Tag Archive | "Catherine Rampell;"

Better Than Retirement

Being paid to do what  you love is better than retirement.


This is not really work… for me… writing… surrounded by nature. I love it!

A recent message looked at how new jobs will be different and old job harder to find.

Excerpts from a recent New York Times article “A Reluctance to Retire Means Fewer Openings” by Catherine Rampell and Mattthew Saltmarsh confirm this fact.

The excerpt says:  To the long list of reasons American companies aren’t hiring — business losses, tight credit, consumer retrenchment — add the fact that many of their older workers are unable, or afraid, to retire.

In other parts of the developed world, people are retiring as planned, because of relatively flush state and corporate pensions that await them. But here in the United States, financial security in old age rests increasingly on private savings, which have taken a beating in the last year. Prospective retirees are clinging to their jobs despite some cherished life plans.

As a result, companies are not only reluctant to create new jobs, but have fewer job openings to fill from attrition.

A Pew Research survey scheduled for Thursday release found that nearly four in 10 workers over age 62 say they have delayed their retirement because of the recession.

Retirement income typically comes from a combination of three buckets: state pensions, corporate pensions and individual arrangements. In many other industrialized countries, that first bucket — state pensions — supports a large amount of retirees’ income.

The typical American receives just 45 percent of his preretirement wage through Social Security, according to the Organization of Economic Cooperation and Development. By contrast, a worker in Denmark, which has one of the most comprehensive and generous retirement arrangements in the world, can retire with a state pension that is 91 percent of his salary.

This is a huge problem and is good news because problems create opportunity.

This is the opportunity for all of us to finally do what we desire… with our own business.

The wonderful thing about this fact is that our own business statistically is also one of the best ways to enhance your wealth.

A study of millionaires several years by Thomas Stanley while researching his book The Millionaire Next Door showed that 32% of all millionaires became so as small business owners (compared to 16% Doctors, 15% lawyers and 12% major corporate executives).

Your own business (and knowing how to invest the profits) are keys to financial
independence in these troubled times.

Today increased freedom and job security are the most important reasons why
people have their own businesses. This makes enormous sense for anyone,
doctors, dentists, accountants, attorneys, investors as well as businessmen.
Every profession in the U.S. today is demanding and vulnerable to flawed
tort misuse and onerous government interference.

Anyone can gain increased independence and wealth with a full or part time business which generates increased income.

Having your own business gives enormous security.  Owners never get fired, made redundant, downsized, laid off, shifted sideways or forced to retire unless they decide to quit working. The owner of a business is always the last to go. Owning a business seems the ultimate job security.

An international business is the ultimate form of security and freedom because there is always opportunity somewhere.  International businesses are safer
from lawsuits, government red tape, excessive taxation and local economic
recessions.  Increasing wealth is one thing.  Keeping wealth is another and asset protection is a vital part of the process or remaining a independent and secure.

International businesses make more sense because modern technology,
computers, global cell phones, low cost transportation and the internet make
international business easier than ever before.

The tax benefits and asset protection benefits for international business
and international investments enhance freedom. Numerous areas of tax
legislation offer special tax savings for businesses abroad.

Holding assets outside one’s own jurisdiction also gives a business enormous
legal and practical asset protection.

International business is also the ultimate area of growth and security. We
have learned that the stock market is not a guaranteed way to secure one’s

Today it is possible for anyone to have at least a part time international
business. The secret is simply to start, but to start slowly and gain
experience with a part international business before making a major
commitment into a full time international business.

The most important key is to start an international business (ore make
international investment) in something you enjoy. Turn your passions to
profit. For example, if you love to golf, consider organizing golf tours
around the world. Or perhaps, you should market a calendar with 12 famous
overseas golf courses. The list of ideas could go on and on, but the point
is you will turn pleasurable activity (to do a golf tour or a calendar, you
obviously have to play those courses) into a tax deductible expense and
hopefully, makes some profit as well.

Here are three simple steps, you can use to prepare for your international business.

* Step #1: Become Informed. Read international magazines and papers.  Two good places to start learning what’s happening abroad are the Financial Times (England’s leading global economic newspaper) and The Economist, (England’s best weekly international news magazine).

* Step #2: Get ready. Contact international banks and learn the benefits of holding assets and how to do your banking abroad. An international bank with great experience in serving American businesses is Jyske Global Asset Management Bank.   We have worked with Jyske  for decades helping investors learnabout global economics and opportunity.

* Step #3: Get started in a small way. Too many people think that big is
better. Perhaps for some, but not when they start. It is imperative that one
makes their mistakes (and we all will) while we are small.

The old model of working to 65 and retiring on a pension is proving flawed. Many pensions have been destroyed and those still viable are being ruined by inflation.  This creates opportunity for  those wiling to embrace this change and learn that being paid to do what they love is better than retirement.


The greatest asset of all is the ability to labor at what you love wherever you live. This brings everlasting wealth.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business. This can help you create your own internet business.

Our emailed course “Tangled Webs We Weave – How to Have Your Own Web Based Business” is a continuing educational program.  You receive the first 28 lessons when you enroll and a new lesson every week or two.

This course teaches how to create a web based business and is developed from the ongoing experiences that we have from our successful and profitable internet business.

This course is well worth the enrollment fee of $299… but currently you also receive two additional courses FREE.

The other two courses are #1: International Business Made EZ, and #2: Self Fulfilled – How to be a Self Publisher.

These two courses have sold for $398 and thousands have paid this price. We add them to your course, at no added cost, as I believe they will help you develop a better business in these crucial times.

Even Better Get All three Courses Free

To make this offer even more compelling,  I am giving everyone who enrolls in our North Carolina or Ecuador International Business & Investing seminar in October or November all three courses, “Tangled Web… How to Have an Internet Business Course,”  “Self Fulfilled- How to be a Self Publisher” and “International Business Made EZ” free.


See views like this on your way to West Jefferson form the October seminar.

Join us with Jyske Bank and my webmaster David Cross in West Jefferson North Carolina. Learn more about global investing, how to have an international business at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM


We always conduct our autumn North Carolina course on the first weekend of October… the best time to enjoy  the leaf change.

Or head south to Ecuador!


Cotacachi’s main plaza.

October 16-18 Ecuador Southern coastal tour ONLY FOUR SPACES LEFT

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour


In Cotacachi and surrounds the weather is always spring like.

Join us with Peter Laub of Jyske Global Asset Management in Ecuador. Learn more about global investing, how to have an international business at the seminar.

Nov. 6-8 IBEZ Ecuador Seminar


Let our friendly staff at Meson de las Flores serve you.

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour


Winter is shorts weather on Ecuador’s coast.

Join us in the mountains and at the sea. Attend more than one seminar and tour and save even more plus get the three emails courses free.

Attend any two Ecuador seminar 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

Read the entire article: A Reluctance to Retire Means Fewer Openings

Ecuador Business Passion

Ecuador offers the  opportunity to add the power of passion in a new business that allows you to live anywhere in the world.

A recent message looked at the low cost of Ecuador living and warned about loving in Ecuador because it is so easy to fall in love with the people and the country here in Ecuador.

There is so much here as this shot of Crucita, Ecuador shows …the warm-but-cool enough-to-sleep-under-blankets weather… the wide empty beaches… the clean ocean… the sweet people… the simplicity of life.


This could be a good time to return to this simpler way of living because the economic correction up north is breaking down  the old complex order there.

We see this economic shift every day now.

A New York Times  article last Wednesday entitled  Layoffs Spread to More Sectors of the Economy by Catherine Rampell says:  Companies across the board are resorting to mass job cuts, suggesting that employers expect a long downturn.

Another article said:  Microsoft Plans to Cut 5,000 Jobs  The announced cuts, about 5 percent of Microsoft’s work force, are fallout from a slowdown in sales amid the global recession.

We see economic problems in Ecuador as well.

We were just informed that the rose grower who has been supplying us has gone bankrupt here.  The US bought 30% less roses than the year before.  This is hard for the Ecuadorian workers who will be left without jobs.  The agent who handles our account is looking for another source of roses but we are not processing rose orders at this time until we find a sure source.

This, however, creates Ecuador opportunity in three ways.

First, the global economic problems means you an live in Ecuador for less! I am dong as series of interviews with couples who have moved to Ecuador and the common theme is that they can live well on less than $1,000 a month.

One Canadian couple who have moved to Vistaazul told me yesterday, “Our Canadian retirement pension pays us $2,300 a month. We live on $700 a month and save the rest!”

Living at Vistazul is not a sacrifice either! Here are some shots of the view I enjoy when I run my internet business from our Vistazul apartment.

I usually start at 6 am in the morning on my balcony… enjoying surf sounds and the ocean breeze.


Our living room enjoys the same view…  as does…

ecuador-passion our bedroom.


You can learn more about low cost, Ecuador, beach-front living, in brand new condos at Vistazul from Kjetil Haugan at kjetil@haugancruises.com

Second, this economic shift creates new Ecuador business opportunities. The end of one order begins a new way of life served by new businesses.  For example, our business is booming.  Our sales are up 52.89% in 2008 over 2007.  Our January 2009 sales are up 101.63% over January 2008!

Why, when so many businesses are slowing down everywhere, do some thrive?

This new opportunity comes from the third economic benefit…  a growing social-economic  awakening that makes life and business more fulfilling. I see this in the way our readers write to me.  Many more people are asking “How can I do more… help more…  feel better?“… rather than “How can I have more?”

They have more concern about  passion in business rather than just money.

We can see the power of this business passion in another recent message that outlined how our daughter Eleanor has excelled in what others call tough times.

She has built a London performing arts school that she bought into one that specializes in getting students auditions and roles in London West End shows.

Ele started as an entrepreneur early.  She is just 27 years old and her 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.

The 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.

This success has come because she has such passion for her work that she gives free extra talent lessons.  She brings students to her home and coaches them for the auditions and works with them personally.

This new business passion attitude is seen in an email that Ele just sent to us.

Hi Dad,  Just to let you know I had another kid get into the new hit musical ‘Oliver’ today.  This boy was in trouble at school and had to leave and was going down hill…I met him while walking my dog Jack (his mum walks with me in park) and noticed he had a great face for the performing arts..so I said would he like to come for some free classes at mine which he did and he had a great voice.

I then worked with him over several months and put him up for Oliver. He then had 3 recalls and finally I got the call to say he got the part today!! Hopefully this will now  give him focus when before he was getting bored and frustrated at school.

Also I have 4 Chinese/Filipino students with a final recall on Wednesday for the King and I at the Royal Albert Hall – fingers crossed!

I’m enjoying this side of my work so much that I’m thinking about starting my own children’s agency but with a difference whereby my students get personal one on one coaching from me in preparation for the auditions. No other agency does this..they simply just tell a child when and where the audition is. Anyway lots to research but exciting anyway!   Hope you’re having a good day.”

So remember the following points during this economic correction.

#1: If the global economic contracts 20%…this is terrible.  More than 20% of businesses fold.  This leaves 80% of the businesses working and in better fundamental form.  Labor is easier to find.  More than 20% of the competition is gone.

#2: Do not be afraid to embrace this  changing perspective…away from materialism.. Do not fear looking for greater meanings in life and business.  This is good. Our world… our environment… our society needs this help from business… to move towards authenticity… integrity… towards true help and service.

Turn your passion into profit.  It may be easier t do in Ecuador but wherever this works for you… do it for the fun the fulfillment and the good of humanity as well as the profit.


Join us in Cotacachi in February when our courses focus on how you can develop your own business passion.

Merri, our webmaster and I have created a new course on how to build a web business with a webmaster.  Here is a special offer on this new course.

You can enroll in this special course for $299. However if you sign up for all three courses in February or March 2009, I will send it to you free. You save $299.

Sheri Clary will be at our February courses and available for consultations about bio-identical hormones. Our February Cotacachi schedule is:

Join Merri, me and Blaine Watson, plus enjoy a shamanic ceremony in the Cotacachi Shamanic Valley. Feb 9-11 Beyond Logic Keys to More Wealth & Better Health

Join Merri, me and Peter Laub of Jyske Global Asset Management at OUR INTERNATIONAL INVESTING & BUSINESS COURSE IN ECUADOR. We review economic conditions, Ecuador real estate, my entire portfolio plus investing and business ideas for the months ahead. Feb. 13-15 International Business & Investing Made EZ

Feb. 16-17 Imbabura Real Estate Tour

March 8-9 Imbabura Real Estate Tour

March 10-15 Ecuador Import Export Expedition

March 16-19 Ecuador Coastal Real Estate Tour

Bob Shane will be at our March courses and will be available to provide health balancing.

Get our web based course FREE if you join us in Ecuador this February or March.

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 Global Asset Strategy Seminar

June 12-14 Shamanic Mingo Tour
June 16-17 Imbabura Real Estate Tour
June 18-21 Ecuador Coastal Real Estate Tour

July 3-6     Ecuador Import Export Expedition
July 8-9    Imbabura Real Estate Tour
July 10-13 Ecuador Coastal Real Estate Tour

July 24-26 IBEZ North Carolina

Sept. 17-21 Ecuador Spanish Course
Sept. 23-24 Imbabura Real Estate Tour
Sept. 25-28 Ecuador Coastal Real Estate Tour

Oct. 9-11     IBEZ North Carolina

Oct. 21-24 Ecuador Import Export Expedition

Nov. 6-8    IBEZ Ecuador
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour