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Want to know YOUR chance at MILLIONS?

Discussion in 'BlackHat Lounge' started by three_cs, Jul 19, 2010.

  1. three_cs

    three_cs Newbie

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    According to the book "the Next Millionaires" by Paul Zane Pilzer 10,000,000 new millionaires will be created between 2006 and 2016 by simply taking a product from the manufacturer, to the marketplace, via the internet. Sound familiar? It should :D
     
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  2. milton

    milton Regular Member

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    If you have a $50K job now in 2016 you'll be getting $100K!
    Inflation factors included
     
  3. tacopalypse

    tacopalypse Executive VIP Jr. VIP Premium Member

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    about 1% of the US population are millionaires.

    1 in 100 are pretty good odds IMO.
     
  4. Chronos

    Chronos Junior Member

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    Especially when you can look at a crowd of 100, 200 or even more people and know you've worked harder than all of them.
     
  5. bertbaby

    bertbaby Elite Member

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    Here is a more sobering statistic: Americans (58.5%) will spend at least one year below the poverty line at some point between ages 25 and 75 with an average of 13 to 17% living below the poverty level from year to year.

    The good news is you have some choice as to which statistical group you want to shoot for!
     
  6. dontcallmebuzz

    dontcallmebuzz Newbie

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    us budget is huh? what does this have to do with government budget?

    You have to look at the GDP, or Gross Domestic Products (the value of all goods and services produced domestically)
    For latest numbers- 2008, it is over $14.5 trillion for US

    add in money that would be generated from goods produced overseas and sold here it is even higher- plus figure in annual growth rate (about 3%)

    and this is not like all the new millionaires would suck all of that money out in one year and have it stuck in mattresses-it would be a gradual build up of that wealth to those individuals and it would probably be in the bank, which would be lent out to others to buy cars, houses, etc- it's a big circular pie

    but i do agree with you that these guru's are full of crap
     
  7. loclhero

    loclhero Supreme Member

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    This thread is idiotic and your post is idiotic. (Keep in mind I'm not calling YOU an idiot, just your statement). Where the fuck did you get this asinine statistic??? And even if it were true...so what??? Your $50k today would still be worth $50k in 2016.

    Seriously, give us your source. You can't possibly be assuming that due to inflation, someone's wages will increase accordingly can you??? And even if you were, you'd be nowhere near $100K because inflation is currently zero if not in a deflationary mode.
     
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  8. Risky Business

    Risky Business Junior Member

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    Awesomer...

    [​IMG]
     
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    Last edited: Jul 20, 2010
  9. tyler8541

    tyler8541 Regular Member

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    Where'd you get that picture? I don't care about this thread but that photo is the shit!
     
  10. three_cs

    three_cs Newbie

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    Lol, the point was that "taking a product from the manufacturer, to the marketplace, via the internet" has potential to create new wealth in the next 6 years, and this came from an economist that has worked with two presidents.
     
  11. minute80

    minute80 Regular Member

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    That is simply not true:

    Code:
    http://en.wikipedia.org/wiki/Millionare
    
    Bottom of the page for statistics...those who are lazy, its 0.62% for North America.

     
  12. ChanzGrande

    ChanzGrande Jr. VIP Jr. VIP Premium Member

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    Well I'll tone it down a little bit, but I can tell you as someone that commanded $50,000/year ten years ago - doing the same thing now I would command $50,000/year.

    So whoever threw out the ridiculous inflation numbers is seriously deluded.

    Regarding the original point of this thread though. Yes there will be people making money by bringing products to new online markets. And there may well be 10,000,000 more millionaires by then, BUT...and it's a biggy.

    There's no guarantee they'll be 10,000,000 new American millionaires, so the US GDP is only part of the equation. According to current trends, at least 1 new millionaire emerges per day in India. That is simply because they are more competitive on a global scale. They work cheaper. They're more efficient, and they're not afraid to take business from Americans.

    The future of America in general is highly in question as history reveals that most civilizations peak and decline just prior to their ultimate replacement. If America wants to continue to be a world leader, we'll need to tackle some real issues. Not the least of which is that we are lagging behind the rest of the world in almost every measurable academic standard.

    Can your kids read? Well, those are tomorrow's leaders. If no-one steps up, and brings America back into the fold as a world leader, it will simply fail like every other civilization that got bloated, full of itself, and complacent.

    With that said, currently we all still have a chance to make something of ourselves, and our country, but that chance gets thinner and thinner as we adopt more and more of the world's failed policies instead of doing what we did over 230 years ago - and that's adapt. Now would be a great time for someone who does more than speak well to step up and lead our country.

    I like this thread because it gives hope to people, but hope is meaningless without action. You want to be one of those 10,000,000 millionaires? Then you better get your shit together because worldwide the gap between the haves and the have nots is just getting bigger by the minute.

    Take action now while you still have some chance to compete. Tomorrow may be too late.