What It Means to Be in a New Economy!
Back to School, Hello Fall, and Happy Halloween All in 10 Days!
My daughter started school almost 2 weeks ago and even though technically summer isn't over, it's pretty much over. Yesterday I walked into Lowe's and saw this 16-foot grim reaper staring straight down at me. I'm like...WTH?? Didn't we just celebrate the 4th of July?
I bought a 16-foot Grim Reaper at Lowe's the other day.
Strangely enough, when I saw this amazingly tall and oversized blow-up Halloween lawn decoration, it made me smile. In fact, I couldn't stop smiling when I saw it. I still can't stop smiling about it. :-)
You see, I'm a Halloween junkie. It's my favorite holiday and it's the only one I actually go "all out" with a variety of different blow up "things" in my lawn with the precise intent on showing up my neighbors. Yet by the time Christmas rolls around, my yard pretty much has nothing to celebrate the overrated retail-money-suck-driven holiday. Even a Charlie Brown Christmas tree much more than what I do for Christmas.
But Halloween is different.
It's a day where you can do something different...be somebody different. There's a magical element to that to me, for some reason.
So, there I was at Lowe's, smiling my ass off at a grim reaper that is about as tall as my house, and thinking how freakin' awesome it'll be in my yard since I live at the end of a cul-de-sac. I stuffed 1 of the last 2 boxed grim reapers they had in stock into my cart while thinking..."Isn't life awesome?!"
Lately the seemingly dumbest things have been making me happy. And I'm not sure why I was so ecstatic about this grim reaper. Is it because he's so unusually large in size and I've never seen any holiday yard blow-up thing so cool? Or is it because I can spend $200 on something so stupid and not think twice about it? Or because my neighbors will gasp in shock and awe at how awesome it is? (Nah, I really don't care about them but I do care about the kids gasping and being in awe! Halloween is for the kids, after all.)
I figured out the real reason why a dumb holiday yard blow-up grim reaper makes me happy.
Because I'm not miserable about anything else.
Yes, that's right. You read that correctly.
Most people are running around feeling stressed about money, or their job, or their future, or making a mortgage payment, or a variety of different things revolving around "survival" and "trying to make it." They'd be too stressed out to enjoy something as goofy as an overpriced, oversized lawn decoration.
I've been extremely lucky that I've been able to figure out business and investing early on. I've been pretty good at bringing in a consistent cash flow into my life from real estate investments, business activity, and even residual income from things I've written.
I had a conversation with a student of mine a short while back. He has 2 Master's degrees in business, he just turned 50 years old, and his six-figure-annual job just gave him his walking papers because they believe they can hire 2 college kids for a fraction of what they pay him, mold them to their liking, and have another set of slaves for at least 2 1/2 decades when they know they can't get that amount of time out of a 50-year-old.
Now he doesn't know what to do.
This is exactly what I've been talking about when it comes to the "New Economy," folks! Things just ain't what they used to be anymore.
But guess what?
If you can -- even for a few minutes -- stop thinking like a Paycheck Charlie and start thinking about an entrepreneur, you'll very easily see how this New Economy can work in your favor.
You now can easily make a six-figure-annual income...working 20 hours a week or less and never having to leave your house.
You now can easily take advantage of some incredible loan programs for commercial property allowing you to be a real estate cash flow millionaire by solely using other people's money.
It's all in what you know.
A Paycheck Charlie only knows how to put together a resume and how to start applying for jobs. He or she also knows how to do reasonably well in an interview, how to get a job, and how to take orders from someone else for 40 hours a week. He or she knows how to trade hours for dollars.
And that's hard work in my opinion.
Recently I had to do some interviewing myself. I was replacing 2 employees in my warehouse. The job pays $11 an hour.
And I had dozens of people with degrees applying for the job.
What the hell is going on here??
It seems that once someone adopts the Paycheck Charlie mentality -- no matter what economic changes occur -- they can't break free of that limited type of thinking.
It's not a matter of deciding to change your thinking process because it might be good for you.
It's a matter of being required to change your thinking process because you don't have a choice anymore.
While people are demanding minimum wage to be raised to $15 an hour, little do the small-minded thinkers realize is that there are shiploads of robots coming in from China as we speak to start replacing these minimum wage workers.
After all, if you owned a McDonald's, what would you rather have:
An employee who not only demands $15 an hour in minimum wage (for very limited skills, mind you, such as mopping the floor and flipping burgers...brainless skill-less activities) but calls in sick, steals, files a Worker's Comp claim for slipping in the back, steals, punches another employee out in the parking lot (and now the other employee is suing you), files a discrimination lawsuit against you, and then slacks off on the job to the point where you have to terminate him...now he's collecting unemployment that you have to pay for!
"Hire" a robot imported from China which costs you $5,000 plus maintenance including upgrades on software...and that's it.
No salary, no lawsuits, no insurance, no days off, no calling in sick, no hurting other employees, no stealing, no drama...nothing.
It's coming, folks! If you think I'm joking, just wait around for another couple of years and watch those minimum wage jobs evaporate left and right.
Now, you have another choice...and no, it's not going back to college to get a useless degree to become "educated" so you don't have to sink to the point where you need a minimum wage job. (Because, after all, I just demonstrated that those jobs are going to be disappearing very soon.)
You have to become "educated" in another fashion.
This is why I love America. I recognize the never-ending opportunities everyone has here at their fingertips...including you. Especially you. Because you're already here!
And if you're reading this, you probably read and speak English well.
Simple elements needed to be highly successful in our New Economy.
I was watching a Secret Millionaire episode recently where I was comparing the difference between the millionaire and the guy who was barely able to make end's meet.
And, as far as I could tell, there was no difference except for one thing:
The millionaire "knew" something about how to navigate through commerce and the other sap had a Paycheck Charlie mentality.
But that was the only difference!
What did the millionaire know? Did he have some wiz-bang degree from a college?
Nope! In fact, he was a high school drop-out.
He knew how to develop a product that would sell and he also did well in investing.
Oh, one more thing: he wasn't afraid to take risks and start a business.
That's sort of important.
Our economy isn't going back to where it was so now you're faced with a question that you have to answer:
How are you going to start cashing in on the New Economy in order to not only survive but thrive these major economic changes? Are you going to invest or are you going to start a super successful Aggressive Income business? Or both?
What are you going to do?
See you at the top!