Schedule of Speaking Engagements | Talking Points
| Media Release | Bio
We should all be preparing a Fallback Position.
As John Arnold says, ‘If you don't own your own business
you can be fired at anytime.’ So you absolutely need to read
Fallback Position. It's filled with great information for us to
fallback on before we even think we might need it.
--Diana Wright, known as the ‘Oprah Winfrey
of the Caribbean’ Radio
Talk Show Host: South Florida Speaks Out, WSRF
John, You were a great guest. Informative and interesting. And
you have a great radio voice. I assumed you have done lots of radio.
If not, you should!
I plan to have you back on again soon
because I think this
is an area of financial planning that most people totally ignore
even with 9 million people out of work.
BE PREPARED TO GET FIRED
- 9 million people are currently unemployed
- 600,000 jobs were lost in 2003
- 75 % of those Employed are from industries undergoing ‘creative
- No one is immune. Anyone Who Can Be Fired Needs
a Fallback Position.
The days of 40 years and a gold watch are gone. The
CEO today is not the captain of the ship who puts you in the lifeboat
and then goes down with the ship. There are no lifeboats in today’s
business culture. You need to prepare your own lifeboat.
The job market is not getting better
EDS will shift more of its services staff overseas
to countries such as India, with a goal of having 20,000 employees
in so-called "low-cost" countries by the end of 2004:
EDS CEO Jordan.
"The jobs report is just awful. [It] shows no
letup in the trend of job losses in a quarter when all other signs
point to rapid growth. Businesses across the board are figuring
out ways to do more with fewer people. Another month like this
and rate cuts will definitely be back on the table," said
Bill Cheney, chief economist at John Hancock Financial Services.