Sunday, November 7, 2010

Dead, Dead Broke, or Still working at age 65...95% chance you will be!

Is America really the best country in the world to live in? Some people think so, some people know so. Do you ever wonder why so many foreigners come to America and become multi-millionaires? In America, we have political freedoms and economic liberty which is not often found in our world. In very few countries can you seek your own success! It's hard to believe and know this until you have traveled outside of the USA.

Sometimes we become victims of our own reality. Sadly, most people will never figure out how to become wealthy in the "wealthiest country in the world." A recent study shows that at age 65, 95% of people in the USA are either dead, dead broke, still working, on government assistance, or relying on their family. And, the scary thing is, THIS STATISTIC HAS NOT CHANGED SINCE 1955. Fifty-five years later, people are still working on that same formula that simply does not work. Go to school, get a degree, get a good job, and work for someone else for 40 years. Corporate America, with seemingly secure salaries, health benefits and retirement plans have gotten us these results. Do you know anyone who has lost basically everything after working for a company 10, 20, 30+ years and now has nothing to show for it? President Truman said, “Recession is when your neighbor loses his job and Depression is when you lose yours." Okay, Okay, of the other 5% left, 4% can take care of themselves, and only 1% are considered to be wealthy. These 1 percenters are the top salesmen, top executives, professional athletes, movie stars, and business owners. 74% of the 1% are business owners. It is safe to say, that for you to have a fighting chance in this life, you have to start your own business!

Choose to be an Entrepreneur. Entrepreneurs create jobs all the while pursuing their passions. According to the Small Business Administration, small businesses represent 99.7% of all employment, pays 44% of the total U.S. private payroll and creates more than half of the private gross domestic product. We fulfill the American dream!

Also, great news, there has never been a better time to become an entrepreneur! According to SUCCESS magazines July 2010 issue, at the beginning of the 20th century there were a mere 5,000 millionaires. By 1950 there were 100,000; 1980-1 million; 1990- 2 million! By the year 2000, that number had reached 7 million and today 10 million men and women are millionaires. And, that number is expected to double in the next 10 years. So, now is the time to “hitch your horse to a wagon”!

The company that I’m lucky enough to be a part of is breaking new ground with a proven success system, a life-changing product, and an executive team with over 100 years of industry experience! These leaders are the guys that have “been there, done that”. I can’t begin to explain or give justice to the caliber of people I get to work with and learn from daily. Many of them are multi-millionaires, philanthropists, and stay at home moms and dads.  I truly believe in the power of associations. Pick great friends and you will get great results. Pick lousy friends and you will end up a lousy person with lousy results! Success is a choice.

4 comments:

  1. This is crazy, the more you learn about this the better it gets! Trent is the man to learn from, he is such a sharp guy! :)

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  2. I just like your blog....Schools each everything else except this sentence.
    " There is only one person who can create or design an Extraordinary life for you, It's the person sitting in your chair."

    SAM

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  3. So true. I have heard this many times as well.
    I am looking for the recent study that was done to prove this though. Can you provide me with the think? Would be greatly appreciated! Thanks.

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  4. @kdarvasi, thanks for the comment, I have heard the statistic is from the Social Security Administration from several world renowned speakers. I tried looking it up through the Soc Sec Admin and was unable to locate it! Maybe they didn't want the stat online :)

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