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Tuesday
30Dec2008

Rich Dad Prophecy – Build Your Own Ark through Network Marketing

 By Mike Klingler

If you look at the economy and what is going on today there are a lot of people who are suffering financially. In his book Rich Dad Prophecy Robert Kiyosaki warns of a coming stock market crash.

As I write this article, the Dow Jones Industrial Average plunges over 600 points. General Motors hit a 58 year low. It is now below 9000 for the first time in over five years.

People who have placed their retirement hopes in a 401K plan are watching their hopes of retirement go down the drain. Many who were expecting to retire over the next 5-10 years now are giving up on ever retiring at all.

What is Rich Dad’s Prophecy?

Despite all of the challenges that are taking place right now economically, the bad news (or the good news, depending on your perspective) is that this is only the beginning of what’s really going to happen.

Robert Kiyosaki’s Rich Dad, the wealth mentor he alludes to in all of the Rich Dad Poor Dad book series foresaw these events taking place over 20 years ago. Rich Dad believed that because of the retirement programs like Social Security, Medicaid, and 401K plans it would cause one of the biggest stock market crashes in the history of the world.

How is this possible?

Much of the stock market is being driven by defined contribution plans in which the retirement savings of millions of employees are invested in mutual funds that purchase shares of stock.

A significant portion of this population, born between the years 1946 and 1964 (aka baby boomers) are invested in these plans.

As this population gets older and begins to retire (the oldest baby boomers are already in their 60s) they will begin to readjust their portfolios from mutual funds that invest in stocks to mutual funds that invest in what are considered safer investments.

As millions of people begin to readjust their portfolios, what are these mutual fund companies going to be forced to do? They will be forced to sell the shares in stocks they currently own.

When that happens, the prices of stock will drop dramatically thus creating the biggest stock market crash in the history of the world.

How does this affect Network Marketing Distributors?

While this is bad news for many people investing in the stock market for their retirement, this is excellent news for network marketing distributors. Baby boomers are realizing that they are going to have to postpone their retirement because they don’t have enough money.

If you could show a baby boomer how they can build up a retirement income in 3-5 years that is not dependent on the stock market or the government, do you think they will be interested?

Of course they will and that is why this is going to create the biggest boom in the history of network marketing.

The top income earners in our respective network marketing companies haven’t even signed the distributor agreement yet!

Imagine recruiting a hungry baby boomer who knows that this network marketing business is probably the only hope of actually being able to build a retirement he or she can enjoy?

Imagine this new distributor has hundreds of friends and family members in the same boat, who also has friends and family members in the same boat?

Do you think this type of person is going to be motivated to build a huge network marketing organization? Absolutely!

The key question is where in the compensation plan are you going to be when this person joins your organization? In most network marketing companies, the higher you are in the compensation plan the more money you are going to earn when a person like this shows up in your organization.

Now is the time to position yourself as the scenario in Rich Dad’s Prophecy starts to reveal itself.

To get the help you need to grow your business, click for step-by-step Internet Network Marketing Training.