70 Percenters
According to Money Magazine, 70 percent of American spouses say they argue about money in their marriages.
According to David Bach, 70 percent of Americans continue to live paycheck to paycheck regardless of increasing incomes.
Technorati Tags: Home Based Business, Internet Marketing, Internet Business, Quixtar, WWDB, Affiliate Marketing, Private Franchise
According to David Bach, 70 percent of Americans continue to live paycheck to paycheck regardless of increasing incomes.
Technorati Tags: Home Based Business, Internet Marketing, Internet Business, Quixtar, WWDB, Affiliate Marketing, Private Franchise
posted by anonibo at 13:16
4 Comments:
That is due to a lack of discipline, not a lack of money. It seems to me that the MO's teach you to be discontented with low income, but the true path to financial freedom is disciplining yourself and living within your means.
While Quixtar will increase means for a meager few, the masses will stay relatively constant in income, if not lose a little due to paying higher prices.
Worse case scenerio is being locked into an MO and spending thousands more a year than you make effectively losing the ability to use that money wisely.
"That is due to a lack of discipline, not a lack of money."
I assume you are referring to the paycheck-to-paycheck scenario? On this point, I would agree with you completely. The financial position of most people can be contributed to lack of discipline: Practicing immediate gratification, living above their means, being in debt.
Interesting that you attribute this phenomenon to individual discipline, but suddenly, within the arena of Quixtar, all the responsibility falls on those evil malcontent Motivational Organizations....
I'm not sure what your MO experience is, but WWDB provides a debt management program taught by their accounting division, and counsels their IBOs to live within their means & practice delayed gratification. Their book list contains classic economic discipline instruction like "The Richest Man in Babylon". There's certainly a lot that can be done towards self-sufficiency by simply applying discipline.
If more people ran their household with as much economic discipline as they are required to follow at their jobs, their finances would be in a much better state.
So I'm going to assume you are correct: 70% of Americans lack the discipline to remove themselves from a paycheck-to-paycheck dependency. This 70% must also include Quixtar IBOs. Logically, therefore, 70% of IBOs would lack the financial discipline to follow the economic counsel of their MO... so where does the responsibility *really* fall?
The greatest advice in the world is useless to the person who fails to follow it. MOs only work for those who "have ears to hear". If you're a 70 percenter (and unwilling to change) it doesn't matter what organizations with which you may or may not be affiliated.
As a side note, however, unless you've been living in a hole for the last 30 years, it is an economic certainty that two-income households today have less buying power than one-income households of the past.
To borrow Greg Duncan's analogy, if you think of finances as a sink of water, where you're trying to do everything you can to plug up the drain so that it runs out as slowly as possible-- that's all well and fine, but unless you're still living in that hole, the obvious next step is to turn on the faucet.
There's a distinction between teaching to "be discontented with low income" and teaching people to see through the cop-outs that they've been taught or accepted themselves that only coddle and justify poor finacial discipline, or mediocre life achievement.
The concept of Self Actualization is NOT new, nor are Quixtar-affiliated organizations alone in teaching it.
On the contrary to the statement of problems being the MO's fault, I do indeed hold that the people hold responsibility. I claim responsibility for my actions leading to losses in BWW, I made that very clear at the end of my detailed account.
My problem is that the MO's teach a very mixed message and do hold a piece of that resposibility because of the pressures to buy the tools, the claim that they are absolutely needed to succeed, the failure to help you if you not fully plugged into the system, etc.
There is a mixed message, however, in that, in BWW, they speak about living debt free out of one side of their mouth, then turn around and tell you to buy more tools even if you have to go into debt. I have tapes that teach this. One of the greatest started in Kumars team, and then infected the rest of BWW, "If your business is not growing, the first thing many people do is stop buying tools! If your car is out of gas, do you take gas out, or do you put more in?!!!"
Again, this is BWW, not WWDB, however, the WWDB speakers that I have heard (which includes most of the high level pins: Puryear, G.Duncan, B.Duncan, Hawkins, Wolgamott, Severn to name a few) held teachings consistant with this teaching. In addition, there are many other critics that came from WWDB that hold a similar view.
Your statement, "There's a distinction between teaching to "be discontented with low income" and teaching people to see through the cop-outs that they've been taught or accepted themselves that only coddle and justify poor finacial discipline, or mediocre life achievement." is absolutely agreed with by myself. Any excuse for failing to do your best is a serious problem, but the motivational organizations have not helped the cause, it is my opinion from years of involvement that they make things much worse for most participants.
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I can see where a line should be drawn between emphasis on tool flow and what to do with those tools.
I personally can see how tool flow is important to keep a growing group motivated, educated and most importantly, supplied with professionaly produced promotional material. Regarding the Kumar quote, the gas analogy is only applicable if one is diligently, consistently making a marketing effort in parallel with purchasing tools. If one is not making a marketing effort, it's like you've given away your car but are buying as much gas as if you still had the car.
If one takes the term "tool" in the literal sense, say that the business model is a construction business-- buying all the hammers, nails & lumber in the world will not make you a profitable construction business unless you're going out and getting building contracts to use those tools.
So in that sense, yes... if one had a limited amount of capital and needed to choose between using that capital for building tools and supplies or for marketing efforts, one should definitely focus on the marketing efforts, not stockpiling hammers, nails and lumber.
Speaking from the experience of 10 years of chosen inactivity in the marketing area while spending money on tools, I put the responsibility of the expenses of one who buys tools without making a marketing effort to be upon themselves, not upon the supplier of tools.
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