Book Review: The Next Millionaires — A Vast Amount of New Wealth Is Being Created Over the Next Ten Years. Here's Why — and How — You Can Be Part of It
By Paul Zane Pilzer
September 5, 2008 8:21 PM
 Do You Realize that We Are in the Middle of an Exciting Millionaire Population Explosion? In His Book, The Next Millionaires,
Paul Zane Pilzer Tells You How to Be One of Them
You've heard and read much of the "doom and gloom" about the current state of the economy. That's why it was heartening to read Paul Zane Pilzer's
The Next Millionaires.
Who is he? Pilzer is a world-famous economist, college professor, presidential economic advisor, and a
New York Times bestselling author. He is a multimillionaire entrepreneur who made his first $10 million before age 30.
And you can too!
Pilzer tells us, "Your timing couldn't be better!" This book shows you:
Why we are still at the beginning of the Internet, and how to use it for gain. That the "technology gap" is where to find economic potential.
Why home-based business entrepreneurs will be among the richest. How changes in tax law have given home-based
entrepreneurs the competitive edge. Why direct selling — also called "network marketing" —
has become the wealth-creation choice for millions. Pilzer's Purpose of The Book
In his common sense way of explanation — backed by economic and historic facts — Pilzer states, "The purpose of this
book is not to talk about our society, our government or our country's or the world's economic policies. The purpose of this
book is to talk about you and your life. About where our economy has been and (especially) where it's going. And most of all,
about what you can do, not just to survive, but to thrive and prosper in the years ahead." Pilzer sets the tone
and direction the book will be taking by introducing "Crisis or Opportunity," outlining today's economic myths of crisis and the
realities of today's opportunities. His focus and purpose is to give enough information that we realize that we "live in a time
of astonishingly rich opportunity." Your Personal Wealth: W (wealth) = P (personal resources) x T (your technology)
The equation W = P x T is the constant that Pilzer bases his economic theories upon.
How it has changed and expanded over generations is the answer to why he feels that over the next ten years, we will create an
additional ten million millionaires. Will you be one of them? Your P consists of:
- Your relationships — the people you know and who trust you.
- The businesses you know about from direct experience, and
- The amount of time you have available to work.
Your T consists of:
- Your basic skills — reading, writing, speaking, calculating and ability to process information.
- Your functional (specialized) skills you have learned to date, and
- Your adapting skills — the ability to adapt to change and learn new skills.
One of Pilzer's boxed tips (these tips are highlighted throughout the book): "How
much you discipline your mind to step out of its routines and look into new ways
of doing things that you haven't yet adopted is what will determine your economic potential."
The Age of the Entrepreneur In Pilzer's words, "We're in
the midst of a boom in home-based business, and it shows no sign of slowing."
He states that staying with a large organization and/or corporation today is riskier
that starting one's own business. He also goes on to describe the benefits, including
tax law changes and lifestyle. Why Direct Selling
"Of all of the entrepreneurial opportunities available today, one of the most
important is direct selling also called 'network marketing.'
The direct selling industry takes advantage of virtually every one of the trends we've just looked at,
and is perfectly positioned to create many of these Next Millionaires."
Pilzer devotes a whole chapter that lists the many benefits of the direct selling business:
- It will become the distribution method of choice for all new products and services.
- It is the perfect intellectual distribution business for today's economy.
- It offers the one-on-one, personal function of the direct seller. It works because a one-to-one personal conversation is the only way we actively learn.
- It is the single most effective medium we have today, both here and around the world, for helping people close their technology gap.
- It provides an opportunity — open to anyone at all, regardless of background, specialized skills or capital worth — to create a significant passive and/or residual income.
- Through direct selling today, you are exposed to trainings, materials, education, tools for developing belief system and management systems that you're not likely to find anywhere else.
Pilzer reminds us that, "Direct selling not only lets you build a better business it also makes you a better
entrepreneur... You only win when you help others win." He wraps it all up with a chapter on
"The Spiritual Nature of Business" and a final chapter which addresses how to be successful as a direct seller
(it is up to YOU) and how to pick a company.
Remember that over the next ten years, we are poised
to create an additional ten million millionaires — raising the total number of U.S.
millionaires to more than 18.5 million by 2016. The only question is where will those
Next Millionaires emerge? And how can you be one of them?
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