hey miles here miles Becker calm and in
this video I want to talk about the idea
of security now what we're going to
discuss here is potentially
controversial if you go discuss the same
topic with your friends or your family
members or your co-workers if you have a
job still but it's a really important
concept and it's an important thing for
you to think about and philosophize
about because our world is changing and
to be honest our world has changed and
then towards the end once we kind of get
through the idea I'll give you an
example from my personal life of how I
learned or what kind of helped me have
this aha moment now the big question
really is what is security what is
financial security in this day and age
traditionally over the last maybe 50
years up until maybe 10 to 20 years ago
the idea of security came from getting
good degree get a great job from a big
corporation do your 30 or 40 years and
then get your pension that you can rely
on and voila you just kind of lived the
and age I'm more of the belief that that
is actually the most insecure possible
way to go about you're kind of creating
your future financially the reasons are
varying to be perfectly honest and
number one the collegiate system right
to get a degree idea that system is
broken and that system is definitely
letting people come out of it with
massive amounts of debts and there
really aren't that many jobs for
high-level and kind of these top levels
MBA type positions I mean the jobs just
aren't there that match the amount of
financial investment required to obtain
these degrees then there's the idea of
get a good job at a good corporation
where you can work for 30 years this is
just no longer the way the world works
with outsourcing with insourcing the
average person stays at a job I mean a
handful of years people jump from one
job to a next to the next in order to
try to resume build the idea of working
for one corporation for long periods of
time to where you start to finish with
them and
tire and kind of get that pension from
one place that is no longer the reality
the more likely reality is filled with
pink slips with layoffs with downsizing
and with outsourcing and to put all of
your trust in kind of blind trust into a
corporation is potentially a very
dangerous idea in this day and age then
you've got the pension question at the
very end of it all right like you're
pooling your pension is pulled in with a
lot of other pensions and we're seeing
in this day and age here in America
there's cities there's counties there's
entire states that are potentially
teetering on the brink of having their
pensions being bankrupted essentially
there's going to be more people
borrowing or not borrowing excuse me but
more people withdrawing from their
pensions than there is money in the
pension and the returns are not
guaranteed in the markets that these
pensions are invested in again this is
another kind of one of those reasons
that show this idea of security that my
parents grew up with that my parents
parents grew up with is no longer the
reality that I live in so to me becoming
an entrepreneur was actually the most
secure thing I can do and the reason is
because it brought that kind of control
over this segment of my life to find my
financial future it brought it within my
grasp and luckily we live in a day and
age when the technology that's out and
about allows us a lot of ability to
leverage technology to leverage
telecommuting to potentially become the
one who is outsourced - right like many
companies in this day and age that want
to grow and expand online they might not
go build an in-house web development
team they might go look for a wordpress
developer and you are potentially able
to be that WordPress person for them
graphics designers in this day and age
don't necessarily need to work with a
big form they can simply go do contract
work for different clients and there's
so many people going out of what I would
call the w-2 employee model and going
into an independent contractor model and
some people are being forced
in this direction for a corporation to
have contractors actually save them
money they don't have to pay
unemployment insurance and then on to
patient's Social Security that gets
passed along to the contractor so some
people are actually being kind of forced
into this sort of direction themselves
and many others and like I did with the
arbitrage business model that I taught
in the the marketing arbitrage system
here on YouTube like a lot of us are
actually choosing this because then we
open ourselves up for the tax benefits
of owning a business potentially our
laptops our cell phones our internet
service can all be deducted it really
opens us up to becoming a business owner
and that was my first step in this
direction so how did I kind of even come
to this idea or start to think about
this philosophy you know my dad worked
for the same corporation for about 33
years he started as an apprentice he
actually worked in the newspaper
industry which was once a booming
industry and he rose with them and he
worked in computers when early computers
were around I remember going to rooms
the man the size of the house there were
full of these like reel-to-reel looking
machines and that was a computer back in
the late 1980s and he didn't work with
them he continued to grow his skillset
and he continued to provide value but
about 2 years before his kind of focused
time to retire something interesting
happened the company decided that my
father was making way too much money and
decided to replace him with someone
fresh out of college they could pay
about a third of his salary now this
pink slip they showed up two years early
was not only just kind of like mental
and emotional distress it also put my
dad in a position to where his pension
was based on the best income over I
believe it was a five year period so by
then letting him go a couple of years
early that means he wasn't going to be
getting his full vesting from his
pension as he would have had he made it
all the way to the 35 year mark working
with this corporation it was a it was it
was a decision it was a business
decision that was based on numbers and
that's what happens in corporations in
this day and age the fact that my father
put in 33 years of dedicated service
with this corporation and
really I mean gave I mean a third of his
life right like over half of his life to
this one corporation those ideas and
concepts were never even considered in
that company's decision to make the move
to let him go early now you know just in
case you're wondering it's actually been
a little bit of a blessing for my family
right he retired early my mom ended up
deciding to retire early they sold their
place in the Bay Area they've moved on
to greener pastures if you will so not
all is lost and it's not necessarily a
sad story but what I saw in that moment
was the fact that there's no way I could
personally trust a corporation for my
financial well-being in the future nor
could I allow my wife to do that as well
right and that was one of those moments
we knew no matter what we had to figure
out how to be entrepreneurs in this day
and age it's that important and it was
that kind of commitment that we had in
that moment of there's no way we could
have a career with a corporation that we
had to figure it out and that gave us
that extra gear that extra Drive that
extra motivation we needed to overcome
the challenges and to find our way over
some of these these challenges that
present themselves with and there's no
other way to put it in being an
entrepreneur that was that why that big
reason why that motivated us through the
ups and the downs to keep going to build
our businesses online and a quick word
of warning you're building your business
on the side great do this on the side I
am not in any way shape or say any way
shape or form saying leave your job quit
today right they serve a purpose great
jobs can have great value for your life
I'm saying don't necessarily count on it
for the thirty-year kind of process but
since you're watching these videos I
think you already get that begin
building things on the side make sure
you build up the cash flow and the
skills you need on the side first make
sure you're able to not only replace
your income but you have an extra six
month Reserve in the form of an
emergency fund before you decide to take
the leap you need a safety net and you
have to provide that yourself when you
go down this entrepreneurial path also
know that if you tell your friends and
your family or other people who are
still kind
tied into the matrix if you will they're
not going to understand and a lot of
people will try to warn you and say oh
no no don't do that entrepreneurial
thing I know so-and-so down the street
and they try to business and all the man
and all these problems of blah blah blah
a lot of people won't they'll think that
the secure option is still the older
paradigm but you and I obviously
understand that there is a new paradigm
going on and we do need to make new
decisions so I highly recommend that you
get to building your skills and building
your business quietly keep it to
yourself
keep going build your momentum and
really build your confidence and the
fact that you can do it and I know you
can do it because I've done it but yet
you have to prove that to yourself
before you really get bold and declared
the world right like you you will
definitely receive pushback and negative
feedback from individuals in your life
if you go telling everybody about your
multi-million dollar business ideas and
dreams it's just natural they want to
see you safe so they want to keep you at
around the same level that they're at
right and this is it comes out of
goodwill like they mean well with this
but what they don't realize is what
we've just discussed that the safe
option is actually to take control of
things to increase your skill to
increase your value so you can then go
apply your value to multiple businesses
as a contractor so you can build a team
of people who can go apply value to
multiple businesses and that's how you
can grow multiple six-figure a
seven-figure or eight figure per year
business to create products that solve
people's problems
right to help an audience overcome
massive challenges that they have in
their life these are the types of things
that you can do as an entrepreneur to
get leverage on your side and create
enough value to generate literally the
kinds of monthly income numbers that
look like what employees shoot for for
annual income numbers I know that it's
possible for you but it's a it's a
process it's a path and I invite you to
join me on this path that's what this
YouTube channel is all about if you
haven't seen other videos welcome be
sure to subscribe so you can get the new
videos when they came out leave me a
comment here if you're committed if
you've made the leap of faith
go ahead and leave me a comment give me
a thumbs up here in YouTube if you
enjoyed the video but all in all I just
wanted to take a quick moment to have
that kind of heart-to-heart with you
because I think it's so important to
define for yourself right and don't just
take what I'm saying right
like mole on this think about this talk
to your other entrepreneurial friends if
you'd like but it's important for you to
define what your for yourself how what
is the best mechanism for you to secure
your family's financial future right
what is what is the right approach for
you your family in this day and age with
the way the world works with
corporations outsourcing entire
departments with downsizing being very
rampant in our world this day and age
retail stores across the country are
absolutely closing interesting things
are going on in our economy right now
the stock market's looking good right
now on paper but the fundamentals and
the core of what's going on probably
don't tell the same sign that's going on
in the bigger picture at the market
level so I just encourage you to be
taking steps towards creating your
future and try if possible to be in the
control position to create the future
you truly want versus allowing yourself
to be in a position where you're reliant
upon a corporation that may someday make
a numbers based decision that could
potentially limit you and eliminate you
unfortunately due to a less expensive
employee due to outsourcing due to AI
coming in there's a lot going on in our
world but the great news is you can
create a lifestyle business that can
offer you more freedom and more income
it takes more work to get it going but
once you have that momentum on your side
and that business is built and running
you can really start to pull out you can
automate you can outsource things
yourself you become a business owner and
then you can reap the rewards of that
asset that you've created I hold this
vision for you I hope you've enjoyed
this video and I look forward to
connecting with you on the next video
thanks again for your time
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