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Prosperity: The Choice Is Yours     February 15, 2001

Lee Iacocca,
King of Detroit

    Lee Iacocca, the son of a poor immigrant, has become one of America's most respected business men. From lowly beginnings and through many adversities, he worked his way up to President
of the Chrysler Corporation.

     Just out of college, he began working for the Ford Motor Company as a student engineer. On the assembly line, he learned every aspect
of how automobiles were put together.

     Although he was awkward and bashful, Lee was promoted to a salesman. It was there that he met a man who took him under his wings and taught Iacocca how to be the best salesman he could.

     In 1956 sales were slumping at Ford. Iacocca suggested offering a new 1956 Ford for a modest down payment, followed by three years of $56 payments. The "56 for 56" idea took off like a rocket.

     After 10 long years of hard work, Lee had become an "overnight success."

     Soon he was promoted to work as manager for Ford's national truck marketing, then another promotion to head the company's car marketing.

     Not stopping there, Iacocca set out to develop his own style of car. In 1964 Ford introduced the Mustang. Ford dealerships were literally mobbed with people wanting to buy the car and a new yearly sales record was established.

     In 1970, Lee was promoted to the ultimate position, president of Ford Motor Company, second in command under Henry Ford II.

     Never wanting to stop at success, he kept coming up with innovative and cost cutting ideas.

     But, trouble lay ahead.

     Ford was in control, like it or not, and he liked to exercise that control whatever the consequences might be. Ford began to worry about this "son of an immigrant" taking over the family business.

     It was salami slicing time at Ford. And Henry did it one slice at a time. Finally, Lee learned through a friend that he too had gotten the axe.

     Under the terms of resignation, Iaccoca was given an office until he found a job. It turned out to be in an obscure warehouse. A little cubicle with a small desk, one telephone, and cracked linoleum on the floor.

     For Iaccoca it was like being sent to Siberia.

     It wasn't long before he was offered the presidency of Chrysler Corporation. Not exactly a cushy position. Chrysler was in trouble, big trouble. The same day Chrysler announced the hiring of Lee Iaccoca it was
 history.

     The internal affairs at Chrysler were a mess. This was a company that was going to the dogs, and going there fast.

     Rolling up his shirt sleeves, Lee went to work trying to bring some manner of cohesion to the upper level management. Then he hired a top notch public relations firm to get back customer confidence.

     Things still didn't get any better. To make matters worse, the world economy in 1979 was falling apart. Gas prices were doubling and the fuel efficient import cars were taking over domestic sales.

     Chrysler got hit hard.

     Iaccoca's company was going under and he knew it. There was only 1 course for him to take. He went to the US Government seeking loans for a bail out. Congress was not impressed, but Lee had done
his homework. He argued that if Chrysler collapsed it would cost the country $2.75 billion dollars alone in unemployment benefits.

     His speech before the US Congress was so convincing, that Iacocca and Chrysler got their loans.

     In his fight for survival, Lee cut his own salary to $1 a year. Everybody in management got a salary cut except for the secretaries, who Iaccoca believed deserved every cent they made.

     Next he took on the union and said: "Look boys, I've got a shotgun to your head. I've got thousands of jobs at seventeen bucks an hour.
I've got no jobs open at twenty."

     The company began an all-American ad campaign to promote their new fuel efficient K-car. The car soon began to sell like hot cakes.

     His persistence and "never give up" attitude and his willingness to do whatever measures it took to ensure the viability of the company worked. Chrysler paid back the loans a full seven years ahead of their due date.

     Lee Iacocca had become a roaring success.

His thoughts are:

     "Apply yourself. Get all the education you can, but then, by God, do something! Don't just stand there, make something happen. It isn't easy, but if you keep your nose to the grindstone and work at it, it's
amazing how in a free society you can become as great as you want to be. And, of course, also be grateful for whatever blessings God bestows on you."

Dave Cole

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Angels From On High

     Cybersurfers may soon get their own patron saint. Reuters News reported that Pope John Paul is considering naming St. Isidore of Seville the patron saint of Internet users and computer programmers.

     St. Isidore lived in the seventh century and was believed to have written the world's first encyclopedia and the Entymologies.

     The Vatican went online in 1996. Their site is powered by 3 computers named after archangels - Raphael, Michael, and Gabriel.

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Something To Think About

    Zig Ziglar, motivational speaker, writer, and personal coach, says this. "The Ten Commandments are a back-to-basics guide for moral and ethical behavior."

     He says, "If we followed the Ten Commandments, we could eliminate the few million other laws that are on our books."

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     Online auctioneer eBay, based in San Jose, California, started out as a Web hobby for Pierre Omidyar. He was a techie whose girl friend collected Pex dispensers and was having trouble
finding other collectors online.

     His idea was to have a place where common and hard to find items could be found by people looking for these items.

     Since then, eBay has grown to become one of the Internet's most profitable and largest businesses. Soon to become even bigger.

     The Wall Street Journal reported that eBay is in advanced discussions to acquire the French online auction leader iBazar Group SA for a mere 100 million euros ($92 million) in stock.

     Last month eBay agreed to acquire a majority stake in the dominant Korean Internet auctioneer, Internet Auction Co.

     Ebay already operates sites in the United States, Australia, and Japan. World wide eBay has 22 million registered users.

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A Piece Of The Action

     Just think, not too many years ago, a Pierre Omidyar had an idea and started the ball rolling by actually doing something about it rather than just sitting there thinking it would be a good idea.

     Many people are in the same position. They want to get started with an online business, have some good ideas, but simply need a little help to get them going on the right track.

     There sure are a lot of online businesses available for the average person to get their E-commerce careers started with. Actually the problem is there are too many.

     How do you know which ones are the best and which ones won't just take your hard earned money or try to scam you?

     We've spent thousands of hours, plus spent a lot of money searching for the best online businesses out there.  We believe when you join an online business, you should receive the maximum amount of value for your money plus the business should be one which will give you the best chance for success.

     There are only a few business opportunities which stand head and shoulders above the rest. One of these is the "Instant Internet Cash Flow System" founded by top marketer Terry Dean.

     In order to become a successful marketer there are definitely some things that you just have to know. You have to have a knowledge about your business and you have to have a business plan to follow. Without these, you are just wasting your time and efforts.

     With the "Instant Internet Cash Flow System" you will get that knowledge. Included in the business are the exact same strategies and tactics that Mr. Dean himself uses to create a huge cash flow for himself every year.

     Plus you will get a business of your own, already set up. All you have to do is follow the instructions and promote it. Everything else is taken care of for you.

http://www.allthesecrets.com/ic/a1012z/index.html

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     "Always bear in mind that our own resolution to succeed is more important than any other thing."   ~Abraham Lincoln~

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Top Secret Government Project

     Back in 1969 a small group of computer whizzes was hired by the US Department of Defense to work on a secret project called, the ARPAnet. Their work yielded the first e-mail message, the first encryption technology, the first router, and is the forerunner
of what we now call the Internet.

     Right now the Internet is big. Really, really big. At last count, the Google Search Engine indexed a staggering 1.3 billion pages. According to Franck Jeannin, owner of LinkGuard, there are over
100 billion links on the Web.

     His idea is to develop a gigantic map of these links. He figures it will take a 40 terabyte hard drive to store all the imformation. That's 2,000 times the size of a typical 20 gigabyte hard drive.

     He's already signed for Dell Computer to build him the network needed to manage the map.

     In other computer related news, IBM unveiled the fastest server hard drive on the market. Their Ultrastar 36Z15 operates at 15,000 revolutions per minute.

     IBM's rival, Seagate Technology, says it will soon release a new hard drive that is even faster. Seagate holds a 44% market share for server drives, IBM holds about 25%

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Fast Facts

     The average adult Internet user will spend 23.5 months of his or her life span online. 23.5 million million US households have made online purchases.

     If facts like this interest you, then you need to visit:

http://www.e-tailing.com/

     Click on "e-trends" and you will be taken to a virtual storehouse of statistics.



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I stumbled across a very simple formula that sells products like
crazy. If you're interested in selling your products by the
hundreds or even thousands, check out this book: 
Amazing Formula

 

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As always, enjoy your life, enjoy your day, it's God's
great gift to you,

Our great blessing is:  YOU!

Dave
 

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