Peter Arnold / Canada
Joined: 29 Oct 2005 Posts: 139 Location: Atlantic Canada
|
Posted: Wed Jan 18, 2006 2:05 am Post subject: Sins Of the Past => a Way OUT |
|
|
Sins Of the Past => a Way OUT
Hello Business Associates:
As a Business and Financial Advisor in Canada, I receive many 'economic indicators' regarding the state of our two nations.
Here are a couple of highlights from a recent issue of 'Safe Money Report' - a leading Investment Survey Resource (now in it's 25th year).
---------------------------------------------------
=> The nations' consumers are feeling the pinch of outsourcing, disappearing jobs, and mounting debts. Until now, they've been single-handedly supporting the economy. But there are several signs indicating that consumers are finally slamming their wallets shut...
---------------------------------------------------
=> Unemployment and personal bankruptcies are skyrocketing. Personal bankruptcies hit a record high - 1.57 million individuals have filed for bankruptcy protection over the past 12-month period.
--------------------------------------------------
=> 8,786,000 workers couldn't find jobs last month. That's nearly a 10-year high. And the Help Wanted Advertising Index remains near its lowest level in 40 years. Clearly, hiring is weak. If you're afraid of losing your job, or are already out of work and having difficulty finding a new job, you aren't going to be too eager to go on a shopping spree.
==============================
OK, for what it's worth, here's my own call on these events of concern...
As we move forward on life's journey -- TIME -- will become our most valuable resource.
It is already our new currency. It is more important to our 'financial security' that we achieve a good return on our invested TIME -- than on our invested MONEY.
We're talking here about R-O-I (return on investment).
More and more, the new 'power paradigm' will be about BECOMING DEBT FREE - and investing our T-I-M-E -- which enables us to "take advantage" of brand new opportunities.
In the future, D-E-B-T will become one of the biggest OBSTACLES that keeps individuals from 'taking advantage' of opportunities. It keeps people in bondage -- it saps their ability to "create" time for opportunities. In fact, reducing debt first, is much more effective than earning more income -- because income is "taxed" -- and debt reduction dollars are "tax free". When that really sinks in, people will get very serious about living a debt-FREE life!
Back to 'taking advantage of' OPPORTUNITIES - - -
BUSINESS OWNERSHIP - This IS one of those opportunities (for those who are "cut out" for it).
According to Robert Kiyosaki, Business Ownership is THE ULTIMATE in being able to create complete Time Freedom (it's the "B" sector in his best-seller book - "The Cash Flow Quadrant") -- see LINK at the bottom.
History repeats itself. I believe we will see a new economy emerging -- that will be fueled by millions of SMALL BUSINESSES again. It's already starting.
NETWORK MARKETING (NWM) - worked from HOME - and tied to the INTERNET - ( i-Network Mktg ) brings this business opportunity to "millions" who have never considered it before. Personally, I see this as the finest 'business model' ever conceived -- IF -- built with the 'right' business / financial / marketing / ethical principles. I won't even get into the 'other rewards' it can bring.
As we emerge from the past 100 years -- and look to the future -- we will re-examine our definition of SECURITY. One truth will become very clear...
We are "only" secure when WE are in control of our OWN DESTINY.
This idea will create new industries, and fuel a renewed interest in Network Marketing.
In our current environment, a single income is now being replaced by an "income portfolio" -- which contains multiple, sources of income. A typical income portfolio now consists of -- 2 (or 3) SALARIES -- INVESTMENT INCOME (where possible) -- and SMALL BIZ // HOME BIZ Ventures.
THE #1 FINANCIAL STRATEGY - According to top US tax/legal expert Sandy Botkin - the burgeoning HOME BUSINESS INDUSTRY is IT. And it's becoming the 'selection of choice' for more and more BABY BOOMERS ( http://www.ReduceYourTaxes.tv/tax_report.htm ).
The concept of MULTIPLICATION (or compounding), is the single biggest factor in WEALTH BUILDING.
NETWORK MARKETING is "founded" on the idea of fueling multiplication -- to produce a "passive" (recurring) RESIDUAL INCOME -- something very few traditional businesses can offer.
We're also talking here of the power of LEVERAGE --something very few traditional businesses can offer -- the leverage of OTHER people's - efforts - time - resources.
A WAY 'OUT' - To sum up - as a Network Marketing professional - I personally see some healthy 'light at the end of the tunnel' - despite all the 'doom and gloom' out there (a lot!). That's because of a 'silent shift' that's taking place from the past - and it's gathering momentum...
Many of US in this industry have 'access to' some remarkable OPTIONS:
=> A chance to expand our INCOME PORTFOLIO (without needing a "3rd" job)
=> A chance for BUSINESS OWNERSHIP (without 'bankers' in our back pockets)
=> A chance for ENTREPRENEURSHIP (without needing lots of capital or an MBA)
=> A chance to HELP OTHERS (without leaning on charity or handouts or welfare)
=> A chance to truly, OWN our own lives (while creating a more prosperous future).
Thanks for the opportunity of learning here and sharing.
LINK (Kiyosaki) => http://www.richdad.com/pages/article_pipeline.asp .
Sincerely, Peter A.
http://www.PeterArnoldOnline.com
Peter Arnold, CLU, CFC // Founder
Business Achievers Academy // Canada
Thoughts On Success: http://www.YourFutureSuccess.biz |
|