China is now the second largest economy in the world, right behind the USA, after passing Japan in 2010. Their economy is growing 9% annually while ours is stagnant, with little or no employment growth and terrifying debt. While we are having problems with foreclosures and jobs getting sent offshore, China's residential growth is astronomical and they are adding jobs in a frenzied pace. Shanghai will be the world's largest city by 2025 passing Tokyo. New York City is not even close. China owns around 60% of the USA debt. So those are the some of the economic facts, however, China is kicking our butt in network marketing too.
I was at the Market America convention in North Carolina this past year and learned a lot. I was excited for new developments in my network marketing business, but was also alarmed at the same time how there was a distinct difference in the success of my Chinese colleagues versus the Americans in the business. On a Friday night after the convention was done for the day, back at the hotel, the difference was pretty evident. The American distributors were busy drinking at the bar, swimming in the pool, and generally wasting time doing nothing. The Chinese distributors were having business meetings otherwise known as corings, were mingling with the executives of Market America and generally doing everything they can to make sure they bring their business to the next level after the convention.
At Market America, we have something called The Power Profiles (http://www.thepowerprofiles.com) which showcases successful people in our business. Take a look and what do you notice? The majority of the big money earners are Chinese. Some have come to America with nothing but the clothes on their back and are now making over a million dollars with their Market America business.
I am always looking for entrepreneurial professionals to partner with in my business. I am determined that my Market America business will help me and my business partners retire much earlier than they would if they worked the typical corporate career. The challenge I have had is finding the right people. When I introduce my business to an American colleague, the usual excuses why they cannot do the business always come up. They have no time, no money, they are all set and most of all "is it a pyramid?"... Dumb, just dumb. Meanwhile, they are wasting time watching "Dancing With the Stars" or comfortable with their stagnant life of going to their job making the top of their pyramid (the president or owner of their company) richer. Another example? Go to a Casino. Americans want the easy way out and hope they hit a jackpot even after they dumped their paycheck on a little video poker. By the way... how many Chinese people you see there?
I am sure I am striking a nerve with some people. Instead of getting angry about it, do something about it. Look to China and their drive to be successful and duplicate it yourself. Small business is alive and well and will be the only thing to get us out of this terrible economy. So do want China to claim that they are number one in 2025 or are you going to shut your TV off and look at ways to become more successful whether it is through network marketing or other entrepreneurial ventures?
China is Kicking Our Butt, So What Are You Going to Do About It?
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