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“The 10 % Secret – making an extra ten percent pay one-hundred percent” by Loren Dunton – 1969. This book turns to be about all aspects of Financial Planning sales efforts to increase business. It discusses direct sales, commissions, talent, selling to executives, selling in the financial industry, selling as a science, selling the benefits (not the features), closing sales, attitude, technique as well as the 10% secret, which is not. Improve your sales 10% per year and like compound interest you will outperform the industry and last long-term.
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Now it could seem that this flies in the face of the American Dream which says you have to have to own your special car, home and facets are handled that is a prerequisite regarding your happy and successful everyday life. Now we are not speaking about not eliminating debt on those characteristics. It’s great to be debt free. You just don’t to be able to own those items in your name because if you technically don’t own the assets, but merely control them, then the assets are protected, and you still have the utilization of them. You see, you don’t need ownership. Ownership is a liability. What you desire is utilisation of the assets. Actually it was John J. Rockefeller who summed up this philosophy when he said “Own nothing and control everything that.” So to really start to know the mindset around asset protection you need to think currently being a Rockefeller.
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