"Money-Making Lies "They" Don't Want You to Know About"
Let's face it... Everywhere you turn, there's someone making a
promise for you to create riches.
The problem is, these people don't always have YOUR best
interest at heart.
Let's start with a TRUE story.
Two investment bankers went out to go yachting. When they
arrived at the marina, one asked the other, "Where are the
client's yachts?"
Now that's a great question. "Where ARE the client's yachts?"
Investment firms, insurance brokers, and mortgage lenders make
HUGE commissions, whether or not YOU, the client lose.
But these lies are not just coming from the investment industry.
Let me rant further.
Let's move over to the advertising industry.
The newspaper sales executive has an agenda...to sell you an ad.
The radio sales rep has an agenda... to sell you a radio spot.
The web designer has an agenda...to sell you a website.
The problem with those "agenda's" is, that advertising channel
may not always be in your companies HIGHEST, BEST interest. Now,
there is nothing inherently "evil" about selling advertising
services. But there is something wrong with them accepting your
money, when they KNOW that THEIR approach is not the BEST
approach. (Have you ever heard a web designer say, "Gee, a
website would be good for you, but, if you really want to make
NOW money, you should go do some face-to-face selling?" I've
NEVER witnessed that.)
The important point here is this: Only take out an ad because
you made a wise decision, ON YOUR OWN, that advertising, in this
media, in this way, is part of YOUR OWN strategy.
I won't spend any time ranting about the multi-level industry,
because we've all seen the corpses scattered on the countryside.
Money-Making lies are not just the folly of private enterprise.
Government is in on the lies as well. Politicians use job
creation as a big campaign promise, but I've NEVER seen a
private sector job created by a bureaucrat.
NEVER!
The SBA (Small Business Administration) was put into place to
help fund entrepreneurs... but, less than 1 in 1000 applications
gets funded.
Don't go believing that the government is going to help fund
your business...because it's a BIG FAT LIE!
The IRS has several tax categories...Employee, sole
proprietorship, partnerships, S corporation, C Corporations,
Limited Liability corporation, and non-profit corporations...
And you know who pays the most taxes? EMPLOYEES!
If you really want to lower your tax liability, you may want to
get informed about corporate tax structures. I believe that
every high school student should know how to set up a
corporation by the time they graduate... but, because of the
revenue that would be lost, this information is INTENTIONALLY
left out of the sta! ndard hi gh school curriculum.
Now, let's talk about the money making lies in the school
system. Now, I'm all for education, but education is by NO means
a guarantee of success. And remember, colleges and universities
have a money making agenda as well.
Here are some statistics:
Of the 691 billionaires on FORBES 2005 list, 388 are self-made;
18 are high school dropouts.
The average net worth of billionaires who dropped out of college
- $9.4 billion (more than double that of billionaires who have
earned Ph.D.s -$3.2 billion).
College dropouts are worth $5.3 billion on average, as compared
to those who finished and earned bachelor's degrees (wherein, in
comparison, are worth $2.9 billion).
According to a recent report from Cambridge, Mass.- based
Forrester Research, a full 20% of America's millionaires never
even set foot in college.
Self Educated....
- Billionaires: 18 - U.S. Presidents: 8 - Astronauts: 1 - Noble
Prize Winners: 10 (6 Literature, 2 Peace, 1 Physics, 1
Chemistry) - Olympic Medal Winners: 61 - Oscar Winners: 61 -
Best-Selling Authors: 55 - Presidential Medal of Freedom
Recipients: 13 - Congressional Gold Medal Recipients (U.S.): 12
- United States Goodwill Ambassadors: 2
(Statistics are from levinemedal.org)
In the words of Napoleon Hill, "In order to achieve success, it
doesn't take more classes, more seminars, or more sermons. It
doesn't take reading more books... what it takes is "A BETTER
USE OF WHAT YOU ALREADY HAVE!"
I could rant on and on, I could talk about "Flesh Peddlers"
(Employment Agencies), or "Hope Brokers" (Motivational
Speakers), or "Free Money" (Credit card companies, or grant
writers, ad nauseum)... but I won't.
Instead, I will give you a brief synopsis of what DOES work:
1) Have a definite major purpose, to improve conditions,
regardless of your craft.
2) Provide real and genuine value to the people you serve. Do
this by being a master! at your craft.
3) Even if you have the greatest product or service in the
world, you will always struggle if you can't communicate your
value: Package yourself, and tell your story well.
4) Mastermind, with a warning: Choose your mentors well. The
marketplace is filled with charlatans, and theorists who give
half-baked advice. Hang out with people that are committed to
the truth about reality. Avoid everyone else like the plague.
5) Faith is important, but learn the difference between REAL
HOPE and FALSE HOPE. False hope is the road to heartache. Hope
is the currency of phonies that have no REAL currency to pay you
with.
6) Don't just be caring, understanding and grateful. DEMONSTRATE
caring, understanding and gratitude. If you don't demonstrate
these virtues in your communications and actions, there's no way
for others to know.
7) Make clear agreements, don't sell yourself short, and get
paid up-front.
There are givers and takers in this world. Givers will pay up
front. Be prepared to give as well.
8) Live with integrity. There are talkers and doers in this
world. Demonstrate your integrity with the actions you take.
Many years ago, when I was an Area Governor for Toastmasters
International, I met a very successful man from South Africa. I
asked him, "What would you say is the secret to your success?"
He replied, "I can tell you in 3 simple words. Deliver The
Goodies"
Now that is sage advice.
About the author:
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