Between now and 2019, the U.S. economy and markets will face the perfect storm.
Fear not – renowned financial analyst Harry S. Dent has faith in WorldVentures, stating that the significance of recognizing a debt bubble that is about to burst will actually promote direct selling.
“Peer-to-peer marketing is the fastest-growing model and people are selling more to people who like the same product. Travel is one of the very best markets in the next two decades and will continue to grow. This is the best time to start a business, as entrepreneurial ventures increase during economic downturns,” Dent said.
Dent explained during a WorldVentures BootCamp event that the right time and place to begin direct selling is now.
Currently, there are three cycles for our economy and markets. Dent explains that we are clearly pointing towards the next great crash, but following right behind will be the next concerted boom.
While it may seem impossible to forecast long-term economic cycles, Dent has established three key “Macro Cycles” that, when are all positive, are a near-guaranteed boom. These three “Macro Cycles” include the spending wave, the geopolitical cycle and the innovation cycle.
The last time the three long-term cycles were all bullish together was between 1988 and 2000. While the economy is in a bearish cycle from now until around early 2020, the next larger bullish cycle will take place after that.
Dent figured this out by identifying the peak spending point of consumers, which is around age 46. When the U.S. birth index is lagged by 46 years, it’s possible to see when spending will increase.
Thus, there was a boom from 1983 to 2007 and, consequently, that is how Dent predicted the downturn from 2008 to 2020.
In sum, all three “Macro Cycles” will switch into boom mode at the same time, turning the perfect storm into sunny skies once again. And the result of a future bullish economy provides a seamless opportunity for WorldVentures to continue expanding.
Until then, Dent wants entrepreneurs to strongly consider network marketing opportunities, including WorldVentures which is positioned in the more bullish travel and leisure sector. Taking advantage of the current bearish economy means low-risk entry points with minimal costs, including branding and marketing support.
“Make the investment; train and motivate your team. Study from the top 1 percent of the company and follow their success. The time is now and you’re in the right industry and have all the tools you need for success,” Dent concluded.
WorldVentures is the leading international direct seller of vacation club memberships. WorldVentures is on a mission to help people achieve more fun, freedom and fulfillment in their lives, and to provide its members with premium vacations at reduced prices.
WorldVentures combines the power of the Internet with the strength of the direct-selling industry to market its DreamTrips Memberships. WorldVentures is a privately held company based in Plano, Texas, with active Representatives and members in 28 markets.