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Frobes Magazine...Trump & Kiyosaki made this comment to the press.
79,000,000 (yes million) Americans plan to start their OWN
businesses in the next 3 years (Forbes Magazine)
Both Trump and Kiyosaki recommend Network Marketing in their latest
book "Why we want you to be rich..
Both Trump and Kiyosaki BOTH say that if they had to do it all over
again, they would build their fortunes in THIS industry. (Oh! I
almost forgot, Warren Buffet also bought half dozen or so Network
Marketing companies last year.)
In fact in Trump and Kiyosaki's last book "Why we want you to be
rich." They dedicate an ENTIRE chapter to it! (chapter 25) This is
the only business opportunity model they wrote a WHOLE chapter on.
BUT!
Here are Facts about Network Marketing:
-Less than 1 out of 1000 people in this industry will ever
make 6-figures.
-90% of all business WILL fail within their first 5 years
(Entrepreneur Magazine)
-Over 30, Million (yes million) Americans have either
attempted Network Marketing or are currently involved in the
industry.
-Yet 90% make less than $10 a week.
WHY! WHAT ARE THEY THINKING? Why does everyone think this is an
industry of easy-riches when the reality is that most are failing
dismally?
It's simple: Over 90% of the money in this industry is made by the
COMPANY'S OWNERS and Trump, Buffet, and Kiyosaki know this! (Buffet
alone reportedly bought 7 network marketing companies in the last
year!)
They ALSO know something about LEVERAGE!
Most of the entrepreneurs are lured to this industry by dreams of
riches and easy money. A better lifestyle, less work, more free
time, nice cars, and lifestyle.
Yet the VAST majority will fail. Here's the long and short to these startling statistics: Unless you are joining a GROUP or TEAM that is REALLY going to show you the COMMON DENOMINATORS of their success, you are dead in the water. Most people don't realize that unless you are able to leverage the experience of the leaders on your team, you will go broke LONG before you ever make a substantial income. In the end the only people making the money in most companies are the owners themselves and a few people at the top. You will see exactly how you will will be able to leverage our hundreds of years of OUR collective experience.... (Why wouldn't we show you, we will be making a residual income - just wait till you get day 8!) This is the reason we have SO MANY consultants achieving the "impossible" is because they are able to leverage our HUNDREDS of COLLECTIVE years of experience in marketing LEGITIMATE STANDALONE PRODUCTS! This eliminate 90% of the learning curves and struggles that typically cause most people to fail and give up on their initial dreams.
All of a sudden, instead of this being a Money-Game, you are
selling something you can stand behind and be incredibly proud of using a marketing system that actually works!
This is a very important part of NOT becoming yet another STATISTIC.
Bottom Line: MILLIONS of people have failed in network marketing
and millions will continue to fail. However what the smartest
entrepreneurs will do is seek out the MASTERS! Other entrepreneurs
who have ALREADY mastered a multiple 6 and 7-figure income and they
will follow them and do as they do.
Think about it! What are YOUR chances of success if YOU were able
to solve EVERY variable and leverage the success of every
entrepreneur that went before you who is marketing at LEAST 30,000
a month?
An exciting opportunity
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It is my honor to help assist you for success.
Thank you for your time and hope to hear from you soon.
jlr
What we have to get straight in our heads is that owning the money doesn’t mean ANYTHING...
It’s the DOING with money that develops us - it’s not in the having. And when you have more, you’re enabled to DO more.
~ Jack Canfield
DID YOU KNOW? You might want too...
Today more than 4 million Americans work in a home business. The U.S. Department of Labor believes that half of all Americans will be working from home by 2025.
The US Census Bureau says more than 12 BILLION working hours per year are WASTED by people stuck in traffic on their way to and from work.
45% of workers in North America are deeply concerned they or their spouses will lose their jobs before they retire.
90% of all personal bankruptcies can be prevented with $300/month in extra income.
A home business can put $2,000-$5,000 a year back in your bank account thanks to business deductions on your tax return.
Most senior citizens are living below the poverty line.
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name="movie" value="http://www.youtube.com/v/l7x9VPKs1bg">......
New jobless claims drop slightly to 623,000
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Delicious Digg Facebook Fark Newsvine Reddit StumbleUpon Technorati Yahoo! Bookmarks Print By CHRISTOPHER S. RUGABER, AP Economics Writer Christopher S. Rugaber, Ap Economics Writer – 16 mins ago AP – In this Feb. 6, 2009, file photo Hunger Network of Cleveland volunteer Diane Zellmer, left, distributes …
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WASHINGTON – Nearly 5 million Americans continued to draw jobless benefits late last month, and new requests again exceeded 600,000 as companies lay off scores of workers amid a deepening recession.
In slightly better economic news, retail sales rose unexpectedly in January, reversing six months of decline and following a dismal holiday season. But analysts said the jump was unlikely to last, partly because of the weak job market.
The Labor Department said Thursday that the number of initial jobless benefit claims dropped to a seasonally-adjusted 623,000, from an upwardly revised figure of 631,000 the previous week. The latest tally still was above analysts' expectations of 610,000 claims.
And in a sign that laid-off workers are having difficulty finding new work, the number of people claiming benefits for more than one week rose to 4.81 million from 4.78 million, the highest total since records began in 1967. The continuing claims data lag new claims by a week.
An additional 1.5 million people are receiving benefits under an extended unemployment compensation program approved by Congress last year, bringing the total number of recipients to 6.3 million.
Continuing claims are up sharply from a year ago, when the figure was 2.7 million.
"The smaller-than-expected decline suggests that the recent spike in claims reflects a fundamental deterioration in labor market conditions rather than statistical noise," David Resler, chief economist at Nomura Securities, wrote in a research note.
Meanwhile, the Commerce Department reported Thursday that retail sales jumped 1 percent in January, defying expectations of a 0.8 percent drop. The rise in sales follows a 3 percent plunge in December, which marked the weakest holiday selling season since at least 1969.
But higher gasoline prices and sales, and buyers snapping up other items on post-holiday discounts appeared to aid last month's results.
"This is a big surprise, though the net rise in sales is less impressive than it looks because (December and November) were revised down by 0.3 percent each," Ian Shepherdson, chief U.S. economist at High Frequency Economics, wrote in a research note. "The headline relief today is welcome but it is unlikely to last."
Business inventories, meanwhile, plummeted in December by the largest amount in seven years as companies sought to cut stockpiles in response to the dismal holiday season. The Commerce Department said inventories dropped by 1.3 percent, far worse than the 0.9 percent analysts expected.
The financial markets fell on the news. The Dow Jones industrial average dropped more than 160 points in morning trading, and broader indices also declined.
The 631,000 new jobless claims filed two weeks ago was the highest tally since October 1982, when the economy was emerging from a steep recession, though the labor force has grown by about half since then.
The four-week average of claims, which smooths out fluctuations, rose by 24,000 to 607,500, the first time that figure has topped 600,000 in the current recession.
Economists consider jobless claims a timely, if volatile, indicator of the health of the labor markets and broader economy. A year ago, initial claims stood at 339,000.
Companies from a range of sectors are hemorrhaging jobs as the recession worsens. Consumers have cut back on their spending in response to declining home values and plummeting stock portfolios, and businesses also are tightening their belts.
On Wednesday, Boston-based money manager Putnam Investments said it would cut 260 jobs, or about 10 percent of its work force.
A day earlier, General Motors said it would cut 10,000 salaried jobs, or 14 percent of its white-collar employees. FedEx Corp. said Monday it is eliminating 900 positions.
Among the states, California saw the biggest increase in jobless claims, a jump of 20,000 that it attributed to layoffs in construction and service industries. The next largest increases were in: North Carolina, with 8,663; Ohio, with 4,738; Georgia's 4,392; and Kansas, with 3,232.
Virginia saw the largest drop in claims, a decline of 1,937, which it attributed to fewer layoffs in manufacturing. Drops of 1,000 or more also were reported in New Jersey, Missouri, Oklahoma and Connecticut.
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Who I'd like to meet: GOOD HONEST, FAITHFUL, PEOPLE WHO HAVE A DESIRE TO SUCCEED AND CONTINUE PERSONAL & SPIRITUAL GROWTH.
..
Total jobless benefit rolls top 5.5M
Total benefit rolls climb to record above 5.5M as new claims also rise
* Christopher S. Rugaber, AP Economics Writer
* Thursday March 26, 2009, 9:24 am EDT
*
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* Berkshire Hathaway Inc.
* , General Motors Corporation
* , Hospira Inc.
WASHINGTON (AP) -- The number of laid-off Americans filing initial jobless benefit claims rose slightly last week while the number of people continuing to claim benefits set a record for the ninth straight week, the Labor Department said Thursday.
A line of job applicants snakes through a ropeline to attend the CUNY Big Apple Job Fair Friday, March 20, 2009 in New York.
AP - A line of job applicants snakes through a ropeline to attend the CUNY Big Apple Job Fair Friday, ...
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The figures indicate that the labor market remains weak even as some other recent economic indicators have come in better than expected.
The Labor Department said first-time claims for unemployment insurance rose to a seasonally adjusted 652,000 from the previous week's revised figure of 644,000, slightly higher than analysts expected. A year ago, the number stood at 367,000.
The total number of people claiming benefits for more than a week jumped 122,000 to 5.56 million, significantly higher than analysts' projections of 5.48 million and the highest on records dating back to 1967. The continuing claims data lag initial claims by a week.
The number of continuing claims has increased by more than 100,000 four times in the past five weeks, an indication that workers are remaining on the rolls for longer as they struggle to land a new job after being laid off.
As a proportion of the work force, the number of people receiving benefits is at its highest level since May 1983, when the economy was recovering from a steep recession.
The total is nearly double the amount a year ago, when about 2.8 million people were continuing to receive unemployment checks.
And that number doesn't include an additional 1.47 million people receiving benefits under an extended unemployment compensation program approved by Congress last year. That tally was as of March 7, the latest data available.
Separately, the Commerce Department reported that the gross domestic product, the broadest measure of the nation's economy, fell at an annual rate of 6.3 percent in last year's fourth quarter, slightly worse than the previous estimate of 6.2 percent.
The recession drove the unemployment rate to 8.1 percent last month, the highest in more than 25 years. Many economists expect the rate could reach 10 percent by early next year.
The four-week average of initial claims, which smooths out fluctuations, dropped slightly to 649,000. Last week it reached its highest level since October 1982, though the work force has grown by about half since then.
More job losses were announced this week. On Wednesday, Shaw Industries Group Inc., the world's largest carpet maker and a subsidiary of Warren Buffett's holding company Berkshire Hathaway Inc., said it would close two plants in Georgia and lay off about 600 workers.
On Tuesday, pharmaceutical company Hospira Inc. said it would cut 1,450 jobs, or about 10 percent of its work force, while beleaguered automaker General Motors Corp. said it laid off 160 engineers, the beginning of 3,400 planned cuts among its salaried employees. GM has said it will cut 47,000 jobs worldwide this year.
New unemployment claims reach 26-year high
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Digg Facebook Newsvine del.icio.us Reddit StumbleUpon Technorati Yahoo! Bookmarks Print 38 mins ago AFP – US President George W. Bush, seen here on the South Lawn of the White House, acknowledged for the first …
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WASHINGTON – New claims for unemployment benefits reached their highest level in 26 years last week, as companies cut workers at a rapid pace.
The Labor Department reported Thursday that initial applications for jobless benefits in the week ending Dec. 6 rose to a seasonally adjusted 573,000 from an upwardly revised figure of 515,000 in the previous week. That was far more than the 525,000 claims Wall Street economists expected.
It is also the highest reading since November 1982, though the labor force has grown by about half since then.
The jump is partly due to a rebound in claims from the previous week, which included the Thanksgiving holiday, a Labor Department analyst said. Government offices were open for fewer days that week.
Still, the four-week average, which smooths out fluctuations, was a seasonally-adjusted 540,500, the highest since December 1982, when the economy was emerging from a steep recession.
The number of people continuing to claim jobless benefits also jumped much more than expected, increasing by 338,000 to 4.4 million. Economists expected a small increase to 4.1 million. The figure for continuing claims lags the initial claims figure by one week.
As a proportion of the work force, the number of people continuing to receive benefits is the highest since August 1992, when the U.S. was recovering from a relatively mild recession.
The increase in continuing claims was the largest jump since November 1974, the department said.
Economists consider jobless claims a timely, if volatile, indicator of the health of the labor markets and broader economy. Last year, initial claims were 337,000.
The economy has been hit hard by the ongoing housing slump and financial crisis, which have sharply reduced household wealth as stock prices and home values have declined. Consumers and businesses have dramatically cut back their spending. The National Bureau of Economic Research said this month that the economy fell into a recession in December 2007.
The Labor Department said last week that employers cut a net total of 533,000 jobs in November and the unemployment rate reached 6.7 percent, a 15-year high.
A number of large U.S. employers announced layoffs this week, including Dow Chemical Co., 3M Co., Anheuser-Busch InBev, National Public Radio and the National Football League.
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jlr
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