Are you trying to create wealth in a racing car or a jalopy??

It doesn't matter whether the spark of hope within you
is large or small. The right thoughts coupled with the
appropriate action, every single day, will ignite that
desire into a blazing inferno of determination.

All the great men and women achievers of the past have
shared one overwhelming similarity - a burning desire to
achieve their objectives.

What many don’t realize is that business opportunities
are very much like cars. There are racing cars that
travel at 400 miles per hour and there are jalopies that
putter around . . . and there’s everything in between.
Which brings me to an important question - Are you trying
to create wealth with a jalopy or a racing car??

Most people are so stuck in what they’ve been doing they
don’t realize that there are cars whizzing by them every
second of the day.

There are vehicles out there which are making
‘gazzillionaires’ as we speak. What is your vehicle?
Is your vehicle one that is so timely, right on trend,
right where the market wants it? OR are you putting all
your energy and time (your most valuable commodities)
into something the market doesn’t want?

Effective marketing is critical - supplying the customer
with what they want, when and where they want it, at a
price they are prepared to pay and at a profit.

But, the big question in these ever-changing times is
which customers have (and will have) the biggest
spending capacity?

The answer; baby-boomers hold the key and timing
is everything!

I would recommend that you carefully consider what
you’re doing. Get the knowledge and information you
need to make the right choices.

To choose your racing car look to those baby-boomers.
The fact is baby-boomers (born 1945 - 1965) are reaching
the height of their earning and spending capacity -
and there are a lot of them. Inflation should remain
low due to the following factors . . .

- High productivity of baby-boomers
- High demand of baby-boomers
- Age driven spending (influenced by low interest rates
and low inflation)

Also consider for a moment, the habits & traits of your
average baby-boomer (if there is such a beast).

They are likely to be:
· Knowledgeable, informed buyer
· Quality consciousness
· Highly participatory and experiential
· Have high discretionary income
· Convenience oriented
· Highly individualistic
· Strive for self improvement and excellence
· Value leisure and creative pursuits
· Conscious of health & environment
· Self help oriented
· Highly experimental
· Value passion, care and the personal touch

Put simply, for the first time in history, we have our
largest population* between the ages of 40 and 60 years.
The fastest growing group are those over 80 years and the
slowest are those in the 0 to 9 years age group.

There are some fairly obvious reasons for this. In days
gone by people had many babies but these babies often
failed to survive past infancy and, adults didn’t live
for any where near as long as we do today.

Do you know any couples around the age of twenty who
are planning to get married and have nine or ten children?
I don’t think so! You see something called the ‘pill’ came
along and dramatically changed things forever.

Do they want to live in the outer suburbs and commute
long distances? No! They want to live close to amenities,
with good (and/or cheap) restaurants and entertainment
facilities nearby.

So there you have it. If you want to choose a racing car,
then baby-boomers hold the key and timing is everything!

* Statistics may vary from country to country.

© Market Leaders Limited.

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About the Author

Noel Peebles has bought, developed and sold several of his own
businesses, and has been involved with the purchase and sale
of many others. He has fifteen years of 'hands on' experience,
directing his own highly successful' retail businesses, including
franchise marketing and business development. He also has his own public
self-storage complex.
And, he's traveled extensively to over forty countries.