|

"How To Be One of The Next Millionaires," by Paul Zane Pilzer,
Your Business Magazine,
April 2006.
Page
1
2
3
4
More on
The Next Millionaires:
"Two
Industries Creating The Next Millionaires," by Paul Zane Pilzer,
Your Business Magazine,
November 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, July 2006.
"Crisis
or Opportunity - The 6 Myths and Realities of Economic Opportunity," by
Paul Zane Pilzer,
Your Business Magazine, July 2006.
"Creating
Fortunes in the New Economy," by Paul Zane Pilzer,
Success From Home
Magazine, September 2005.

"A Tale of Two
Industries," by Paul Zane Pilzer,
Success From Home
Magazine, November 2005.
The Next Millionaires, by Paul Zane Pilzer,
Direct Selling News Magazine, June 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.
 |
|
page 2 of 4
about wellness, the
sector will experience exploding growth.
Five years after I first began to study this trend, I
was stunned to learn the wellness industry had
already doubled to become a $400 billion business. By the year
2010, just four years from now, it will have become the next
trillion-dollar industry. In the last decade, many of the people who had
achieved new wealth made their fortunes in computers. In this decade,
many more will be making their new fortunes in wellness.
Network Marketing
and Wellness
As I began exploring this fascinating new industry, I found myself
asking a basic question: How are people learning about all these new
approaches to their health
and fitness?
Certainly not through their doctors. Doctors, hospitals
and pharmaceutical companies are mostly part of the “sickness industry”
because, until recently, most scientists and public policy leaders
viewed wellness or preventive care as “quackery.”
Today, numerous scientific studies have validated what
a few million Americans seem to have known all along: There are hundreds
or thousands of efficacious treatments to make people feel healthier, to
slow the effects of aging, or to prevent diseases from developing in the
first place. But until you first experience one of these treatments
working for you or a member of your family, you are probably going to
remain a skeptic and miss out on improving the quality of your life, and
reducing your long-term health care costs.
Correct information about diet, nutrition, vitamins,
minerals and supplements is almost all contrary to what we’ve heard from
our medical community. For many, it runs counter to how we were brought
up. There’s so much inaccurate information out there; people are
conditioned to it. When they first hear new, good information, naturally
they’re going to be skeptical.
The best way to learn about wellness is through someone close to you who
has had a wellness experience. You see your college roommate and go, “My
God, John, you look great. You look so healthy—what did you do?” You
bump into a wellness experience and start to find out that there is a
whole wellness industry out there, with all sorts of new products and
services.
Distribution
in the New Economy
In my 1990 book
Unlimited Wealth, I wrote that the new wealth in that decade
would be created
mainly by people who distributed things, rather than by people
who made things. The great fortunes of the 1990s would be made in
distribution.
But that opportunity has come and gone. The fortunes to
be made today and in the years ahead will be made by those who are
involved in teaching people about new products and services that they
either didn’t know existed or didn’t know were now affordable.
Intellectual distribution, as opposed to physical
distribution, is where the greatest fortunes are being made today
and will continue to be made for at least the next decade.
Manufacturers today report that the greatest bottleneck
they have is not in creating the next great new product; it’s how to
reach people and teach them that these new products exist.
People like to do things the old way. They fight
change. In everything we do, from shopping and cooking to taking care of
our health, we often have the nostalgic view that the good old days were
better, that the good old ways are the best ways. |
|
But the “good old days” were times of manure in the streets and rampant
diphtheria, of abject poverty and wretched living conditions. In the
“good old days,” when you heard that three out of 10 children were going
to get polio, you could only pray that it wouldn’t be your child, versus
praying that we could cure polio.
The truth is that
the “good old days” were not so good. Nevertheless, people tend to cling
to the known and resist the unknown. Consequently, when they watch
television, read magazines or surf the Internet, they tend to look for
things that reinforce what they already know. Most media, in other
words, is essentially passive—not a place where people are going to
learn a new way of doing something.

So where will they learn? There is really only one place: from other
people. The most effective way we have to teach people the new method is
one-on-one, word-of mouth communication. This is why, even though we
have sophisticated video-conferencing tools available, businesspeople
will still fl y clear across the country to meet face-to-face when they
have important issues to decide.
The best opportunities are not to go work for some big
company, but to go into business for yourself as an entrepreneur.
Network Marketing
in the Years Ahead
I have always been
keenly interested in education; I taught college students for 20 years
at New York University, and in the 1990s, I developed an educational
software product line. One of the most exciting things I’m seeing about
this new crop of 10 million millionaires is that they are more often
teachers at heart, rather than conventional businesspeople. They are
people who learn about a new product or new service and adopt it for
themselves and their families—but they don’t stop there. They then go
out and teach new people what they just learned.
Network marketing is both the oldest method of sales
communication and also the newest. And it’s the best method we have
today to change someone’s paradigm and teach them about a new product or
service—a new way of doing something that they wouldn’t have gotten by
reading a magazine, surfing the Internet or watching television.
Person-to-person, word-of-mouth communication
represents the cutting edge of intellectual distribution. This is why we
are seeing so many Fortune 500 companies jumping into the direct
selling arena, and Wall Street investors such as Warren Buffet entering
the business. Their engineers do a tremendous job designing and building
the product, but then they have no way to tell the customer it’s really
a different or better product, other than through one-to-one
communication.
Network marketing has grown steadily over the last 20
years, increasing 91 percent in just the last decade. With more than 13
million Americans and 53 million people worldwide involved, it is now a
$100 billion global industry. Yet as impressive as this is, it’s
not hard to see that the real growth in this business model has only
just begun.
prev
next |
|
|