so I have some staggering statistics
here I want to share with you from the
US Department of Labor that just came
out and that is about what percentage of
Americans currently are self-employed or
small business owners and I have a
feeling gonna be shocked with these
numbers here but prior to doing that for
some of you that recognize Southern
California I’m currently at the LAX skin
ready to jump on a flight to go to
Hawaii have a business meeting to do
tomorrow and I fly back to top out to
1313 city tour and one of the things I
was thinking about this entire time was
how great of a job marketing and
advertising agencies have done
convincing you and I what kind of
clothes we should wear
hence skinny jeans what kind of cars we
should drive
what channel we should watch which cable
company we should use as a Direct TV or
what should we use with that they’ve
convinced us to see what kind of a home
we should buy what place we should
travel to just they’ve done a very good
job at it but I think one of the parts
that they’ve done a very good job with
is the real estate industry let me
explain to you what I mean by that I
think they have done an excellent job
convincing you and I that the American
Dream starts with home ownership I want
you to think about that for a moment now
some of you may say well I think it is I
think it’s a part of it but I want you
to ask a question for yourself think
about it how many commercials especially
recently I was on Chicago Tribune being
interviewed for no article and their
concern was why are so few people owning
homes today and why do we have record
breaking highs and fifth-years numbers
on renting more people are renting today
and how does that make any sense of
people are renting more than ever but
why it’s realistic coming back up well I
explained to them a big part of it as
investors either people from Japan or
investors from Japan or some of the
investors and that we have in America
who their jobs is to manage risk they’re
investing into real estate because
long-term it’s a good investment but is
it a good investment
all middle Americans who don’t have a
lot of money set aside to go out there
by home after they see commercial that
says honey I love you so much honey I
love you so much baby I am so glad we
are finally living the American dream
and you know what the reality is they’re
not living the American dream they just
got into that four hundred thousand
dollars and I asked the question what is
the American dream I asked it earlier
is it homeownership I don’t know about
that I’m an immigrant we came to America
for the American dream to be a small
business owner but I want to give you a
number for where the biggest problem I
believe is right now in America and I
want to challenge the marketing and
advertising agencies in the cities and
the counties and the states to do a
better job encouraging people to start
small businesses did you know in 1950 25
percent of all American workers had a
small business over self-employed you
want to take a wild guess what that
number is today so 1950 was 25% what do
you think that numbers today all-time
low just six years ago was 11% you know
what it is today seven point eight
percent seven point eight percent of
Americans only are self-employed in
order business that’s a pretty scary
thought I think we need to do a better
job advertising and turning these
business owners that went from like
yesterday I was in Reno sitting with the
owner of pepper mill who’s he started
with a small coffee shop and now he runs
pepper mill they just invested six
hundred million dollars in renovations
not they own 5 casinos they’ve created
thousands of jobs I think we need to do
a better job telling those stories to
inspire people to become small business
owners and self-employed because if we
don’t the job market is not gonna be
looking too bright for my kids if we
keep getting this self-employed and
small business on our numbers lower so that’s my message of the week to you
here I want to share with you from the
US Department of Labor that just came
out and that is about what percentage of
Americans currently are self-employed or
small business owners and I have a
feeling gonna be shocked with these
numbers here but prior to doing that for
some of you that recognize Southern
California I’m currently at the LAX skin
ready to jump on a flight to go to
Hawaii have a business meeting to do
tomorrow and I fly back to top out to
1313 city tour and one of the things I
was thinking about this entire time was
how great of a job marketing and
advertising agencies have done
convincing you and I what kind of
clothes we should wear
hence skinny jeans what kind of cars we
should drive
what channel we should watch which cable
company we should use as a Direct TV or
what should we use with that they’ve
convinced us to see what kind of a home
we should buy what place we should
travel to just they’ve done a very good
job at it but I think one of the parts
that they’ve done a very good job with
is the real estate industry let me
explain to you what I mean by that I
think they have done an excellent job
convincing you and I that the American
Dream starts with home ownership I want
you to think about that for a moment now
some of you may say well I think it is I
think it’s a part of it but I want you
to ask a question for yourself think
about it how many commercials especially
recently I was on Chicago Tribune being
interviewed for no article and their
concern was why are so few people owning
homes today and why do we have record
breaking highs and fifth-years numbers
on renting more people are renting today
and how does that make any sense of
people are renting more than ever but
why it’s realistic coming back up well I
explained to them a big part of it as
investors either people from Japan or
investors from Japan or some of the
investors and that we have in America
who their jobs is to manage risk they’re
investing into real estate because
long-term it’s a good investment but is
it a good investment
all middle Americans who don’t have a
lot of money set aside to go out there
by home after they see commercial that
says honey I love you so much honey I
love you so much baby I am so glad we
are finally living the American dream
and you know what the reality is they’re
not living the American dream they just
got into that four hundred thousand
dollars and I asked the question what is
the American dream I asked it earlier
is it homeownership I don’t know about
that I’m an immigrant we came to America
for the American dream to be a small
business owner but I want to give you a
number for where the biggest problem I
believe is right now in America and I
want to challenge the marketing and
advertising agencies in the cities and
the counties and the states to do a
better job encouraging people to start
small businesses did you know in 1950 25
percent of all American workers had a
small business over self-employed you
want to take a wild guess what that
number is today so 1950 was 25% what do
you think that numbers today all-time
low just six years ago was 11% you know
what it is today seven point eight
percent seven point eight percent of
Americans only are self-employed in
order business that’s a pretty scary
thought I think we need to do a better
job advertising and turning these
business owners that went from like
yesterday I was in Reno sitting with the
owner of pepper mill who’s he started
with a small coffee shop and now he runs
pepper mill they just invested six
hundred million dollars in renovations
not they own 5 casinos they’ve created
thousands of jobs I think we need to do
a better job telling those stories to
inspire people to become small business
owners and self-employed because if we
don’t the job market is not gonna be
looking too bright for my kids if we
keep getting this self-employed and
small business on our numbers lower so that’s my message of the week to you
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