Wondering when the $1000 bill will come back

Believe it or not, the United States used to print a one thousand dollar bill. With all the printing of money by the federal reserve you can be sure it won't be long even a $100 bill won't buy you much. Even today $100 is a night at the movies for a family of 4.

While the $1000 bill was taken out of circulation back in 1969, there are still a few of these floating around. Some say the Treasury stopped printing these because of the drug trade, in reality back in the 1960's and 70's one thousand dollars was a lot of money. Today not so much.

So before it happens take action now, one day will will see one thousand, ten thousand and even possibly one-hundred thousand dollar bills. When a fiat currency has no constraints on printing, it will return to it's "intrinsic value" which is the value of the paper.

They [the government] says that inflation is under control and low. But if you are one buying gas, groceries, and other goods you will probably think differently. Even a conservative estimate is that we have 5-7% inflation and even higher when you look at the costs of contining education.

How can you protect yourself from inflation? Is there any hope?


You can begin right now! Start a inflation proof business. Something that will increase when the higher inlfation hits.
As they say, find a product that is consumable, one that you can get repeat commissions on and one that is needed whether times are good or times are tough!

You've made the decision, now where to start?

You've made the decision to start your Home-Based business but are not sure where to begin. I would like to offer some advice as a seasoned entrepreneur.

• Get setup ASAP. Business cards, clothing, catalogs, signs for your vehicle are important to advertise to others that you are a Distributor of said company.
• Use the products your self. . Become a product of the product, a walking testimonial. Using your products with success will inspire confidence when you speak to others. 
• Make a list, or make several lists. One of everyone you know personally, another of at least 100 businesses in your immediate area. Keep it within 50 miles radius
• Become Genuine. Genuine about yourself, your product and your customers. I call this keeping it "Real"
• Let your friends, family, and acquaintances know what you are doing. This should be done as announcement, not a sales pitch.
• Be prepared to give yourself time to get your business established. This will be at least 24-48 months. That's right 2-4 years. If you cannot make that commitment then don't even get started. This is a business not a get rich quick scheme.

 After you have decided to get started, find yourself a few mentors. The reason is that no one works their business the same. This means you will want to follow advice on several different people until you can add your own ideas, flair and personality. Don't start off reinventing the wheel, do what has worked for others until you have the resources to give your own ideas a try. If you start off doing it "your way" you will fail and you will lose money. Don't ask me how I know this.

If your company has awards and recognition use that as a goal sheet. Ask yourself, what do I have to do to get the first award from the company. Start right away working towards that goal. You will also want to use those recognition levels as your goal sheet. Set a time line that you can accomplish. Put a date beside each goal, you might want to work with your mentor on this as they will have more experience on how hard or how long it takes to reach each level.

One company that I have worked with has a Rolodex Award. This is a special award the mentor gives out when they have talked with and followed up 100 people. This sounds like a great way to build up your contact list. Get to work on something like this as well. Talk to 100 people about your business, show them what it is you do, then follow up. Once you do the show, and follow up then check them off your list. When you get to 100, give yourself an award.

One of my favorite mentors is the late Jim Rohn. He has been called America's Foremost Business Philosopher. I recommend listening to his material as well as reading his books. The things that he talks about will change your life as well as your thinking. I can't talk enough about reading the books and listening to the tapes.

On average I recommend reading at least 1-2 person development books per month. The more you read and absorb, the more you will have the confidence, the knowledge and the desire to succeed in your business.

I can tell you, it won't be easy at first. There will be days you feel like giving up, that no one is interested in your product or service. Read the books and it will help you get through those times.


There are many great books that I have read and continue to read. Please take a look at my Recommended Reading List I have personally read every one of these books and they have all been a positive influence on my life.

Few last things you need to get started on right away in your new business is finances. You might not be in a position to have extra money right now but if start out right, it will be much easier once your business is rolling full swing.

When I started my mentors never mention much about taxes, business expenses, accounting / bookkeeping etc. I had to go out and find all this out on my own. After that I share with all my new distributors the programs that I have found useful.

One program that I have been using for years is a simple and effective bookkeeping software called Home Business Tax Helper. www.homebusinesstaxhelper.com It's inexpensive and has a lot ideas already in the program for the business expenses you should be taking.

Next you will want to set up a separate checking account. Use this for all business expenses, even if you have to add money to it from your personal account. This will help you keep track and prove that you are serious about your business.

Lastly, you will want some sort of filing system. At first one of those file boxes will work. As your business grows you will want a cabinet of some sort. Keep your business receipts separate from your personal ones. Come tax time you will save yourself a lot of time and frustration if you get your financial house in order.

Starting out your business is an exciting time. Get started right and you will see success in no time.

Happy Prospecting.

Michael Sparks--Entrepreneur

Flying to build your business

I just love to fly. The question is why? Here are some ideas that will allow you to expand your mind and think about "the bigger picture"

For me flying isn't something I necessarily enjoy because of the security, the hassle, and the all the germs being spread around. So you must realize my love of flying has more to do with a business aspect that I will now explain. Flying allows me to realize, visually how big our state, our country and the world is. As we leave the ground I can see cars whizzing down the road, rows and rows of houses, large office buildings, malls, and businesses as well as hundreds of thousands of acres of farm land. I realize the untapped business potential is essentially endless (in personal terms) meaning I know that I will never be able to work with every single person out there, though I do have the potential to work with many more customers than I currently do.

My other love as I look down is the fact that we are traveling at 300 or more miles per hour. The efficiency of doing business in distant places allows anyone to jump on a plane and in a short time be in another state, or country. Matter of fact as I write this I'm sitting on a plane headed to Florida for a business meeting. It wasn't that long ago really when flying was prohibitively expensive. Today my ticket will cost less than it would cost me to drive from Tennessee to Orlando and back, let alone the extra time it would take to drive.

In my businesses, where just about everyone is a potential customer, it makes sense to have connections, customers, and business partners anywhere I go. Flying to Florida we are turning a business event into an opportunity to connect with friends, as well as meet new folks.

I guess its not so much the act of going through the hassles of getting on the plane, but more the perspective it gives me that there is a whole world full of people out there that I haven't met yet.

Happy Networking,

Michael Sparks - Entrepreneur