Monday, July 24, 2006

Go Where The Money Is Being Spent

To make money, we need to know where money is being spent - or more importantly, where the biggest increase in spending will be. That is where the Wellness Industry appears to be the best place to position yourself.

Other products like telecommunications plans are not as lucritive as growth in those industries has peaked after all, do you know anyone who doesn't yet have a phone? Websites and domain names are another product widely distributed from home, but again this is not a good market because the cost of providing websites continues to decrease so dramatically, that even though that market is expanding, less money is being spent.

According to renown US economist and author Paul Zane Pilzer, the major growth is currently taking place in the Wellness Industry, which he predicts will grow to be a trillion dollar industry by 2010!

Wellness is a huge, expanding market where companies, develop unique products and compete on quality and not just price. It is predicted that Intekllectual DIstribution will create ten million new millionaires in the next decade and the majority of them will be distributing wellness products.

If you go with the trends, the best chance you have is in the wellness industry!

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