5th Trend is Global Economy Mega Trend

Recently I shared with you information from Jay Kubassek information about 4 global trends happening right now that are poised to help you create an Internet Lifestyle.

Let’s shift gears from the 4 disturbing trends and how they are effecting folks just like you and me.     We’re going to talk about how these 4 trends are converging to create a powerful 5th trend.

Let’s break down the four trends and see how they have converged, since 2007:

Trend 1) Massive shift to online buying continues (this is good for anyone doing
business online)

Trend 2) People are making less money (underemployment and recent graduate employment is at an epidemic level.)

Trend 3) Massive government debt and deficits continue (massive cuts will have to be made to social programs in the near future.)

Trend 4) 20 million baby boomers turned 50

The first four trends have converged to create a powerful, indisputable mega-trend.

The Resulting MEGA TREND…

The Age of the Entrepreneur

Over the last five years there has been a dramatic increase in the number of people
looking for ways to “make money” outside of the traditional realm.

FACT: Since 2007 the number of people searching the Internet for ways to “make
money” has more than doubled since 2007 to over 5 million per month. (Source Google.com/insights)

That’s a 200% increase.

Over the last two years there has been a dramatic increase in the number of people
starting new businesses.

FACT: According to the Global Entrepreneurs Monitor, 12.3% of people in North America were actively engaged in started or running a new business in 2011 – a whopping increase of 60% from 2010. (Source: http://blogs.cfed.org/cfed_news_clips/2012/02/rise-in-startups-draws-doubter.html)

FACT: 543,000 businesses were started EACH month in 2011 (Source: Kauffman Institute)

And, even though millions of people for the first time are starting businesses – here in
the US especially – we have a lot of catching up to do.

FACT: With only 7.2% of Americans self employed compared to Canada at 93%, Germany at 12%, and Italy at 26%. (Source: CEPR Analysis of OECD data.)

FACT: In order for the US to catch up with the other industrialized countries, about
20 million entrepreneurs would have to be created. (Yes, 20,000,000.)

Economists and experts agree. This truly is the “age of the entrepreneur” and if there is
any hope whatsoever for a sustained recovery, it’s going to be up to small businesses and
entrepreneurs to make it happen. (Source: Small Business Administration)

The millions of jobs outsourced to China and India are not coming back. The tech boom has come and gone. A Forrester Research report forecasts by the year 2015, approximately 3.3 million jobs will be lost irreversibly to outsourcing and off-shoring.

The age of the entrepreneur is here. The age when the only thing you can count on is you,
yourself. Your passion, your drive, your focus, your determination, your ambitions, and your perspective.

You Must Own Your Own Business

I saw these stats the other day and they were eye opening. If anyone thinks bailout plans
and social programs will empower the world just looks at who actually FUNDS it all.

*The top 1% of American taxpayers pay 40% of the income taxes.

*The top 5% of taxpayers pay over 60% of the taxes

.
*The top 10% of taxpayers pay over 70% of the taxes.

*The top 25% of taxpayers pay over 90% of the taxes.

*Even more mind boggling, the top 1% of taxpayers pay more taxes than the bottom
95% combined.

In New York City, America’s financial capital, 50,000 taxpayers pay virtually 100%
of the income taxes for a city of 8 million people.

This is why I encourage everyone to become an entrepreneur. Not only will you save yourself but you are the fuel on which all successful countries run.

So, how does one go about capitalizing on these trends and becoming an entrepreneur?

More specifically, how can YOU be one of the ten million millionaires created over the next decade as predicted by economist Paul Zane Pilzer?

How can you make sure that you are correctly positioned on the right side of this MEGATREND?

That’s next..

Info from Jay Kubassek shared with you by Dr Jill, Senior Marketing Consultant


					

2nd Global Trend: Underemployment

Recently I shared with you information from Jay Kubassek information about 4 global trends happening right now that are poised to help you create an Internet Lifestyle.

Today I will continue sharing information from him and talk about the second trend…

FACT: The stock market is where it was 10 years ago with economists calling this the “lost decade”

FACT: 50% unemployment amongst college grads of the last four years with an average income of $40,000 for those lucky enough to have found a job.

FACT: Nearly 30% of Americans “under water” where they owe more than their home is worth.

FACT: Household income is back to where it was ten years ago.  [Some of us have income significantly less than 10 years ago.]

FACT: First time in our nation’s history people feel their children won’t have a better life than they did.

Crazy, huh?

People now understand that it will be the sweat, creativity and passion of entrepreneurs who will build the new businesses, create the wealth and save this country. [Remember not everyone lost everything during the Great Depression – many entrepreneurs started out and flourished at that time.]

Even top MBA grads are shunning Wall Street and Corporate Americas to do start-ups and here’s why:

– “Job Security” no longer exists. Corporate and government layoffs and downsizing will
continue given economic realities and people are losing patience

– Unemployment rate at 8%+ with not much hope in sight. The long-term unemployed face an even more difficult reality, people are losing patience

– An additional 20% are “underemployed”

According to a recent Gallup poll, 31% of Americans think underemployment is the nation’s most important problem!

Combine that with the current state of the economy (and that of the foreseeable future),
people are beginning to realize that the only thing they can count on is themselves.

The jobs are not coming back and anything and anyone that can be replaced with a computer or outsourced to India – will be.

There is light at the end of the tunnel though!  We’ve got to get through the last two trends first.  More on that later!

Info from Jay Kubassek shared with you by

Dr Jill, Senior Marketing Consultant