
Ken Nielson hosting Count on the Truth stories with Peter Mingils
About this episode
Get every episode summarized
Each time Building Fortunes Radio with Peter Mingils publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
Transcript ready
858 searchable segments. Every word is indexed and playable.
Full transcript
Building Fortunes Radio with Peter Mingils — Ken Nielson hosting Count on the Truth stories with Peter Mingils. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Welcome to Building Fortunes Radio. Make sure you check us out at BuildingFortunesRadio.com. Along with Kisk, our keep it simple circle marketing partners, we are here to help our UMungus AM and UMungus FM radio customers build their businesses and make the world a better place. At Building Fortunes Radio, we know how much your business means to you and the people important to you. So join us to make the world a better place. Spread the word, tell a friend, and go make a difference in your world. Now onto our show with your host, Peter Mingles. Take it away, Peter. Hello, everyone. Peter Mingles here. You are listening to us on Building Fortunes Radio. It's www.BuildingFortunesRadio.com. This is a Tuesday night 830-ish, if you will, on the eastern side. 630 on the mountain side, and we are here every Tuesday. But the good friend of ours, his name is Ken Nielsen. Ken and I have known each other for decades. I feel like at least I think it's been way more than that.
And he's been a customer of ours on the PM marketing side for a long time. And when we were having a conversation a couple of years ago, relative to the state of the MLM industry, as far as the attitude and the environment, we were talking a little bit about how a lot of people want to build a company and want to make extra money and want to have all the benefits. But they're a little bit skeptical. You know, there's a lot of scammers out there. It seems like the internet itself has become one of those places where you have to proceed with caution. And we were building some websites at the time, and I showed them something that we were working on, and he said, I really like that. I think I could use something like that. Then we were also talking about how do we get the word out, and I told them we do the radio shows. So we kind of decided to do a radio show series, which has been a long lasting and a weekly radio show series, which we're listening to right now. But we needed a name. And the name was going to be tied in most likely to the domain name of whatever the website.
So he gave me a list of different domain names to take a listen to. And I looked at him, and many of them were really good, but there was one that caught my attention. And I couldn't get out of my head because the domain name, which is the name of this radio show, is count on the truth. So count on the truth.com is easy to spell. It kind of says it all when you're looking at it. And Ken's a good guy. So I said, Ken, when we do these radio shows, people will be able to hear you say some things, link some sentences together. I'll be able to do the same. And by extension, they're going to see that, you know what, you're a good guy, you're a hard worker, you get some good things going on. And if somebody's interested in building a home-based business, that's 80% of the work done. So he's found the right company, good compensation plan, lots of support. And we talk about different and various things to kind of generate interest and add to credibility and probably some education along the way. So Ken, thanks for being here on your own radio show. Hello, Peter. Hey, great to be connected again.
And hear your voice and get a chance to maybe throw some new information out there or maybe revisit some of the things we've talked about. But boy, we've covered a whole bunch of aspects of all the things associated maybe with the home business industry and some of the other things that are out there and tried to make a comparison to help people actually believe it's possible for them to take care of their financial freedom and their financial future. So many thanks for your inspiration. I'll leave it at that because I know you've got a lot of things that we say or price us when it comes to understanding this industry. So we'll go with that and kind of jump into some things. I thought it was kind of ironic that we have a program tonight. I tried to combine a whole bunch of things to get them in here in this short amount of time. But I don't think it's easy to forget about some of the stuff that's associated with history. And one of the things that are associated with history
on this particular day is back in 1959 on February 3rd. This was the day that the music died. And what I mean by that, there's a song called American Pie and I'm sure that you're familiar with that. I'm trying to remember McLean. Does that song ring a bell to you, Peter? I know the song. And I know the song. I'm probably familiar with the name. McLean sounds like it's part of it for sure. Yeah, Dom McLean, I think, is his first name. And I think so. I think you might be right. Okay. And so I was just kind of thinking about that because I know how the song goes. But I was kind of shocked at finding out, of course, the people that were involved with that tragic period of time because that's when there were three of the main singers that were killed in that airplane crash, of course, along with the pilot.
So, yeah, Dom McLean. And, of course, everybody, when they hear about it, they associate it in different ways. And I was just kind of looking at some of the information because I know that they had the people that died in that airplane crash was 22-year-old buddy Holly, 17-year-old Richie Valens, and 28-year-old JP Richardson, which is known, he was known as the Big Bopper, and these three artists died in airplane action in on February 3rd, 1959 near Clear Lake, Iowa, and their pilot Roger Peterson also perished in that crash. And so they had some different things that they associate with it and kind of how history went because it just, when it comes right down to it, it's amazing, and I'm tempted to get into it a little bit of it, but I'm afraid if I start getting into it all,
it takes so much time, or we won't get past what we need to talk about on some of the other things. But they were on tour, and they had played at a place called the Surfball Room in Clear Lake, and then they were on their way to a destination in Moorhead, Minnesota. And what happened is they were going to take a charter bus, I guess, because instead of taking the bus, they decided that they would fly on a plane instead. And believe it or not, they had swapped places with wailin' Jennings and some other people, and it's just crazy how it all played out because of this swap and the plane crash that those three artists perished. And so, of course, in Dom McLean's song, American Pie, he put that whole song together and talked about the history. It's kind of like listening to the Gordon Lightfoot
a thing about the tragic that happened with the boat on one of the great lakes. So... The Edmunds Fitzgerald. Perfect. Exactly, and we could go over that real quick too, but yeah, good stuff. You know, really good stuff. And I know that depending on which parts of the songs that you remember, of course, the tunes start to come back through your head, and you make sure you want to go listen to them because, you know, they really have some serious meaning to them. And I know part of this song with American Pie, I'll just give that real quick. It says, but February made me shiver with every paper I deliver. Bad news on the doorstep, I couldn't take one more step. I can't remember if I cried, but when I read about his widow bride, but something touched me deep inside the day the music died. So we had made a comment last week that we sometimes you know the more things change, the more things stay the same,
but we have to be... things have to catch our attention. We have to be kind of brought to the point of where we hear something or something makes sense or the light bulb comes on, and which the reason I say that is I think about Edison's discovery and how many times he tried at his invention to make the light bulb work. And of course everybody that knows that story say, well, he knows 10,000 ways of how to not make it work when he finally figured out what it was, what was the key to making the light bulb work the way that it does. So anyways, with all these inventions and all the things that happened, I just thought that was ironic that it was on February 3rd, 1959. Now how long ago was that? But I'm not sure how many people even think about that part of history. And I know you and I Peter, we associate that totally different than the newer generation associates with that. And we had talked about something that's very common last week,
which was Pampers. And so I wanted to bring up something that I think is very common today. And a couple of things is a matter of fact. And I'm not too sure, I'll just throw them both out there and see what you know about the history of swiffer, the swiffer. They picked me up quicker or whatever the commercial says there. And the microwave. How familiar are you with those two inventions? Well, I suddenly remember the microwaves. And I didn't really pay that much attention to the swiffer. Okay. I was in the vacuum cleaner business at that time. And having anything with a little bit of a cloth, we'd be across the floor thinking you'd clean in something was a little bit. I didn't agree with that. And it's punk. And I'm not big into chemicals. So I was scared, but totally separately. I remember when we got our first microwave,
the comments that I was making to my mom. I'm not eating that nuclear food. Haha. Yeah. Yeah. Well, and you know what's interesting, because that's when you think about it, and how everything has come together, there are certain priorities or certain aspects that do stick out more than others. And because of the information or the knowledge that we have, along with our experience, that's what makes us base our decisions upon those things. And so I bring those to you up, because I'm sure that cleaning, whether it's, you know, in the kitchen, or the living room, or wherever it is, reaching to different places where you need to clean things would make people think of, aha. Well, I've got some swiffer products, or I've got some products that are associated with trying to keep things dust free, or cleaning the certain places in the kitchen that are hard to get to, maybe with the swiffer. But I thought about that, and it seems like sometimes, when you get on the internet,
you're not sure how that information, or the history, is provided in the right context or the right way. So, maybe I'll be a little bit controversial here, but I wanted to bring up what I know about the swiffer, and I think it's a little bit different, because it seems like, that Procter and Gamble takes a lot of credit for some stuff, and maybe they should give a little more credit, and maybe some of the things that happened prior to the actual introduction of that particular product, if that makes sense. And most people think, aha, somebody had an idea, they tried some prototypes and boom, there it is, and it's ready to go. So, even before it got introduced in 1999 by Procter and Gamble, they were messing around with prototypes and like you had mentioned, Peter, chemicals. And I'm not sure how many chemicals were involved in that particular journey, but I know that they had started with it in 1994,
so five years just to get to the point where they even were going to introduce it. And I know when we were doing some of our, trying to get some things patented for what we were doing, it took them, that was five years from when they really started their idea. And I know for us it was, it was seven years before we got things to the point where we could pat in a couple of things that we were doing. And I just thought, boy, you know what? There's got to be an easier way to make some money than having to go through all of this. Well, some of it I called nonsense and some of it was just called being able to report back and some fact-finding and some things that you had to do before you could submit or know if there was anybody else that kind of had the same idea so that you weren't infringing upon their patents. And then of course you get into design patents and utility patents and the difference between them and all the crazy things that goes along with everything that's provided with that particular timeline
or the ability to get something to market and then being able to cover your basis so that people don't think you're just making stuff up or you're not keeping stuff within the guidelines, I guess, would be the best way to put it. And anyways, we talk about how some of these ideas came about. And so I'm just going to kind of bring this up. It might be a little bit controversial because I looked on the internet and I was kind of surprised that it didn't go into a little bit more depth than when I was able to find. But a gentleman who was in a trip over in Japan was told that there was another person that was using a cleaning product that was kind of the way that the modern cleaning should be done and it made life a lot easier and made more sense the way that he was doing it. So for whatever reason this other person was in Japan to take care of business and they had to do with some products that they were manufacturing over there made in Japan, of course.
He went to visit this person and found out how he was cleaning his home. And that's the story that I was given before looking up any of this stuff on the internet. And of course, he was associated with Procter & Gamble and he said the only way that they would even consider this idea is if they thought it could make him $100 million in the first a certain period of time that it was introduced or they would even accept it. And of course they contracted with this particular gentleman and he got, I think it was only one percent of what the total revenue was. So he hardly got anything, but it made him a millionaire. So I'd have to do a little more research on that to see if I could find out if that holds true. But that was part of the story that I had heard behind the swiffer. Now going on to the microwave because I know that there are a lot of people associated with microwave. I would imagine almost everybody in their home has one.
Except for what you were just mentioning, Peter, you didn't want to eat nuclear-rized foods. And so I'm going to ask real quick, do you have a microwave in your home, Peter? Oh, yeah. We've had one consistently since that fateful day. Uh-huh. Okay. Well, I would think... I don't remember how old I was when I first, you know, had our first microwave in our first home. But I know I was in probably high school, I think. Uh-huh. I'm old now. I'm old now, so it's got to be a long time. Well, I know that most of us can go back and I know when it was first introduced. I thought, wow, I wonder how long it took for that person to think about this concept and try to put it in practice. And, of course, we followed it because we were always using the oven. And the oven, boy, sometimes, you know, you've got to have... I mean, even when you do a pot pie,
when you put that in the oven, it takes quite a bit of time to bring that up to temperature and get it to where you want it to be, so it's acceptable to be put on the dinner plate, et cetera. And so, fascinated by the fact that where did the idea come from? And believe it or not, a person by the name of Percy, let's see, you've got to make sure I get this right, because I know I keep thinking of Spencer, Percy Spencer. He actually quit school in fifth grade to work at a company because he was very ingenuative. And he got the point where he actually went to a factory and worked there for 14 years. And the name of the company was the American Appliance Company. And they were a defense contractor and eventually got their name changed to Raytheon. So just to make a real kind of a long story short.
But he was involved with what they called the Magnetron, which is a high-powered vacuum tube that was used in Raytheon's radar systems during World War II. So, a couple of controversy stories there also, kind of on how this came about, because you always get the concept that somebody thinks about something and they come up with the idea and that's the invention. And we always say that necessity is the mother of invention. When yes and no, sometimes I'm named for whatever reason we start thinking about things. But the reason I bring these up is because of the timeline that's associated with a lot of these things. There are a lot longer than what anybody would actually think that it takes to put them together. And compared to the home business industry, I can see why people think of these as get rich quick schemes. When really they're not. But if you put them in their proper perspective,
it's amazing the amount of money that an average person can make. If they'll just take a look at what the possibilities are and associating themselves with the concepts behind the ability to work with geometric progression and exponential growth that happens with teamwork and the company that's involved. So, being that that's kind of where we're headed to make sure that we associate some of these things with the home business industry and what's available and how to tie everything together. I'm going to throw it to you, Peter, because I know this is probably a good time for a commercial break and we'll come back on the other side, tie things together and hopefully make sense of this whole thing. Why I brought up a few of these things and tried to do it in a quick manner without taking too much time. So, I'll turn it to you for the commercial break. Perfect. Well, here we go. Thanks for listening to Building Fortune's radio.
You can hear us on all the UMongas AM radio and all the UMongas FM radio stations. Listen in. Whether we are on Amazon Music and Apple's iTunes or I Heart Radio and Spotify, you can hear us everywhere popular news and information is shared. If you sell a product or have something to share with the world, you should advertise with us, or learn about hosting your own show on Building Fortune's radio and the UMongas ad network. For more than 25 years, PM marketing has helped entrepreneurs grow their businesses and sell more products by building customized websites driving targeted traffic and advertising through the UMongas ad network and radio shows. Visit BuildingFortionsRadio.com or call Peter Mingles directly any day from noon to midnight eastern time for details. Call 3-8-6-445-3585. That's 3-8-6-445-3585. Ask about the Kisk book and websites.
The Kisk, keep it simple circle, can be your key to success. Now, let's get back to the show. Take it away, Peter. And we're back, Peter Mingles here with Ken Nielsen. Ken, over to you. All right, thanks, Peter. Yeah, so I'll just kind of finish up with the microwave here real quick and to explain why kind of accidentally what happened. The Percy, well Percy Spencer, they repertumate Spencer. One of the days where he was standing or being in front of one of these devices, one of the magnetrons that was being used, for whatever reason, he noticed that the candy bar in his shirt had melded. And he was like, what in the world? What in the heck is going on with that? And come to realize that it had to do with the frequency range that they were using and it was creating heat. And so on, let's see, October 8th of 1945,
they actually applied for a patent because now they have continued to march towards this idea of being providing appliances in the kitchen. So they had gone from military contracts because they had dried up, of course, because the war was over. And they needed to know where they were headed so that they could still stay in business and they decided that they were headed towards this thing with making what they called a radar range. And the radar range, believe it or not, imagine this as your microwave. It's as big as a fridge. It weighs three times as much as a fridge. And you're going to put your food in there and cook it. And believe it or not, it consumed three kilowatts, which was like four times what regular microwave consumes now. And it was water-cooled. So it's a whole crazy deal how that was. And of course, you had to be pretty wealthy to be able to even have one of these things.
And so for it to be affordable and everybody's got one now, it's pretty amazing how that's all turned about. But we could talk about pocket calculators and electronics and where that's all coming, made things just acceptable to people. And the reason I bring these up is because I think we take a lot of this stuff for granted. And I think people take the home business industry for granted. And so hopefully I can say something here that will make them so they don't take it for granted and realize that it's really a viable way to create an income. In fact, it's a way to create an income that probably could overtake your regular income depending on how much money you make a year. But like we always say, if you get involved and get with the right people and the right company, you can probably make more in a month than you make a whole year in doing what you're doing. Now last week we talked about somebody who was very well known in the industry and did very well in the industry.
And that was Mark Yarnell. And we had that video that we had on there that people could go watch. And he talked about the fact that the people that watched the video got involved with the home business industry, they did a survey and they kind of found out what happened with the people that were doing it. And in his claim, he said out of a hundred people that were surveyed or interviewed or that they knew that had taken a look at this or hadn't actually paid attention to it and did the 40-year plan versus the 40-year plan. I guess I kind of ought to make that a little more viable for those listening because I'm assuming that everybody's gone to watch that video and that probably is not true. But they have the 40-year plan versus the 40-year plan which we believe can be done within six months to a year and in fact Mark Yarnell found financial freedom and freedom time within the 11 months
following the plan that he was following. He said that out of the 100 people at the age of retirement, let's say 38 would be dead, 68 will be dead broke and one will be wealthy out of those 100 people. And the reason I bring that up is I think that there's a little more detail that is associated with it that I think is more important and more viable or makes more sense for us that are listening especially at our dying age because the facts from the Social Security Administration throw a little bit more in there so that we understand what we're referring to so that people will understand that there's only 5% that are successful and 95% that are unsuccessful and here's what we mean. So the current facts that are associated with the persons who have already retired, one will be wealthy, four will be financially secure,
five will continue working not because they want to, but because they have to. 36 will be dead, 54 will be dead broke and they will be depending on their legal social security checks, relatives, friends, charity and maybe even possible small savings accounts. So something that you've said in a previous episode, Peter, which I thought was very important for people to catch onto to what they were listening is the percentage of people that live paycheck to paycheck and I don't know if that's going to kind of turn the light bulb on and kind of make you go back and think about what that number was but I know you had said that the amount of people living paycheck to paycheck was quite large. Do you want to kind of throw that out there and so we can kind of go over that real quick and see if that should maybe shock people a little bit to think about the fact that people are just not getting ahead
or just kind of in the survival mode. Does that make sense to where I'm kind of leading with this, Peter? Absolutely. Yeah, so depending on who you talk to, they probably say anywhere from 60% of people in that position. I always contend that there's a lot more than that and everybody would know that in the event that they lost their job suddenly. That's when you usually realize that you're living paycheck to paycheck. So when people are laid off unexpectedly, fired for whatever reason, whether it's something they did or not, but that's usually where more people. So I think the admission is like 60% due but I bet you there's even a higher percentage that would be severely hurt in the event that they lost their job where they'd have to really scramble in the next month or two because they don't have anything in reserve to be able to tap into the liquid. So I'd say it's a big number. Okay, that's very good. Take a look at these home-based businesses.
Yeah, I think some of the things, some of the basics that are associated with them, sometimes we get information overload and other times some people just think, well, I can't do that and you have to have a certain type of personality, which I mean it does help to have, I don't know, some people say it's a self-man attitude and I don't really think that's one of the key issues. I would think more social media than I would a self-person. But the fact that they don't, well, the fact that the commissions or the rewards programs are based upon the fact that you're sharing this information and I know that we've talked about this before all so bitter, promoting versus self versus sharing. I mean, there's always, I think, a fine line between certain things but obviously you have to move product in some way or the company has to move product. But in the expansion of a particular business because they're not going to pay for,
quote unquote, the marketing and advertising because that's so expensive, the company knows that they should reward the people who are interested in their company and their products and services that they're going to be able to use that particular amount of the income that comes to the company to be able to pay back to the distributors that are willing to take the time, make the effort to help people understand why it's a viable process to use the company's particular products or services. So, and hopefully, that's why people that are here maybe looking for answers, maybe trying to find a solution for an additional income or a way to make some extra cash. You know, this is something that really needs to take a serious look at. And like I had mentioned earlier, Jimmy Smith, I mean, at one point he was struggling to make $60,000 a year and one of his companies and he was known as the butcher. He was making, I think $27,000 a year
before the doctor said, hey, you keep doing what you're doing and you're not going to be able to walk. Your back's going to be so bad. You'll be in a wheelchair the rest of your life. So, he took a look joined the company, wasn't taught, wasn't shown really the right way to build the business. And so, when he transitioned from one of his companies to the next company that he was with, and he knew how to build the business within two years. He's making $22,000 per week on average. And I'm wondering, maybe I should even put that on the website, Peter. The Jimmy Smith story. I have that whole thing documented and that might be something that people could take a look at. Any thoughts on that? You think that might help someone if they were looking at a particular story to see kind of how that work with Jimmy Smith? Or is that something that takes too much time? It's too long for people. No, it's good. Jimmy's a good man. Hard worker, family man. Did all the right things for a long time. And then finally, down the right company and the right opportunity
to hit it big and the rest has been history. And he's worked out like crazy. He's helped a lot of people. So, yeah. I would celebrate Jimmy the butcher. Okay. Well, I'll probably do that because I have the history of that. I was thinking maybe it was just too long and might not keep people interested, but I'll go ahead and post that somewhere so that they can look at that story and see how that works. So, he went from, after a couple of years, making 22,000 per week to actually maxing the pay plan and up making $50,000 per week. And I know that people kind of roll their eyes sometimes when they hear those numbers. But anybody that's looking for some serious changes or an opportunity to even make maybe even a thousand to two thousand dollars a week, it's there for them. If they just understand how everything's put together and why it works the way that it does. So, some other people I could talk about particular person making two to four hundred dollars a month and they finally found
the right techniques using some of the modern applications with what we have as far as techniques and I'm sure with AI now, which is kind of a controversial subject. But with all the modernized way of doing it, I went from $400 a month to $200,000 a year. Nancy Tessier, her Tessier, I think is how she says her name. When she said that, when she was in the internet, she only understood how to copy and paste. And when she got involved, she went from her regular income to $27,000 per month. So, well, anyway, there's a list of a bunch of them. But I think Jimmy Smith is the one that's one of the most inspirational, and especially for a relatable person as far as the industry goes, especially from working at a box store
being a meat cutter and then being able to make it big in this industry. So, anyway, I know how fast time flies, and I know time has got wings on it again. And so, I'm just going to kind of leave it at that. I hope I haven't left too many, or made too many questions without filling in the blanks. But I just wanted to show people that, you know, the things that we take for granted, there's a long period of time before they actually come to fruition, so to speak, before they're actually an item that you can find that is in your home that you get to enjoy because of the length of time that everybody else has put into this because they were determined to make them work, and they had the dedication that it took to finally get to where it's a possibility for so many people to enjoy the benefits that come from those particular products and services. So, hopefully, maybe they can make a comparison and find out, you know what, maybe this home business industries were real,
and there really is a way to create a new financial income, a second income that really makes sense, and just, along with some of the other benefits that it provides, like we talk about tax benefits all the time. So, with that being said, Peter, I'll throw it back to you and see if there's anything you'd like to add before we close the door, close things up, and get ready for another week coming up. Nope, all good information for those people that want to learn more, they can go to count on the truth.com, that's count on the truth.com, and be able to have access to the stuff that you've been working on, so for those people that are listening and make sure you go check that out, and again, got a great way of putting stuff together on that website, so make sure you look, and if you have any questions, call them, you've got to contact information on that as well. Plus, in the show notes, I put some descriptions and some websites that he's talked about before. So, if you go through the previous posts on, count on the truth.com, you'll be able to see, like the Mark Earnale chalkboard, did he reference
in some of the other stuff that he's been talking about and the different marketing websites that he's posted up there too, so all good stuff. So, we'll see you over really next week, and thanks for listening in. Thank you. You've been listening to BuildingFortunesRadio, on BuildingFortunesRadio.com. Thanks for listening. BuildingFortunesRadio is part of the UMungus AM and UMungus FM Radio Network. Be sure to check out the BuildingFortunesRadio.com website to listen to your favorite shows. You can also hear us on UMungusRadio and wherever you find your favorite podcasts. It's been our privilege to have you listen in. At BuildingFortunesRadio, we wish you the success you deserve and are willing to work for.
More episodes
More from Building Fortunes Radio with Peter Mingils

Earle Holder joins Irvin Harris and Peter Mingils on Basketball Coach News
Building Fortunes Radio with Peter Mingils

KISC My Health Radio Show with General Counsel and General Manager Jeff Brams by...
Building Fortunes Radio with Peter Mingils

Jarrod Wilkins joins Stop The Amway Tool Scam Scott Johnson and Peter Mingils on...
Building Fortunes Radio with Peter Mingils

Stop The Amway Tool Scam Scott Johnson and Peter Mingils review The Happy Co dec...
Building Fortunes Radio with Peter Mingils