In a moment, there is a link to some great shots of La Mirage by Todd Smith.
However it is Todd’s success with his web business after attending our course that I want to share.
The global economy is going though a much needed cleanse. A recent USA Today article reports that census numbers show that a record one in nine U.S. housing units are vacant, including about 3% of owned homes. The Mortgage Bankers Association says more than 2 million homeowners faced foreclosure last year. The median sales price dropped 12%, according to the National Association of Realtors — far more in parts of Arizona, California, Florida and Michigan.
This inventory is delaying any kind of housing recovery and will dampen the job market for some time. This is especially true because of the lack of demand.
One in nine means that 14 million housing units are vacant. USA Today says: That number does not include an estimated 4.8 million seasonal or vacation homes, most of which are occupied part of the year. The combined vacancy rate of almost 15% is higher than during previous recessions: 11% in 1991 and 9.4% in 1984.
• About 3% of owned homes are vacant. In normal times, “maybe 1% should be vacant.”
This means we should not expect to see any economic recovery soon.
A recent New York Times article entitled “U.S. Is Pressed to Add Billions to Bailouts” by Edmund L. Andrews, Andrew Ross Sorkin and Mary Williams Walsh says: The government faced mounting pressure on Monday to put billions more in some of the nation’s biggest banks, two of the biggest automakers and the biggest insurance company, despite the billions it has already committed to rescuing them.
The government’s boldest rescue to date, its $150 billion commitment for the insurance giant American International Group, is foundering. A.I.G. indicated on Monday it was now negotiating for tens of billions of dollars in additional assistance as losses have mounted.
Separately, the Obama administration confirmed it was in discussions to aid Citigroup, the recipient of $45 billion so far, that could raise the government’s stake in the banking company to as much as 40 percent.
The Treasury Department named a special adviser to work with General Motors and Chrysler, two of Detroit’s biggest automakers, which are seeking $22 billion on top of the $17 billion already granted to them.
All these companies’ mushrooming needs reflect just how hard it is to stanch the flow of losses as the economy deteriorates. Even though the government’s finances are being stretched — and still more aid might be needed in the future — it is being forced to fill the growing holes in the finances of these companies out of fear that the demise of an important company could set off a chain reaction.
This means the government is creatng more money then it has and we are likely to see inflation.
So what can we do?
One is buy real estate in California, Florida and some of the other hard hit states. There will be real bargains. Merri are headed to Florida as fast as soon as we wrap up our March tours in Ecuador.
Start our own business. No other time offers such great opportunity. The old boys network is slashed. Big business cannot compete and labor has not been so abundant in decades.
This is why Todd Smith sets such a great example.
Todd attended one of our courses on how to self publish and has developed a growing, thriving internet business.
Here are two important points about Todd’ success.
First he already had a successful wedding photography business. However hat type of business did not have the upside potential nor offer the freedom he desired.
Second he was not enjoying the business. The hours and the types of photography did not fit Todd’s desires. He had a passion to earn in a different type of photography.
So he turned his passion into profit!
Due to numerous successes like Todd’s and because of the ideal business conditions created by the economic correction, I have developed a new course... The Tangled Webs We Weave…A Web Based Business Course
You own web business provides enormous freedom. You can like anywhere you desire… a Cotacachi business is great. This is a quiet peaceful place without much crime, noise or pollution. Merri and I have have a web business that works in Cotacachi, the Blue Ridge of North Carolina or anywhere we choose in the world?
The reason we can have this freedom in business is passion.
I am one of the luckiest guys in the world because my children are continually doing things that I learn from. This allows me to be a bragging dad and actually share a worthwhile point in the process.
For example Merri and I recently were reminded of the most important secret of business success from our youngest daughter, Eleanor. Here is a shot of Merri and me riding the Virgina Creeper Trail last summer with Ele.
Eleanor is just 27 but has already built a very successful London based business that not only provides her a six figure income, but gives her the freedom to travel the world. This last year, she visited us twice in the US plus spent time in China enjoying the Olympics and made numerous other trips. She has over four months of each year to travel wherever she desires…and earn as she goes.
While she was last with us, we had a great deal of time to talk and she surprised me by sharing a valuable lessons about business.
The first lesson came when she was telling me about her latest efforts at getting some of her students auditions and roles in London West End shows. Ele started as an entrepreneur early. She owns a performing arts school in London that teaches dancing, drama and singing. Here are some of her students in the production of Aladdin they are currently performing.
Ele’s school is a franchised operation…one of about 600. She is one of the youngest owners yet has one of the top ten busiest schools.
One reason for her success is the enormous energy and passion she puts into her business. Another reason for her success is she has a growing reputation for getting her students professional roles in the London theater.
She currently has eight of her students working in London’s West End.
Two are in the Sound of Music at the London Palladium on Argyll Street.
Two are in Rodger and Hammerstein’s Carousel at the Savoy on the Strand.
One is in Disney’s Lion King, at the Lyceum Theatre on Wellington Street.
One is in Les Miserables at the Queen’s Theatre on Shaftesbury Avenue.
I was a bit surprised at this success and asked her “what is your trick”. She replied:
“This is very simple. I give the children who have extra talent free lessons. I bring them to my home and work with them there.”
When I questioned the wisdom of giving away her services as being part of a good business model, she replied:
“This is not about the money, Dad. The thrill of hearing those kids when they call me and tell they were selected is worth every minute I put into this. I love those calls so much, I am happy to devote my time and effort.”
This is the secret. Do what you love and figure out how to make money in the process.
In Ele’s case, she has profited indirectly…but the profit is not the purpose. This is a matter of fulfillment and of the heart.
This has always been an important idea, but grows in importance now. Our message about the upcoming 2011 disaster showed an economic distortion that is so grave it will force many of us to continue working… or to work more then expected or… to start working for oneself when an existing job is eliminated.
This problem is so acute and the importance of having more people do what they love is so vital that we have decided to write a new course…on how to develop your own international internet business.
I have now started this course and before I launch it to the public want to make a special offer…that gives you this course free…or more.
Years ago, Merri and I had 23,000 print readers…micro sized in publishing terms….but very, very profitable for us. We made millions from this business. We believe that in this rapidly changing world…small is beautiful.
When money stopped mattering as much, our children were grown, finished with university, we sold our print business and took a year off…lived with a shaman high in the Andes.
Then we morphed into an internet only business. Our readership began small, with about 1,600 email readers. We expected to slow down and smell the roses more. We even bought an isolated hacienda high in the Andes called Rosaspamba (Place of roses).
As crazy as it seems, we could actually run a business with this small readership and make a profit because our readers are so wonderfully responsive.
This is what the new course I am creating will teach you….how to have a small, safe, profitable global internet business by creating wonderfully response, fun to be with, like-minded customers.
Today, our business remains micro sized but we have grown from 1,600 readers to four main subscription lists consisting of 16,782 subscribers.
The downturn of 2008 has not slowed us a bit. In fact we are growing faster, in number of subscribers and income, than ever. December 2008 was our busiest month on the internet ever…by about 50%! January and February 2009 were up 226% over January and February of 2008. This March we have almost surpassed March 2008 sales in the first ten days.
This is all at a time when many say the world is economically depressed. Yet our sales are way up and growing almost every month.
Our list and sales are still tiny compared to many of our competitors and associates who make millions a month. We make tens of thousands…sometimes hundreds.
Yet we have been able to add this extra income with a surprisingly small amount of added overheads. This number works perfectly for Merri and me…a fun sized readership. In our opinion, this should be the key in business… satisfaction… fulfillment and fun…through service along with the profit.
Yet, profits do matter. Almost every month our internet sales have been rising. In 2008 they rose nearly every month and created a new record for web based sales for us.
These internet sales alone have given us the freedom to live in an isolated Blue Ridge farm during summers and in Ecuador the rest of the year…yet still earn many tens of thousands of extra dollars a month.
Now you can learn everything I do to create this extra income and have fun and fulfillment in a micro publishing business.
The syllabus of this course will help you learn how to find something that is fun, fulfilling and profitable for you to do.
Our growing income is one reason I have decided to create this course.
Second, the economic downturn of 2008 means that more of my readers will need a new way to earn in the years ahead.
Yet the third reason was the straw that made me decide to do this….my webmaster who helped me start this site agreed to co-write the course with me. Merri and I explain what we do in the business. The writing…the marketing…the product planning and such. Our webmaster outlines the technical part. How to chose a server…set up a shopping cart…create pay per click systems…send thousands of emails a day.
Though we like to remain small, this does not mean all of our students will. Our webmaster started with us first but since has grown to be the chief internet consultant for several much larger internet marketing companies that send over a billion emails a year!
We are explaining in the course in detail as we develop it over this year…what I will share and what my webmaster will share as well…how the course will help you. We are at chapter eight now and I honestly do not know everything what will be in the course.
Previous courses have always evolved as they are written because of the questions that are asked as the lessons are sent.
This is why I want to offer this emailed course (which has not yet be written) now so you can grow with the course as it evolves.
Here is a special offer.
This new course entitled “Tangled Webs We Weave – How to Have Your Own Internet Business” is available at $299.
This is a bargain. Merri and I have been traveling and doing international business for 41 years. We have had a web based business for over ten years. You can share everything we have learned for just $299.
Plus we provide our standard full guarantee. Enroll. Try the course for 30 days. If not satisfied we’ll give you an immediate, full… no fuss refund.
However if you sign up for any three of our in person courses below, you can have The Tangled Web course free.
Attend any two Ecuador courses or tours in a calendar month…$949 for one. $1,349 for two.
Attend any three Ecuador courses or tours in a calendar month…$1,199 for one. $1,799 for two.
Future 2009 courses
May 29-31 JGAM Multi Currency investment Seminar Naples Florida
July 24-26 IBEZ North Carolina
Oct. 9-11 IBEZ North Carolina
Oct. 21-24 Ecuador Import Export Expedition
To enroll in three courses click here. I will automatically send you the free Tangled Web course when you enroll. You save $299 more.