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The Wellness Revolution |
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"The Wellness Revolution", by Paul Zane Pilzer, Empower, December 2007. More on
"How To Be One of The Next Millionaires," by Paul Zane Pilzer,
Your Business Magazine,
April 2006. "A Tale of Two
Industries," by Paul Zane Pilzer,
Success From Home
Magazine, July 2006.
"Crisis or Opportunity - The 6 Myths and Realities of Economic
Opportunity," by Paul Zane Pilzer,
Your Business Magazine,
October 2006.
"A Tale of Two Industries," by Paul Zane Pilzer, Success From Home Magazine, November 2005.
The Next Millionaires, by Paul Zane Pilzer, Success at Home Magazine, published March 2005. A vast amount of wealth is being created over the next ten years. Here's why--and how you can be a part of it.
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The Internet, television and magazines are all passive media. The only place where we actually learn something new, where we engage with new information to the extent that we may actually change our minds and try something new, is in a live, one-to-one conversation. And that is what has given rise to the vehicle of distribution known as direct selling, or one-to-one marketing. Direct selling has grown steadily over the past 20 years, increasing more than 91 percent in just the past 10 years. With over 13 million Americans and 53 million people worldwide involved, it is now a $100 billion global industry. Yet as impressive as that is, it’s not hard to see why the real growth has barely begun. For one thing, the demand is increasing exponentially. Because of the ever-accelerating pace of technological advancement, there is a growing flood of new products and services that desperately need their story told in the marketplace—stories that no amount of screaming TV ads or sprawling Internet pop-ups and banner ads can effectively tell. Today, fewer than 1 percent of the population is involved in direct selling, yet people are pouring into the profession at the rate of 175,000 new people per week in the United States alone. According to Neil Offen, President of the Direct Selling Association, at the current rate of increase, some 200 million people will enter this industry over the next 10 years, effectively quadrupling its current population. One-to-one marketing is already a force to be reckoned with—but there is an explosion ahead. The Wellness Industry A similar situation exists in a new health-related industry that has grown so quickly it already does more than one-third of a trillion dollars per year—and yet, relatively few people even recognize that it exists as an industry. Wellness is not the same thing as health care. What we call the health care business is not really the health business, but the sickness business. Our medical industry today has very little, if anything, to do with health. The $2 trillion we spend on medical care, which represents one-sixth of the U.S. economy, is concerned with treating the symptoms of illness. It has very little to do with preventing illnesses or making people feel stronger or healthier. Today, however, there’s a new industry that has nothing to do with sickness but is all about creating wellness. Wellness doesn’t treat people who are sick or address illness. Wellness is for people who are already well and who want to stay that way, slow down the aging process or keep from becoming customers of the sickness business. Here is how I define wellness: Wellness is money you spend to make yourself feel healthier, even when you’re not “sick” by any standard medical terms. |
Dollars spent in the wellness industry are spent to make you stronger, to make you see better, to make you hear better, to fight what we might call the symptoms of aging. Ten or 15 years ago, it would have been tough to go into the wellness industry. Why? Because there was no wellness industry. What happened? Well, the phenomenon of aging has obviously been around for as long as life itself, so it wasn’t as if there was a sudden spontaneous need for a wellness industry. The wellness business showed up in the last decade due to new technology. Who would have imagined that we “needed” to create a product to address sexual performance for 70-year-olds? Geriatric impotency is not exactly a medical problem that society was worrying about. When it hit the market in 1998, the whole world started making Viagra jokes— but notice, everyone accepted that the product worked. Not only that, it became an instant $10 billion business. Viagra for sexual performance, Rogaine for hair growth, cosmetic dentistry and elective plastic surgery, antioxidants and other supernutritionals… all these new products and more enhance quality of life and slow down the aging process, and they all are the result of recent advances in technology. At the onset of this decade, when I first began taking a serious look at what I later came to call the “wellness industry,” I thought that these currently-existing aspects of this new industry might already add up to a few billion dollars in U.S. sales. Once I did careful research, the true figures were astonishing. When I added up all the different facets and aspects of wellness, I found that wellness was already a $200 billion business. Even during the economically more difficult years of 2001-2004, this phenomenal growth continued. Today, only a handful of years later, it has nearly doubled to become a $350 billion dollar business. To the $70 billion in vitamins and food supplements you can add $24 billion in fitness club memberships. A generation ago, whoever heard of joining a fitness club? In 1975, jogging was regarded as a “craze,” a fringe thing, like the hula hoop, that would go away quietly if we just gave it time. The idea that an entire nation would consider running as a normal, everyday activity would have been seen as lunacy. To this $94 billion, you also need to add another $12 billion paid to personal trainers. Personal trainers?! Twenty years ago, nobody would have believed it. A top-paid athlete, sure, but everyday people, actually paying someone to show them how to step on and step off a machine, just to stay fit? Who would pay for such a thing? We would: $12 billion worth. | ||||||
| PUBLICATIONS |
The
Next MillionairesExplains how you can become of the the ten million new millionaires that will be created between 2006-2016. |
The
New Health Insurance SolutionHow to get cheaper, better health insurance from birth to old age without an employer plan. |
The
NewWellness Revolution How to make a fortune in the next trillion dollar industry--preventative medicine and wellness. |
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New
York Times BestsellerGod Wants You To Be Rich Explains how our economic system is based on our biblical heritage, and you can prosper materially and spiritually. |
Fountain
of WealthAward-winning 6 CD (or cassette) audio series explains the new opportunities for creating wealth in the 21st century. |
Other
People's MoneyPilzer's first book, exposing the S&L Crisis and the history of savings in America. |
Unlimited
Wealth Pilzer's seminal work explaining how we live in a world of unlimited physical resources because of rapidly advancing technology. |
The
Next TrillionWhy the wellness industry will exceed the $1 trillion health care (sickness) industry in the next ten years. |
Real Estate
ReviewCollection of articles on the guidelines for success in commercial real estate investments. |
The
Wellness Revolution How to make a fortune in the next trillion dollar industry-- preventative medicine and wellness. |
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