W ill you be one of the 10 million millionaires which will be created over the next 10 years? Well from what I've been reading, it really boils down to your current mindset....and how quickly you take action. But I guess your wondering how can I make such a seemingly outrageous claim. ....
About a month ago I read a special business report titled "The Dawn Of The Entrepreneurial Golden Age" written by Vic Conant, Chairman of Nightingale-Conant . Now in this report, Leading Global Economist Paul Zane Pilzer has been able to pinpoint an 18-month window where economic conditions will be perfect for existing entrepreneurs as well as brand new entrepreneurs to drastically grow their business.
- He started off the report by saying what we all know is true... right now there are people hurting and struggling because of tough times and the truth of the matter is, times are only going to get tougher for some because of the current global large-business meltdown.
- New Technologies are dissolving large corporations. " If your are working for corporate America in one fashion or another ( and I'm talking about the entire supply chain downstream from the big boys)...then someone out there, right now is trying to figure out how to do your job faster and less expensively". But there is good news for those of us who have decided to (change the way we have been thinking in the past). 10 Million New Millionaires will be created in the next decade, and here's how. (the following came from another article by Paul Pilzer - The Next Millionaires )
The Emerging Industries Of Wellness And Direct Selling
In this article Mr. Pilzer says people don't often grasp the meaning of billions and trillions. They
aren't really concerned about "the economy"-they are concerned about "their economy". People are searching for the answer...."What can I do in this new economy to succeed, to take care of myself and my family.
Since 1991, U.S. household wealth quadrupled from $13 trillion to about $52 trillion in 2005. Reading such figures, you might say, "That's interesting..that sounds like good news." But it becomes very personal when we look at what this actually means to individual entrepreneurs who are involved in the most economically vibrant emerging new industries.
There is something very different about this enormous increase in household wealth - something that has never happened before, and which has significant implications for people's individual lives: This growth is occurring not only among an exclusive group of the already-rich, but throughout a broad demographic that includes millions of "ordinary people." I call this the "democratization of American wealth." Let's take a quick look at how this works, and then see some of the most powerful ways to ensure that you can be part of this exciting trend.
The Democratization of American Wealth
In 1991, there were 3.6 million American families with a net worth of $1 million or more. Today, there are more than 10 million such families and we are adding new millionaire families at the rate of one million per year. Over the next 10 years, as U.S. household wealth doubles to $100 trillion, at lease $10 trillion of that new wealth will represent new entrepreneurs coming to the table. That $10 trillion represents another 10 million new millionaires.
A great opportunity lies ahead, not for just a chosen few, but for literally millions of "ordinary" people, individual entrepreneurs who were not born into wealthy families, but who choose to apply themselves in the new and emerging industries where this new wealth is being created. Two of the stronger emerging industries where this growth will occur are wellness and network marketing.
Wellness Industry
Products and services provided proactively to healthy people-that is, those without an existing disease-to make them feel even healthier and look better, to slow the effect of aging, or to prevent diseases from developing in the first place..
Mr. Pilzer goes on to say that he actually stumbled upon the wellness industry in the 1990's when he had an experience with his own health. Amazingly, for 10 years (against medical advice), he had put off getting expensive knee surgery. He started taking a dietary supplement called "glucosamine"-and within a year, the cartilage was repaired. The Surgeon was positively amazed when he examined the x-rays. He no longer needed the operation.
This experience piqued his interest and he began researching things like organic foods, alternative medicine and anti-aging therapies. He soon came to an amazing conclusion: This new and emerging industry, which only a decade earlier had hardly existed, was already a $200 billion business. Today, for example, this sector spends more than $70 billion annually on vitamins and food supplements.
Who Spends That Much On Vitamins And Supplements?
Mostly Baby Boomers: Prosperous people from the ages of 40 to 60. Baby boomers are the first generation in history who refuse to blindly accept the aging process. They are also a powerful economic force; they represent only 28 percent of our population, yet this group and their spending represent 50 percent of our economy. Today, boomers are starting to buy things that are actually make them younger in terms of having a healthier body, more acute senses and a sharper mind.
Network Marketing and Wellness
As Mr. Pilzer began exploring the fascinating new industry, he says he found himself asking a very basic question: How are people learning about all these new approaches to their health and fitness?
It Certainly was not through their doctors. Doctors, hospitals and pharmaceutical companies are mostly part of the "sickness industry" because, until recently, most scientists and public policy leaders viewed wellness or preventive care as "quackery". However, today, there are numerous scientific studies which have validated what a few million Americans seem to have known all along: There are hundreds or thousands of efficacious treatments to make people feel healthier, to slow the effects of aging, or to prevent diseases from developing in the first place.
The best way to learn about wellness is through someone close to you who has had a wellness experience. You see your college roommate and go "My Goodness John, you look great! You look so healthy...what did you do?" You actually bump into a wellness experience and start to find out that there is a whole wellness industry out there, with all sorts of new products and services.
Distribution in the New Economy
The fortunes that will be made today and in the years ahead will be made by those who are involved in teaching people about new products and services that they either didn't know existed or didn't know were now affordable. Intellectual distribution, as opposed to physical distribution, is where the greatest fortunes are being made today and will continue to be made for at least the next 10 years.
Manufactures today report that the greatest bottleneck they have is not in creating the next great new product; it's how to reach people and teach them that theses new products exist.
Network Marketing in the Years Ahead
Mr. Pilzer says that one of the most exciting things he is seeing about the new crop of 10 million millionaires is that they are more often teachers at heart, rather than conventional businesspeople. They are people who learn about a new product or new service and adopt it for themselves and their families- but they don't stop there. They then go out and teach new people what they just learned.
Network marketing has grown steadily over the last 20 years, increasing 91 percent in just the last decade. With more than 13 million Americans and 53 million people worldwide involved, it is now a $100 billion global industry. Yet as impressive as this is , it's not hard to see that the real growth in this business model has only just begun. Network marketing is already a force to be reckoned with-but it's growth will explode in the coming decade.
The Home- Based Business Boom
He further goes on to say that the advent of intellectual distribution is one reason that network marketing offers such a favorable opportunity, but it is not the only reason. Another powerful factor is the current boom in home-based business. Only 20 years ago, people who worked from home were immediately suspect, as if that implied there was somthing wrong with them, that they couldn't get a "real job" Today, the sharpest and richest people we know are the people who work at home.As a home-based entrepreneur, you can now do business far better than someone who's working in a large company and has to deal with the overhead. The big companies just can't innovate fast enough.
Healthy Family, Healthy, Healthy Economy, Healthy Society
In the new economy, the sheer quantity of compensation is no longer enough. More and more, we have come to realize we also want a certain quality of compensation. We don't simply want money; we want lifestyle. Today, more and more people don't want to spend their time chatting with other workers in the office-they'd rather spend that tine with their spouse or their children. They rather get their work done in a few hours, and then get back to the business of being with their families. For these people, a home-based business today is both a more efficient way to work and a lifestyle choice.
A "Perfect Storm"
In many ways, wellness and network marketing are natural sister industries. Mr. Pilzer states that wellness is rich in the kinds of new technologies that are best learned person-to-person. Also, it is often the same quest for a better quality of life that finds expression both in exploring wellness and in pursuing an entrepreneurial, home-based business. A convergence of forces enabling entrepreneurs to create a satisfying lifestyle, and-at the same time-tremendous new wealth -that's the "Perfect Storm!"
You don't need a crystal ball to have a glimpse of what the future holds for those who take action ...watch the video below
The Benefits Of Starting Now!
Over the next 10 years, the U.S. economy will create 10 million new millionaires. You have the opportunity to start now and become one of them. You should do so not only for the benefits in health and happiness to yourself and your family, but also because you will be adding to our economy while you also add to the wellness and personal fulfillment of many others. In so doing, you will be contributing immeasurably to your community, your nation and the world.
Resources: Special International Business Report - "The Dawn Of The Entrepreneurial Golden Age " Nightingale-Conant.....http://www.nightingale.com/offers/The-Entrepreneurial-Challenge1.html?promo=INPLIT9404
"The Next Millionaires" - http://www.paulzanepilzer.com/tnm.htm
Paul Zane Pilzer " The Next Trillon" - Google Videos
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