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February 2009

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a beautiful breed called idea-idea

a beautiful breed called idea-idea from Malaysia

This is a scary thought.

Consider this prediction from some of the management gurus like Tom Peters:
“Ninety percent of white-collar jobs as we know them (and, ultimately, 90 percent of  all jobs as we know them) will be disemboweled in the next 15 years (from 2005).  Done. Gone. Kaput.  Between the microprocessor, 60/60/24/7 connectivity, and outsourcing to developing countries, the developed nations’ white-collar jobs are …doomed.  Time frame?  Zero to 15 or 20 years.  How confident am I on this point?  Totally.”

Scary because of the magnitude of change.  Scary because it is so imminent.  For most of us, we would definitely survive the next fifteen, twenty years to witness this if it is going to happen.

Whilst some people might be questioning the validity of the prediction, I choose to follow this “hypothesis” as my starting point.  The question to me is “what if?”

I am convinced that the speed of things moving forward would be faster and faster.  Looking back the last 15 years can be a good reflection of how fast changes can come.  The like of ATM machines, airline bookings, fund transfers, smart cards, e-tag, e-bay, out-sourcing, and virtual offices, have given a picture how fast and widespread information technology and globalization have changed the landscape of doing business.

The changes will certainly affect everyone, particularly so for the ones currently under the age of 40.  Sometime during their most productive years, they would have to face dramatic changes in the way the “new economy” works.  How most people weather that is still a big puzzle.  But, this would be an area very well-worth planning for.  I am talking not just talking in terms of a personal prospective, but from a community, and indeed from a government standpoint.

As much as changes can be nerve-racking, no small number of people would look at them as blessings in disguise.  These people are called “entrepreneurs”.

Live Life, Junius.

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source: www.guardian.co.uk

source: www.guardian.co.uk

There is no shortage of shocking news around the world these days. Just the last two days, we have heard of a plane crash in New York, and another one in London. As for Australia, it has more than a fair share of the natural disasters. I am talking about the flooding in the northern part in the State of Queensland, and the bushfire in the State of Victoria. In the span of a week, the latter has scorched over 450,000 hectares of land, and wiped out over 1,800 homes, caused 181 deaths, and over 7,000 people homeless.  As expected, the final number in the death toll will definitely be a lot higher.

Time and again, events like these remind us how vulnerable human lives can be.  Amid the mourning and sighs over the loss of family, friends, property, and life-earned possessions, there are stories of courage and love.  We are particularly touched by the work carried out by the voluntary bodies like the CFA (Country Fire Association) and the Red Cross. I am sure that there are numerous other unsung heroes out there who have helped in every big and small way to bring people under shelter and away from danger. We salute to these guys who have done so much for the benefits of the others.

Staying in the comfort of my home in Sydney, I question how much do I (or can I) understand the anxiety and despair experienced by those people in the danger zone there. I can tell you now that I come to know a bit more after I stumbled across the blog site called The Professional Hobo by Nora and Kelly.  Nora’s experience of the first day of the fire in the neighbourhood of Taggerty gave us a vivid picture about the dangers of living in the bush.

From the media, we learnt that the high death toll is because a lot of people hadn’t had enough time to respond.  The velocity with which the fire spread was beyond what many have perceived. This could be seen by the way people fled.  They barely had the time to gather their valuables.

To the people who unfortunately are amidst these trauma and loss, our heart goes to you and your family. We feel your pain.  Even in your darkest moments, please be reassured that there is always a loving GOD up there, willing and able, to listen and give you peace and strength.  Just pray to HIM and you will find.  Amen.

Live Life, Junius.
p.s. In collaboration with the Victorian State government, the Australian Red Cross has been more than prompt to provide assistance to all affected by the devastating bushfires in Victoria. You can make a secure donation by going to their website at http://www.redcross.org.au/default.asp

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There are a couple of things that have helped me mature and grow my business in network marketing (or MLM).  These ideas are not new, but when I make them part of the culture of the organization, they really have helped in growing a very sustained passive income business.

Firstly, think in terms of multiplication, not “addition and subtraction”. Whilst most people know the importance of compounding and duplication, many of them that I come across tend to focus on getting numbers.  Getting numbers is definitely good, but making duplication work even with smaller numbers is actually even better.  People come and go for various reasons. It is duplication that can make a lasting impact on the business.  A successful business can be as easy (or difficult) as finding 2-5 serious people and teaching them to do the same. Period.

Secondly, think in terms of building a residual income stream, not just extra income. How often do we tell our new people how they should look at the first cheque they receive in the first month?  Earning residual income is like earning interest on money in a bank.  Taking interest rate at 3% per annum, a first cheque for as little as  $50 could mean that you have effectively built a $20,000 deposit in the bank.  And $500 a month would mean $200, 000 in the bank….and so on.  Is this “pool of money” worth working for?  It is your choice. :)

Network marketing (or MLM) is a people business.  I find it fascinating because it makes me think more about people, about others, about myself, about relations, about human nature, about love, and about life….more so than any other things I do in the past.  It is a good way to learn how to lead a happier life, and build better relationships.

In the spirit of the late Nadine Stair, we cannot go wrong, can we?
“I’d make more mistakes next time. I would be sillier. I would take fewer things seriously. I would take more chances. I would climb more mountains and swim more rivers. I would perhaps have more actual troubles, but I’d have fewer imaginary ones……. I would travel lighter than I have. I would pick more daisies.”

If I can pick more cash as well, even better. :)

Live Life, Junius.
p.s. Thanks to my friend Danny, I had the opportunity of viewing Tim Sales’ latest video recording on Brilliant Compensation.  I find it an incredible educational tool on the subject of network marketing (or MLM).  The video lasts for about one and a half hours, but the time is definitely worth spending for.  You can click on the link and check it out for yourself.