Capitalism isn’t working…
The Banks and Financial institutions have led us all to the current situation. A mixture of Fractional Reserve Banking, Interest on Loans and greed for future profits out of complex financial instruments have destroyed the “system” that we thought would help and support us in life and in business.
We seem to have forgotten that, as business owner entrepreneurs, we have to add value to something before we sell it – parasitically investing the stock market, a property portfolio, or even a MLM scheme – doesn’t add value to anyone. The only reason that these activities produce a “profit” is because of the way the current system is flawed through its dependency on money creation and inflationary growth that fuels the ever increasing debt stream.
So what is the way forwards for business owners like us – we can blame the banks, take to the streets and bemoan the systematic profiteering of the 1% of the world population that own 40% of its assets – or we can step up and actually change the way we operate, stop playing their game and start to take back credible control.
Here’s how we do it.
First, get your business and your life debt free – as business owners this is a primary objective. Making profit just to pay interest to the bank on money the created out of nothing in the first place is a waste of your efforts.
Grow your business with “no money down” – give great at customer service, add real value, innovate and put the passion back into your team to deliver a remarkable experience and you will generate profits and cash to clear the loans.
Second, recognise that your pension, stock portfolio and options are all synthetic and will have no value in the future. Your business is your future, you legacy and your long term income stream. Build your business as if you will keep it for life – you may not have to work there all the time – but it will sustain you, your family and those who work for you much more effectively than some pension or investment fund that produces more bonuses for the bankers than future pensions for you.
Third, remember that greed is not good – we are here to make a profit and build a lifestyle. The days when we can do this at the expense of others and cause massive inequality of income and resources are over – remember someone has to actually work hard at some point in the system, and we have a collective responsibility to contribute as well as extract value from it.
Employ people and pay them well for working hard for you – give then stability and brightness of future – not everyone wants the “excitement” of business ownership.
We are the 99% - we can make the changes – look at what is happening in the USA – we have a golden opportunity to make a capital based economy that works; not just for the pinstriped bankers and investors but everyone. The 99% didn’t cause the chaos, but with a change of approach we can correct it…
