From the desk of Bill Quain, Ph.D.
If you want to have more, you have to think like a store!
Fortune magazine calls the New Millennium the "Age of the
Consumer." And for good reason. With the advent of on-line
shopping and the expansion of huge discount chains, prices for
goods and service continue to drop, "saving" consumers
billions of dollars every year.
But wait - are consumers really "saving" when
they buy at discount? Or are they spending themselves into
the poor house while the giant e-tailers and retailers are
racking up record profits?
When you buy a $100 item at 40% discount, you don't "save" $40. You
spend $60! When you take $60 from your net worth to
buy a consumable, you not only lose the $60, you lose the
ability to invest that $60 and grow more money over time.
That's why consuming is such a drain on your net worth -
consuming takes away from, rather than adds to, your bottom
line.
Truth is, the vast majority of consumers will never
build financial security because they've been conditioned by
advertising to buy products and services that lose value overtime. Consumer-thinking
spends money, which leads to diminished assets and diminished
dreams.
The huge stores that sell consumers discounted products, on
the other hand, are producers of wealth, racking up
record profits for themselves and their shareholders. Producer-thinking
invests money with the idea of making money and building
equity, which are the keys to wealth creation.
Today, thanks to a paradigm-shattering concept called pro-sumer
thinking, average people can enjoy the best of both
worlds - they can produce wealth while they consume! That's
why I say that pro-sumer thinking is "buying
smarter, not cheaper."
Pro-sumers have more because they think like the store. If
you owned a Wal-Mart, you wouldn't buy from K-Mart, would you?
In effect, pro-sumers own their own "store" - My-Mart,
I call it. Pro-sumers learn to buy from My-Mart and then teaches
others to do the same, which enables them to create wealth
while they spend. Pro-sumers are in business for themselves...
but not by themselves.
It's a simple concept that is revolutionizing the way people
buy and work. When you change your thinking and buying habits
from short-term consumer thinking to long-term pro-sumer thinking,
you can change your life.
Don't discount your dreams! |