A Serious Warning to Business Owners
A Serious Warning to Business Owners
On a macro level, we all know that the dollar’s purchasing power has declined. The “world’s reserve currency” is in trouble. America slips further into debt. Since the end of the gold standard in 1971, this has escalated. With cheap labor increasingly available in India and China and a huge influx of new immigrants into the US and Canada, with the Canadian economy heavily dependant on the US, plus the massive housing bubble, the future is scary for thinking people. Peoples’ savings are worth less and less. It is said that the average American retires with under $30,000 in net worth. Baby Boomer entrepreneurs can’t sell their businesses for what they’re really worth. Terrorism is not going to go away, whether the Republicans remain in office or not, believe you me. One serious bioterrorism attack in the US will have a dramatic economic effect. Tough economic times are looming. A massive wave of inflation could be triggered in North America when other countries start to panic and cause a domino effect. The dyke is beginning to leak.
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It can happen to us.
But here’s the real story: most business owners have all their eggs in one basket. Most are in debt and highly leveraged. Many are not keeping up to date with world events. They don’t understand the real dangers of terrorism, foreign skills and products and inflation. Our society becomes increasingly litigious. Unions, especially in Canada, are turning employees into an increasingly risky proposition. Many business owners are nothing but self-employed salespeople. When they don’t work for any amount of time, they will lose their businesses. The housing bubble, alone, could cause massive change. We get so busy paying the bills, meeting payroll and staying ahead of the local competition, that we don’t see that we’re heading, Titanic like, for a large iceberg. How many times have we seen a business owner go bankrupt because of one event, like a divorce, military service, a big box retailer entering the local market, a lawsuit or an act of God? We see what happened with Katrina, 911 and outsourcing. We’re at risk.
There is some good news to report. There is a way to spread your risk across a variety of different business types, creating multiple streams of increasing, passive income. There is a way to reduce your overhead or even completely remove it, thus radically decreasing the amount of cashflow you require to survive and prosper. There is a way to operate without employees, leases, risk and pressure. And you can spend a lot less time on creating wealth than you currently do. And there is a proven way to leverage and duplicate you efforts and to use other peoples’ time, money, resources, skills and distribution. You can earn 100% profit, as well – and no conventional, risky, limited business enjoys a 100% margin. In order to enjoy unlimited earning potential in a fraction of the time you currently spend making a living, you might simply consider the fact that 20% of the income of the Fortune 500 and International 2000 companies comes from Joint Ventures, and that a full 50% of these Joint Ventures are done with the competition! The solution to success, security, stability and wealth is Joint Ventures.
No matter whether you have a business or not, and regardless of your background, age or training, you can use Joint Ventures to create wealth fast, with no money or risk. I have done this for 19 years. It is the ultimate business option with no capital investment required. That’s why I don’t own a conventional business. If you gave me one, I’d give it right back to you or close it down immediately. I am a Joint Venture Broker. I make money and create wealth through brokering Joint Venture deals and I create my own Joint Venture partners.
You don’t have to be at risk. You can radically increase your wealth and remove barriers. Forewarned is forearmed. The fire alarms are ringing. Do you hear them?
A Serious Warning to Business Owners - To learn more about this author, visit Robin Elliott's Website.
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Over the past 19 years, I have worked with thousands of business owners in Africa, Canada and the United States. I foresee serious financial adversity looming for many entrepreneurs in the coming years, and perhaps a lot sooner than we may think. And before you conclude that this is mere speculation, let me share some reasons for my concern, and then allow me to offer you a solution.
On a macro level, we all know that the dollar’s purchasing power has declined. The “world’s reserve currency” is in trouble. America slips further into debt. Since the end of the gold standard in 1971, this has escalated. With cheap labor increasingly available in India and China and a huge influx of new immigrants into the US and Canada, with the Canadian economy heavily dependant on the US, plus the massive housing bubble, the future is scary for thinking people. Peoples’ savings are worth less and less. It is said that the average American retires with under $30,000 in net worth. Baby Boomer entrepreneurs can’t sell their businesses for what they’re really worth. Terrorism is not going to go away, whether the Republicans remain in office or not, believe you me. One serious bioterrorism attack in the US will have a dramatic economic effect. Tough economic times are looming. A massive wave of inflation could be triggered in North America when other countries start to panic and cause a domino effect. The dyke is beginning to leak.
“In Brazil, between 1992 and 1994, the currency went to zero. Between 1994 and 1995 the Mexican Peso dropped by 50%. In 1996 the Yen dropped 24%. In 1997 the South East Asian currencies dropped dramatically. In 1998 the Ruble dropped 70%.” Paul van Eeden, Investment Analyst, Editor. It can happen to us.
But here’s the real story: most business owners have all their eggs in one basket. Most are in debt and highly leveraged. Many are not keeping up to date with world events. They don’t understand the real dangers of terrorism, foreign skills and products and inflation. Our society becomes increasingly litigious. Unions, especially in Canada, are turning employees into an increasingly risky proposition. Many business owners are nothing but self-employed salespeople. When they don’t work for any amount of time, they will lose their businesses. The housing bubble, alone, could cause massive change. We get so busy paying the bills, meeting payroll and staying ahead of the local competition, that we don’t see that we’re heading, Titanic like, for a large iceberg. How many times have we seen a business owner go bankrupt because of one event, like a divorce, military service, a big box retailer entering the local market, a lawsuit or an act of God? We see what happened with Katrina, 911 and outsourcing. We’re at risk.
There is some good news to report. There is a way to spread your risk across a variety of different business types, creating multiple streams of increasing, passive income. There is a way to reduce your overhead or even completely remove it, thus radically decreasing the amount of cashflow you require to survive and prosper. There is a way to operate without employees, leases, risk and pressure. And you can spend a lot less time on creating wealth than you currently do. And there is a proven way to leverage and duplicate you efforts and to use other peoples’ time, money, resources, skills and distribution. You can earn 100% profit, as well – and no conventional, risky, limited business enjoys a 100% margin. In order to enjoy unlimited earning potential in a fraction of the time you currently spend making a living, you might simply consider the fact that 20% of the income of the Fortune 500 and International 2000 companies comes from Joint Ventures, and that a full 50% of these Joint Ventures are done with the competition! The solution to success, security, stability and wealth is Joint Ventures.
No matter whether you have a business or not, and regardless of your background, age or training, you can use Joint Ventures to create wealth fast, with no money or risk. I have done this for 19 years. It is the ultimate business option with no capital investment required. That’s why I don’t own a conventional business. If you gave me one, I’d give it right back to you or close it down immediately. I am a Joint Venture Broker. I make money and create wealth through brokering Joint Venture deals and I create my own Joint Venture partners.
You don’t have to be at risk. You can radically increase your wealth and remove barriers. Forewarned is forearmed. The fire alarms are ringing. Do you hear them?
A Serious Warning to Business Owners - To learn more about this author, visit Robin Elliott's Website.
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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