Monday, March 31, 2008

Business Trends

Some people believe we are entering another depression. Everyone knows that our economy is changing. In school we are taught to get good grades, get an education and prepare for a secure job. Employee mentality is one of compliance. An employee waits for direction from external sources and does what he is told. No creativity, no personal involvement, nothing original, or going the extra mile. With many companies down-sizing or out-sourcing, many employees find themselves jobless.
Just in time the American economy is becoming more entrepreneurial. More work activities are driven by small business and entrepreneurs. Some people find themselves as consultants or contractors to companies they used to be employed by.
A while ago I read a book “The Next Millionaires” by Paul Zane Pilzer.
Mr. Pilzer explains in a very simple way how we are now moving out of the Industrial Age into the Information Age. With the arrival of the internet and globalization of business new industries are opening up.
He talks about four new areas of business becoming available for the entrepreneurs among us:
1 – The Wellness Business: With traditional health care failing us, people are looking for alternatives. Vitamins and food supplements are big. Fitness clubs are popping up everywhere. The baby boomers are setting the trend again; they don’t want to grow old.
Mr. Pilzer predicts that by the end of this decade, the wellness industry will exceed $1 trillion.
2 – The Internet: The internet has been around since 1990. Some business have come and gone in cyberspace but the internet is here to stay. With the exchange of information worldwide almost instantaneously, one can only imagine what will happen.
Mr. Pilzer proclaims that the Internet is a new emerging growth super-industry that has barely gotten started.
3 – Intellectual Distribution: This is the information age. Education, books, online seminars and most of all consumer awareness is big. Do you belief your doctor being like God, having all the answers?
Mr. Pilzer predicts that the #1 business opportunity for those who want to create new wealth is educating consumers about products and services that will improve their lives.
4 – Home-based Business: With a computer and a telephone one can start a business from the kitchen table. No commute, no overhead for office/store space, no employees, and a lifestyle including the family, what better way to conduct business?
Mr. Pilzer suggests that the greatest opportunity is to go into business for yourself as an entrepreneur. By combining some of the above mentioned methods the direct selling industry provides the perfect intellectual distribution business for today’s economy.

“It isn’t physical resources that make you wealthy; it’s technology that makes you wealthy.” - Paul Zane Pilzer from The New Millionares

These four trends are not only profitable moneywise; the greatest benefits come from personal development, training, and developing a strong belief system and leadership qualities, life skills which are certainly not taught in high school or college.
As the saying goes if you help enough other people to succeed, you can’t help to succeed yourself.

To learn about the educational and leadership training materials of the TEAM, please visit:

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