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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.