"These blogposts are a reflection of my personal journey to understanding how developing this financial education can improve the lives of my family and those whom I work with".
Raymond E. Lee
Raymond E. Lee
Tip of the iceberg. : a small part of something (such as a problem) that is seen or known about when there is a much larger part that is not seen or known about
Right now, in America, unemployment is over 20% and the rest of the world is dealing with record unemployment too. More than 20 000,000 unemployed
Maybe you lost your job, or maybe you still have one, either way you need to understand how this affects you and how to protect yourself. Many people I talk to on LinkedIn are still unaware of how serious this is and unfortunately they were schooled by PhDuh´s who are still selling the same archaic adages that allowed the problem to fester for the last 40 years. This problem has been growing and the paper tender tended for years like the professors in the Milgram experiment, they have tenure so not many have had the tenacity to face it themselves.
When unemployment is high, there are few jobs and a lot of people wanting them which is why we have been so busy building teams online.
This is good for solopreneurs and entrepreneurs because now they can get an amazing employees at bargin bin prices, but not good for employees and want-to-be-employees.
There is a shortage of money and gold money and this also means salaries will freeze. No reason to pay employees more when the business can go out and get a better employee even cheaper. Again, not good for employees (this isn´t the case in the For Purpose Enterprise we are currently building, but more on that in another post).
But… with all the FAKE money being printed out of thin air, inflation is on the rise. Now, businesses can sell their services and products for more money while their costs go down because they can pay their employees less. So now employees are making less but their personal expenses will rise. We know this cycle well in Argentina.
but wait, there´s more…
The US government just paid record unemployment benefits as well as stimulus checks whilst their mates in the FED printed a bunch of FAKE money.
Who has to pay all that massive debt?
YOU, the taxpayer.
Your salary and benefits will freeze or shrink, the cost of goods and services will rise AND… your taxes are going to get raised substantially. Oh and probably the dollars you have saved in that jar or buried somewhere will suddenly become obsolete.
The POOR MINDED will turn to the government, the government will turn to the multi-nationally owned corporations who own the banks, who will in turn smile back and ask, ¨How can we help?¨
The Muddle minded will take another loan to refinance a mortgage to hedge their money in bricks and mortar and
The Wealthy 1% will do what they always do and not be overly affected.
So… how do you protect yourself?
If you re-read what I wrote above, then you realize
the only one winning is the business owner.
He/she can get the best employees for dirt cheap.
He/she can start to charge more for their products and services AND business owners get massive, incredible tax breaks!
Which leads us back once again to the famous E-Quadrant. Even self employed don´t win, Entrepreneurs win!
Mind you, business owners are also at the whim and mercy of their governments political and economic ebbs and flows, however they have the cashflowhow to position themselves into the right assets . So what assets? You don´t need a PhDuh or tarot card reader to divine the answer
Want to know more?
To win at entrepreneurship you need three things:
1. A business (even a tabletop, side hustle, part-time business – here is who I recommend to get you a business fast and it´s free to enter),
2. An entity creation like an LLC or SLR (Some in your family will at least know a lawyer who can do this, I would never ask a lawyer for business advise though, ask a person in business),
3. A good tax advisor who can help you take advantage of the new tax code, although if you are in business with us you are tax exempt with many of the usual taxes.
Now… what business should you start? Cashflow is king, begin building something that will give you a weekly or monthly residual, open your back office for free and contact me and the team directly for next steps!
GO BE AN ICEBERG!!!!!
“The postings on this site are my personal opinions and do not represent the positions, strategies and opinions of Karatbars International GmbH.”