Understanding the Benefits of Capitalism"Understanding the benefits of capitalism will help you to become a beneficiary". I asked one of my millionaire friends one day what his secret to success was. He answered in the most direct way and really caught my attention. I'll forever remember his words, he said "Two things Charles, its who you know, and what you own". Ownership of personal and intellectual property is a major benefit to capitalism. Check out the free report below. Competition is also an essential component of capitalism. When you compete and win you enjoy the rewards. The great thing about capitalism is that there is plenty of room to succeed and plenty of ways to succeed. Those who truly understand capitalism know that you do not have to compete AGAINST anyone, the competition is WITHIN THE SYSTEM itself. Once you understand the system and master it you in effect win. The benefits of capitalism has helped individuals and entire nations overcome tremendous disadvantages in the past and will continue to advance the human condition well into the future. Understanding the benefits of capitalism and examining the pros and cons of capitalism will help you develop a bold vision for your business. This understanding can be likened to getting your drivers license. It'll help you understand the rules of the road and the vehicle you drive. You will be better equipped to deal with other drivers along the way. The understanding of capitalism will help you to anticipate the changing road and help prepare you for unexpected challenges. I will now direct your attention to an article written by Roger B. Butters, Ph.D. President, Nebraska Council on Economic Education and Assistant Professor of Economics University of Nebraska – Lincoln This is the complete article with no editing. In it he shares the pros and cons of capitalism. Professor Butters was kind enough to let me share this with you, my next millionaire. I suggest if you can, that you print it out for future reference. Click Here for the link. I trust you have read the article. It's rather long winded (sorry professor) however the good professor makes it clear that even at the university level there are cultural and societal roadblocks and even open hostility impeding a clear understanding of the many benefits of capitalism. I have witnessed with my own eyes in a room full of four thousand people in a beautiful chapel in Virginia, maybe twelve years ago. The speaker asked a few simple questions to a diverse and educated audience. The Speaker was Bill Britt of Amway (short for The American Way) fame and fortune. Britt became a successful self made millionaire in network marketing. He asked us "How many of you have went to college or graduated from college"? At his question better than 85% of the audience rose proudly to their feet. His next question was astonishing; he then asked, "How many of you have become wealthy from what you were taught in college"? Just like a Hot Air Balloon that has been hit with a canon ball everybody took a seat; including yours truly! Were we embarrassed? Sort of. After all we attended to find a business opportunity and a better life. None of us had been educated on the pros and cons of capitalism and our roll in the free enterprise system. We all realized right then and there, at the same defining moment that there was a whole lot more to running a successful business than the accounting or economic courses we took in school. A lot of what we didn't understand was how to take control of our own minds and direct them to achieve our desired end. The light bulb switched on for a lot of us that day. So, if you haven't done so I urge you to read the article a couple of times over. When you do you'll get a real solid appreciation of the benefits of capitalism. To your Continued Success CSG Discover the future of the Internet and how you may profit by it here. Staying ahead of trends through sound research is the best way to position your business for success.Click Here! |
