These concepts are fundamental to the way Chimorel operates. The two blue concepts are described in other sections. The five green concepts are discussed below. Resource Developers want to make most of these concepts “part of your DNA.”
Considering 0-4-0
A fundamental concept
As Warren designed and operated a variety of programs, some worked better than others. Analysis of the programs that worked best suggested the results were dramatically better when the client was directly responsible for at least part of the benefits received. Not everybody has the ability to pay the full cost of all the benefits they might receive. That’s ok. If a client made a genuine commitment to do what is realistic, the results were consistently better. Not everybody is willing to pay for the benefits received, whether or not they could afford the full costs. That’s not ok. The results were usually terrible.
Decision: Considering that resources are always limited,
let’s wait until the client has the mindset and is ready
to pay his or her cost.
“Nothing comes for free.” You will run into this unique philosophy throughout Chimorel’s website. One way to look at this philosophy is: As we support you, we will ask you to support others.
We will offer your nonprofit additional sources of funding and ways to serve your clients. We will offer referrals and a strong retention program to your college/training program or your new business.
Unique | Resource Developer Viewpoint | Really Mean
As a government agency, foundation, or affiliate nonprofit group, we will design programs that coordinate with others to eliminate “the cracks” which many individuals fall through. We do not want to create ongoing failure experiences for those struggling to make their lives better. You, however, can create your own failure experience by the mindset you bring to the table.
As an individual we will offer ways to set & reality test goals, develop and implement action plans, and provide support when you need it. As a business we will offer ways to strengthen your employees, enhance your bottom line, solve a variety of problems and grow your company.
If we do these things to support you, is it fair to ask you to refer clients to our program, to join us in fund raising events, to work together to create success for our mutual clients, to buy advertising or sponsorships through our cooperative advertising program and to develop creative strategies together that truly leaves no one behind.
0-4-0 is a Unique Vital Concept !!!
You may have already begun to encounter 0-4-0. When you do certain things on this website, doors to other opportunities open for you.
But let’s dig deeper now. When people accept handouts from the government and others, instead of earning what they get, it affects them profoundly. Maybe it limits their vision of what is possible. Maybe they learn to live with meager handouts, rather than going for the gusto.
Whatever it is that happens when I settle for the little you give me, I lose the overwhelming abundance I could have had. This unique concept has a vital impact on our economy and the lives of our citizens. We ask you to think about this impact and work with us to make a real difference in peoples lives.
0-4-0 From a Resource Developer Viewpoint
Chimorel employs Resource Developers to develop the resources needed to change peoples lives. We hope you become a Resource Developer someday and write the following from that perspective.
As a Resource Developer you provide services to clients. Not every client will have the money, so you will teach them to fish. You will become more productive and increase your earnings. You will explore the many facets of our 0-4-0 philosophy. You volunteer time to learn about Chimorel and will learn about yourself, as well. You will train at 50% compensation, which provides resources to your Manager who trains you. You will have questions. Your Manager will answer your questions. As you train others, you will answer their questions.
Think about the farmer planting seed or the fisherman baiting a hook. You will invest time at the start to make your life and the lives of others better. Then you are entitled to the rewards you earn.
To bring Chimorel’s 0-4-0 philosophy into focus, let’s assume that you want certain benefits and services like ongoing training, scholarships, a computer, software, financial planning or other things which Chimorel provides to its staff and clients. You apply to one of four Distribution Committees to request these benefits and services. The Distribution Committee then sets certain criteria. When you meet the criteria you receive the benefit or service. You could, for example raise $4000 and receive a $2000 scholarship. You can do this while you are a volunteer.
As you train other Resource Developers, you will spend time enabling them learn about Chimorel, strengthening their motivation and organizational skills and teaching them marketing techniques. Before you and those you train are eligible to move from a volunteer to training status, each of you makes certain commitments regarding time, training, involvement and your goals. You also decide what compensation you are seeking and learn how to follow up. As a volunteer and as a trainee you are expected to develop at least ten new members or clients. Part of the funds generated from your effort covers your training program. Is 0-4-0 beginning to make a little sense?
What Does 0-4-0 Really Mean?
By now you know that 0-4-0 means “nothing comes for free.” You may also be aware that 0-4-0 means “if you want it, work for it.” You may not completely understand that 0-4-0 means “when you get something, you give up something.” The reverse can also be true, “when you give up something, you get something.” This can be a good thing, but sometimes it is not a good thing. Let’s explore some examples.
We already thought about welfare. If you need assistance, welfare is at first a good thing. But as your meager check keeps coming, month after month, year after year, even generation after generation, you can give up something that is very important. Little by little you can give up small pieces of your self-respect. As each monthly check arrives, perhaps you loose the fire inside that pushes you to do great things. Maybe this is not a good thing.
There is also something called Corporate Welfare. Let’s not spend a lot of time talking about $200 hammers, cost overruns and other forms of government waste. Let’s just say that when our tax dollars are not spent judiciously, it is not a good thing. When a large company gets a lot and gives little, there may not be enough for someone else who is really struggling.
You don’t have to be poor or wasting tax dollars to give up something valuable. Your parents could be wealthy and willing to give you lots of things you don’t earn. Or …
… maybe you get the candy bar or toy just because your parents don’t want to hear you cry. Or …
… maybe you get a multi-million dollar pay package from a large company that is loosing money.
When what you get is not based on a fair exchange for what you do, you learn something you shouldn’t learn and maybe someone else gets much less than they deserve.
When you are paid well for doing a great job, you feel good about it and your company is probably growing because of your efforts. Maybe you’re not the smartest kid in class, but you work hard, get good grades and get the scholarship. You ask politely, mom buys the treat because you did what she asked. Your dad is president of the company, but you start in the mail room. Maybe, these are good things?
It is not all about money, either. Maybe you spend your time partying and your grades suffer. Maybe you help someone and get a really good feeling inside. Maybe you love someone who loves you back. Life doesn’t always work this way, but when it does, it has a lot to do with what 0-4-0 really means.
Everything Takes Resources
A Second fundamental concept
Everything you want takes some resource (frequently money). So part of achieving your goals will involve learning how to earn or develop the resources required. Is it possible that this is where the job title Resource Developer comes from?
There is a profit side and a nonprofit side to developing resources. If companies and individuals don’t earn more than they spend, there is no profit to share with nonprofit groups.
So if you want something which take resources, it might be a good idea to include in your action plan ways to develop the resources you need to achieve your goal. This basic concept is the essence of what Chimorel does. Over time you will have opportunities to explore more than 2000 dynamic strategies we offer.
Resources may include money, time, energy and Sources of Strength outside of your direct control. We would very much like to support you as you develop all of your resources.
So What is Unique About That?
I don’t know, maybe nothing. What is important is to realize that the resources to support people don’t just magically appear. Developing these resources takes real work.
Did you catch the fact that we have more than 2000 strategies to support you. You will discover many of them on this website, but they won’t be listed as 124 or 359. You will have to pay attention to what you read. Did we just drop a gold nugget strategy on you? Did you pick it up?
Every once in a while a new light will dawn and you will have picked up one of those gemstones. When you begin our Success Journey, you will have far more than 100 of these dynamic strategies handed to you on a silver platter.
Did you catch the statement, “Resources may include money, time, energy and sources of strength outside of your direct control. Once again, we would very much like to support you as you develop all of your resources.
The information below is part of our Resource Developer training. You may have gotten to this section from this training or you may have been learning about our concepts. In either case, feel free to go back to the Resource Developer training to learn more after you understand the concepts below.
Resource Development 101
As an individual you want to earn enough to have the things you need and probably some extra things you want. As an entrepreneur with a business idea, you will want to raise enough to survive for 1-2 years, while your business becomes self-sustaining. As a nonprofit entity, you will need to raise funds (develop resources) to make your organization viable.
To earn a decent living, you get a job, start a business, or have a rich relative. More of these obvious options will be scattered all through your exploration of our website and with other opportunities available through Chimorel.
To raise big bucks for a business idea you may eventually need an investment banker or stock brokerage firm. If you are not ready to pay the costs to raise big money, you can learn about many alternative strategies at Chimorel.
To raise money for a nonprofit organization you need a strong Board of Directors. The people who will ask for money need to really believe in your cause. Your clients should participate in paying for the benefits they receive. If you are interested, Chimorel can teach you a number of strategies to put funding your organization on a stable basis.
Resource Development 102
The Profit Side
On the profit side there are investors and those seeking capital. If you are seeking capital it is a good idea to learn about analyzing investments. If you want to raise money, you must understand that people who have money to invest aren’t likely to give it to you until you meet their expectations.
As you have undoubtedly heard, “It takes money to make money.” Most new ventures need to raise money to develop and expand and may pay as much as 20% to a broker or investment banker to help them find the capital they need. Once a business is operating successfully, a venture capitalist may provide expansion capital and will expect to earn a 20 to 40%+ return. Chimorel investment opportunities typically offer 12-20% annual returns over a 2-3 year time frame. Investment bankers will take a going business public for a 7-12% commission with an equity interest sweetner.
All of this suggests that there is money to be made if you are a financial services firm or an investor that already knows how to raise/invest money. If you don’t know how to raise significant sums, start small, set achievable goals, develop action plans and implement those plans consistently. The best way to raise the capital you need is from your clients, first by making sales and perhaps in other ways we can teach you.
Should you decide to go to others for capital or for investment advice, there is a major caution a novice (maybe even an experienced investor or entrepreneur) needs to know. Your broker makes his/her living by executing transactions. The advice you get and the amount you raise can be influenced by this fact.
As a stock broker, Warren has enabled people to invest millions of dollars. Here are a few examples he witnessed.
- Before forming his own firm, Warren was a top broker at a local brokerage firm. One day after his clients had “doubled their money” in an investment, he went to the boss to negotiate a deal. Warren got his investors out at $2/sh. They had originally invested $1/sh. Less than one minute later a novice broker was given a $1.50/sh price for the same stock. Did the “market” really drop 25% in less than 60 seconds?
- Warren’s first transaction was for $5000 in rare coins that came back appraised at $2000. He got all of his client’s money back, ate his commissions and some other expenses and went looking for another firm.
- A broker Warren worked with loved to call doctors. The broker would sell the doctors IRBs (industrial revenue bonds) for nursing homes, clinics, etc. that paid 12-15% tax free. For a year or two investors made good money. Then many times conditions changed, the interest stopped and the value of the bonds dropped to less than 50% of the original investment.
- At the same firm Warren helped take another company public at $5/sh. The market for this stock has never gone above $5/sh. At the victory celebration Warren sat next to the company president. As a result of their conversation, Warren became concerned regarding the crisis management and strategic planning skills of the president. Warren was able to get some of his clients out at almost $5/sh, but not all of them. The stock now trades at less than 25 cents/sh. Once again this stock never went above $5/sh.
- Do you remember JD Ritzi’s? Several firms Warren was not associated with took it public. It was a good story for a while. The stock doubled, maybe even tripled. The company never made money, the stock plunged and we haven’t seen very many stores around lately.
- After talking to a client that sold Apple Computers about Apple’s marketing techniques Warren decided to study the company and became convinced it had the potential to double in value. He sold Apple computer to several of his clients at $14/sh. The price dropped to $12/sh and he got a lot of calls. It rose to about $36/sh and he got his clients out. Then it went to $60/sh and he got more calls. And today Apple is one of the largest companies in the world, trading far beyond $60/sh.
The obvious point is that a broker earns his/her money by executing transactions. The broker may be concerned about his/her clients and willing to do a reasonable job of research, but he/she doesn’t have time to be sure you always make the best investment decisions and many factors in the rise and fall of a stock are beyond even the best broker’s control. In the end you are responsible for the investment decisions you make. If you decide on tips and rumors, the odds are high that you will loose money. If you decide on the basis of fundamentals that you’ve researched and understand, your odds for success improve dramatically. And if you need to raise money through a broker for your own business, never forget your investors deserve a decent return on their money.
Resource Developer 103
The Nonprofit Side
In fund raising on the nonprofit side there is a cause and there must be people willing to support the cause. As Warren studied nonprofit fund raising, he learned that there were significant differences between profit and nonprofit fund raising. Here’s what he discovered:
- Raising money for a nonprofit group is very different from raising capital for a business venture. Investors seek a return on their investment that they can spend or reinvest. The investment decision needs to be based on careful analysis of a company’s prospects and management competence, detached from irrational exuberance with its conflicting emotions of fear and greed.
- Donors, on the other hand, give because of their belief in the cause. They are inspired by charitable motivations, a desire to support others and concerns about wrongs that need to be right. You should also analyze your donation decision, but emotion is a legitimate part of a charitable contribution. Your expected return is most likely the good that is done, not your ability to spend your earnings. Through a Charitable Remainder Trust it is possible to feel good about your investment and to receive an ongoing stream of income.
- Raising money for a nonprofit group is an inspirational process that starts from leaders who believe in the cause and flows through people who ask for your support, touch your heart and offer you a meaningful reason to give generously.
- Chimorel also believes that a significant part of the support for a nonprofit group must come from those who will receive the benefits. You will learn more about this 0-4-0 philosophy as you continue to explore this website.
Yes, nonprofit organizations need to raise money too! The donations you make may be motivated by a variety of different factors including your emotions. Nevertheless, it is still a good idea to research and understand the fundamentals. What is the constituent population being served? What problem is actually being solved? Are the clients “given a fish or are they taught to fish?” Do the recipients grovel for “welfare” or do they learn to earn what they receive? How much of a commitment do they have to make to qualify for the benefits they accept? Can they learn to manage their limited resources and make those resources grow or do they tear up their Section 8 housing and expect taxpayers to fix it for them?
And how about corporate welfare that earns $200 for a hammer or receives consistent cost overruns on every construction project? Government assistance can become the “worst” form of charity in some cases.
Chimorel started out serving delinquents and pre-delinquents. We got a federal grant, ran a residential treatment center which eventually became an accredited institution. When the grant ran out we started a work training program for inner city kids and renovated several inner city properties.
Warren left the Ohio Youth Commission and developed a financial planning practice. Over time Chimorel’s focus changed from working with delinquents to supporting people as they achieved their personal and financial goals.
From Chimorel’s beginning Warren has worked with thousands of people – clients, students, seminar attendees and others. He has individually counseled several thousand people. As a broker he managed a $15+ million portfolio. As a consultant he managed a multi billion portfolio for a major national bank. He has assisted more than 1000 people to find jobs.
He watched people achieve their financial goals and develop the money to solve other problems. Once again he became convinced that the results lasted longer when someone paid for the service received.
Resource Development 104
Another Nonprofit Side
Then after making good money as a stockbroker and financial planner, Warren let his social work side out. Below is just one story about one client that didn’t pay for what she got.
Karen’s Story
Karen came in one day, more than $700 overdrawn in her checking account. She had been writing checks to cover bounced checks and had accumulated almost $300 in overdrawn account fees. Her landlord was in the process of evicting her. After some scolding, we put together a budget. She and her husband both worked. The bank agreed to drop the fees. I put in over 15 hours working with her and improved her condition more than $3000.
We had agreed on a $250 initial fee, plus commissions from future transactions. She was in a less expensive, nicer house and despite a number of outstanding bills was thinking about saving money. Then she started talking about bankruptcy. Her attorney got $500+. I got a discharge letter and lost a client.
At the time Warren didn’t realize he was conducting a not for profit venture, but obviously 0-4-0 needed to be more than just a concept. Karen wasn’t the only person who didn’t pay for the services provided. Her immediate crisis, without a commitment to a long term program, was fairly typical. Warren’s income dropped from $6000/mo to $200/mo and he needed to take some of his own advice without delay.
That was when he started teaching college. He kept working with people on a limited scale. He also began spending a lot of time developing concepts. The nonprofit side needed to be supported by more than just fees, but at that time he was reluctant to ask people for donations and hadn’t studied nonprofit fund raising yet.
It was around this time when he developed the idea of the Client Assistance Fund. In future exploration you will learn more about this fund.
Warren learned a very important lesson about supporting people. Much of Chimorel’s effort continues to be enabling people to achieve their financial goals. However, now we expect a long term commitment before getting significantly involved.
We provide a lot of free information on this website. And we wait until you make real commitments of time and money before you work directly with a real person. You may hear Warren say, “I won’t chase you. If you want it call me.” Is 0-4-0 beginning to make sense?
A third fundamental concept
Scroll to learn
The information below is part of our Resource Developer training. Feel free to go back to the Resource Developer training to learn more, whether you got here from either the Concepts or the Resource Developer sections.
As a Resource Developer you are not a Financial Planner. Please don’t pretend to have skills you are just learning. The information in this section is very basic, but it will allow you to be supportive. Supportive means listen and suggest areas of our website to learn more. This information is not comprehensive. It will trigger the kind of thinking that will support you and the clients you work with.
Again, everything you want takes money (or some tangible resource). A significant part of achieving your goals will involve learning how to earn or develop the resources required. This is where the job title Resource Developer comes from? There is a profit side and a nonprofit side to developing resources (raising money). If companies and individuals don’t earn more than they spend, there is no profit to share with nonprofit groups.
Financial Planning 101
Did you ever notice how people pay more attention when you start talking about money, especially if it is theirs? After 14 years as a social worker, the difference to Warren was dramatic. As Chimorel’s focus changed, we uncovered more than 2000 strategies to support individuals, businesses and nonprofit groups as they achieve their financial objectives. You will be exposed to many of these strategies throughout your exploration of this website, as you become a member, as you acquire information and eventually our CDs, and as you complete various training modules. Some concepts will grab your attention boldly. Others will sneak up on you as you think about what you are reading. In other areas of this website, you will learn about Comprehensive Financial Planning, Step by Step Financial Planning and our unique 735 Plan. Below we ask questions you may want to be thinking about.
Do you have an adequate retirement plan? … enough life insurance? … disability coverage? … a will? … supplemental coverage to cover serious accidents and illnesses? … a good education? Do you understand risk management? … estate planning? … asset allocation? … long term care? Do you like your job? Does it pay adequately? Are you thinking about starting your own business? Do you like to travel? Do you want to build the house of your dreams or remodel your current house? Have you reduced or eliminated your potential estate taxes? Have you made charitable contributions a part of your planning? Do you know why you should?
As you achieve your income goals, you develop the resources to pay for things you need and want. If you get a good education, your ability to earn and pay for these things improves. Now if nothing comes for free and we help you get a good education, is it fair to ask, “What are you going to do?” If we help your business improve sales, reduce costs or get growth financing, is it fair to ask you to hire some of our motivated clients seeking to improve their lives? Let us give you a brief example of how we see this working as we begin to broaden our base of clients, resources and sponsors.
You run a business and one day a Chimorel affiliate sends you a letter offering you a Sensible Employee Enhancement Program designed to build loyalty among your employees. You enroll in the program and someone earns some money, part of which may be donated to Chimorel. Later an affiliate helps you manage your pension plan or we help you develop a business plan to obtain additional capital or strengthen your marketing plans. When you or some of your employees want to build a house or a new building for your business, we show you how to build and save 15-50+% in the process. We offer you investment opportunities periodically, which provide additional employment options for our clients, as well as, 8-20% potential returns to you. Are you beginning to get a little bit of a picture about how financial planning works at Chimorel?
As all of these things happen, the profit members of The Chimorel Group and Chimorel affiliates are making money, just like any other profit organization does. There is one important difference, however. To be a member of The Chimorel Group, a profit organization and many of our affiliates donate perhaps 10% of its profits to or pays for services and products from Chimorel Services Inc. and other “qualified” nonprofit affiliates. Affiliate financial planning firms do not have to be a member of The Chimorel Group to work with us, but they do have to demonstrate a willingness to work within our concepts with a commitment to a high level of integrity.
“Nothing comes for free.” As we see it, one way to make sure there is money to pay for programs to support people is to first enable profit firms make money, then ask these firms to hire people, make donations or pay for services which support the cause.
Within the Chimorel group are profit and nonprofit entities which provide services, create jobs and develop business opportunities. The profit entities pay taxes and take over profitable operations, which would be inappropriate for a nonprofit corporation. By making donations, as well as, by buying services and things like donated computers from the nonprofit corporation, the profit organizations provide a source of support. And these sources of support enable Chimorel and affiliated nonprofit groups to provide services to those in need.
We suspect that this is a slightly different way to look at financial planning. As a Resource Developer you need to tune into this concept, because this is a significant source of the funds your clients will need.
Caution: We are not describing a quid pro quo situation. Instead you support a for profit and you ask for their support. Services, or more likely, Group may charge a fee. There should not be a trade of equal or expected value. That is a taxable event and potentially unethical. When you support someone, you have a right to ask for support in return. Sometimes our for profit will barter, receive an affiliate fee or enter into another perfectly legal transaction, then make a donation to Services. At other times, we will just ask for a donation.
Step by Step Financial Planning
Step By Step Financial Planning and Comprehensive Financial Planning are explored in Module 4 – Higher Level Memberships. Step by Step Financial Planning is part of our 735 Plan Lifetime membership. Although this level is beyond Basic Finances, you may want to explore this training to be prepared for more advanced level discussions.
Financial Planning Tip 1
In order to get what you want in life, you probably ought to work for it.
Perhaps our first Financial Planning Tip is not a surprise. You really do need to learn to work for what you want. Is it possible that many of the people supported by taxpayers might have a little trouble with this one?
Learning to raise money for either a profit venture or a nonprofit cause is not something you do overnight. Take time and work with others to gain experience. Chimorel can support you to gain this experience.
In this Financial Planning Tip we are throwing a lot of what may appear to be disparate ideas your way, but if you reflect a little they are really tied together.
Recognizing that you need to work for what you get, takes into consideration that you are better off taking the time to learn how to raise money on either the profit or nonprofit side.
Expecting you to pay the cost of the support you receive, teaches you to fish. All of this ties together when you think about it.
You probably want to work with others to gain experience and develop a base of support. Here’s what Warren did:
“As a client you’ll pay most or more than the cost of supporting you.”
What Warren Did
“I went back to school, got an MBA, and while still working as a Treatment Team Coordinator became a stock broker, insurance agent and Certified Financial Planner. It took a while, but I eventually became top registered rep for a local broker, then branch manager for another broker and went on to form my own firm, Amerivestor Associates Inc. I also supported a few nonprofit organizations to write grants and develop fund raising plans. In the process I developed a number of strategies any nonprofit could use to become self-sustaining.
“Most of my efforts began to focus on supporting individuals, businesses and nonprofit groups to set goals and develop action plans to achieve their financial goals. As a Certified Financial Planner and stock broker I made pretty good money for a while, executing transactions and billing my time at $150/hr more or less depending on the client. I also volunteered a lot of time, probably a little to much time. On the other hand there is an empowering satisfaction that comes from supporting others.”
Where do the $$$ come from?
Most of Chimorel’s programs are structured so that the client will more than pay for the costs involved. But there are going to be times when it will be impossible for someone to cover the entire cost of a hospital bill or some other real need.
You have probably noticed, by now, how many times we use the phrase “support others.” This supporting others takes many forms. When you buy merchandise through the Buy Stuff and Scrip programs, you generate a little money for Chimorel. You can use your Recommendation Privilege to cover your costs and to support others. Profit organizations affiliated with Chimorel Group LLC donate money and buy things, which provide additional resources.
Your Recommendation Privilege provides 50% of funds generated to a specific committee. You can apply to this committee for a Special Project to solve a problem or achieve a goal. Chimorel’s Board decides which committees which will receive another 43%. Approximately 7% is allocated to administrative costs.
Perhaps the best source to meet a need for someone who cannot pay the entire cost of a needed service is to bring the matter to the attention of people like you and give you many ways to get involved to support your friends.
Financial Planning Tip 2
You want a decent return on the money you invest. But if you aren’t willing to review your investment decisions on a frequent, regular basis, you will probably lose money in the long run.
You probably know this FP Tip also. Do you suspect that people who keep losing money in the market might not take it seriously? Ultimately you, not your broker, must be responsible for your money. If your broker tells you he never lost money for a client, you know he is inexperienced or worse, dishonest.
This tip ties into our Resource Development 102 discussion. Here is a brief recap. If you don’t know how to raise significant sums, you may need to start small, set achievable goals, develop action plans and implement those plans consistently.
Notice that is could have slipped by you without your noticing it. Much of your training will happen like this. Our Questions in the Resource Developer Training will help uncover some of these little gems, but you will want to read carefully.
As a Resource Developer, when someone says to you they need to develop capital for their business, one of your responses might be to say, “You may need to start small, set achievable goals, develop action plans and implement those plans consistently.”
“If your broker never lost money, you know
he is inexperienced or worse dishonest..
These seemingly disparate comments tie together also. Recognize that losing money is personal. You must pay attention to avoid losing money. Potential investor will be using a similar strategy. By starting small and achieving goals you prove your reliability.
Financial Planning Tip 3
Financial planning must be a long term,
ongoing process to be successful.
If you are not yet working from some consistent, well thought out plan for your financial future, you need to begin the process soon.
This tip ties into our Who does the Work discussion, as well as, our Step by Step Financial Planning. You may also want to return to Karen’s story under Resources Development 104 to put relevant context to these statements
“Her attorney got $500. I got a discharge letter.”
Supporting your neighbor is part of our DNA
Who or what is your Source? This question could lead to a religious encounter. It could give you a reason to ask Christ into your life. You could be influenced by the teaching of Muhammad, Buddha or Bahá’u’lláh or another spiritual leader. You could focus on education, money, sports, your family, God, or something else that is the most important thing in your life.
When everything in your life is crumbling, where do you go to find the strength you need? Let us suggest, deep within you is something resilient, something powerful enough to overcome any problem or achieve any goal. If you search for this Something, you will find it. This is your Source.
Whenever you are ready, we will share our Sources with you. Our first Source might be called a Universal Mindset, God or Something else. Our second source might be called relationships, networking or something else. These two sources are powerful, they are related and they are real.
What Does the C in Chimorel Stand For?
Riches vs Wealth
Click the links above. Explore. Learn. Be open to the possibilities.
Hope
Life is tough. Do you choose optimism or hope? Optimism is seeing the glass as half full. Hope is seeing the glass, then “knowing” you must work to make it full and overflowing despite the fact that something keeps draining it.
Let us invite you to begin your Success Journey by asking you a simple, profound question. What is your WHY? When you click this link, you can register and confirm to begin our Success Journey. You can explore your own why by asking a few questions. You can read Warren’s Why. You can also link with Warren on a variety of websites.
Hope is powerful. Learn to use the power of hope to make your life better. Then reach out to help others. Together we can bring hope to the world and make a few lives better because we can. When you become a cash paid Action Planner, one of your benefits is Create a Chimorel Project. You can Become a Member now and you can begin your Success Journey today.
Who Does the Work?
Think about it for a minute. How many times does it happen? You do most of the work and the owner/manager of your company makes most of the money? Now if someone takes the risks to start a business, invest personal money and develops the business into a profitable venture, that person absolutely deserves to make money on your effort. But when greed keeps your earnings low instead of teaching you entrepreneurial skills, both you and the owner receive less. You don’t learn entrepreneurial skills to generate more and the proprietor makes less because you’re not motivated to create greater revenue.
How many large businesses lose money while the CEO receives a multi-million salary or gets an astronomical golden parachute? Once again, the worker bees receive less. Maybe the company goes out of business or limps along for years. Truly profitable businesses reward their employees and teach them to be entrepreneurial.
The entrepreneurial spirit is alive and well at Chimorel. Each program, each membership, everything we do consists of component parts. The person who does a specific job gets the pay for doing that job.
Generally, our component parts consist of Administration, Marketing, Program, Technical and Supervision. Depending on the tasks involved the percent allocated to each part may vary within a clear range. You are rewarded for what you do. You can negotiate, but greed which diminishes another’s entrepreneurial spirit is a terminal offense, based on our mutual sense of integrity.
