Monday, June 26, 2006

A New Report Reveals Some Startling Realities

My mentor and friend Virend Singh has just released a new report titled 'Retire Young, Retire Rich' (This is something Virend himself has achieved by using this business model).

To quote Virend:

"Only 1% of those in retirement generate incomes in excess of $50,000 p.a. This means that 99% survive on an income of $50,000 or less. In fact, the situation is more bleak than it appears at first glance because nearly 95% of retirees currently survive on incomes less than $26,000 p.a., and nearly 80% of them survive on $8,000 to $12,000 p.a."

He then goes on to ask: "What are you doing to ensure that you don’t end up in the 80%, or for that matter, the 95% crowd… or even the 99% crowd?"

If we are really honest with ourselves of course, most of us are not doing much at all.

Virend puts it bluntly:
"You can become a top 1% income earner - a ‘top one-percenter’. However, to become a ‘top one-percenter’, you need to think and act like a ‘top one-percenter’. Zig Ziglar once said, You can’t fly with the eagles if you scratch with the turkeys.” There is a lot of truth in that statement."

He goes on to say: " Your objective is to position yourself in such a way that you enjoy a good income, a high standard of living, and be the master of your economic destiny rather than a victim of changing economic times. In short, your objective is to become a ’top ‘one-percenter’.

Regardless of what you currently do for a living, you should be attentive of economic change and its likely impact on your financial future, and then prepare yourself accordingly. And to do
so, the key question is always:


Which businesses and industries are growing in this economy, and which ones are shrinking?

Then you need to position your economy so that it evolves congruently with the bigger economy. In this way you will be going with the tide of change instead of against it; you will be working smarter instead of harder."

You can get a free copy of the report by going to Virend Singh's website: www.virendsingh.com/products When you open the eBook, it will ask you for a username and password. You can use these: Username: Prosperity, Password: 211496448

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Name:Mike Barker
Location:Sydney, New South Wales, Australia

A veteran of seven years in the work from home industry and twenty years in television production and journalism, Michael now runs a successful International business from his Sydney residence, while acting as a consultant to work from home companies.

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