Showing posts with label FREE-ENTERPRISE. Show all posts
Showing posts with label FREE-ENTERPRISE. Show all posts

Friday, May 1, 2009

Amway Co-Founder Rich DeVos Knows Power of Positivity in Tough Times

If life came down to a jump shot at the buzzer, Rich DeVos would be taking it from well outside the 3-point line.

The Amway Corp. co-founder and owner of the NBA’s Orlando Magic rarely does anything in a small way. His unbending faith and knack for finding the motivational bright spot in even the darkest of moments turned this gritty World War II veteran into a leading businessman, philanthropist, and motivational speaker. [Editor's Note: See the full Rich DeVos interview by going here now]

Since starting selling vitamins in 1959 with his partner, Jay Van Andel,he has become one of the wealthiest men in the world (Forbes tallied his net worth at $3.5 billion in 2007). His Amway empire, and parent company Alticor, spans 40 countries and generated more than $7 billion in revenues in 2007. Clearly, DeVos, 83, likes challenges. He’s not only an evangelist for his Christian faith but also for his country and its free-enterprise system.

Instead of hitting the golf links or sailing aboard his yacht, DeVos penned a new book, "Ten Powerful Phrases for Positive People," which he says offers positive medicine for Americans during tough economic times. His phrases offer more than platitudes, he says. They are powerful thoughts that can change readers' lives.

He recently sat down with Newsmax.TV’s Ashley Martella to talk about his life’s work, his beloved basketball team, and his fervent hope that even those most negatively affected by the troubled economy can find hope in our great nation’s shared values. Asked the best advice for those struggling with lost jobs and a rough economy, DeVos stays decidedly upbeat.

“You are going to do just fine,” DeVos says he tells folks. “The Lord has a way of working in our lives, and sometimes he brings us down low to bring new values back to our life. A lot of the people who are unemployed today are going to take lower-level jobs, but because they have value and worth, they are going to rise very quickly. As we recover, there is going to be great need for these people and they are going find themselves in a new and better position.”

DeVos says the timing of his book is perfect, although unintentional, given today's economic circumstances.

“Don’t forget that when we started Amway, which is exactly 50 years ago, it is when Castro took over Cuba,” DeVos tells Newsmax. “It was when Russia was on the move around the world. They were establishing bases in Africa and other parts of the world and the word was that socialism was the wave of the future, if not communism.

“We decided to become a champion for free enterprise and extol its virtues when the world was beginning to question it. That’s why this book is appropriate for this time.”

Ultimately, he says, success comes down to faith: “Faith is my foundation because you work on a faith basis that you believe God has his hand on you. As business moves forward, you realize that God has his hand on the whole business and that he brought people to you who are like-minded. It starts with faith.”

DeVos, who relishes his role as owner of the Orlando Magic, tells Newsmax.TV’s Martella that he takes tat faith-based positivity right onto the court with his players.

“I have a wonderful relationship with my players,” he says. “I am always amazed at how many guys in the NBA have never met an owner much less ever been to an owner’s house. We bought the team so that we would be able to be a positive force, so that they in turn would be a positive force to young people everywhere. “

Editor's Notes:

  • See the full Rich DeVos interview by going here now.]
  • Get your copy of Rich DeVos' new book, "Ten Powerful Phrases for Positive People" - Go Here.  -  In this most inspirational and compelling interview, Richard DeVos, who became a billionaire through faith, hard work and perseverance tells Newsmax TV how his father never gave up hope during the Great Depression even though his dad was unemployed for three years. He explains how that inspired him to start a small company he and his partner called Amway 50 years ago. He has encouraging words for victims of the current economic crisis and as a World War II veteran, for our troops in Iraq and Afghanistan. He also reveals how he's no stranger to the players of the NBA basketball team he owns.

    Source:  Newsmax


  • The Real Culture War Is Over Capitalism

    Tea parties, 'ethical populism,' and the moral case against redistribution.

    • There is a major cultural schism developing in America. But it's not over abortion, same-sex marriage or home schooling, as important as these issues are. The new divide centers on free enterprise -- the principle at the core of American culture.

    Despite President Barack Obama's early personal popularity, we can see the beginnings of this schism in the "tea parties" that have sprung up around the country. In these grass-roots protests, hundreds of thousands of ordinary Americans have joined together to make public their opposition to government deficits, unaccountable bureaucratic power, and a sense that the government is too willing to prop up those who engaged in corporate malfeasance and mortgage fraud.

    The data support the protesters' concerns. In a publication with the ironic title, "A New Era of Responsibility," the president's budget office reveals average deficits of 4.7% in the five years after this recession is over. The Congressional Budget Office predicts $9.3 trillion in new debt over the coming decade.

    And what investments justify our leaving this gargantuan bill for our children and grandchildren to pay? Absurdities, in the view of many -- from bailing out General Motors and the United Auto Workers to building an environmentally friendly Frisbee golf course in Austin, Texas. On behalf of corporate welfare, political largess and powerful special interests, government spending will grow continuously in the coming years as a percentage of the economy -- as will tax collections.

    Still, the tea parties are not based on the cold wonkery of budget data. They are based on an "ethical populism." The protesters are homeowners who didn't walk away from their mortgages, small business owners who don't want corporate welfare and bankers who kept their heads during the frenzy and don't need bailouts. They were the people who were doing the important things right -- and who are now watching elected politicians reward those who did the important things wrong.

    Voices in the media, academia, and the government will dismiss this ethical populism as a fringe movement -- maybe even dangerous extremism. In truth, free markets, limited government, and entrepreneurship are still a majoritarian taste. In March 2009, the Pew Research Center asked people if we are better off "in a free market economy even though there may be severe ups and downs from time to time." Fully 70% agreed, versus 20% who disagreed.

    Free enterprise is culturally mainstream, for the moment. Asked in a Rasmussen poll conducted this month to choose the better system between capitalism and socialism, 13% of respondents over 40 chose socialism. For those under 30, this percentage rose to 33%. (Republicans were 11 times more likely to prefer capitalism than socialism; Democrats were almost evenly split between the two systems.)

    The government has been abetting this trend for years by exempting an increasing number of Americans from federal taxation. My colleague Adam Lerrick showed in these pages last year that the percentage of American adults who have no federal income-tax liability will rise to 49% from 40% under Mr. Obama's tax plan. Another 11% will pay less than 5% of their income in federal income taxes and less than $1,000 in total.

    To put a modern twist on the old axiom, a man who is not a socialist at 20 has no heart; a man who is still a socialist at 40 either has no head, or pays no taxes. Social Democrats are working to create a society where the majority are net recipients of the "sharing economy." They are fighting a culture war of attrition with economic tools. Defenders of capitalism risk getting caught flat-footed with increasingly antiquated arguments that free enterprise is a Main Street pocketbook issue. Progressives are working relentlessly to see that it is not.

    Advocates of free enterprise must learn from the growing grass-roots protests, and make the moral case for freedom and entrepreneurship. They have to declare that it is a moral issue to confiscate more income from the minority simply because the government can. It's also a moral issue to lower the rewards for entrepreneurial success, and to spend what we don't have without regard for our children's future.

    Enterprise defenders also have to define "fairness" as protecting merit and freedom. This is more intuitively appealing to Americans than anything involving forced redistribution. Take public attitudes toward the estate tax, which only a few (who leave estates in the millions of dollars) will ever pay, but which two-thirds of Americans believe is "not fair at all," according to a 2009 Harris poll. Millions of ordinary citizens believe it is unfair for the government to be predatory -- even if the prey are wealthy.

    Political strategy aside, intellectual organizations like my own have a constructive role in the coming cultural conflict. As policymakers offer a redistributionist future to a fearful nation and a new culture war simmers, we must respond with tangible, enterprise-oriented policy alternatives. For example, it is not enough to point out that nationalized health care will make going to the doctor about as much fun as a trip to the department of motor vehicles. We need to offer specific, market-based reform solutions.

    This is an exhilarating time for proponents of freedom and individual opportunity. The last several years have brought malaise, in which the "conservative" politicians in power paid little more than lip service to free enterprise. Today, as in the late 1970s, we have an administration, Congress and media-academic complex openly working to change American culture in ways that most mainstream Americans will not like. Like the Carter era, this adversity offers the first opportunity in years for true cultural renewal.

    Mr. Brooks is president of the American Enterprise Institute.

    Source:  Wall Street Journal