First of all, why should we need to retire? If we are not tired in the first place, why re-tire? There is so much we can do beyond 60.
The more important question is – “Why are we so tired that we would want to be retired?”
Here I am working in my pinnacle career.
Generally we are tired because we are working too much at something that does not sufficiently fulfill rather than having fun, doing what we love AND earning in the process. This site focuses on ways to create micro businesses that earn but more importantly are gratifying, fun and serving the mission you feel needs to be filled.
This is the first time in recorded history when the value of life’s experience at retirement age is more valuable than the cost of obtaining it. Our best, most profitable, most enjoyable and helpful career should be after age 50, 60 or even 70.
There are numerous economic scenarios that could ruin retirement for many. Inflation, a falling greenback, another market crash or recession. Any of these could doom traditional retirement plans. The timing of these events are beyond our control.
That’s okay because diversification into a business that fulfills and serves can be better than stocks and bonds, cash and gold… all put together.
Right now… cash pays nothing. Bonds are quite sure to lose purchasing power. Gold could rise or fall. Shares are at an all time high which creates a problem of timing. They could fall.
A reader sent a note that highlighted the importance of invest timing for retirement.
“Gary, is there not one period in each person’s life when market timing is very relevant? —- when they are leaving the 40-hour work force (and predictable if limited paycheck) and have to begin 401K and IRA withdrawals and pay taxes. Is a different strategy required for distribution than is required for accumulation?
On Market Timing
My reply was: “We can never tell what markets will do in the short term. No matter what the market has done, it may do more of the same…or it may not. Looking for value is better than trying to predict tops and bottoms. In the long run…only the long run is reliable.”
When we reach the distribution stage in our investments, we cannot always afford to wait years for our investment to bring a profit.
If we have $500,000 in a 401K and need $20,000 per annum to retire this requires a 4% withdrawal. If the market (and our shares) drop 30%, our $500,000 shrinks to $350,000. Then we have to draw almost 6% to gain our $20,000 a year. If a market stays weak for three years, the $350,000 has been depleted so there is less capital to make up the loss when the market recovers.
In addition, because of inflation each year, the $20,000 is likely to buy less. Even more demand may be placed on a diminished portfolio.
What we do not know exactly is when markets will rise or fall. What we do know about market timing is that periods of high performance are generally followed by periods of low performance.
This is especially true in today’s highly leveraged world. Today, currency markets can be leveraged 100/1. Stock markets can be leveraged 10/1. When panic strikes, markets can go down fast. Even the safest investments can drop very quickly.
This means that periods of high performance may be followed by periods of sudden, dramatic low performance.
Can our retirement depend entirely on the stock market? If there is retirement danger in equity markets, cash, bonds and gold, what can we do?
Having a micro business is a great approach. A Sunday Times article “Over 50, and Under No Illusions” by Diego Ibarra Sanchez helps us see why. Here is an excerpt: It’s a baby boomer’s nightmare. One moment you’re 40-ish and moving up, the next you’re 50-plus and suddenly, shockingly, moving out — jobless in a tough economy.
Too young to retire, too old to start over. Or at least that’s the line. Comfortable jobs with comfortable salaries are scarce, after all. Almost overnight, skills honed over a lifetime seem tired, passé. Twenty- and thirty-somethings will gladly do the work you used to do, and probably for less money. Yes, businesses are hiring again, but not nearly fast enough. Many people are so disheartened that they’ve simply stopped looking for work. Though there is no single path, there are success stories that offer hope.
The article shares success stories about boomers without jobs who became a franchisee, a real estate renovator and a networker.
Plus the article tells of this inventor.
Photo from New York Times Magazine (1)
The article says: Jeffrey Nash, shown with Donna Sanchez, invented the Juppy, a sling that helps children learn to walk.
After 15 years selling men’s clothing for a national retailer, Jeffrey Nash, 58, was earning $90,000 a year and was often the top salesman in his company. But as the recession deepened, he began referring his customers to struggling co-workers. His sales commissions took a hit.
“I kind of softened up,” he says. “My sales went down because I was sharing them.”
His income fell to $65,000. And as shoppers became more cautious during the recession, he knew that it would soon fall even further.
“I was doomed,” he says. “I knew I had to come up with an idea.”
Mr. Nash, who lives in Las Vegas, had invented a device he called the Juppy, a sling that helps toddlers learn to walk more safely and confidently.
“I had already touched base with a patent attorney and had started the ball rolling,” he says. He took three weeks of vacation to see if he could make a go of his invention, telling only a few people about his plans. Their opinions were “really negative,” he recalls.
Undaunted, he drove to Los Angeles and San Diego, selling the Juppy from his trunk and on a televised sales show, and earning $12,000 in three weeks.
“I never went back to work,” he says.
Investing $35,000 of his savings and an additional $9,000 from his father and a friend, Mr. Nash had the device manufactured in China.
“The transition was simple,” he says. “If I’d stayed in my old job, I was going to lose in the end. I was done. I needed a massive change. I needed income of several hundred thousand dollars. I knew I had to take a risk, a massive risk.”
That included selling his home — for $200,000 less than he had paid for it, because of the downturn — and renting a house instead.
“I used to drive a Lexus,” he says. “I let that go. I don’t need it anymore.”
Mr. Nash has since sold $500,000 worth of his product, netting $200,000 in two and a half years, an annual average of $80,000. He is relieved, and proud of having successfully leapt from the familiar into the unknown.
“It’s unbelievable to me that at my age I recognized a need and filled it,” he says.
“We’re having a hard time filling orders right now, we have so much demand.”
Here are three benefits of a micro business.
First, from a timing point of view, we can start any time and work through the ups and downs. Our own business can adapt more quickly to our circumstances because it is under our control, not the whims of a market.
Secondly, a business integrates our energy with an investment which provides maximum income as well as the best tax benefits.
Third, because this is OUR business, we can do what we love…serving, satisfying, earning and having fun all in one package. We can find and achieve your destiny with a pinnacle career.
In my mind our own business is not an encore…but the real performance. Our past careers were just the warm up act. What many call an encore is not the end at all. This is the beginning of a pinnacle career.
Improve retirement economics through writing.
The careers we create in our 50s, 60s, 70s and even 80s use our greatest experience and the growth of wisdom. These can be our pinnacle careers. The careers can earn more, be truly fulfilling and provide a greater service to mankind.
I prefer to think of careers for those aged 50 and beyond as pinnacle careers. These careers are what we are here for. We could call them our destiny careers.
Merri and I share two passions…. writing and fixing up old things. We love seeing through the grime and neglect in old places that have a grace and solid reputation shrouded in time. There is a tasteful architecture from a passed by style that used to require individual care, pride and effort… artisans and laborers working side by side carving, painting and polishing masterpieces atop solid engineering.
Our latest fixer-upper venture…a cottage 101 years old…and still handsome in her stately charm.
Writing is fixing up as well. There is plenty of grime and neglect in society that requires washing away with words. Books, reports, articles, courses and magazines that share ideas or sell products and service are architecture in words, art and English. They are carving in syntax and polishing in function and form.
The foundations of all writing are ideas. They support a framework of love, hate and desire and all the emotions throbbing through the heartbeat of humanity.
Writing builds shelters against the storms of stagnation and creates progressive energy that artistically leads us from the tyrannical grasp of existing thought into new dimensions and ideas.
Marco Polo photo from Wikipedia.com
Marco Polo changed the thought process of the Western World through words.
Marco Polo was a merchant and an explorer. He saw wonders when he ventured into the Eastern World. When he shared these wonders, it altered the entire way that mankind in Europe lived from the introduction of gun powder to paper money. Marco was able to share these innovations due to his writing!
Biography.com says of Marco Polo’s exploits (bolds are mine): Just a few years after his return to Venice, Marco commanded a ship in a war against the rival city of Genoa. He was eventually captured and sentenced to a Genoese prison, where he met a fellow prisoner and writer named Rustichello. As the two men became friends, Marco told Rustichello about his time in Asia, what he’d seen, where he’d traveled and what he’d accomplished. His stories were soon committed to paper and eventually published as a book called The Description of the World.
The book made Marco, who was released from prison in 1299, a celebrity. It was printed in French, Italian and Latin, becoming the most popular read in Europe. But few readers allowed themselves to believe Marco’s tale. They took it to be fiction, the construct of a man with a wild imagination. The work eventually earned another title: Il Milione (“The Million Lies”). Marco, however, stood behind his book. He also moved on with his life. After his release from prison, he returned to Venice, where he married, raised three daughters and, for some 25 years, carried on the family business. Marco died at his home in Venice on January 8, 1324. As he lay dying, friends and fans of his book paid him visits, urging him to admit that his book was fiction. Marco wouldn’t relent. “I have not told half of what I saw,” he said.
Marco’s desire to earn more money, his travels and adventures were the foundation of his destiny, but his writing was his legacy. Here is one more excerpt from Biography.com.
In the centuries since his death, Marco Polo has received the recognition that failed to come his way during his lifetime. So much of what he claimed to have seen has been verified by researchers, academics and other explorers. Even if his accounts came from other travelers he met along the way, Marco’s story has inspired countless other adventurers to set off and see the world. Two centuries after Marco’s passing, Christopher Columbus set off across the Atlantic in hopes of finding a new route to the Orient. With him was a copy of Marco Polo’s book.
Writing to sell is one of the most powerful forms of marketing. Marketing is what we do in every aspect of life… every day.
The heart of all events requires marketing. We market ourselves, our business, our thoughts, ideas and beliefs all the time. In business, marketing covers strategic planning, product design, packaging, distribution, advertising, public relations, promotions and sales. Marketing is the process by which anything and everything – product, service, idea, person, is introduced and promoted. Without marketing, we may be or have something great, but no one knows it.
All marketing begins with writing, whether, a speech, picture, video, movie, advertisement, announcement, banner, jingle, song.
The birth place is in the written word.
Consider writing as one part of your pinnacle career.
Merri and I urge you to unlock your creativity so that it can lead you toward your destiny that is fulfilled in your pinnacle career.
How We Can Help
We offer an online course. Self Fulfilled – How to Write to Sell.
Seven P Secrets of Self PublishingWhen you write, you can work anywhere.
Here I am working poolside in the winter, at our Florida farm.
Here I am with our hound Ma, working during the summer at our North Carolina farm.
Learn how to earn everywhere, while living anywhere you choose. I have been able to earn by writing in Hong Kong, England, the Isle of Man, Dominican Republic and Ecuador to name a few of the places I have lived. Anywhere I am, I am able to work.
All I need is my laptop.
That’s all you need too… a laptop to be free!
Before computers, a pencil and pad did the job.
Freedom is just one benefit you can gain from a laptop business.
Another benefit is income. Writing has brought me both our farms in Florida and North carolina, free and clear… plus a lot more.
Another good example of earning potential is my friend Hugh Howey. He was working for $10 an hour in a book store when he self published his novel Wool, typing in a storage room during his lunch breaks.
Soon he was earning over $100,000 a month on Amazon.com. This helped secure a six-figure book deal from Simon & Schuster, and an option for film by Ridley Scott, director of Blade Runner and Alien.
That’s what he’s doing now.
Hugh and I playing chess (he beats me badly).
Writers like Hugh are great inspirations.
A couple of years ago Hugh left Florida, and moved to South Africa. He had a sailing catamaran built for him and now can sail the world while he continues to write.
Hugh explained it like this: And that’s the miracle of working as a writer: I can do it from anywhere and everywhere. The past few years, I’ve done a lot of writing from airplanes and airports while on business trips abroad. SAND was entirely written overseas while traveling through seven different countries; I think it’s a better story because of those inspirations. In upcoming years, I may be writing near your home port.
Hugh’s a super star writer and his success could not happen to a more deserving and talented person. He pours enormous energy into being worthy of his readership. But you do not have to be a million dollar a year earner or a traveler to benefit from writing.
The good news is… you do not need a huge success to have a rich and fulfilled lifestyle. Self Publishing can bring you a life that most people only dream of, as a journeyman writer, instead of a super star.
May I hastily add that the path to stardom begins as a journeyman… so the journeyman’s path brings success without stardom… but can also lead to stardom.
What most success stories like Hugh’s rarely explain is the many hours of writing that was devoted before their self published book sales soared. Hugh, like most writers were journeymen first. Stardom came later.
Here are sevens secrets that can help you become a journeyman writer.
The secrets are a writer’s armory of tools that allows almost anyone to create successful publications for income, freedom and fulfillment.
Take Merri’s and my publishing business as an example.
Merri and I are not writing stars. We are journeymen who have for more than 40 years, year in and year out, earned solid income writing and self publishing dozens of publications about multiple subjects.
Some years that income has been more than solid… over a million dollars. Yet in terms of stardom, we are hardly known.
In a moment you’ll see why that’s fine for us and probably will be for you too.
First some history.
Merri became involved in self publishing over 40 years ago… first helping a veterinarian publish a book on a very specific market… animal acupuncture. Then she showed a needle point artist how to sell more books to an even more specific audience… “needle point enthusiasts” about her needle point work to an audience larger than the population of the city she lived in. This led Merri to eventually become Executive Editor of an award winning magazine in Florida.
My story allowed Merri and me to work and live from Hong Kong to London to Europe to Eastern Europe, then the Caribbean and then Ecuador… making millions in the process of following our adventures… having fun… while helping a large readership adapt to a rapidly changing world.
That’s what self publishing can bring, profit, adventure and fulfillment, a great feeling of worth and wonder.
Self Publishing has created exactly the lifestyle we desire allowing us to span the world and work with meaning and purpose.
Self Publishing has become a new business art form.
The seven secrets can help you start your own self publishing business now.
Everything in publishing is new and exciting and changing. Publishing is being recreated by the wonderful power of destructive technology.
Everything is new… except the seven secrets.
Change in the publishing industry is disturbing many. We love this evolution due to these seven secrets we call the 7Ps. The 7 Ps are so fundamental to writing and publishing that new technology enhances rather than reduces their power.
The First P is Passion.
Whatever your passion, you can immerse yourself in it AND create income with self publishing. This can be your direct ticket to the kind of fulfillment you’ve always wanted.
Whether you want to travel the world or live as a recluse, work 12 hours a day or not work much at all, you can set your schedule to succeed, if you’re willing to learn these seven secrets.
You can start part-time with any dream, passion, and budget. Once you’ve created a product, you’ll enjoy the “multiple effect” of producing profits over and over again.
So the question is… What do you love to do?
What’s Your Passion: An example is that thirty years ago, a client of Merri’s had a passion to help people who were in pain? He published a series of pamphlets explaining various chiropractic disorders in very simple terms. For example: “What Is Whiplash?”
The pamphlets contained solid information, but were simple 5″ x 7″ brochures with drawings and explanations. He sold them with a rack to chiropractors, who put them in their offices for patients to read. These little self-published items sold year in and year out for decades.
There are thousands of ideas of this sort that can lead to big business. It’s just a matter of defining and then acting on your passion.
Although I can work when I please and go where I wish, for me the most important reason for being a publisher is the satisfaction it brings.
I love the projects I take on, so work doesn’t feel like, well… work.
What do you love? If you love golf, then you can write and sell publications about golf. Love travel, fishing, dogs, dolls, or art? Write and sell publications in these fields.
Are you concerned about crime, war, poverty or environmental issues? You can publish information products that help reduce these concerns.
Would you like to help the world be a more spiritual place? Publish a newsletter, write a book (or hire someone to write it for you), record a tape… publish something that enlightens people.
Whatever your passion, you can immerse yourself in it and earn income by publishing for ereaders, print on demand, CDs, lists, bound books, or any format you choose.
Be immersed in your passion and get paid well for it.
This is why stardom is not the main goal for most writers and self publishers. Extra income, more freedom and fulfillment are usually more than enough enough.
The seven Ps are:
#4: Profitably Priced Product
#5: Prospecting Pathway
The first time I exposed others to the secrets in Self Publishing was in a weekend “Writer’s Camp” seminar. We offered the camp for $1,500. 80 delegates enrolled. People from all walks of life attended—chiropractors, businessmen, investors, doctors, realtors, inventors, airline pilots, engineers, and housewives.
Merri and I were so overwhelmed by the response, we decided to make it available to a larger audience. We created a written course based on our current self publishing activity called “Self Fulfilled – How to be a Self Publisher.” Then we recorded the weekend “Writer’s Camp” seminar.
Thousands have used the course as it has evolved over the decades.
You can receive both the written course and the recorded weekend seminar, in an MP3 file, in a special “Live Well and Free Anywhere” program I am making available to you. The normal fee is $299 for the written course and $299 for the recorded workshop. I’ll send you both the course and the recorded workshop and my course on how to expand the profits of what you write called “Eventful Business” (also $299) all for $299. You save $598.
We are so confident that you’ll gain from this offer that if you are not fully satisfied, simply email us within 60 days for a full refund .
These courses are not theoretical. They describe, step-by-step, how Merri and I built a million-dollar international business and how we are running this self publishing business right now. We use the 7Ps today just as we did four decades ago to create a strong annual income.
This correspondence course is for those who would like their own international self publishing micro business for fun and profit. If you want fun, freedom, extra income and fulfillment with your own full or part time writing or want to build your existing business, by writing to sell you can profit from this course. The course can help who want their own business or who want to have a business together or a family business. This is the perfect course for those who can no longer find employment, who are looking for ways to earn abroad and who wish to retire and supplement their income.
Whether you are retired, an investor, chiropractor, doctor, dentist, professional or already own your own business, this offers another way to make money, to turn your passion into profit. We guarantee that we have shared all we know to help you start and run your own international business. Enjoy and live a life of following your Passion to Profit… through writing.
Here is a special offer.
Whatever your passion, however you do business, chances are you’ll be writing either to create a product or to sell a product.
You save more than $598 because you also receive a recorded webinar conducted by our webmaster David Cross (at no extra cost).
David has been our webmaster since our website began in the 1990s. He is Merri’s and my business partner. We could not run our business as we do without him.
Learn the tactics we use in our web business that condenses 27 years of practical experience about search engine optimization, and writing for search engines.
For the last 27 years David has worked with companies large and small – IBM, Agora Publishing, AstraZeneca and many small business owners. He has worked in 22 countries, and lived in six of them.
David’s clients span the globe and represent companies and charities both large and small. From corporate giants to small, one-woman businesses and everything from finance, healthcare, publishing, technology, real estate, veterinarians, alternative health centers and everything in between.
David is an essential part of our web based business.
Myles Norin, CEO of Agora, Inc. wrote: “I have found David’s knowledge and experience unmatched in the industry. Without David’s expertise and guidance for the past 7 years, we would not be nearly as successful as we are.”
As Senior Internet Consultant to Agora Inc. in Baltimore, MD, he worked closely with Agora’s publishers and marketers and – over a 7-year period – helped to propel Agora’s online revenues from around $20 million to well over $300 million.
David’s webinar will help you gain benefits in your micro business that large internet marketing companies use. In this practical recorded workshop you will learn valuable skills to help your micro business.
There has never been a time when the opportunity for small businesses abroad has been so outstanding. Expand your borders now! Increase your economic security freedom, independence and success.
If you are not fully satisfied that this offers you enormous value simply email us for a full refund within 60 days. You can keep all three courses as our thanks for giving our courses a try.
You also receive a report “How to use Relaxed Concentration to Brainstorm Business Ideas” and a recorded workshop “How to Become and Remain Rich With Relaxed Concentration” at no additional cost.
Plus you get more in the program.
You receive regular writing and self publishing updates for a year. Businesses usually need to evolve. Merri and I continue to publish and have our independent businesses. Some basics have remained for decades, but new strategies occur all the time throughout the year. We’ll be sending along updates that share our most recent experiences as we learn and continue to grow our international micro business from Smalltown USA.
My special offer to you in this “Live Well and Free Anywhere Program”, is that you receive:
- “Self Fulfilled – How to Write to Sell” course
- Video Workshop by our webmaster David Cross,
- The entire weekend “Writer’s Camp” in MP3,
- MP3 Workshop “How to Gain Added Success With Relaxed Concentration”
- The business course “Eventful Business”
- Any updates to any of the courses, workshops, reports or recordings for a year
We are so confident that you’ll gain from this offer that if you are not fully satisfied, simply email us within the first three months for a full refund.
(1) New York Sunday Times Over 50, and Under No Illusions by Diego Ibarra Sanchez