|
|
|
| Step1
- The road to financial freedom is to
have great health so that you are in good shape
to learn.
|
| Step
2 - An open mindset to start learning
and practicing what you have learned. |
| Step
3 - Investing your time in your
financial & health education so that you
are in control of your life to create wealth to
enjoy a better life.
|
| Step
4 - Enjoy the wealth that you have
created because you have been taking care of
your health.
|
Choose To Be Rich
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
| |
|
| |
WHY
NOW IS THE BEST TIME TO CHANGE
A friend I flew with in
Vietnam called me the other day. He said, "I've
been laid off again. What do I do now?"
Jim and I went through flight school and
Vietnam together. When we returned to the states, he
got a job as a pilot with the airlines and I began
building my business. Jim was absolutely in love with
his work. He loved flying and the company he worked
for. Unfortunately, the company was with Pan American,
which for those of you who are old enough to know that
Pan Am went out of business, even though it was once
the number one airline in America. After five years of
taking odd jobs, he finally was
rehired by an airline whose name I will not mention,
because it is still in business today, but just
barely. This is the airline he was laid off from.
"I'm 53 years old." said Jim. "I
still have two kids in school. I have nothing saved
for retirement. And worst of all, how am I going to
find a job that pays me $85,000 a year, especially
when all I know is to be a pilot?"
Job
Security Is An Obsolete Idea
For those of you who have read my books or come to my
seminars, you may know what I think about the idea of
job security. I have said it for a year, "Job
security is an obsolete idea." The reason I say
this is because the issue of job security was the
issue for my parents, the World War II generation. My
parents grew up in the Depression and to them, just
finding
a job was a challenge, so when they found one, they
clung on to it for dear life. Once they retired, they
did not have to worry because the government pension,
Social Securiy and Medicare were there to take care of
them once they were through working. We do not have
that luxury.
For those born after the WWII generation, job security
is not an issue. The reason I say job security is not
an issue is because there are plenty of jobs. Always
remember that McDonald's is always hiring. I still see
help wanted signs everywhere. So the problem is not
finding a job. It is long term financial survival. For
my friend Jim, a well-educated, highly skilled man,
hard working man, the question is, where is he going
to find another pilot's
job that pays him what he needs when the airlines
today, are downsizing? How will he continue to pay his
mortgage, pay for his kid's college education, and put
enough aside to retire on?
When Jim asked me for advice, I said, "After you
find a job, this time why not start a part-time
business?" "What kind of business?" he
asked."Why not build a network marketing business
in your spare time? Why not build something you
control and you own?" "No, no way." He
said. "I just want a high paying job. I want to
fly again. I'm not interested in network marketing.
But thanks for the advice. I'll call you back when I
find a new job with another airline. I love flying and
that is all I want to do."
Lifetime Job
Security Is Over
Jim has not called back. It has been almost three
weeks. Obviously, he did not like my advice but for
you, I would like to give you the reason I offered him
that advice. As I write, President Bush is in China
and our military is in Afghanistan. If you cannot see
the writing on the wall, let me open your eyes. The
days of lifetime job security and your mutual funds
going up by
20% per year are over. If you think your mutual funds
will carry you after you retire, I think you had best
make other plans. Why? Because what has just happened
to my pilot friend Jim, will be happening to millions
of people. The idea of high paying jobs and pension
funds that increase by 20% per year is an obsolete
idea. America is at war, battling an invisible enemy,
an enemy without a country. On top of that, China is
expected to pass the U.S.
as a world financial power in less than ten years. It
does not take a crystal ball to see that there will be
plenty of jobs in America, but fewer and fewer will be
high paying. Why? Because the chinese are smart, hard
working, and willing to be paid less... much less.
Jack Welch, the retired CEO of General Electric said
recently, "20% to 30% of what is produced in
America will soon be produced in China." In other
words, in order to compete with China in the world
economy, we must produce for less or lose. Highly
skilled pilots like my friend Jim need to work for
less, if they want to work. Pilots need to work for
less, many other professions will need to work for
less and produce more in order to survive.
If you have been watching the news, between the
stories of Anthrax and President Bush in China, you
may have caught a glimpse of Bill Gates and other
American business leaders shaking hands with the
Chinese. Let me say this, these leaders of American
business are not there because they like Chinese food.
Network
Marketing Is The Business Of The Future
The reason I suggested that my friend Jim start a
network marketing business on the side is because
becoming a business owner is a very wise strategy,
especially at this time in history. Starting your own
business gives back some control over your life. If
you think your boss or company can protect you from
the geopolitical forces that are at play today, I
think you need to rethink that thought. There is an
old song that said, "For
you better start swimming or you'll sink like a stone,
for the times they are changing." Our leaders are
in China, not in the war zone. That should tell you
how much things are going to change and change soon.
The reason I recommend network marketing is because
network marketing is the business of the future. Back
in the late 1990's, it was often difficult to talk to
people about network marketing when the economy was so
strong.It was hard to talk to people about network
marketing when their mutual funds were going up by 20%
per year. But those days are over. If you ever wanted
to get ahead of the curve, now is the time to open
your mind
and look at this business of the future. Now is the
time to talk to people when they too are looking for
new answers and new ways to find true long-term
financial security. A network marketing business is
one of the asset classes. It is a business. If you
work hard and build the business, that business will
give you the excess cash to acquire the real estate
and stocks that will give you true long term financial
security...security you can
pass on to your loved ones. You can't do that with
your job, no matter how secure it is.
My friend Jim the airline pilot is also a casualty of
the September 11th event. The problem is, he is not
willing to make changes. My prediction is that for
employees who are well educated, well trained and
ambitious, the next few years will be tough ones. Why?
Because well educated, ambitious, high paid employees
are often the first to be downsized and once
downsized, they often find it harder to find a job at
the pay scale they were used to. In the Industrial
Age, if you were well educated, hard working and
experienced, you were desirable. In the Information
Age,
experience and age are liabilities, not assets. So
with each passing year, it gets harder to re-enter the
job force and find a high paying job in the new
economy. As my rich dad often said, "The rules
have changed. If you want to do well, change with the
rules." Unfortunately, we are in time of crisis.
None-the-less, for the brave at heart, now is the time
to make changes, changes that will give you life time
financial security which is far
better than job security.
By Robert Kiyosaki
|
| |
|
|