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I'm speeding speeding speeding five four
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three two one
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the world is changing faster than ever
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what used to take decades is now taking
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years or even months what you see right
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now is the illusion that people have had
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for many decades and about the workplace
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being the secure place to work the rest
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of your life for the first time in the
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history of our nation our children will
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not do so as us we've seen our friends
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get laid off we've been laid off we've
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had our pay cut people are overworked
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and underpaid they seem to have less
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time and less freedom they live under
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constant pressure this is going to be
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forced and so even if your employer
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loves you make named after country
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there's something wrong that on Monday
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morning the heart attack rate increases
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by 35% technology is accelerating job
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Security's declining just doesn't seem
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like the old models of making a living
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ours reliables they used to be every
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aspect of our lives there's a better way
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out there but we still doing it the old
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life we live in the greatest country on
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the planet and there are a lot of people
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sitting around complaining and being
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cynical like everyone's whining about
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this old model and that I'm like once
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you leave it look at all this over here
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look at all this opportunity since so
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much of our lives revolve around our
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work and the way we make our living many
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people are thinking there just has to be
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a better way the biggest challenge
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facing our world today is not making
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money is what are we going to do with
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all the displaced unemployed people are
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afraid that they're going to make the
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wrong decision people are afraid of the
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unknown people are afraid that maybe I
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don't have the skills hey sports fans
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Industrial Age is over it's dead it's
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dying
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that's why going to school to get a job
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is an obsolete idea of steady paycheck
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is an industrial age idea
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it's the search for answers that has
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brought us here together today my name
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is Eric worry
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and for almost 30 years I've been an
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entrepreneur struggling at times but
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ultimately succeeding as a best-selling
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author speaker and business owner I've
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spent my entire career helping millions
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of people around the world to become
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entrepreneurs and I believe strongly
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that there is in fact a better way when
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it comes to how we make a living the
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career landscape has changed
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dramatically and many are still working
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in a model that is completely out of
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date what worked for previous
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generations isn't working as well for
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people today in this film we're going to
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explore three important questions first
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what's really going on in our working
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world today second in this new economy
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is it better to become an entrepreneur
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or is it safer to work for someone else
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and third if a person decides to become
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an entrepreneur and start their own
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business how can they do it without
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taking on massive risk to help in this
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journey I've brought together some of
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the greatest experts and thought leaders
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in the field of entrepreneurship to
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share the real facts with you my
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intention is to give you new information
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that will allow you to make choices that
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are not limited by an old outdated model
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let's start by understanding what's
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going on in our working world today
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let's look at unemployment 30 40 percent
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of the people are honestly not working
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but would be working what our government
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does is if you haven't found a job in
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six months we don't call you unemployed
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we pretend you dropped out of the labor
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force I've often said that unemployment
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particularly structural unemployment
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that's unemployment due to technological
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changes is the first sign of economic
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growth
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thank you for 10 people live in an
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island they go out everyday and fish one
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day new technology shows up a missionary
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brings them a net now using the net one
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pilots the boat one throws the net two
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fishermen can do all the work 10 years -
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that's a 500% increase in productivity -
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doing the work of 10 in one day you
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don't have to learn a lot to learn how
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to throw a net instead of throw a
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fishing line Dan's got a big problem 80%
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unemployment but the island still has
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all the wealth of the fish because the
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two people produce as much fish as
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tended now of course looking back in
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history these changes used to take
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thousands of years and during that time
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we went into farming and transportation
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some of us became doctors and some
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teachers and lawyers and we developed
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all these new professions and new
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manufacturing jobs today these changes
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are occurring literally in one day when
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a new technological advance occurs and
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we don't have the social structures to
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deal with it or to retrain the
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unemployed people so one of the things
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that I think is interesting as I travel
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across the country and really travel
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around the world is the way that we work
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and the way we get paid for work is
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changing pretty dramatically on a global
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basis everything is being turned upside
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down because of the rapidly advancing
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technologies they are eliminating many
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jobs and we have been left with many
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people not prepared for the jobs that
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exist a lot of demand in public
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companies was to squeeze out all the fat
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and to get just as much margin as we
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possibly could and fat equals humans so
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this idea of job security and
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information it is so obsolete but it's
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still taught inside our school system
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and that's where the problem starts
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there's no financial education at
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schools
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and people are still trained to be
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employees work for that paycheck this is
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a chart on the middle class what's
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happening in the middle class those who
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went to school their incomes have been
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coming down for years and parents still
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say the kids go to school get a job now
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what happens to all those middle class
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people who are dropping off the ends of
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the off-the-chart well they become
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what's called working poor and this is
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what happens to working poor but they
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say poverty is ending well poverty may
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be ending but working poverty is going
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up and this is food stamp usage so food
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stamp usage in America is going through
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the roof right now because people cannot
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earn what they call a living wage most
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people have experienced financial
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pressures that I think are probably
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greater than they have been in the past
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if you're not working for yourself then
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it's going to be a pretty hard road for
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a lot of people today if you're going to
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control your future the 40/40 plan is
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gone where you can graduate from college
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and get a job and work for 40 hours a
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week for 40 years that day is gone so
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some of these charts actually tell you
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what's going on and this is a really
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interesting one you know people are
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going back to school because if I go
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back to school I'll get a nice job but
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this is what's happening - it's called
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Sallie Mae which is the student loan
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case student loan is going through the
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roof it's now over a trillion dollars in
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student loan debt is worse than credit
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card debt so when people stopped using a
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credit card the government got people in
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to sell or student loan debt as to the
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problem with student loan debt you can
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never be forgiven see with credit card
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debt you can declare bankruptcy and
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all's forgiven
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but student loan debt you can take
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declare bankruptcy he's too old
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it's them is the worst of all debt but
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this in the next picture look at this
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chart here this is what's happening to
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wages of college graduates it's going
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down so you go to college you rack up
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all this did but you weren't less money
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now that's not that intelligent average
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person who's been working a lifetime in
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America today is ending their lifetime
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at 65 with about 41,000 dollars in
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assets they earned just enough to
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survive I think in the United States we
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have something like 17 trillion in in
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debt that's just a federal government
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debt we got another two and municipal
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and in other let's call it almost twenty
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trillion government we've got 40
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trillion in private debt that comes up
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to close to 63 when you then add
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something we never had before what
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you're talking about when we look at the
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unfunded portion of Social Security and
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primarily Medicare Medicaid that it the
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most conservative estimates from outside
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firms kleiner perkins 67 trillion and
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growing that's it that's more than all
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our other debt there's less conservative
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estimates that say it's 84 trillion or
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higher I added up conservatively 127
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trillion dollars in total debt debt is a
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financial drug when you take it to
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excess it's like taking a drug yeah it
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makes you feel better it enhances your
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performance but if a huge cost
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eventually kills you and and so that's
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what happens we keep doing more and more
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debt and you get less and less results
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just like a drug until the debt gets so
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high that it crushes the whole system
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that's where rap 8.2 times GDP you know
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I feel sorry for I feel sorry for the
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person who dreads going to work who is
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sick to their stomach on Monday morning
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who hates their alarm clock who gets a
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little glimmer of hope on a Wednesday
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because it's hump day and says thank God
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it's Friday and they live for those two
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days a week where they get to be
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themselves and give they don't have to
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be around people they don't they don't
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like and they don't have to play the
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political game in the office and they
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don't have to live this half life the
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that works 50 weeks a year just to be
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able to have the two weeks for vacation
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and you know what happens to most of
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them nowadays they don't have a vacation
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they have a staycation they have time
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off of work but they don't get to go
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where they want to go because they're
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overextended they've got all this debt
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they got on this situation they hate
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their alarm clock there they can't sleep
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until they're done they have to spend
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most of their life in traffic I feel
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sorry for that group of people because
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there's a better way they just don't
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know it I see this really interesting
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attempt at rugged individuality in a six
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by eight rectangle and I feel like
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you're all the same except for the
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little pushpins of the pictures there's
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different pictures yours name Jenny and
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this is named sue Jarrah
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but it's the same people and this is how
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they are and they're just like the
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zombies and there's no joy in there
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there's no fun there's always like the
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wacky woman who decorates our cubicle
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and that's that's the most she can do
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there you got to get her credits write
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that with a wacky cubicle woman the
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basis for their life is worried and I'm
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worried you know maybe I'll get fired
275
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I'm worried maybe my company will go out
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of business I'm worried I can't keep
277
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split spinning the plates on paying the
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bills I'm worried about how do I send my
279
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kids to college I'm worried what if the
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transmission of my car breaks that's
281
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no.23
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I can't fix it people live in a in a sea
283
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of worry and it eats at them those signs
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that people held up during the
285
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Depression
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didn't say looking for a gainful
287
00:11:22,560 --> 00:11:24,720
employment in a cubicle instead looking
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for work work is what we're looking for
289
00:11:27,450 --> 00:11:29,610
a job is just a unit of measurement work
290
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is what we're going after it's time to
291
00:11:31,500 --> 00:11:33,540
look in the mirror and say it's not the
292
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economy it's my economy it's my little
293
00:11:36,000 --> 00:11:38,340
world where I am I need to improve I'm
294
00:11:38,340 --> 00:11:39,960
not going to wait for the economy to
295
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come back because frankly the economy is
296
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doing great in this country so I'm here
297
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on Wall Street the financial center of
298
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the universe the
299
00:11:48,150 --> 00:11:50,910
natural capital of the world this is
300
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where most people's money goes to at
301
00:11:55,500 --> 00:11:58,500
least be held for a time right with
302
00:11:58,500 --> 00:12:00,860
interest rates in banks being
303
00:12:00,860 --> 00:12:03,810
effectively zero and many experts are
304
00:12:03,810 --> 00:12:05,400
predicting it's going to stay at zero
305
00:12:05,400 --> 00:12:07,920
for the next ten twenty even thirty
306
00:12:07,920 --> 00:12:11,220
years people feel like they don't have
307
00:12:11,220 --> 00:12:14,580
any choice but to put their future into
308
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equities to put their future into the
309
00:12:17,040 --> 00:12:19,800
hands of other people on this stock
310
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market and hope that the stock market
311
00:12:23,250 --> 00:12:25,050
goes up hope that the stocks that their
312
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advisors pick or that they pick goes up
313
00:12:28,760 --> 00:12:31,350
that's one way to go I guess
314
00:12:31,350 --> 00:12:35,370
it's my personal belief that if you put
315
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your future into the hands of yourself
316
00:12:38,640 --> 00:12:40,620
in other words you have earning power by
317
00:12:40,620 --> 00:12:43,170
yourself I think you're a better
318
00:12:43,170 --> 00:12:46,680
investment than these guys I think you
319
00:12:46,680 --> 00:12:49,140
can controlling your future is a better
320
00:12:49,140 --> 00:12:52,320
option than handing over your retirement
321
00:12:52,320 --> 00:12:58,380
to these guys the average household
322
00:12:58,380 --> 00:13:00,240
income in the United States is
323
00:13:00,240 --> 00:13:02,160
approximately fifty thousand dollars a
324
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year what they call the middle class to
325
00:13:05,700 --> 00:13:08,010
reach the top 25 percent of income
326
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earners you need to earn at least 90
327
00:13:10,410 --> 00:13:12,720
thousand a year to reach the top ten
328
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percent would be a household income of a
329
00:13:14,970 --> 00:13:17,280
hundred and forty thousand the top five
330
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percent one hundred ninety thousand and
331
00:13:19,530 --> 00:13:22,530
to be in the top one percent you'd need
332
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a combined household income of at least
333
00:13:24,660 --> 00:13:26,520
three hundred and eighty thousand
334
00:13:26,520 --> 00:13:29,660
dollars a year so here's the question
335
00:13:29,660 --> 00:13:31,650
what do you think would give you the
336
00:13:31,650 --> 00:13:34,590
best chance to move up and get to the
337
00:13:34,590 --> 00:13:38,240
top 10% the top 5% the top 1% of Beyond
338
00:13:38,240 --> 00:13:41,340
in my opinion and in the opinion of many
339
00:13:41,340 --> 00:13:44,850
many experts the answer is to become an
340
00:13:44,850 --> 00:13:47,820
entrepreneur to become your own boss I
341
00:13:47,820 --> 00:13:49,980
think you have to be a business owner I
342
00:13:49,980 --> 00:13:53,070
I can't the only time I ever say to
343
00:13:53,070 --> 00:13:54,720
someone to be great even employees when
344
00:13:54,720 --> 00:13:55,500
they've already told me they've
345
00:13:55,500 --> 00:13:58,240
surrendered I only tell people who are
346
00:13:58,240 --> 00:14:00,640
wounded spiritually that they should be
347
00:14:00,640 --> 00:14:02,140
an employee and it's that feeling that
348
00:14:02,140 --> 00:14:05,050
you get when you pick up the backpack
349
00:14:05,050 --> 00:14:06,760
off the little Cub Scout and say don't
350
00:14:06,760 --> 00:14:08,170
worry little guy we'll get you back to
351
00:14:08,170 --> 00:14:10,480
the camp you know it is not a it is in
352
00:14:10,480 --> 00:14:13,089
no way a kindness when I tell someone
353
00:14:13,089 --> 00:14:15,070
maybe a great employee the other status
354
00:14:15,070 --> 00:14:17,020
symbol really increasingly is lifestyle
355
00:14:17,020 --> 00:14:18,760
abit people can own their own business
356
00:14:18,760 --> 00:14:20,589
maybe even work out of their house that
357
00:14:20,589 --> 00:14:22,990
I tell people admire that look gosh I
358
00:14:22,990 --> 00:14:24,910
wish I could do the spirit of the
359
00:14:24,910 --> 00:14:27,370
entrepreneur is to be a risk-taker and
360
00:14:27,370 --> 00:14:30,520
to be resourceful and unstoppable and to
361
00:14:30,520 --> 00:14:32,589
have a vision of yourself beyond where
362
00:14:32,589 --> 00:14:34,630
you are and not willing to settle for
363
00:14:34,630 --> 00:14:36,700
life as it is you think about the great
364
00:14:36,700 --> 00:14:38,830
entrepreneurs they're visionary they
365
00:14:38,830 --> 00:14:40,899
have heart they're willing to do today
366
00:14:40,899 --> 00:14:42,550
what others want so they can do tomorrow
367
00:14:42,550 --> 00:14:44,320
what others can't personally I don't
368
00:14:44,320 --> 00:14:46,540
think of the new economy the old economy
369
00:14:46,540 --> 00:14:48,940
I create my own economy the
370
00:14:48,940 --> 00:14:52,930
entrepreneurs in control I decide what
371
00:14:52,930 --> 00:14:54,550
the economy is going to be like in the
372
00:14:54,550 --> 00:14:55,899
world of entrepreneurship there are no
373
00:14:55,899 --> 00:14:57,760
limits it can make as much as you want
374
00:14:57,760 --> 00:14:59,589
depending on how much you want to work
375
00:14:59,589 --> 00:15:01,690
and how smart you are and how great a
376
00:15:01,690 --> 00:15:04,800
team you put together there's no more
377
00:15:04,800 --> 00:15:08,829
lifetime rewarding business than being
378
00:15:08,829 --> 00:15:11,230
an entrepreneur why in America where
379
00:15:11,230 --> 00:15:12,880
anyone could be anything where people
380
00:15:12,880 --> 00:15:14,980
want to give up their freedom and become
381
00:15:14,980 --> 00:15:17,170
effectively a modern-day slave told shut
382
00:15:17,170 --> 00:15:18,520
up and be here every morning at 7:30
383
00:15:18,520 --> 00:15:21,760
leave at 5:30 and do what I tell you if
384
00:15:21,760 --> 00:15:22,870
people decide to become an entrepreneur
385
00:15:22,870 --> 00:15:24,940
work for themselves they have some
386
00:15:24,940 --> 00:15:26,709
traditional options but they're riskier
387
00:15:26,709 --> 00:15:28,450
than you might think any kind of a
388
00:15:28,450 --> 00:15:30,670
retail business retail build-outs
389
00:15:30,670 --> 00:15:33,790
is extremely expensive even just these
390
00:15:33,790 --> 00:15:35,860
small little yoghurt stores where
391
00:15:35,860 --> 00:15:37,870
they're putting little yogurt machines
392
00:15:37,870 --> 00:15:38,980
and you get all the different flavors
393
00:15:38,980 --> 00:15:41,320
you're spending two three four hundred
394
00:15:41,320 --> 00:15:43,329
grand to open a yogurt shop I would love
395
00:15:43,329 --> 00:15:45,490
to buy a Dunkin Donuts but it's a half a
396
00:15:45,490 --> 00:15:47,589
million or so to start I don't quite
397
00:15:47,589 --> 00:15:49,750
have that just in case money risking
398
00:15:49,750 --> 00:15:51,399
lose it all and most guys do two or
399
00:15:51,399 --> 00:15:53,110
three times and even big guys like
400
00:15:53,110 --> 00:15:55,899
Branson because I'm such a fan is half
401
00:15:55,899 --> 00:15:57,160
this companies don't work you make a
402
00:15:57,160 --> 00:15:58,600
million your problems going to go if you
403
00:15:58,600 --> 00:16:00,100
make a billion your problems really
404
00:16:00,100 --> 00:16:02,170
gonna go just the opposite you and I
405
00:16:02,170 --> 00:16:04,029
know you're making a million you're
406
00:16:04,029 --> 00:16:05,350
gonna million the responsibility you
407
00:16:05,350 --> 00:16:07,329
make a billion you got a thousand times
408
00:16:07,329 --> 00:16:09,250
a million responsible eats and most
409
00:16:09,250 --> 00:16:11,920
people say I'd love to be my own boss
410
00:16:11,920 --> 00:16:14,679
70% of Americans would love to be their
411
00:16:14,679 --> 00:16:18,249
own boss according to recent polls but
412
00:16:18,249 --> 00:16:20,350
they don't know how to get there cuz
413
00:16:20,350 --> 00:16:22,720
what are you gonna do one you could buy
414
00:16:22,720 --> 00:16:24,220
an existing business if somebody's
415
00:16:24,220 --> 00:16:26,319
selling an existing business you have to
416
00:16:26,319 --> 00:16:28,449
ask why usually because it's probably
417
00:16:28,449 --> 00:16:30,999
hard it's probably not making as much
418
00:16:30,999 --> 00:16:32,919
money as they hope to they can buy a
419
00:16:32,919 --> 00:16:35,230
franchise a little less risk proven
420
00:16:35,230 --> 00:16:38,319
system but it's expensive to be able to
421
00:16:38,319 --> 00:16:40,029
do that 3 they could start something
422
00:16:40,029 --> 00:16:43,359
from scratch and that's where a lot of
423
00:16:43,359 --> 00:16:45,480
people feel like I don't have the the
424
00:16:45,480 --> 00:16:47,799
chops to do it I don't have the money I
425
00:16:47,799 --> 00:16:50,889
don't have the the product idea I don't
426
00:16:50,889 --> 00:16:52,869
have the expertise I don't have whatever
427
00:16:52,869 --> 00:16:54,579
it's going to take to be able to get
428
00:16:54,579 --> 00:16:56,350
there and I can't risk my family to do
429
00:16:56,350 --> 00:17:00,759
it so forth they can become an investor
430
00:17:00,759 --> 00:17:05,740
a lot of people in this town invest to
431
00:17:05,740 --> 00:17:07,750
try and figure out a way but you got to
432
00:17:07,750 --> 00:17:09,250
be pretty smart with that game - right
433
00:17:09,250 --> 00:17:11,470
venture capitalists who are the very
434
00:17:11,470 --> 00:17:13,359
best and most sophisticated and
435
00:17:13,359 --> 00:17:15,099
investing in new breakthrough businesses
436
00:17:15,099 --> 00:17:18,459
make it on 1 out of 11 that means 10 out
437
00:17:18,459 --> 00:17:20,919
11 or mediocre or fail most of them fail
438
00:17:20,919 --> 00:17:22,959
that's the risk they're an angel
439
00:17:22,959 --> 00:17:25,209
investors lucky to get 1 out of 15 or 20
440
00:17:25,209 --> 00:17:28,148
a business is a team sport look I have
441
00:17:28,148 --> 00:17:29,679
to have accountants I have to have
442
00:17:29,679 --> 00:17:31,389
engineers I have to have system
443
00:17:31,389 --> 00:17:34,149
designers I have to have sales marketing
444
00:17:34,149 --> 00:17:36,549
I have to have accounting netted mission
445
00:17:36,549 --> 00:17:38,409
statements I have to have legal and all
446
00:17:38,409 --> 00:17:41,380
that the average Joe Schmo even me I go
447
00:17:41,380 --> 00:17:44,620
out there I don't have the skills to to
448
00:17:44,620 --> 00:17:46,179
put a business together I think the
449
00:17:46,179 --> 00:17:47,529
bottom line for the four traditional
450
00:17:47,529 --> 00:17:50,049
options is they take money sometimes a
451
00:17:50,049 --> 00:17:52,779
lot of it they take expertise and they
452
00:17:52,779 --> 00:17:56,230
take time all of that adds up to just
453
00:17:56,230 --> 00:17:58,899
too much risk for most people I bought a
454
00:17:58,899 --> 00:18:00,730
business from somebody else and it was a
455
00:18:00,730 --> 00:18:02,139
lot of work and you know you start
456
00:18:02,139 --> 00:18:04,179
wondering what did I just buy because I
457
00:18:04,179 --> 00:18:05,950
guess ultimately I own your email and
458
00:18:05,950 --> 00:18:08,350
list and I just overpaid for it people
459
00:18:08,350 --> 00:18:10,149
that start their own business they spend
460
00:18:10,149 --> 00:18:11,080
a lot of money
461
00:18:11,080 --> 00:18:12,730
they spend a lot of time a lot of effort
462
00:18:12,730 --> 00:18:15,340
to get things started and the more you
463
00:18:15,340 --> 00:18:17,139
invest on the up front the harder you
464
00:18:17,139 --> 00:18:19,029
typically work at it I'll tell you what
465
00:18:19,029 --> 00:18:20,830
the success rate is in a restaurant what
466
00:18:20,830 --> 00:18:23,049
is it they're crazy enough about 90% of
467
00:18:23,049 --> 00:18:23,610
them fail
468
00:18:23,610 --> 00:18:27,450
the name how quickly uh you're you're
469
00:18:27,450 --> 00:18:28,440
less Wow
470
00:18:28,440 --> 00:18:29,760
and if we're talking non franchise we're
471
00:18:29,760 --> 00:18:31,470
talking she is totally different yeah
472
00:18:31,470 --> 00:18:32,640
but our students aren't getting
473
00:18:32,640 --> 00:18:34,590
franchise rights got if you got invested
474
00:18:34,590 --> 00:18:36,510
big money exactly and with someone like
475
00:18:36,510 --> 00:18:37,800
McDonald's you've had to work with the
476
00:18:37,800 --> 00:18:39,300
company for a long period of time really
477
00:18:39,300 --> 00:18:40,440
know they even have a chance of
478
00:18:40,440 --> 00:18:41,790
investing and they'll have a chance and
479
00:18:41,790 --> 00:18:45,480
it's a slim chance what if there was a
480
00:18:45,480 --> 00:18:48,660
way that you had all the proven aspects
481
00:18:48,660 --> 00:18:51,890
the comfort aspects and you could still
482
00:18:51,890 --> 00:18:54,450
control your own life what if there was
483
00:18:54,450 --> 00:18:57,870
both in other words you didn't have to
484
00:18:57,870 --> 00:19:00,330
create everything from scratch you could
485
00:19:00,330 --> 00:19:02,670
you didn't have to be a super leader all
486
00:19:02,670 --> 00:19:04,890
you had to do what if there was a proven
487
00:19:04,890 --> 00:19:06,300
product already you'd have to create the
488
00:19:06,300 --> 00:19:07,950
product and there's a proven system
489
00:19:07,950 --> 00:19:10,550
already proven training already
490
00:19:10,550 --> 00:19:15,900
everything except an employer that was
491
00:19:15,900 --> 00:19:18,660
the only thing that you didn't have do
492
00:19:18,660 --> 00:19:20,900
you think more people would be open to
493
00:19:20,900 --> 00:19:22,890
working for themselves in that
494
00:19:22,890 --> 00:19:25,190
environment
495
00:19:30,029 --> 00:19:32,559
in our search for a better way to make a
496
00:19:32,559 --> 00:19:34,419
living we've come to the conclusion that
497
00:19:34,419 --> 00:19:37,059
becoming an entrepreneur is actually
498
00:19:37,059 --> 00:19:40,539
safer than being an employee and through
499
00:19:40,539 --> 00:19:42,580
our look at the entrepreneurial options
500
00:19:42,580 --> 00:19:45,490
one particular path kept coming up from
501
00:19:45,490 --> 00:19:48,070
expert after expert and I think most
502
00:19:48,070 --> 00:19:50,529
people will find it surprising because
503
00:19:50,529 --> 00:19:51,909
it's certainly a non-traditional
504
00:19:51,909 --> 00:19:55,330
business model that model is for people
505
00:19:55,330 --> 00:19:57,010
to start their own business and become
506
00:19:57,010 --> 00:19:59,289
an entrepreneur through the creation of
507
00:19:59,289 --> 00:20:02,679
a network marketing business some people
508
00:20:02,679 --> 00:20:04,720
call it direct selling because the
509
00:20:04,720 --> 00:20:06,309
product is being sold directly from the
510
00:20:06,309 --> 00:20:08,710
manufacturer to the end consumer cutting
511
00:20:08,710 --> 00:20:10,720
out the middlemen other people call it
512
00:20:10,720 --> 00:20:13,059
multi-level marketing or MLM because
513
00:20:13,059 --> 00:20:14,169
there are multiple levels of
514
00:20:14,169 --> 00:20:16,779
Commission's paid the most common term
515
00:20:16,779 --> 00:20:19,090
today is network marketing because
516
00:20:19,090 --> 00:20:21,580
network marketing best describes using a
517
00:20:21,580 --> 00:20:23,320
large group of independent distributors
518
00:20:23,320 --> 00:20:25,779
independent entrepreneurs to move a
519
00:20:25,779 --> 00:20:28,870
product or service more efficiently so
520
00:20:28,870 --> 00:20:30,700
my friend here at Donald Trump and I we
521
00:20:30,700 --> 00:20:32,350
always write about the network marketing
522
00:20:32,350 --> 00:20:34,419
industry and the reason we support the
523
00:20:34,419 --> 00:20:35,980
network marketing industry because it
524
00:20:35,980 --> 00:20:38,409
really is a business goal for
525
00:20:38,409 --> 00:20:40,809
entrepreneurs because most people come
526
00:20:40,809 --> 00:20:44,159
out of school looking for a paycheck
527
00:20:44,340 --> 00:20:47,169
that's terrible I went to network
528
00:20:47,169 --> 00:20:50,080
marketing like that I think if it didn't
529
00:20:50,080 --> 00:20:51,850
exist we should invent it it is that
530
00:20:51,850 --> 00:20:54,370
good I think Direct Selling is a great
531
00:20:54,370 --> 00:20:56,110
way to do business today it's a very
532
00:20:56,110 --> 00:20:58,659
easy to get into that industry and you
533
00:20:58,659 --> 00:21:01,450
can be self-employed be in effect an
534
00:21:01,450 --> 00:21:03,330
entrepreneur when we see
535
00:21:03,330 --> 00:21:05,649
multi-billionaires adding network
536
00:21:05,649 --> 00:21:07,659
marketing companies to their portfolio
537
00:21:07,659 --> 00:21:09,850
of companies that would be a clue when
538
00:21:09,850 --> 00:21:12,490
we see people who are very famous
539
00:21:12,490 --> 00:21:14,950
authors and very famous business people
540
00:21:14,950 --> 00:21:17,529
endorsing the industry that would be a
541
00:21:17,529 --> 00:21:20,110
clue these network marketing companies
542
00:21:20,110 --> 00:21:22,090
aren't 50 million dollar companies
543
00:21:22,090 --> 00:21:23,740
they're billions and millions of dollars
544
00:21:23,740 --> 00:21:26,080
they lead the stock market their major
545
00:21:26,080 --> 00:21:28,899
companies when we're going to get it you
546
00:21:28,899 --> 00:21:30,669
know and you're going to school to work
547
00:21:30,669 --> 00:21:32,230
for a paycheck but if you want to be a
548
00:21:32,230 --> 00:21:34,059
rich be an entrepreneur and network
549
00:21:34,059 --> 00:21:37,000
marketing gives you the spirit to be an
550
00:21:37,000 --> 00:21:39,280
entrepreneur a traditional company will
551
00:21:39,280 --> 00:21:41,140
spend up to 50 percent of their total
552
00:21:41,140 --> 00:21:41,810
revenue
553
00:21:41,810 --> 00:21:44,150
on marketing network marketing companies
554
00:21:44,150 --> 00:21:46,430
use a different approach instead of
555
00:21:46,430 --> 00:21:48,530
having all that extensive marketing
556
00:21:48,530 --> 00:21:51,380
expense they utilize a network of
557
00:21:51,380 --> 00:21:53,390
independent distributors to do the
558
00:21:53,390 --> 00:21:55,550
marketing for them now why do they do
559
00:21:55,550 --> 00:21:58,190
this first because word-of-mouth
560
00:21:58,190 --> 00:22:00,410
advertising is so much more effective
561
00:22:00,410 --> 00:22:02,810
today than traditional media advertising
562
00:22:02,810 --> 00:22:05,270
second some products need to be
563
00:22:05,270 --> 00:22:07,190
explained or demonstrated and an
564
00:22:07,190 --> 00:22:09,170
independent salesperson can do that more
565
00:22:09,170 --> 00:22:11,570
effectively than an ad campaign third
566
00:22:11,570 --> 00:22:15,020
it's completely efficient the company
567
00:22:15,020 --> 00:22:16,910
only pays for the marketing of their
568
00:22:16,910 --> 00:22:20,140
product if a sale happens and not before
569
00:22:20,140 --> 00:22:23,180
imagine if Amazon allowed you to become
570
00:22:23,180 --> 00:22:25,160
an independent distributor and paid out
571
00:22:25,160 --> 00:22:27,950
40% of its revenue to that distributor
572
00:22:27,950 --> 00:22:30,740
group all you had to do as a distributor
573
00:22:30,740 --> 00:22:32,750
was recommend a product and if a person
574
00:22:32,750 --> 00:22:35,150
bought it on Amazon Amazon would take
575
00:22:35,150 --> 00:22:37,640
care of all the logistics and you'd get
576
00:22:37,640 --> 00:22:40,370
paid for bringing the customer now
577
00:22:40,370 --> 00:22:42,320
imagine you got paid for every purchase
578
00:22:42,320 --> 00:22:44,210
that customer made for the rest of their
579
00:22:44,210 --> 00:22:45,010
lives
580
00:22:45,010 --> 00:22:47,900
well Amazon doesn't offer this option
581
00:22:47,900 --> 00:22:51,320
but network marketing companies do 85%
582
00:22:51,320 --> 00:22:53,540
of all buying decisions in our society
583
00:22:53,540 --> 00:22:55,760
are made as a result of word-of-mouth or
584
00:22:55,760 --> 00:22:58,280
reputation we're recommending things to
585
00:22:58,280 --> 00:23:00,740
each other all the time you know who's
586
00:23:00,740 --> 00:23:02,270
your dentist who's your doctor who's
587
00:23:02,270 --> 00:23:04,160
your lawyer what detergent you know are
588
00:23:04,160 --> 00:23:05,750
you using what legal system are you
589
00:23:05,750 --> 00:23:07,580
using what product you using we're we're
590
00:23:07,580 --> 00:23:08,780
talking to each other but the things
591
00:23:08,780 --> 00:23:11,030
that we love anyway when you go into a
592
00:23:11,030 --> 00:23:13,190
big-box retailer you're lucky if the
593
00:23:13,190 --> 00:23:14,660
clerk looks you in the eye
594
00:23:14,660 --> 00:23:16,550
much less gives you any detailed or
595
00:23:16,550 --> 00:23:18,020
accurate information about what you're
596
00:23:18,020 --> 00:23:21,020
purchasing so of course this personal
597
00:23:21,020 --> 00:23:23,090
information is education coming from a
598
00:23:23,090 --> 00:23:25,250
friend a neighbor or relative or even a
599
00:23:25,250 --> 00:23:27,740
stranger but who one who has experience
600
00:23:27,740 --> 00:23:28,940
with the product is extraordinarily
601
00:23:28,940 --> 00:23:31,520
valuable as a matter of fact network
602
00:23:31,520 --> 00:23:33,680
marketing can educate consumers probably
603
00:23:33,680 --> 00:23:34,870
better than any of
604
00:23:34,870 --> 00:23:36,970
of marketing it certainly can do better
605
00:23:36,970 --> 00:23:39,300
than advertising because advertising
606
00:23:39,300 --> 00:23:42,430
usually has a certain hype to it and you
607
00:23:42,430 --> 00:23:45,400
can only get limited information so you
608
00:23:45,400 --> 00:23:47,140
know network marketing Trump's
609
00:23:47,140 --> 00:23:49,420
advertising if you were a typical sales
610
00:23:49,420 --> 00:23:51,010
company and you wanted to sell a million
611
00:23:51,010 --> 00:23:53,230
dollars a month worth the product you
612
00:23:53,230 --> 00:23:55,630
might go find a hundred superstar
613
00:23:55,630 --> 00:23:58,809
salespeople the quota would be ten
614
00:23:58,809 --> 00:24:00,730
thousand dollars a month so network
615
00:24:00,730 --> 00:24:03,490
marketing as a distribution system just
616
00:24:03,490 --> 00:24:06,960
flips the numbers so we use ten thousand
617
00:24:06,960 --> 00:24:10,330
happy raving fans of a particular
618
00:24:10,330 --> 00:24:12,580
product and we don't concern ourselves
619
00:24:12,580 --> 00:24:15,220
so much with how much product each one
620
00:24:15,220 --> 00:24:17,559
of them individually sells if they sell
621
00:24:17,559 --> 00:24:19,030
just a hundred or two hundred dollars a
622
00:24:19,030 --> 00:24:21,850
month and there's 10,000 of them you're
623
00:24:21,850 --> 00:24:23,679
selling a million to two million dollars
624
00:24:23,679 --> 00:24:25,630
a month worth of product that's the best
625
00:24:25,630 --> 00:24:27,250
way I can explain how network marketing
626
00:24:27,250 --> 00:24:29,290
works this is the marketing arm of the
627
00:24:29,290 --> 00:24:31,270
company there's not money being wasted
628
00:24:31,270 --> 00:24:33,309
on bricks and mortar there's not money
629
00:24:33,309 --> 00:24:35,020
being wasted on inventory that's sitting
630
00:24:35,020 --> 00:24:36,700
stagnant somewhere there's a lot of
631
00:24:36,700 --> 00:24:37,960
employees standing around that don't
632
00:24:37,960 --> 00:24:39,760
have customers these are people they're
633
00:24:39,760 --> 00:24:41,380
going to connect with customers these
634
00:24:41,380 --> 00:24:42,790
companies allow people to become
635
00:24:42,790 --> 00:24:44,830
independent distributors for extremely
636
00:24:44,830 --> 00:24:47,260
low cost and with no minimum time or
637
00:24:47,260 --> 00:24:49,630
sales quota essentially they own their
638
00:24:49,630 --> 00:24:51,940
own business and can provide as much or
639
00:24:51,940 --> 00:24:54,460
as little sales as they choose in other
640
00:24:54,460 --> 00:24:56,590
words the distributor gets all the
641
00:24:56,590 --> 00:24:58,000
benefits of traditional business
642
00:24:58,000 --> 00:25:00,580
ownership without the risk the advantage
643
00:25:00,580 --> 00:25:03,580
of network marketing is the ease of
644
00:25:03,580 --> 00:25:05,890
entry the low risk and the low startup
645
00:25:05,890 --> 00:25:08,020
cost because almost everything else has
646
00:25:08,020 --> 00:25:10,270
very high risk you can get in for a
647
00:25:10,270 --> 00:25:12,250
minimal investment you're buying into a
648
00:25:12,250 --> 00:25:14,650
system it's already been proven products
649
00:25:14,650 --> 00:25:16,090
or services that have been proven to
650
00:25:16,090 --> 00:25:18,460
work the keys to network marketing is
651
00:25:18,460 --> 00:25:21,010
providing an opportunity for the masses
652
00:25:21,010 --> 00:25:23,679
to get involved providing an opportunity
653
00:25:23,679 --> 00:25:26,800
for the average person who doesn't have
654
00:25:26,800 --> 00:25:28,570
the resources to start their own
655
00:25:28,570 --> 00:25:30,820
business all of this so far is fairly
656
00:25:30,820 --> 00:25:33,040
straightforward but network marketing
657
00:25:33,040 --> 00:25:35,320
offers another benefit and it's this
658
00:25:35,320 --> 00:25:37,990
benefit that makes it so interesting for
659
00:25:37,990 --> 00:25:41,020
entrepreneurs network marketing allows a
660
00:25:41,020 --> 00:25:43,630
distributor to build their own network
661
00:25:43,630 --> 00:25:45,790
of other distributors and then
662
00:25:45,790 --> 00:25:48,580
compensates them on the sales created
663
00:25:48,580 --> 00:25:50,590
by that entire group Direct Selling is
664
00:25:50,590 --> 00:25:53,649
at its base very simple it's the sale of
665
00:25:53,649 --> 00:25:57,070
a product or service to an individual on
666
00:25:57,070 --> 00:25:59,409
a face-to-face one-on-one basis just the
667
00:25:59,409 --> 00:26:00,669
way we're talking right now
668
00:26:00,669 --> 00:26:02,440
but there's an important element as well
669
00:26:02,440 --> 00:26:04,570
and that's the offering in conjunction
670
00:26:04,570 --> 00:26:07,000
with that sale of product the offering
671
00:26:07,000 --> 00:26:09,070
of an opportunity an opportunity for
672
00:26:09,070 --> 00:26:10,570
someone to make something of themselves
673
00:26:10,570 --> 00:26:12,610
no matter what your social status is no
674
00:26:12,610 --> 00:26:14,590
matter what language that you speak I
675
00:26:14,590 --> 00:26:16,720
mean look how many unbelievable people
676
00:26:16,720 --> 00:26:19,539
are becoming successful to speak every
677
00:26:19,539 --> 00:26:20,919
kind of language out there what an
678
00:26:20,919 --> 00:26:24,220
awesome gift to give the world instead
679
00:26:24,220 --> 00:26:26,590
of having to work your way up in a
680
00:26:26,590 --> 00:26:28,870
system and prove that you could be a
681
00:26:28,870 --> 00:26:30,760
Sales Manager they just decided
682
00:26:30,760 --> 00:26:32,580
everybody can be a Sales Manager
683
00:26:32,580 --> 00:26:34,870
everybody gets to build a sales team
684
00:26:34,870 --> 00:26:37,480
from day one and so what that brought
685
00:26:37,480 --> 00:26:39,880
into the system of growth as a direct
686
00:26:39,880 --> 00:26:42,010
selling company is the concept of
687
00:26:42,010 --> 00:26:44,470
compounding or geometric progression
688
00:26:44,470 --> 00:26:46,659
because now you can actually grow
689
00:26:46,659 --> 00:26:48,220
Salesforce very quickly because
690
00:26:48,220 --> 00:26:51,220
everybody is enrolling people in their
691
00:26:51,220 --> 00:26:53,260
own Salesforce people who are like well
692
00:26:53,260 --> 00:26:54,789
this is weird I'm building a sales team
693
00:26:54,789 --> 00:26:55,960
what do you think you do it'll egg of
694
00:26:55,960 --> 00:26:57,519
their company how do you think a regular
695
00:26:57,519 --> 00:26:59,740
company works network marketing is the
696
00:26:59,740 --> 00:27:02,380
only industry that doesn't say your past
697
00:27:02,380 --> 00:27:03,370
determines your future
698
00:27:03,370 --> 00:27:05,289
it looks at your past and says okay now
699
00:27:05,289 --> 00:27:07,000
what can we train you to do so you can
700
00:27:07,000 --> 00:27:09,220
have a great future future every other
701
00:27:09,220 --> 00:27:10,960
employer out there wants to exploit you
702
00:27:10,960 --> 00:27:13,120
for what you already know not teach you
703
00:27:13,120 --> 00:27:14,799
something new network marketing has a
704
00:27:14,799 --> 00:27:17,919
potential to save the United States and
705
00:27:17,919 --> 00:27:19,870
the world because it's going to teach
706
00:27:19,870 --> 00:27:21,940
people not to be employees but to be
707
00:27:21,940 --> 00:27:24,510
entrepreneurs
708
00:27:28,770 --> 00:27:30,460
according to the direct selling
709
00:27:30,460 --> 00:27:32,560
Association if you add up all the
710
00:27:32,560 --> 00:27:34,000
network marketing companies around the
711
00:27:34,000 --> 00:27:36,730
world they combine to do over a hundred
712
00:27:36,730 --> 00:27:38,860
and seventy eight billion dollars a year
713
00:27:38,860 --> 00:27:42,340
in retail sales to give you an idea of
714
00:27:42,340 --> 00:27:45,010
how big that really is the NFL the
715
00:27:45,010 --> 00:27:46,480
National Football League does
716
00:27:46,480 --> 00:27:48,340
approximately nine billion dollars a
717
00:27:48,340 --> 00:27:50,560
year the music industry does a little
718
00:27:50,560 --> 00:27:52,420
more than sixteen billion dollars a year
719
00:27:52,420 --> 00:27:55,120
and the movie industry does about eighty
720
00:27:55,120 --> 00:27:57,970
billion dollars a year using a
721
00:27:57,970 --> 00:27:59,620
conservative average network marketing
722
00:27:59,620 --> 00:28:01,150
companies pay their distributors about
723
00:28:01,150 --> 00:28:03,460
forty percent of that one hundred and
724
00:28:03,460 --> 00:28:05,560
seventy eight billion dollars in the
725
00:28:05,560 --> 00:28:07,720
form of commissions which adds up to
726
00:28:07,720 --> 00:28:09,850
more than seventy one billion dollars a
727
00:28:09,850 --> 00:28:12,310
year that's almost six billion dollars a
728
00:28:12,310 --> 00:28:14,740
month it's almost two hundred million
729
00:28:14,740 --> 00:28:18,030
dollars in commissions every single day
730
00:28:18,030 --> 00:28:20,740
so it's certainly working and people are
731
00:28:20,740 --> 00:28:22,480
making serious money in network
732
00:28:22,480 --> 00:28:24,520
marketing with the growth of the direct
733
00:28:24,520 --> 00:28:27,070
selling industry over the last 10 15 20
734
00:28:27,070 --> 00:28:28,900
years we've seen a broader understanding
735
00:28:28,900 --> 00:28:31,720
of the channel we have seen more and
736
00:28:31,720 --> 00:28:33,310
more people getting involved in the
737
00:28:33,310 --> 00:28:33,730
business
738
00:28:33,730 --> 00:28:35,890
so our penetration in the marketplace
739
00:28:35,890 --> 00:28:38,860
has increased and thus the understanding
740
00:28:38,860 --> 00:28:40,480
in the marketplace of who we are as
741
00:28:40,480 --> 00:28:42,400
increased and we've seen non direct
742
00:28:42,400 --> 00:28:44,050
selling companies look at the direct
743
00:28:44,050 --> 00:28:46,360
selling model and say something's going
744
00:28:46,360 --> 00:28:49,110
on there people are making money
745
00:28:49,110 --> 00:28:51,090
companies are being profitable
746
00:28:51,090 --> 00:28:53,500
individuals are being motivated product
747
00:28:53,500 --> 00:28:55,720
is being delivered to market maybe we
748
00:28:55,720 --> 00:28:57,880
should explore this some people think
749
00:28:57,880 --> 00:28:59,650
only the people at the top make money
750
00:28:59,650 --> 00:29:01,630
well let's take a look at that as well
751
00:29:01,630 --> 00:29:03,220
in the network marketing profession
752
00:29:03,220 --> 00:29:05,980
there are roughly 500 people in the
753
00:29:05,980 --> 00:29:08,080
world who earn over a million dollars a
754
00:29:08,080 --> 00:29:10,630
year if you round that number up to 2
755
00:29:10,630 --> 00:29:12,460
million dollars a year that adds up to
756
00:29:12,460 --> 00:29:14,560
about a billion dollars a year that
757
00:29:14,560 --> 00:29:16,900
takes the 71 billion dollars paid out
758
00:29:16,900 --> 00:29:20,740
each year down to 70 billion so where
759
00:29:20,740 --> 00:29:21,820
does the rest of the money go
760
00:29:21,820 --> 00:29:24,490
the vast majority goes to part-time
761
00:29:24,490 --> 00:29:26,710
people making anywhere from a few
762
00:29:26,710 --> 00:29:28,210
hundred dollars a month to many
763
00:29:28,210 --> 00:29:30,610
thousands of dollars a month it goes to
764
00:29:30,610 --> 00:29:32,440
people who choose to make it a full-time
765
00:29:32,440 --> 00:29:34,780
career move and earning even more than
766
00:29:34,780 --> 00:29:37,540
that every day people are using the
767
00:29:37,540 --> 00:29:39,280
money they earn to network marketing to
768
00:29:39,280 --> 00:29:40,500
pay off debt
769
00:29:40,500 --> 00:29:42,990
have more fun and improve the quality of
770
00:29:42,990 --> 00:29:45,000
their lives everyone I know in network
771
00:29:45,000 --> 00:29:46,560
marketing has been doing that since the
772
00:29:46,560 --> 00:29:48,750
50s they go to work when they want to go
773
00:29:48,750 --> 00:29:50,490
to work they stop working when they want
774
00:29:50,490 --> 00:29:51,780
to take time with your children to have
775
00:29:51,780 --> 00:29:53,580
a leisurely breakfast and discuss issues
776
00:29:53,580 --> 00:29:54,630
and drive them to school
777
00:29:54,630 --> 00:29:56,040
they go back to work when they get home
778
00:29:56,040 --> 00:29:57,870
whoever they're working out the biggest
779
00:29:57,870 --> 00:30:00,930
thing that I've seen is people that have
780
00:30:00,930 --> 00:30:03,960
become much happier in their life MLM
781
00:30:03,960 --> 00:30:06,450
has probably made more millionaires of
782
00:30:06,450 --> 00:30:08,340
more people in more countries and I've
783
00:30:08,340 --> 00:30:11,550
spoken to them in 50 67 countries than
784
00:30:11,550 --> 00:30:13,140
any other single form of business
785
00:30:13,140 --> 00:30:14,970
starting from another if they have a
786
00:30:14,970 --> 00:30:17,040
choice between working a job for the
787
00:30:17,040 --> 00:30:19,140
next 10 years or working a network
788
00:30:19,140 --> 00:30:20,580
marketing business for the next 10 years
789
00:30:20,580 --> 00:30:22,950
the result of working the network
790
00:30:22,950 --> 00:30:25,140
marketing business will be better a lot
791
00:30:25,140 --> 00:30:27,270
of people within the industry go on and
792
00:30:27,270 --> 00:30:29,910
make this a career and do extremely
793
00:30:29,910 --> 00:30:31,530
extremely well at it network marketing
794
00:30:31,530 --> 00:30:34,020
has been nothing but good for everyone I
795
00:30:34,020 --> 00:30:35,220
know that's been involved with it
796
00:30:35,220 --> 00:30:37,290
because they did it seriously and they
797
00:30:37,290 --> 00:30:38,460
played full-out and they've been very
798
00:30:38,460 --> 00:30:41,370
successful it's been a constant barrage
799
00:30:41,370 --> 00:30:44,520
of success stories and people showing
800
00:30:44,520 --> 00:30:47,040
off stuff I think God as a result of it
801
00:30:47,040 --> 00:30:48,530
how many people are involved
802
00:30:48,530 --> 00:30:51,420
approximately 16 million Americans and
803
00:30:51,420 --> 00:30:54,120
96 million people around the world are
804
00:30:54,120 --> 00:30:56,430
currently participating in network
805
00:30:56,430 --> 00:31:00,000
marketing and in a recent poll 82% of
806
00:31:00,000 --> 00:31:02,940
those people report a good very good or
807
00:31:02,940 --> 00:31:05,310
excellent experience with network
808
00:31:05,310 --> 00:31:08,690
marketing so people are happy
809
00:31:12,630 --> 00:31:14,919
so I've taken a look at the network
810
00:31:14,919 --> 00:31:16,630
marketing profession and really tried to
811
00:31:16,630 --> 00:31:19,480
understand why so many people are
812
00:31:19,480 --> 00:31:23,409
confused as to the validity of this as a
813
00:31:23,409 --> 00:31:24,210
business
814
00:31:24,210 --> 00:31:28,419
one is this pyramid shape people get
815
00:31:28,419 --> 00:31:30,460
really messed up with this pyramid oh
816
00:31:30,460 --> 00:31:34,390
it's one of those pyramid things I just
817
00:31:34,390 --> 00:31:35,500
think there are a lot of haters out
818
00:31:35,500 --> 00:31:37,330
there who really don't understand the
819
00:31:37,330 --> 00:31:39,429
industry and say oh it's a it's a
820
00:31:39,429 --> 00:31:42,490
get-rich-quick scheme it's a pyramid
821
00:31:42,490 --> 00:31:44,350
well corporate America is a pyramid
822
00:31:44,350 --> 00:31:46,419
scheme you know Mandy goes like this
823
00:31:46,419 --> 00:31:48,730
you have thousands of MBAs you know
824
00:31:48,730 --> 00:31:51,340
let's say working for Ford or General
825
00:31:51,340 --> 00:31:53,860
Motors or coca-cola if all these MBA is
826
00:31:53,860 --> 00:31:55,419
they're all trying to get to here that's
827
00:31:55,419 --> 00:31:58,450
a pyramid well one guy's gonna make it
828
00:31:58,450 --> 00:32:00,460
you know every ten years one's gonna
829
00:32:00,460 --> 00:32:02,440
make it whereas you look at network
830
00:32:02,440 --> 00:32:05,110
marketing it's like this so you're here
831
00:32:05,110 --> 00:32:07,270
and your job is to develop other CEOs
832
00:32:07,270 --> 00:32:09,460
coming up behind you so it's inverse
833
00:32:09,460 --> 00:32:11,620
pyramid in network marketing it's a very
834
00:32:11,620 --> 00:32:13,990
simple concept if you sell product you
835
00:32:13,990 --> 00:32:16,570
get paid it is paid based on production
836
00:32:16,570 --> 00:32:18,010
there is no first mover's advantage
837
00:32:18,010 --> 00:32:21,039
there is no investment component where
838
00:32:21,039 --> 00:32:23,740
the more somebody spins the more they're
839
00:32:23,740 --> 00:32:26,049
entitled to make so the to Apolo
840
00:32:26,049 --> 00:32:27,460
opposites of each other it doesn't
841
00:32:27,460 --> 00:32:29,679
matter what shape the company is or the
842
00:32:29,679 --> 00:32:31,299
compensation plan is shaped whether it's
843
00:32:31,299 --> 00:32:33,490
a circle or a pyramid or triangle or
844
00:32:33,490 --> 00:32:35,950
trapezoid doesn't matter if compensation
845
00:32:35,950 --> 00:32:37,809
is coming primarily from recruitment
846
00:32:37,809 --> 00:32:39,789
that you've got a problem on the other
847
00:32:39,789 --> 00:32:41,590
hand if an operation is basing their
848
00:32:41,590 --> 00:32:43,929
compensation to participants on the
849
00:32:43,929 --> 00:32:46,990
basis of sales even when those sales are
850
00:32:46,990 --> 00:32:48,490
generated by people you've recruited
851
00:32:48,490 --> 00:32:50,500
well then you're a perfectly legitimate
852
00:32:50,500 --> 00:32:52,390
enterprise that's the legal test that's
853
00:32:52,390 --> 00:32:55,000
the practical test another issue that's
854
00:32:55,000 --> 00:32:57,940
been true in the past that is no longer
855
00:32:57,940 --> 00:33:00,909
true now is people used to be in network
856
00:33:00,909 --> 00:33:02,770
marketing loaded up with products that
857
00:33:02,770 --> 00:33:04,299
they couldn't sell and they ended up a
858
00:33:04,299 --> 00:33:05,770
loser they ended up with a bunch of
859
00:33:05,770 --> 00:33:08,049
product in their garage then a bunch of
860
00:33:08,049 --> 00:33:09,429
products sitting in their kitchen
861
00:33:09,429 --> 00:33:11,530
shelves or whatever and they thought
862
00:33:11,530 --> 00:33:13,510
they could sell it and then they weren't
863
00:33:13,510 --> 00:33:16,000
willing to or able to sell it and they
864
00:33:16,000 --> 00:33:17,590
ended up with a bunch of stuff and they
865
00:33:17,590 --> 00:33:19,090
were bitter about there was this thing
866
00:33:19,090 --> 00:33:20,230
called front-loading where you had to
867
00:33:20,230 --> 00:33:21,799
buy a coffee about 25
868
00:33:21,799 --> 00:33:23,299
larger the product you got better
869
00:33:23,299 --> 00:33:26,029
commissions and all this today it's
870
00:33:26,029 --> 00:33:28,220
almost all done by computer it's direct
871
00:33:28,220 --> 00:33:29,989
mail comes from a warehouse somewhere
872
00:33:29,989 --> 00:33:30,980
else you don't have to have all this
873
00:33:30,980 --> 00:33:33,320
inventory you have to stock up it's a
874
00:33:33,320 --> 00:33:36,049
paperless world now you know most of its
875
00:33:36,049 --> 00:33:38,149
done online you have a back-office it
876
00:33:38,149 --> 00:33:40,129
really works and I mean the technology
877
00:33:40,129 --> 00:33:42,529
has changed everything third issue is
878
00:33:42,529 --> 00:33:46,700
people start talking about 99% of people
879
00:33:46,700 --> 00:33:47,899
in network marketing don't make any
880
00:33:47,899 --> 00:33:50,869
money well we've talked about that over
881
00:33:50,869 --> 00:33:53,720
the course of this journey together
882
00:33:53,720 --> 00:33:56,269
almost two hundred million dollars a day
883
00:33:56,269 --> 00:33:58,940
is being paid out to network marketing
884
00:33:58,940 --> 00:34:00,889
distributors around the world the
885
00:34:00,889 --> 00:34:02,840
naysayers the people who say that it
886
00:34:02,840 --> 00:34:05,299
doesn't work are usually the ones who
887
00:34:05,299 --> 00:34:06,769
just don't know how to make it work for
888
00:34:06,769 --> 00:34:08,690
themselves and so they're giving you an
889
00:34:08,690 --> 00:34:11,690
opinion and I tell people don't confuse
890
00:34:11,690 --> 00:34:14,449
people's opinions with expertise because
891
00:34:14,449 --> 00:34:16,489
opinions are free and don't confuse
892
00:34:16,489 --> 00:34:19,040
sincerity with the truth because people
893
00:34:19,040 --> 00:34:20,839
can be sincerely wrong but here's the
894
00:34:20,839 --> 00:34:22,849
reality inside of network marketing the
895
00:34:22,849 --> 00:34:24,319
vast majority of people that get
896
00:34:24,319 --> 00:34:26,179
involved in network marketing just
897
00:34:26,179 --> 00:34:28,399
become customers and they get involved
898
00:34:28,399 --> 00:34:30,349
to be able to purchase product at a
899
00:34:30,349 --> 00:34:34,339
lower price if you take a Costco as an
900
00:34:34,339 --> 00:34:37,309
example if a person goes into Costco and
901
00:34:37,309 --> 00:34:40,219
gets a membership to Costco so they can
902
00:34:40,219 --> 00:34:43,699
get a lower price on the product we
903
00:34:43,699 --> 00:34:46,010
don't call that person a loser because
904
00:34:46,010 --> 00:34:47,299
they have a bunch of product that they
905
00:34:47,299 --> 00:34:48,889
walked out with with a smile on their
906
00:34:48,889 --> 00:34:51,469
face yet when some people want to take a
907
00:34:51,469 --> 00:34:53,119
look at network marketing they say well
908
00:34:53,119 --> 00:34:54,649
those people they're just using the
909
00:34:54,649 --> 00:34:56,449
product and they aren't earning an
910
00:34:56,449 --> 00:34:59,299
income so they must be a loser they're
911
00:34:59,299 --> 00:35:00,640
not a loser they're a happy customer
912
00:35:00,640 --> 00:35:02,720
that's the vast majority of people
913
00:35:02,720 --> 00:35:04,130
they're involved in network marketing
914
00:35:04,130 --> 00:35:07,640
now a smaller percentage of those those
915
00:35:07,640 --> 00:35:09,650
people decide to go build a business
916
00:35:09,650 --> 00:35:11,990
they earn 300 a month 500 a month a
917
00:35:11,990 --> 00:35:14,900
thousand two thousand that's the bulk of
918
00:35:14,900 --> 00:35:16,640
earnings in network marketing and then
919
00:35:16,640 --> 00:35:19,040
there's the few that really decide to
920
00:35:19,040 --> 00:35:21,380
take it serious really decide to build a
921
00:35:21,380 --> 00:35:23,630
large network really work to make that
922
00:35:23,630 --> 00:35:26,450
network very very productive and those
923
00:35:26,450 --> 00:35:27,950
people make huge amounts of money
924
00:35:27,950 --> 00:35:31,819
there's no cap what I do as an outside
925
00:35:31,819 --> 00:35:33,170
economist just somebody look into this
926
00:35:33,170 --> 00:35:33,700
industry
927
00:35:33,700 --> 00:35:35,349
any other industry I speak and say look
928
00:35:35,349 --> 00:35:37,660
what's the realities of this 1% do
929
00:35:37,660 --> 00:35:40,690
incredibly well 10% generate some
930
00:35:40,690 --> 00:35:42,280
additional income it's pretty low risk
931
00:35:42,280 --> 00:35:45,670
in an effort that's mine and and 90% of
932
00:35:45,670 --> 00:35:48,130
people roughly end up customers one
933
00:35:48,130 --> 00:35:50,410
thing that I think is real when it comes
934
00:35:50,410 --> 00:35:52,930
to people's perceptions about network
935
00:35:52,930 --> 00:35:56,710
marketing is people put this and
936
00:35:56,710 --> 00:35:58,809
distributors I think involved in network
937
00:35:58,809 --> 00:36:00,760
marketing have some responsibility for
938
00:36:00,760 --> 00:36:03,690
this they have sometimes unrealistic
939
00:36:03,690 --> 00:36:06,730
claims about the product or about the
940
00:36:06,730 --> 00:36:08,440
income most people who become
941
00:36:08,440 --> 00:36:11,109
distributors they want the money they
942
00:36:11,109 --> 00:36:13,000
want to be successful but they don't
943
00:36:13,000 --> 00:36:15,220
have the skills they don't know what to
944
00:36:15,220 --> 00:36:17,380
do and when people don't know what to do
945
00:36:17,380 --> 00:36:18,819
and they're in a new business they're
946
00:36:18,819 --> 00:36:22,180
scared and when they're scared the panic
947
00:36:22,180 --> 00:36:24,940
and desperation kind of sets in so they
948
00:36:24,940 --> 00:36:27,640
think everyone they talk to has to get
949
00:36:27,640 --> 00:36:30,220
in so if I talk to you and you say oh no
950
00:36:30,220 --> 00:36:31,569
I don't have time to do that they're
951
00:36:31,569 --> 00:36:35,380
like no no no I need you you have to do
952
00:36:35,380 --> 00:36:37,240
this or I won't be sick so like I start
953
00:36:37,240 --> 00:36:38,950
clawing on you I started that
954
00:36:38,950 --> 00:36:40,720
desperation so then I start making
955
00:36:40,720 --> 00:36:42,549
claims about the product which are not
956
00:36:42,549 --> 00:36:44,650
appropriate probably not even true or I
957
00:36:44,650 --> 00:36:46,270
start saying oh you let me show you how
958
00:36:46,270 --> 00:36:47,559
you can make all this money and you
959
00:36:47,559 --> 00:36:49,630
don't have to do anything Erica and C
960
00:36:49,630 --> 00:36:52,030
you just totally misrepresent the
961
00:36:52,030 --> 00:36:55,540
opportunity and you you're clinging with
962
00:36:55,540 --> 00:36:57,520
people because you think you need
963
00:36:57,520 --> 00:37:00,520
everybody to be successful and you don't
964
00:37:00,520 --> 00:37:02,829
you know one of the messages that I try
965
00:37:02,829 --> 00:37:05,559
to deliver most forcefully to companies
966
00:37:05,559 --> 00:37:07,809
as well as salespeople in direct selling
967
00:37:07,809 --> 00:37:10,530
is that you don't have to over promise
968
00:37:10,530 --> 00:37:13,329
reality is in network marketing there's
969
00:37:13,329 --> 00:37:15,549
a lot of hard work involved there's a
970
00:37:15,549 --> 00:37:16,869
lot of effort you're going to have to
971
00:37:16,869 --> 00:37:18,369
develop yourself it's a business like
972
00:37:18,369 --> 00:37:20,349
anything else it's going to take some
973
00:37:20,349 --> 00:37:24,150
time but in my opinion it's better
974
00:37:24,150 --> 00:37:26,210
you
975
00:37:28,550 --> 00:37:32,609
it's light-years better for people
976
00:37:32,609 --> 00:37:34,859
starting today than it was even five
977
00:37:34,859 --> 00:37:36,780
years ago I think it's more widely
978
00:37:36,780 --> 00:37:38,849
accepted now and people understand it is
979
00:37:38,849 --> 00:37:40,410
a business it is being an entrepreneur
980
00:37:40,410 --> 00:37:42,690
it is being a business owner our belief
981
00:37:42,690 --> 00:37:44,609
system is based upon our evaluation of
982
00:37:44,609 --> 00:37:46,380
something and frequently if we
983
00:37:46,380 --> 00:37:48,150
reevaluate a situation our belief about
984
00:37:48,150 --> 00:37:50,220
that situation will change the industry
985
00:37:50,220 --> 00:37:52,080
has changed and it's grown up it's
986
00:37:52,080 --> 00:37:54,480
totally transformed we've got young
987
00:37:54,480 --> 00:37:57,750
people today that have grown up with
988
00:37:57,750 --> 00:37:59,790
social media and they understand
989
00:37:59,790 --> 00:38:01,980
networks they understand how people are
990
00:38:01,980 --> 00:38:04,380
connected through technology and they
991
00:38:04,380 --> 00:38:06,300
understand how money flows through those
992
00:38:06,300 --> 00:38:08,490
networks so when they see network
993
00:38:08,490 --> 00:38:09,690
marketing they don't see it the way
994
00:38:09,690 --> 00:38:11,420
their parents saw them we've all learned
995
00:38:11,420 --> 00:38:14,369
we the the larger industry that you
996
00:38:14,369 --> 00:38:16,200
represent has all learned from the
997
00:38:16,200 --> 00:38:17,849
mistakes and flaws and errors that have
998
00:38:17,849 --> 00:38:19,440
happened early on early algorithms
999
00:38:19,440 --> 00:38:20,910
didn't work the right way
1000
00:38:20,910 --> 00:38:23,430
that's all fixed it's like when they
1001
00:38:23,430 --> 00:38:26,010
design a computer program they designed
1002
00:38:26,010 --> 00:38:27,270
the program then they run it and then
1003
00:38:27,270 --> 00:38:28,440
they go back through and they debug it
1004
00:38:28,440 --> 00:38:31,560
the MLM industry has been debugged this
1005
00:38:31,560 --> 00:38:34,170
is the day of being virtual being able
1006
00:38:34,170 --> 00:38:35,880
to run a business from your mobile phone
1007
00:38:35,880 --> 00:38:38,220
I mean it's it's incredible companies
1008
00:38:38,220 --> 00:38:40,619
are getting smarter they're they're
1009
00:38:40,619 --> 00:38:42,990
implementing more consumer protections
1010
00:38:42,990 --> 00:38:45,540
they're implementing more compliance
1011
00:38:45,540 --> 00:38:47,880
training they're doing more with respect
1012
00:38:47,880 --> 00:38:50,280
to product research if you do get
1013
00:38:50,280 --> 00:38:52,260
involved and you make purchases of
1014
00:38:52,260 --> 00:38:54,420
inventory even on a voluntary basis if
1015
00:38:54,420 --> 00:38:56,400
you decide that this business is not for
1016
00:38:56,400 --> 00:38:58,290
you you can leave and have that
1017
00:38:58,290 --> 00:39:00,150
inventory repurchase by the company
1018
00:39:00,150 --> 00:39:02,220
there's no other business that offers
1019
00:39:02,220 --> 00:39:05,030
that kind of protection on a voluntary
1020
00:39:05,030 --> 00:39:08,780
self-regulatory basis
1021
00:39:12,330 --> 00:39:14,590
if you decide to look further into a
1022
00:39:14,590 --> 00:39:16,060
network marketing business in order to
1023
00:39:16,060 --> 00:39:18,100
generate more cash flow for your family
1024
00:39:18,100 --> 00:39:20,500
I would recommend reviewing the
1025
00:39:20,500 --> 00:39:24,010
following four elements first is the
1026
00:39:24,010 --> 00:39:25,990
product or service and on the product or
1027
00:39:25,990 --> 00:39:27,520
service I would ask five important
1028
00:39:27,520 --> 00:39:30,340
questions one do you like it is this
1029
00:39:30,340 --> 00:39:31,600
something you would feel comfortable
1030
00:39:31,600 --> 00:39:34,180
sharing with others - is there a
1031
00:39:34,180 --> 00:39:36,610
recognised need in the marketplace it's
1032
00:39:36,610 --> 00:39:38,800
hard to create a need if one isn't
1033
00:39:38,800 --> 00:39:42,520
naturally there third does the product
1034
00:39:42,520 --> 00:39:44,770
meet that need does it solve a
1035
00:39:44,770 --> 00:39:46,890
legitimate problem for consumers and
1036
00:39:46,890 --> 00:39:50,530
fourth is it priced to sell can it
1037
00:39:50,530 --> 00:39:53,200
compete in the marketplace and fifth is
1038
00:39:53,200 --> 00:39:55,600
it price for profit is there enough
1039
00:39:55,600 --> 00:39:56,950
margin for the company and the
1040
00:39:56,950 --> 00:39:58,690
distributor to be able to generate
1041
00:39:58,690 --> 00:40:01,330
income for the long term if you can
1042
00:40:01,330 --> 00:40:03,310
answer the questions on the product to
1043
00:40:03,310 --> 00:40:04,210
your satisfaction
1044
00:40:04,210 --> 00:40:06,700
the next element to consider is the
1045
00:40:06,700 --> 00:40:09,520
company itself is it well-run do you
1046
00:40:09,520 --> 00:40:10,570
believe in the founders of the
1047
00:40:10,570 --> 00:40:12,310
management team do you feel they have
1048
00:40:12,310 --> 00:40:14,860
what it takes to go all the way see it
1049
00:40:14,860 --> 00:40:16,690
doesn't matter how good the product is
1050
00:40:16,690 --> 00:40:18,760
if the management can't take care of the
1051
00:40:18,760 --> 00:40:21,520
company good management can change with
1052
00:40:21,520 --> 00:40:23,800
the times they can handle adversity they
1053
00:40:23,800 --> 00:40:26,080
can make good decisions make sure you
1054
00:40:26,080 --> 00:40:28,090
choose a company that can serve you for
1055
00:40:28,090 --> 00:40:28,870
a long time
1056
00:40:28,870 --> 00:40:31,120
the third element to consider is the
1057
00:40:31,120 --> 00:40:33,340
compensation plan and with that there
1058
00:40:33,340 --> 00:40:35,010
are three important things to look at
1059
00:40:35,010 --> 00:40:37,720
first a brand new person needs to be
1060
00:40:37,720 --> 00:40:39,370
able to generate some money fairly
1061
00:40:39,370 --> 00:40:39,910
quickly
1062
00:40:39,910 --> 00:40:42,220
it may be an obvious reason but you can
1063
00:40:42,220 --> 00:40:44,860
probably imagine the ripple effect of a
1064
00:40:44,860 --> 00:40:46,720
distributor getting involved and having
1065
00:40:46,720 --> 00:40:49,630
even a small victory fast that can only
1066
00:40:49,630 --> 00:40:51,460
help with the overall success of the
1067
00:40:51,460 --> 00:40:54,610
organization second a person should be
1068
00:40:54,610 --> 00:40:56,680
able to develop a moderate part-time
1069
00:40:56,680 --> 00:40:59,140
income in a reasonable period of time as
1070
00:40:59,140 --> 00:41:01,240
they develop their network and as their
1071
00:41:01,240 --> 00:41:03,400
sales grow they should be able to enjoy
1072
00:41:03,400 --> 00:41:06,760
more benefits and third for the people
1073
00:41:06,760 --> 00:41:08,830
who are really serious for those who
1074
00:41:08,830 --> 00:41:11,050
decide to really go pro in the network
1075
00:41:11,050 --> 00:41:13,330
marketing profession there should be the
1076
00:41:13,330 --> 00:41:16,630
possibility to make a serious full-time
1077
00:41:16,630 --> 00:41:19,060
income if they work hard and are
1078
00:41:19,060 --> 00:41:21,760
committed to developing their skills if
1079
00:41:21,760 --> 00:41:23,380
you're comfortable with the product
1080
00:41:23,380 --> 00:41:25,780
the company and the compensation plan
1081
00:41:25,780 --> 00:41:28,720
the last thing you should look at is the
1082
00:41:28,720 --> 00:41:30,730
support that will be made available to
1083
00:41:30,730 --> 00:41:33,520
you does the company have a website is
1084
00:41:33,520 --> 00:41:35,860
it does it have a solid online reporting
1085
00:41:35,860 --> 00:41:36,280
tool
1086
00:41:36,280 --> 00:41:38,500
do they have comprehensive training
1087
00:41:38,500 --> 00:41:40,390
available to they host events to help
1088
00:41:40,390 --> 00:41:42,340
you build your business if you decide to
1089
00:41:42,340 --> 00:41:44,200
do this what kind of a support system
1090
00:41:44,200 --> 00:41:46,690
can you plug into choosing a network
1091
00:41:46,690 --> 00:41:48,100
marketing company is a personal decision
1092
00:41:48,100 --> 00:41:51,670
but evaluating the four elements of
1093
00:41:51,670 --> 00:41:54,700
product company compensation plan and
1094
00:41:54,700 --> 00:41:57,550
support is a great place to start is the
1095
00:41:57,550 --> 00:41:59,260
company promising that you're going to
1096
00:41:59,260 --> 00:42:00,880
get rich quick or that you can make a
1097
00:42:00,880 --> 00:42:02,140
lot of money without a lot of effort
1098
00:42:02,140 --> 00:42:04,870
that's a red flag is there a product
1099
00:42:04,870 --> 00:42:06,550
that you really believe in that you
1100
00:42:06,550 --> 00:42:09,010
think can be sold or are you being told
1101
00:42:09,010 --> 00:42:11,110
by salespeople or the persons trying to
1102
00:42:11,110 --> 00:42:12,700
recruit you or by the company itself
1103
00:42:12,700 --> 00:42:14,560
that don't worry about the product all
1104
00:42:14,560 --> 00:42:16,390
you have to do is recruit other people
1105
00:42:16,390 --> 00:42:18,820
into the business red flag warning sign
1106
00:42:18,820 --> 00:42:21,310
if you're hearing that take a second or
1107
00:42:21,310 --> 00:42:23,050
even a third look get to know the
1108
00:42:23,050 --> 00:42:25,180
customers the products the business have
1109
00:42:25,180 --> 00:42:27,100
some success and see where the
1110
00:42:27,100 --> 00:42:28,540
opportunities might take you to move up
1111
00:42:28,540 --> 00:42:31,120
in the organization when I find out how
1112
00:42:31,120 --> 00:42:33,580
concerned are they about my education my
1113
00:42:33,580 --> 00:42:35,230
training in my development is there a
1114
00:42:35,230 --> 00:42:37,300
space for me to grow most important
1115
00:42:37,300 --> 00:42:39,850
question learn everything that you can
1116
00:42:39,850 --> 00:42:41,830
about the product make sure it's
1117
00:42:41,830 --> 00:42:44,590
something that you believe in and learn
1118
00:42:44,590 --> 00:42:46,570
everything you can about the industry
1119
00:42:46,570 --> 00:42:49,870
and work that system you have to be very
1120
00:42:49,870 --> 00:42:52,660
passionate about whatever that company
1121
00:42:52,660 --> 00:42:55,300
is doing I would get involved you can
1122
00:42:55,300 --> 00:42:57,340
always test drive anything you know the
1123
00:42:57,340 --> 00:42:59,130
product the service the community and
1124
00:42:59,130 --> 00:43:01,930
and then lean into it a bit if it feels
1125
00:43:01,930 --> 00:43:04,510
good then lean into it a lot behind me
1126
00:43:04,510 --> 00:43:08,080
is a Lincoln Memorial and this is a
1127
00:43:08,080 --> 00:43:10,180
place where Martin Luther King jr. had
1128
00:43:10,180 --> 00:43:13,870
his famous I have a dream speech and at
1129
00:43:13,870 --> 00:43:16,630
that speech he talked about his dream
1130
00:43:16,630 --> 00:43:18,310
for equality for everyone around the
1131
00:43:18,310 --> 00:43:21,250
world and that's a noble dream but I
1132
00:43:21,250 --> 00:43:23,680
think more people need to remember what
1133
00:43:23,680 --> 00:43:24,970
it was like when they were kids and the
1134
00:43:24,970 --> 00:43:27,400
dream was still alive in them before it
1135
00:43:27,400 --> 00:43:29,740
got beaten out of them by reality by
1136
00:43:29,740 --> 00:43:32,110
this paycheck by
1137
00:43:32,110 --> 00:43:35,770
these responsibilities and by having to
1138
00:43:35,770 --> 00:43:40,230
live for this job to pay the bills I
1139
00:43:40,230 --> 00:43:43,510
think people need to remember that go
1140
00:43:43,510 --> 00:43:46,270
back to that once they know that there's
1141
00:43:46,270 --> 00:43:49,690
a better way I think their future is
1142
00:43:49,690 --> 00:43:51,850
going to be much brighter they can live
1143
00:43:51,850 --> 00:43:54,510
a better life
1144
00:43:58,560 --> 00:44:00,240
so if you're considering getting
1145
00:44:00,240 --> 00:44:01,770
involved in a network marketing company
1146
00:44:01,770 --> 00:44:04,140
let me offer you just a few pieces of
1147
00:44:04,140 --> 00:44:07,770
advice first network marketing isn't
1148
00:44:07,770 --> 00:44:10,440
perfect it's emotional it's challenging
1149
00:44:10,440 --> 00:44:13,860
like any entrepreneurial venture it can
1150
00:44:13,860 --> 00:44:16,530
have its up days in it's down days but
1151
00:44:16,530 --> 00:44:18,480
if you have an entrepreneurial bone in
1152
00:44:18,480 --> 00:44:19,050
your body
1153
00:44:19,050 --> 00:44:22,530
it's just better second if you're going
1154
00:44:22,530 --> 00:44:25,220
to do it decide to be professional
1155
00:44:25,220 --> 00:44:28,770
decide to go pro it's better to do that
1156
00:44:28,770 --> 00:44:30,720
then just be this amateur sticking your
1157
00:44:30,720 --> 00:44:33,630
toe in the water third as any
1158
00:44:33,630 --> 00:44:35,160
professional you're going to have to
1159
00:44:35,160 --> 00:44:37,500
learn some new skills and I promise you
1160
00:44:37,500 --> 00:44:38,580
inside of the network marketing
1161
00:44:38,580 --> 00:44:42,510
profession they're not too difficult to
1162
00:44:42,510 --> 00:44:45,440
learn forth like anything worthwhile
1163
00:44:45,440 --> 00:44:48,150
it's going to take some time don't
1164
00:44:48,150 --> 00:44:49,710
expect that you're going to get to the
1165
00:44:49,710 --> 00:44:51,990
finish line right out of the gate and
1166
00:44:51,990 --> 00:44:56,640
fifth it's worth it it's worth it to be
1167
00:44:56,640 --> 00:44:58,350
able to take charge of your life again
1168
00:44:58,350 --> 00:45:01,140
it's worth it to be able to control your
1169
00:45:01,140 --> 00:45:03,660
own financial situation it's worth it
1170
00:45:03,660 --> 00:45:05,160
for the people you're going to be able
1171
00:45:05,160 --> 00:45:07,170
to spend time with it's worth it for the
1172
00:45:07,170 --> 00:45:08,520
things you're going to be able to see
1173
00:45:08,520 --> 00:45:09,900
and the experiences you're going to be
1174
00:45:09,900 --> 00:45:12,600
able to experience it's worth it for the
1175
00:45:12,600 --> 00:45:13,830
causes you're going to be able to
1176
00:45:13,830 --> 00:45:15,930
contribute to the lives you're going to
1177
00:45:15,930 --> 00:45:17,490
be able to touch the customers you're
1178
00:45:17,490 --> 00:45:19,770
going to be able to help the friendships
1179
00:45:19,770 --> 00:45:21,360
you're going to be able to develop I
1180
00:45:21,360 --> 00:45:25,230
promise you it's worth it remember most
1181
00:45:25,230 --> 00:45:27,390
people are searching for answers just
1182
00:45:27,390 --> 00:45:30,060
like you are but I do have to tell you
1183
00:45:30,060 --> 00:45:33,180
the catch to network marketing if there
1184
00:45:33,180 --> 00:45:34,650
is a catch if you want to understand
1185
00:45:34,650 --> 00:45:38,970
this from a point of view people say
1186
00:45:38,970 --> 00:45:40,650
well it sounds too good to be true it's
1187
00:45:40,650 --> 00:45:43,400
not it's hard work but here's the catch
1188
00:45:43,400 --> 00:45:47,430
most people still don't understand it so
1189
00:45:47,430 --> 00:45:49,140
you're going to have to endure the loss
1190
00:45:49,140 --> 00:45:51,050
of social esteem from ignorant people
1191
00:45:51,050 --> 00:45:53,910
the uneducated will think less of you
1192
00:45:53,910 --> 00:45:56,670
now if you can handle that you're on
1193
00:45:56,670 --> 00:45:58,290
your way if that's going to destroy you
1194
00:45:58,290 --> 00:46:00,690
you know what entrepreneurship in
1195
00:46:00,690 --> 00:46:04,380
general probably isn't in your future if
1196
00:46:04,380 --> 00:46:07,650
you can face that catch you can become
1197
00:46:07,650 --> 00:46:10,140
unstoppable I want everyone to really
1198
00:46:10,140 --> 00:46:11,040
contemplate this
1199
00:46:11,040 --> 00:46:12,470
if they're not in network marketing
1200
00:46:12,470 --> 00:46:15,330
you're in a job you probably have a
1201
00:46:15,330 --> 00:46:16,890
mortgage of rent you have debt
1202
00:46:16,890 --> 00:46:19,290
whatever's going on you're in a prison
1203
00:46:19,290 --> 00:46:22,020
you work just hard enough to keep them
1204
00:46:22,020 --> 00:46:24,120
from firing you and they pay you just
1205
00:46:24,120 --> 00:46:27,570
stuff to keep you for Quidditch I've
1206
00:46:27,570 --> 00:46:29,310
been there done that it bought that
1207
00:46:29,310 --> 00:46:31,230
t-shirt and now we're marketing if you
1208
00:46:31,230 --> 00:46:33,450
run into failure it's really just a
1209
00:46:33,450 --> 00:46:35,700
homework lesson for yourself you really
1210
00:46:35,700 --> 00:46:37,380
there's no one to blame you really have
1211
00:46:37,380 --> 00:46:39,540
no excuse not to be successful you just
1212
00:46:39,540 --> 00:46:41,160
don't do people don't want to hear that
1213
00:46:41,160 --> 00:46:42,810
but there's so much available to you if
1214
00:46:42,810 --> 00:46:44,220
you want to be a good network marketer
1215
00:46:44,220 --> 00:46:45,870
be a student to the people above you
1216
00:46:45,870 --> 00:46:47,490
your fellow-traveller to the people in
1217
00:46:47,490 --> 00:46:49,020
the same level and be a teacher to those
1218
00:46:49,020 --> 00:46:51,120
below and know when it's appropriate to
1219
00:46:51,120 --> 00:46:52,890
do which people who are not afraid of
1220
00:46:52,890 --> 00:46:56,070
asking people to buy things or not
1221
00:46:56,070 --> 00:46:57,450
afraid of persuading people with the
1222
00:46:57,450 --> 00:46:59,490
chance they may say no these people own
1223
00:46:59,490 --> 00:47:01,020
the future nothing happens until
1224
00:47:01,020 --> 00:47:02,670
something moves so you got to go move
1225
00:47:02,670 --> 00:47:04,890
you got to go do something or nothing's
1226
00:47:04,890 --> 00:47:06,780
gonna change in your life in the
1227
00:47:06,780 --> 00:47:09,180
beginning you're gonna do a lot of
1228
00:47:09,180 --> 00:47:11,610
things that you don't get paid for but
1229
00:47:11,610 --> 00:47:13,440
as you go down the road you get paid for
1230
00:47:13,440 --> 00:47:15,270
a lot of things that you don't do and
1231
00:47:15,270 --> 00:47:17,100
your job is rehabilitating the spirit
1232
00:47:17,100 --> 00:47:19,920
the entrepreneur spirit and all of us we
1233
00:47:19,920 --> 00:47:22,710
get it back either give it a strong yes
1234
00:47:22,710 --> 00:47:26,460
or a strong no but no wishy-washy
1235
00:47:26,460 --> 00:47:28,170
dilly-dally stuff in the middle
1236
00:47:28,170 --> 00:47:29,760
there's dreams and they're nightmares
1237
00:47:29,760 --> 00:47:31,740
but I believe that the biggest nightmare
1238
00:47:31,740 --> 00:47:33,840
of all is when you don't pursue your
1239
00:47:33,840 --> 00:47:35,270
dream you're going to see some
1240
00:47:35,270 --> 00:47:37,380
monumental growth in this profession
1241
00:47:37,380 --> 00:47:40,260
it's an exciting exciting time to be
1242
00:47:40,260 --> 00:47:41,790
involved in network marketing profession
1243
00:47:41,790 --> 00:47:44,910
next 10 years I see just exponential
1244
00:47:44,910 --> 00:47:46,530
growth when that tipping point comes
1245
00:47:46,530 --> 00:47:49,230
it's not a matter of asking somebody
1246
00:47:49,230 --> 00:47:50,490
have you ever heard about network
1247
00:47:50,490 --> 00:47:52,530
marketing you're really asking them
1248
00:47:52,530 --> 00:47:56,160
which company are you building your
1249
00:47:56,160 --> 00:47:58,590
wealth in we are here to fix the world
1250
00:47:58,590 --> 00:48:00,720
to improve relationships with other
1251
00:48:00,720 --> 00:48:02,610
people to improve other lives and the
1252
00:48:02,610 --> 00:48:05,280
real reward comes as an entrepreneur in
1253
00:48:05,280 --> 00:48:06,840
any level from teaching somebody
1254
00:48:06,840 --> 00:48:08,280
something and watching them soar there
1255
00:48:08,280 --> 00:48:11,450
is no greater reward
1256
00:48:14,559 --> 00:48:17,660
life's too short to spend it living
1257
00:48:17,660 --> 00:48:19,939
someone else's dream instead of your own
1258
00:48:19,939 --> 00:48:23,420
it's too short to spend it living in a
1259
00:48:23,420 --> 00:48:26,809
fraction of your potential can being an
1260
00:48:26,809 --> 00:48:28,729
entrepreneur be a challenge at times
1261
00:48:28,729 --> 00:48:32,079
sure but here's what you get in exchange
1262
00:48:32,079 --> 00:48:36,319
it can be yours something that you built
1263
00:48:36,319 --> 00:48:38,869
something that you created something
1264
00:48:38,869 --> 00:48:42,429
that you made happen this balloon
1265
00:48:42,429 --> 00:48:45,769
represents your dream it represents
1266
00:48:45,769 --> 00:48:48,859
entrepreneurship my wish for all of you
1267
00:48:48,859 --> 00:48:52,269
is that you would reach out and grab it
1268
00:48:52,269 --> 00:48:57,219
the choice is up to you
1269
00:49:10,460 --> 00:49:13,140
hey if you're involved in network
1270
00:49:13,140 --> 00:49:14,400
marketing there's a book that you need
1271
00:49:14,400 --> 00:49:18,000
to read it's called GoPro seven steps to
1272
00:49:18,000 --> 00:49:19,650
becoming a network marketing
1273
00:49:19,650 --> 00:49:21,570
professional and I want to send it to
1274
00:49:21,570 --> 00:49:24,690
you absolutely free anywhere in the
1275
00:49:24,690 --> 00:49:27,090
world all you have to do is cover 695
1276
00:49:27,090 --> 00:49:28,950
for shipping and handling and I will
1277
00:49:28,950 --> 00:49:30,599
send it to you this is the number one
1278
00:49:30,599 --> 00:49:33,000
book in network marketing it has sold
1279
00:49:33,000 --> 00:49:35,609
more books around the world in many many
1280
00:49:35,609 --> 00:49:37,290
different languages than any other
1281
00:49:37,290 --> 00:49:38,910
network marketing book and it will help
1282
00:49:38,910 --> 00:49:40,830
you become a network marketing
1283
00:49:40,830 --> 00:49:42,210
professional to help you develop the
1284
00:49:42,210 --> 00:49:44,640
skills necessary to build a big business
1285
00:49:44,640 --> 00:49:46,830
in this profession so click on the link
1286
00:49:46,830 --> 00:49:49,410
on this video or go to free GoPro
1287
00:49:49,410 --> 00:49:52,349
book.com and I'm happy to send it to you
1288
00:49:52,349 --> 00:49:55,290
I can't wait for you to get the results
1289
00:49:55,290 --> 00:00:00,000
from this book check it out
150055
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