in six months and the number of people working part time because they cannot find full-time work continues to climb…

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And true to the predictions above,  the employment picture has indeed worsened as the country moves to the end of this upside (and mostly) down (economically speaking) year.

There has never been a better nor more important time to take a sincere & serious look at a part-time career in Network Marketing. This is The NEW American Dream

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We appreciate you.
The NEW American Dream Team

More & more, the issue of “Retirement” is increasing in importance for a growing number of Americans. Clearly, with the Baby Boomers in their 50′s and 60′s that’s to be expected. But in today’s unsettling economic times, retirement has a new urgency. Unlike even a major purchase of a car or a house, which can take years of planning, retirement requires a lifetime .

Here’s a piece written by business expert and Network Marketing million-dollar-income-earner, Rod Nichols. Trust it serves. (And btw, that $2 trillion figure is two years old. Imagine how much bigger that number is today…)

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Yesterday’s Headline: Retirement accounts have lost $2 trillion — So far!
by Rod Nichols
Are you relying on the 401k, retirement account, or Social Security to take care of you in your old age? Forget about it! Take control of your financial future with a Network Marketing business.

First, Network Marketing businesses are a lot more fun than just sticking money into an account.
Second, Network Marketing businesses have a much greater potential for return.
Third, Network Marketing businesses give you the opportunity to help others too.
Fourth, Network Marketing businesses provide you with much better tax benefits.
Fifth, Network Marketing businesses create opportunities for your to travel and meet new people.

There are five great reasons to utilize a Network Marketing business to secure your retirement.

Let me tell you a sad story.

A number of years ago I met a man who had worked for the same company for 30 years and socked away a large sum of money into the company retirement account. He was 2 years away from retirement when the company went bankrupt. He lost everything and was devastated. “What could I do in 2 years that would enable me to recreate my retirement fund,” he asked me and I told him there was only one thing – Network Marketing. I then helped him research the industry to find the right company for him and 2 years later he had built a business that generated far more than his retirement account would have.

Think about it this way.

If you have a Network Marketing business that generates a $100,000 a year income, you have the equivalent of $1,000,000 in an investment that yields 10%.

How long would it take you to accumulate $1,000,000 doing what you are doing now?

Whereas there are many people who work part-time and within 2 to 5 years have a Network Marketing business that generates a residual income of $100,000 or more (much more). Beyond the financial side, a successful Network Marketing business will give you free time to enjoy life, opportunities to travel and make new friends, lot’s of cool contests and awards, and amazing tax benefits.

So, if you have a Network Marketing business, get busy and secure your financial future. If you don’t, start looking today.

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The NEW American Dream Team

A comfortable retirement could becoming a luxury only wealthy Americans will be able to afford, as a growing number of middle income earners believe it is impossible to meet today’s bills and save for retirement at the same time.

Nearly half of America’s middle-income earners – the backbone of the working nation – simply do not believe it is possible to bring up a family, pay the bills, live a little and save for retirement all at the same time.

A study of 3,000 people by Country Insurance & Financial Services has found just over a third of middle-income families – 37 per cent – felt they were able to save enough to live comfortably in retirement.

Nearly half felt they were unable to square the circle and 17 per cent were unsure, with women more pessimistic than men.

The two main reasons respondents cited for not providing for their retirement were a lack of enough money to save and invest (34 per cent) and the need to pay off debts (17 per cent).

Source: Management-Issues.com

For millions of people in the U$, MLM Network Marketing offers the very real possibility of generating the money they’ll need— and have not saved or invested— to afford their retirement. Please, be open to that and take a look today.
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The NEW American Dream Team

Recession… What recession? That’s crazy. This isn’t a recession. This is a fundamental shift in the way the world works— and what I mean is the way it works economically and the way the whole business of ‘work’ itself works.

Most of those jobs aren’t coming back. They’re gone for good.

The same way the Industrial Age transformed what people did to earn a living, the Information Age is doing now (and it’s only just begun). What technology did with mass production in manufacturing technology is doing with the mass production of information. And most people today— in corporations, government, even in small business— are in the information business.

Network Marketing is an information business, too. The difference is in our business the information is NOT the product. The product is YOU— who and how you are. That’s something no technology can replace.

- Jimmy Kossert

Co-author of The NEW American Dream

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Please, let us know what value you got from this post and leave your Comments below.

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We appreciate you.

The NEW American Dream Team

… to the website for The NEW American Dream— a Blog, a Book, & a Mission.

Our passion and purpose is to inform, involve and inspire you about MLM Network Marketing… To help you learn what makes this business,

“The most remarkable form of free enterprise ever invented.”

And to show & tell you all you need to know to make an intelligent choice if Network Marketing is right for you— or not, and if now is the right time for you— or not.

We claim…

“There has never been a more perfect time for
people to get involved in Network Marketing.”

The world of work is turning up-side down. The economy is in big trouble. People’s wages are falling. They are losing their jobs, their savings & investments, their homes… their futures.

Financial security is gone. Every where you turn the old American dream of “Life, Liberty & the Pursuit of Happiness” is not only beyond most people’s grasp— it’s completely out of reach!

We’re convinced Network Marketing is the very best way for millions of “ordinary” people to earn the money and freedom to have what they desire, dream of & deserve in their lives.

We know Network Marketing is NOT the only way. (We passionately believe it is simply the BEST way for most people.)

We also know this is NOT for everybody. Nothing is. But if this business could be a fit for you— you need to learn about it and you need to know now.

Every intelligent person considering a part-time involvement or full-time career in MLM Network Marketing has three important questions they need answered:

1. Will this be worth it?
2. Can I really do it?
3. Will I have help doing it?

Of course, you will decide the answers for your self. The contributors, industry experts, corporate executives, leaders, million-dollar income earners and the men and women much like you building their own Network Marketing businesses every day know the answer from experience.

“If you knew what we know about Network Marketing,
you’d do what ever it takes to get involved today!”

We’ll share those people and their experiences with you on this website.

One… actually two, last things. The NEW American Dream Team and all of our contributors make you two promises:

1. We will never lie to you.
2. We will never knowingly ask you to do something that is not in your best interest.

Enjoy the site. Let us know what we can do to help you.

Thanks.
We appreciate you.
The NEW American Dream Team

PS. This website & TNAD Team do NOT offer any opportunity to enroll in a specific MLM Network Marketing business. If you need help doing that, we’ll do our best to point you in the right direction, but THAT IS NOT OUR JOB. This website is a “Recruiting Free Zone.” So, if you’re already a Network Marketer, “Leave your guns at the door.” This is a policy we will passionately watch over & enforce.

Also, we do NOT share your name & eMail ever. We do NOT collect & sell “leads.” The purpose of this site is education.

“It’s the economy, stupid” was a phrase in American politics widely used during Bill Clinton’s successful 1992 presidential campaign made popular by Clinton campaign strategist James Carville. In a recent piece in The Huffington Post, “The Truth About Unemployment – And Why It May Get Worse“, Silicon Valley Entrepreneur, Computer Engineer and Author of The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future, Martin Ford wrote the following:

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In the past two decades, information technology has advanced dramatically and is increasingly being employed to eliminate jobs of all types. Job automation technology, together with globalization, has been the primary force behind the stagnant wages and diminished opportunities for less educated workers we’ve seen in recent years.

As unemployment increases and wages fall, discretionary consumer spending and confidence will likewise plummet. The result will be a downward economic spiral that will be very difficult to arrest. Beyond some threshold, the business models of mass market industries would be threatened as there would simply be too few viable consumers to purchase their products. We would also likely see unprecedented levels of debt defaults, plunging asset values and financial system disruptions that might easily exceed what has so far occurred in the current crisis.

I believe that the impact of accelerating automation technology is likely to present an enormous economic, social and political challenge over the next ten to twenty years and beyond.

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All the more reason to take a sincere & serious look at what MLM Network Marketing has to offer you. And if now is not the perfect time for you to get involved… Just wait.

Let us know how we can help.
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Thanks.
We appreciate you.
The NEW American Dream Team