The NEW American Dream

Archive for the ‘The Economy’ Category

This past Friday (June 24, 2011), this  “Special Supplement to The Wall Street Journal by Direct Selling News” appeared in 1.2 million copies of the prestigious business bible.

The cover of the handsomely put together piece states,

“In 2010, direct selling companies generated over $125 billion in revenue in 150 countries through more than 75 million men and women who are changing lives serving others. This is the story of direct selling.”

More than worth-the-read, this is required reading for anyone already in or interested in Network Marketing Direct Sales.

Click the title link for the 40 page PDF: The Ultimate Social Business Model

Thanks to Ted W. Nuyten of www.BusinessForHome.org for the turn on.

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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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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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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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Increased life expectancy, decreased pensions and Social Security benefits add to the challenge.

In the January-February AARP buy cheap Motilium online Bulletin, CEO A. Barry Rand, wrote his Where We Stand column about “Facing the Challenge of Turning 65.” In the piece Rand pointed out that the first of the 78 million Baby Boomers began turning 65 on January 1, 2011 and they will adding another 65 year old to their numbers every eight seconds— more than 10,000 every day— for the next 18 years. By the time the last of the Boomers turns 65 in 2029, the 65+ population of the United States will have doubled what it is today.

“Add to that,” Rand wrote, “the fact that people turning 65 today can expect to live another 18 to 20 years, and the implications are staggering.”

Although as he points out, Boomers are generally optimistic about their future and “see their best years ahead of them,” millions of Americans are struggling. The first boomers are reaching 65 at a time when:

• their retirement savings have been decimated by the Great Recession;

• their pensions are vanishing;

• the value of their homes has decreased substantially;

• workers are still losing their jobs, and finding new work is a struggle;

• health care costs are rising and more doctors are refusing to see Medicare patients because of an unstable and flawed payment system; and

• the president’s fiscal commission is proposing to cut Social Security, Medicare and Medicaid — and shift more of the costs to people 65-plus — when they need it most.

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The NEW American Dream Team is committed to leading a revolution in the way people view and live by promoting a greater awareness, understanding and participation in Network Marketing. With 10,000 people turning 65 every day now for the next 18 years, Network Marketing provides one answer to the growing problem of how older people will be able to afford to live their lives.

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

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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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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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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>.

Excerpted from Robert Kiyosaki’s book, The Business of the 21st Century.

Now that layoffs are rampant and everyone is worried about what the future holds, millions of people are soberly reevaluating their finances and realizing that if they want to have a secure future they can count on, they’re going to have to come up with a Plan B. People today are hungrier than ever to earn extra money, and because of that, they are more receptive and more inclined to open their minds to new avenues.

In fact, this was true even before recent economic meltdown. Ever since the 80′s, and especially since the turn of the century, the drive to control our own economic futures has been building. Here’s what the U.S. Chamber of Commerce said in 2007 report titled Work, Entrepreneurship and Opportunity in 21st Century America: “Millions of Americans are embracing entrepreneurship by running their own small businesses.

72 percent of all adult Americans would rather work for themselves than for a job, and 67 percent think about quitting their jobs “regularly” or “constantly.”

Now, I’m no economist, but I know someone who is: Paul Zane Pilzer.

Paul is a wiz kid, was Citibank’s youngest-ever vice president, and left the banking world to make millions going into business for himself. He’s had a few New York Times best-sellers, predicted the Savings & Loan crisis before it happened, and served as an economic advisor to two presidential administrations. He’s someone worth listening to.

Paul talks about a 180-degree shift in cultural values around the nature of career paths, with the conventional corporate-employee career structure giving way to the entrepreneurial path.

“The traditional wisdom in the second half of the 20th century,” says Paul, “was to go to school, get a good education, and go to work for a large company. The idea of going into business for yourself was most often regarded as risky. Admirable perhaps, but risky … and maybe a little crazy. Today it’s completely the other way around.

Paul’s right. That U.S. Chamber of Commerce report I mentioned also refers to a Gallup poll finding that 61 percent of Americans say they would prefer to be their own boss. Another poll, this one by the Fresno research firm Decipher, found that 72 percent of all adult Americans would rather work for themselves than for a job, and 67 percent think about quitting teir jobs “regularly” or “constantly.”

And it’s not just about making a living: it’s also about the quality of how we’re living.

People are waking up to the fact that they want more control over their lives. They want to be more connected to their families, be in charge of their own time, work from their homes, determine their own destinies.

In that Dicipher study, 84 percent of the respondents said they woud be more passionate about their work if they owned their own business. The No. 1 reason they gave for wanting to work for themselves?

“To be more passionate about my work life.”

What’s happening is that the 20th-century myth of job security, with it’s promise that the path to a long, happy fulfilling life is to find a job working for someone else is crumbling before our eyes.

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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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What’s America’s #1 export?

You’d think that was a well-known and established fact, yet curiously, there is NO definitive answer. Candidates for the title include: Wheat grain, military and defense “products,” entertainment (films, the arts, sports, television products & programming), software, debt… and recently our #1 export to China has been waste paper and scrap metal.

Here’s our (surprising?) prediction for the future:

In the next 5 to 10 years, Network Marketing will
become the U$A’s leading export to the world.

You “heard” it here first. <smile>

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BLUE CHRISTMAS FOR FLEDGLING ECONOMIC RECOVERY
By Irwin Kellner, of MarketWatch

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Unemployment is up, employment is stagnant, taxes may rise and 2 million people are about to lose their jobless benefits — so what is there to be merry about?

There’s no place like home for the holidays. And that’s where many shoppers are remaining, much to the consternation of the nation’s retailers.

The way things are going in Washington these days, merchants are hoping for the best but bracing themselves for nothing more than a lump of coal in their Christmas stockings. After all, how can you expect people to spurge if they are concerned about jobs, unemployment benefits and taxes?

Especially worried are those retailers that ordered lots of holiday goodies, thinking that the worst was over and that the economy was picking up. In a narrow sense, it is — at least according to the umpire of the business cycle. But out there in the real world, most people think that we are still in a recession.

You can’t blame them.

The jobless rate rose to 9.8% in November, the highest rate since last April, at a time when it should have been falling.

To make matters worse, private-sector payrolls rose a paltry 50,000 last month — 40,000 of which were temporary workers.

This does not do much for people’s confidence. Those few who did find work in November are obviously worried that it may not last. And then there are the 15 million who are out of work, among them 6.3 million who have been jobless for 26 weeks or longer…

> Source: MarketWatch. To read the entire article, click here to go there.

You still have time to give yourself and your loved ones the Holiday & Holyday gift of a brand new life for 2011. Please, take a sincere & serious look at the possibilities for you in Network Marketing. It’s not the only way… We just don’t know a better one!
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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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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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