Men of Words

Network Marketing Business Provides True Equal Opportunities? Rich Dad’s the Business School Review (Part Two)

Network Marketing Business Provides True Equal Opportunity.

That’s the first value of a network marketing business.

As Robert Kiyosaki continues, he acknowledged that he was initially closed to the idea of starting a network marketing business, but on the pretext of being too busy with starting out his first worldwide business.

He also recognizes the pros and cons with network marketing, which is similar to any other business. There are always good and bad people around. The problem lies with network marketing companies having an open door policy.

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Tags: financial freedom, get rich, network marketing, rich dad poor dad, robert kiyosaki, the business school

Rich Dad’s the Business School - For People Who Like Helping People (Part One)

Robert Kiyosaki shares his take on network marketing, which he hails as today’s revolutionary business system. If you have read the first few books of the Rich Dad Poor Dad series, he mentions network marketing as a possible system to help one achieve financial freedom. He attempts to explain the reason for his recommendation and also cautions that network marketing is not suitable for everyone.

There is no doubt on the huge amount of attention networking marketing has received over the recent years, garnering both positive and negative response. While I am not in a network marketing business myself, I do find the reasons which he brought out ‘acceptable’.

What makes the rich, rich?

That is the question which Robert Kiyosaki addresses at the start. He points to one having to be a business owner and investor, and he states this,

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Tags: financial freedom, get rich, network marketing, networking, rich dad poor dad, robert kiyosaki, the business school

Inflation rates reaches 11% in India

Here’s another update on the global inflation crisis, with the focus on India, the world’s second most populous country.

Referring to this news article, India’s inflation rate has hit a 13 year high at 11%. The previous was during the year of 1995.

It appears that the Indian monetary authority has been attempting to combat the spiraling inflation with interest-rates control.

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Tags: global inflation crisis, india, interest rates, oil prices, price hike

Inflation, Oil Prices, Credit Crunch and the Slumping Stock Market

With the amount of adverse business, finance and economics news that have been surfacing recently, one can’t help but wonder where the global economy is heading.

This is yet another piece of adverse news, worthy of attention which will probably make you start worrying a little if you haven’t got started already.(Especially if you’re an investor)

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Tags: economy, global recession, stock market

Inflation Woes in Asia

Inflation is indeed worrying, especially in the region of Asia. Not only is it causing resentment and angry protests in countries like Malaysia, South Korea and India, it is threatening the progress made by Asia in the past 20 years.

Referring to this news article, the breakdown of the situation is;

1. India and South Korea are experiencing their fastest rise in inflation rate in 7 years

- I would say that this situation has manifested itself most evidently in the recent spade of protests which have erupted in the two countries, which of course the most violent ones took place in South Korea where the people have no qualms about showing how they angry they feel.

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Tags: economics, global inflation crisis, inflation, oil prices, price hike

We are joining the ranks of rsshugger

In our bid to promote this website and gain more readership (having comments left behind by readers always inspires us to write more - we love to connect with more people), we have jumped on the rsshugger bandwagon.

So you may wondering, how does it help us?

To make it simple, rsshugger is a blog network which allows bloggers to promote their quality blogs to gain a wider reach of audience. It helps us to distribute our content across their network, giving us from exposure on the world wide web.

The great news is, it’s free! Well, not entirely. Anyone who is registering their blog has to write an honest review of what their service is about (which is how they get a lot of backlinks…haha ;-)) in return for their service. Or else, it will only cost $20.

We will see how it goes!

Signing out,
Iridium

Global Inflation Crisis Coverage II

Actually, it’s inevitable that oil price will head north. The picture is pretty clear some years ago.

Then, the emergence of china and other oil guzzling developing economies and USA’s energy inefficient oil addicted economy translated into higher demand for oil in the future(that’s now). Futhermore, then oil prospecting did not manage to succeed to discover significantly more oil field( there’s two scenario, either then the price of oil is not attractive enough for major oil firms to explore for more oil field or simply they fail to find enough of them). Hence supply presently cannot cope with the demand, as supply are unable to expand/increase sufficiently due to supply bottleneck. The industry is unable to increase capacity in the short term. This also applies to the refineries as there isn’t any significant spare capacity in this industry.
However, given these supply and demand problems oil prices should not climb rapidly in the short term as demand nor supply never changed abruptly. Instead, weak USD is the factor for the greater jump. You simply have to pay more for oil in USD since USD is weaker now, as the same amount of USD cannot buy as much oil as before.

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Tags: economics, global inflation crisis, inflation