Powerful families or are they? Part 2

The world has become the playground of the rich and elite few,families and individuals that use influence and of course intellect to stay financially stable (to say the least) despite any global economic crisis which may have occurred over the years. One such family are the Rothschilds (famously know as).

The Rothschild family (often referred to simply as the Rothschilds), is an international banking and finance dynasty of German Jewish origin that established operations across Europe, and was ennobled by the Austrian and British governments. The family’s rise to international prominence began with Mayer Amschel Rothschild (1744–1812 – pictured), whose strategy for future success was to keep control of their businesses in family hands, allowing them to maintain full discretion about the size of their wealth and their business achievements. Mayer Rothschild successfully kept the fortune in the family with carefully arranged marriages between closely related family members. Nathan Mayer Rothschild started his London business, N. M. Rothschild and Sons in 1811 at New Court in St Swithin’s Lane, City of London, where it still trades today. In 1818, he arranged a £5 million loan to the Prussian government, and the issuing of bonds for government loans formed a mainstay of his bank’s business. He gained a position of such power in the City of London that by 1825–6 he was able to supply enough coin to the Bank of England to enable it to avert a market liquidity crisis.

Smart huh?

However is it right for a family to control such an integral part of the Financial World, Banking? Doesn't that raise eyebrows as to how the banking sector takes advantage of the common man in order to meet the financial desires of the Elite? Hmmmm so many questions yet, there are no concrete facts which may give us satisfactory answers!

Read about them and draw your own conclusion.
As a firm believer in capitalism and accumulation of wealth respect their longevity as a powerful family.

What is the Internet?

I recently signed up for an online marketing course on Traffic Synergy, and they had an interesting article on What the Internet/Cyberspace is and i thought i should share it...

The internet is up there with fire, the wheel, the light bulb, in terms of technological advancement that has revolutionized the way the world thinks and works.

The internet has made so many things possible that even as little as ten years ago seemed virtually impossible – like video calling some one in based in Russia while you are based in Cape Town.

The internet is a global system of interconnected computer networks, that interchanges data via copper wires, fiber-optic cables, wireless connections and other technologies. In short the internet allows a computer based in Cape Town to communicate with a computer (usually a server) based in Russia. Computers communicate with each other via the internet almost instantaneously, and is dependant on the physical limitations of the technology being used to relay the communication.

The internet is also known as the information super highway, and allows web users to access information, download and upload electronic files (like audio, text, video, image, and others) to be viewed for the whole world to see. Websites, blogs, vlogs, emailing, IM, VoIP (internet calls) are a few of the applications of the internet that are common place in daily life.

The internet is still in its infancy in terms of application development and regulation. International bodies like the World Wide Web Consortium and Internet Protocols are being developed to try to bring order to the chaos that is cyberspace.

This phenomena has transcended all barrier's and made the world "seemingly small"
Question: has it introduced a new way of doing business, communicating etc or has it made us lazy of actually interacting with other humna beings?

Either way, i quite enjoy it's usefulness and how it's made my life extremely easy...and more importantly it has inspired a lot of business ideas.We now have a new breed of Executives (Online Executives). Powerfull business people who have made a chunk of their money from this phenomenon.

But thats just me, you can draw your own conclusion.

Powerful Families or Are they? Part 1

For those who have never heard of the Rockefella family,they are one the most well known families in the world so much so that Jay Z named one of his business ventures after "the great name". J.D Rockefella, who has been rumoured to have been the richest man who ever lived worth $663.4 billion in 2007 dollars,foundered Standard Oil Company and aggressively ran it until he officially retired in 1897. The Rockefellas have been associated with "Illuminati" conspiracies and their involvement in US Banking sector. This is one Family that has remained in the pinnacle of power for generations.

How do they do it?

I would like to think they've had a great deal of influence on the US Government for many years.They have shown what capitalism can do for a person, better yet for a whole family.

Are their business practices really above board though ?
Read more about them

Then draw your own conclusion!

A sad truth about most traditional b2b marketing by Seth Godin

Read this post and visit the full link to this article by Seth Godin

"People who don't care, selling products to people who care less."

I was at a conference recently where the senior executives spent the entire day talking about profits, market share and growth... they never once mentioned that the pharmaceuticals they were selling were saving lives, or that changes in the product or its pricing could reduce side effects or the load on the patient and her doctor.

This disconnect is becoming less common, but it still happens. It's okay to be passionate about what you sell, even if it's an industrial chemical. It's okay to be connected to your suppliers and vendors, even if you're spending company money to buy from them.

Full Article here

Knowledge is the new money

Gone are the days where money alone means you have leverage over everything and everyone. Fresh out a crunch reported to be the worst in financial history, something has to give, with the Dollar being backed up by absolutely nothing and rumored to be worth 4c of its earlier financial times and do keep in-mind that this is one the most powerful currencies in the world, at a time like this knowledge has become more valuable than money.

Clearly the same “logic” that got us into this financial mess is not the same “logic” we can rely on to get us out. Standard advice and simple non- transparent information is what we have been fed all along and when all it all came crashing down, that’s when we realized that we were mislead, mis-informed and possibly used as leverage as part of some scam with our money at the advantage of a few others [elites].

Me being a big fan of Robert Kiyosaki (Rich dad poor dad, Conspiracy of the rich author ), I have learnt to see that simple things will amuse small minds and there is nothing we can do about it mainly because our school system has failed to teach kids how to see beyond the physical and tangible. With that said, he (Robert Kiyosaki) strongly believes that ideas such as Save your money, Invest in a diversified portfolio and work for the rest of your life (until after your retirement fund runs out at least) have become obsolete concepts that will put you in some dark corner inevitably. Bare in mind, he does not say that all these concepts are pathetic or a waste of time, although he strives to push the limit of ones thinking to reach ideas that go beyond these well filtered ideas.

The biggest investment one can make at this time is reading books, researching and understanding what a simple paycheck can do for you. Lets test our limits and see beyond what’s at face value.

School of Common Cents

Instead of just going on week in and week out about the relevant views (regarding money management skills) that I feel are not well represented in our school system, I have decided to design a virtual school, to further emphasize the importance of money management in a simple and understandable guideline for parents to follow through with to their kids. Please take note that this does not mean that each standard [Grade] is to be allocated parallel to the tips in real life format, this is merely a concept/steps which I feel will be relevant in a guidance format.

Primary Steps

Grade1: Introduction: This is where the enlightment stage on the subject of money management needs to be introduced backed up with tactical planning that will be implemented upon your Childs personal likes and dis-likes. This is where you establish what your child already knows about money, what more do they want to know and what money means to them. Take things slow and be patient with their progress, guide them and show them the ropes.

Grade2: Exposure: Now they need to see what you are talking about. Behind the curtains of finance, beyond the physical cash. This is the stage that will be inclusive of such things as reading materials, e.g. newspapers, books, audiotapes. The idea of money needs to settle in and they need to be presented with first hand proof and examples of what money entails.

Grade3: Research: The research stage is implemented the moment after the idea and the example have been established. This primarily giving them a chance to venture out on their own and letting them test waters with the information they have at their disposal. Such a medium also allows you to see the opinions of others that are in the same race that you are in.

Grade4: Clarify: The research stage tends to be informative and on the other hand so is reality. The clarifying stage is the point at which you combine real life stories from everyday living to the research acquired. A conclusion of facts needs to be put on the table to further see lessons learned on the matters discussed.

Grade5: Confirm: The absorbing of new information is real exciting, especially when it is something that you are enjoying, although at some point one needs to step back and verify if all they have learned is truth, reality and relevant.

Grade6: Adjustments: All that should be implemented is checking if all their ammunition is in place for action day. They will need to prepare one last bit with no assistance in-order to fully aware of what they have learnt. The info moments come to an end here, where reality takes place.

Grade7: Moment of clarify: This is the moment of clarity, the moment that you are to present your child with funds to further prove that what he has learnt within the past few grades of learning has been fully met. You can create a medium where you open a bank account for them (if they don't have access to one already) and every month let him draw up a budget plan that they will show you, then you can transfer his allowance into the account and every end of the month view his statement and see whether he has managed his budget accordingly. Do this on random months and the moment you are certain they have grabbed the repetition. Let Go. And let them walk on the road to wealth.