Thread: Opportunity Here!

On the global perspective supply and demand is controlled by the money supply which is fiat money.

Supply and demand is supposed to be the regulator of the free market, when it is less free as it is now, production is placed in a catch 22 - no margins.

Collectivism contracts, other forms are socialism, nazisim, leninism, facism - all just "ism's" of collectivism sucking cash out of private sector. On the other hand the public sector prints and consumes money causing inflation and a hidden tax. This squeeze allows only to focus on needs, not wants.

Even the best companies are squeezed by collectivism, the good side is a re-focus on costs and efficiency.

The cost is loss of national and individual sovereignty - the goal of collectivism.

the main issue with "personal finance" schools is that, like the vast majority of financial advisors, they have their own agenda in the background (selling insurance or sepcific mutual funds for many of them)

I think personal finance should be mandatory course diuring school for every kid at around 18 years old.

There are many free personal finance resources available (I live in Canada, so it might be different in the US), they offer help to look at your financial picture and budget creation.

One problem is that people do not want to learn finance, because they don't want to see their actual financial portrait. They prefer to just look at the monthly payment and cashflow and don't want to see that their $70k boat, when put on their HELOC, will be paid $150k in the end...

So the question remains if you started this school would anyone show up without being forced too . I hope so but im not sure, hopefully I am proved wrong.

Originally Posted by IdleMogul

If you think about it from a poor persons perspective, or even a financial illiterate person, why would they come to this school? I know several poor and middle class people and they have never made, to my knowledge, an effort to increase their education about money or anything related.

Just when I got all pumped up about the idea I notice this, and it is true.

I think those people are more up for something where getting out of debt or whatever is GUARANTEED to them, they're always on the lookout for the sure thing, or totally irrational thing like lottery, but getting education...hmm..I'm not sure.

Maybe with a great pitch that conforms to their ideal to get everything on a plate.

This could work very well in my opinion.

I'm fairly certian another recession is on the cards within the next 12-18 months. So if you marketed this prior as a way to prepare and protect assets and then once its hit teach how to cut back and survive and not fall victim to the next one by learning why it happens I'm fairly sure it will draw people in.

I was also wondering how you would charge for this? Would people pay for a block of lessons or would it by on a course by course basis?

If you aquired top speakers and relevent course content where attendees make a noticeable financial improvement by attending you're onto a winner in my opinion.

80 % of new millionairel are first generation. I know several people who started poor and built what they wanted . News Flash 70 % of the world is poor and people get wealthy by following a formula or a system a process of doing things overtime .I know many people would love to learn this process . Look how many people love the FastLane

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