After studying the following statistics the question “Should I consider my own business?” will no longer exist. Prepare to sober-up.
“For the first time in history, the current generation is averaging a lower standard of living than their parents. Taxes have become an increasing burden, and a significantly smaller percentage of Americans under 45 now own their own houses.” – New York Times“The bankruptcy filing rate this year will be eight times higher than during the Great Depression — with one household in every 100 going the bankruptcy route.” – USA Today
“American wages today … Average wages have stagnated since 1973, something they have not done since the Civil War.” – New York Times
“More than a mil. households will file for bankruptcy this year.” – USA Today
“Job security today … 500,000 jobs are eliminated annually by technology alone. Large corporations laid off more than 400,000 workers in 1995 alone including:
IBM: 122,000 workers
AT&T: 83,000 workers
GM: 74,000 workers.More than 3 mil. jobs have been eliminated each year since 1989, for a loss of 43 mil. jobs since 1979.” – Misha, et, al, p. 82
“The only “job security” today is that which you create for yourself. When you build a solid business, you erect a fortress around you and your family impermeable by economic downturns.” – Jason Domingo
According to the Bureau of Labor Statistics out of all people that start employment at age 25, by age 65:
1% are wealthy
4% have enough to retire
3% are still working (can’t afford to quit)
63% depend on Social Security, friends or charity
29% are dead and 95% of all Americans retire in poverty after working for 45 years!
We offer the strongest and fastest growing online business today!
Not Sure You Have The Time? Most of our members have built their business part time, while holding down a day job. With our automated system, you can build a profit … using emails just like this one.