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By age 65 only
2% of the population is financially independent, 23% are still
working, and 75% retire on a near poverty level income,
dependent on relatives, social security or a small pension.
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90% of all
Americans are living from pay check to pay check.
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The average 50
year old person has only $2,300 in savings (about a one day
stay in a hospital).
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80% of the
personal bankruptcies in the U.S. could have been avoided if
household income could have been increased by just $280 per
month.
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93% of the men
at age 65 who have failed financially said it was because of a
lack of a definite plan.
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80% of all
people making over $50,000 per year own their own business.
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Tax laws are
designed to provide benefits to business owners, not
employees.
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Over 80% of
America's work force beyond the age of 35 realize that their
present job will not lead them to financial independence.
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Over 3.8 million
corporate executives, administrators and managers lost their
jobs in the 1980's. 2,650 people are losing their jobs each
day in the 1990's. There is no longer any security in working
for someone else.
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People want out
of the "Rat Race". The franchise industry is booming
even though most who become franchisees have to risk
everything they have including their home equity, savings,
etc.
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Network
marketing is a $15 billion dollar a year industry. It is a
global phenomenon.
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Many Fortune 500
companies now offer products through network marketing because
it is considered "the wave of the future".
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Billionaire John
Paul Getty said there are three things that are necessary to
accumulate financial wealth:
a. Own your own
business
b. Offer a product or
service needed by others.
c. Have a system that
allows you to duplicate yourself through others. He said,
"I would rather earn 1% of 100 people's efforts than 100%
of my own efforts."
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People want to
take control of their financial destinies and are searching
for the right vehicle to achieve financial independence.