About This Blog

Hi. Welcome to my blog! I originally designed this blog to share my experiences in the world of network marketing. If you look back over the posts, you'll see it has evolved over time. I explain the evolution of my blog in the post on niche widening. I decided to leave the old posts so that readers could get a sense of what I was describing in that post. I hope you enjoy my entries. Comments are always welcome, as are e-mails to theameriskeptic@gmail.com.

Saturday, June 5, 2010

The financial state of Americans: "People who are wealthy use money to build wealth, people who are not wealthy use money to buy things." -Donald Trump

Apparently 56% of people in the United States make $26,000 a year or less, and the average person over the age of 65 has less than $10,000 in the bank. Scary! Do you know most people will spend money--even money they don't really have (i.e., credit) to buy fancy cars, televisions, gaming systems, etc., but these same people will not spend or borrow the same amount of money to invest in a business? Yet a lot of people say they want to go into business for themselves--to gain financial independence, to release themselves from the daily grind. Most people don't know where to start, and are reluctant to make an investment under those circumstances. Network marketing is a way to help more people obtain this goal, with limited financial investment. (At least in AmeriSciences, the investment is much less than a typical business.)

In the training, they talked about the book "Rich Dad, Poor Dad" and the four quadrants of wealth/work that people fall into. Most people are employees. Many of these people would like not to be employees. Several break free to move into the next quadrant, self-employed, only to find that their business runs them, instead of the other way around. I started AmeriSciences somewhere between the first two quadrants (part employee, part self-employed). Financial independence comes in the next two quadrants--business builder and investor. The idea behind network marketing is to help people move from the quadrant they are in to the quadrant the want to be in.

Ask most people the following three questions (from AmeriSciences leaders), and what answer do you think you'll get?

1-How much money have you saved and invested for the last five years?
2-How many books have you read over the last 90 days that will help you advance?
3-How many classes have you taken?

My bet is you'll average 0 (or close to it). We live in a hear-and-now society that gives little thought to the future. Most people want to build their future, but don't know how.

As a solution to #2, they recommended the following books, which I need to check out:
"Think and Grow Rich" by Napoleon Hill
"The Richest Man in Babylon"

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