I did something interesting today: I watched the news for a few minutes because they were talking about wealth in America and I thought it relevant to pay attention. Listen to this startling fact about the distribution of wealth in America in the last 15 years:
In 1990, the individuals that made up the top 1% in America, earned 15% of all the income.
In 2007, the top 1% earned 22% of the TOTAL income in America.
How are these 1% ers thinking? What are they doing to control 22% of the income in America and how can we get in on the action?
The answer: "Mine" your own business. Work on yourself. Start a home based business. You get so many tax advantages just by operating a business. Every time you turn on the TV you hear about how the middle class is being hurt. The solution: Get out of the middle class and move up the income ladder. Improve your entrepreneurial and marketing education. The game is set up for you to lose. School didn't teach you how to "mine" you own business. Your boss and manager didn't teach you because they don't know. The system is designed for you to be ignorant. That's how they take advantage of you. That's how you lose.
The FIRST step to getting out is to invest your time wisely.
The people in power have INVESTED the time to learn the game of money. The middle class hasn't. Invest 1-3 hours a week (or more) in your entrepreneurial education. Learn how to market, learn how to sell, learn how to think and act like an entrepreneur. You win through education. You win through ACTION. The 1% understand the game and are winning at a HUGE level, what about you? The middle class is going to continue shrinking. Will you be caught in its trap or will you make your move? The choice is yours. Choose FREEDOM, I did.
Lyonel
Tuesday, December 11, 2007
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