Tuesday, September 23, 2008

How to Profit from the Current Economic Crisis

This is a great solution because it incorporates all the ethical aspects of life. Not only can you profit from this recession ( or" economic crisis" ) ; It can also be the thing that transforms your life. You can come out of this with your head held high and be respected in your community. But you have to do a few simple things right now. And when I say "now" I mean RIGHT NOW. There are forces at work and there will be demand for a certain set of people, no matter where you are. In fact, the worse the situation of your area, the more valuable you will be.

Believe me on this. I predicted the current situation two years ago, right on this blog. I'm now predicting the way out for certain individuals who are ready to take action. And no, I don't want your money...I know you are fighting to survive. I want you to invest using the one commodity that is more valuable than money...time.

Let me quickly set up the scenario for you. I have been spending a lot of time gathering information from a wide spectrum of disciplines and from all over the world. I'll try to condense it down into a few sentences and then give you specific recommendations.

Economics and physics are eerily similar. Expansion leads to contraction. Entropy ( the law of decay) gives birth to rejuvenation. A vacuum attracts mass. Mass can never be destroyed, only moved.

So what does all this mean to you right now? Well, you hear stories about all the money being lost and the huge debts of corporations, individuals, and even nations. This money hasn't disappeared. To use our physics analogy, let's say that it has evaporated. It only seemed to disappear. It just transformed and moved somewhere else. Someone has this missing money! But they will not be able to hang on to it. The laws of economics/physics are at work. And because of our technology, they are working faster than ever before in history.

Now look at your situation. Do you see any money/wealth around you? No? Good. The less you see the better. Again, using the physics analogy, this means you are in an economic vacuum. When the money starts moving it will be drawn to areas with the highest economic vacuum.

NOTE: I'm going to say something very controversial right now, and prepare to be offended. But think about this. These areas will not necessarily be the traditionally impoverished areas. If the majority of the population has adapted to living on a welfare income, then there is no vacuum. The need has been met!

Investment money will be seeking areas which are in pain. It will be looking for people who acutely feel the lack. There is a good reason for this. These will be people who are ready to take action and keep that money moving. Money loves to be in continuous motion. This is one of the big signposts for economic health. Money also loves to be transformed and shaped in new and fascinating ways. It will be looking for places and people who are primed to make this happen.

NOW here is where it applies to you. I mean you the reader, right now.

Remember our physics analogy? Remember all that evaporated water? Evaporate seeks out a dust particle to cling to. This is the genesis of a raindrop, which will eventually nourish the very earth it came from. OK enough physics...let's deal with the how this affects you.

Let's look at the foreign investor who has accumulated a huge amount of money. He wants to keep it growing, and knows that the only way is to put it back into the marketplace. (The time for building up reserves and hoarding is almost over. ) This is a great time for the cash rich. The western world is on sale.

But there is a problem. Where specifically to put the money? Remember the big Asian Tiger boom a while back? People knew there was opportunity in Asia and blindly tossed fortunes into that marketplace. And most people, and corporations, lost most of what they invested. The current wealth holders know this. They will be looking for practical, solid investments.

So what does this have to do with you? You are struggling to make your house payments, or perhaps have been forced to walk away and cram your family in some dinky rental. The paycheck is stretched. You keep listening to rumours to see if your job or even your company is safe. Your kids are demanding all the activities and toys and clothes that they have been used to. Your pride is taking a beating. You feel vulnerable.

What can you do to protect your future?

Answer: Become a desired commodity. Become that speck of dust. Become an accredited knowledge source.

Why? Because the people coming into your community to invest will be looking for practical knowledge. They will want to connect with someone who knows the history, the people, the politics, and all the little hidden things that some outside researcher can't glean from the Internet. This works for investments large and small.

Think about it. Every community has some spot that is cursed. You've probably seen them. Business after business goes in and goes bankrupt. A lot of times, it is not because of the location, but rather because of the history. The local people have just been conditioned to avoid anything that sets up shop there.

I'll give you a personal example. I lived in a city that was listed as having the highest amount of money on deposit per capita. We would watch businesses come to town with the latest and trendiest restaurants. They soon closed their doors. The busiest restaurant was a family run operation that sold cheap traditional meals and gave about two pounds of hash browns on every plate. The town was mostly made up of retired farmers who watched every penny and loved to go home with a full stomach and a doggy bag. A lot of investment money was lost because the trendy businesses used outside statistical analysts and the advice of sale hungry Realtors.

Here is my advice for your action plan:
  • Get involved in your community. Attend council meetings. Write opinion letters in your local papers. Go to planning board hearings. Walk along your local streets and get to know owners and customers. Hang out in public places and listen to conversations ( listening is the key). Attend, and take your kids, to every fair or celebration or whatever that is going on.
  • Start building a list of resources that your community has. Get a clear picture of the advantages in every area. Be able to describe the personality of your community. Start a Rolodex. Make it a hobby to collect names and cards. See the potential that is around you.
  • Get active on the Internet. Post your opinion on blogs and forums. Use your real name! Start a website ( I show you how to do this for the price of a movie on my other blog www.websitebuildingforbeginners.com ). Learn how to use a few tools which will make you an expert on your local area. Build a website about your community, and one as a professional site, and then attach a blog to them.
  • Volunteer to stand on community feedback committees.
Now this may sound like I'm setting you up for politics, but I'm not. I'm telling you how to build a reputation as a trusted information source for an appealing investment area. Reputation is going to be the new commodity. We are passing from the information age into the age of trustworthiness. It is not just what you know, or who you know, but who you can trust. Guard your reputation. Build it by helping and participating and carefully advising and recommending. Soon you will be the "Go To" person.

The End Result:
  • You will have a lot more friends.
  • Your life will be full and interesting.
  • You will be a sounding board for your community.
  • You will be an acknowledged expert and resource.
  • You will attract the attention of anyone interested in your community.
You can now set yourself up in a variety of roles. You can be a consultant. You can be a skills broker. You can use you present skills and contract out using referrals given by all these new contacts. Etc etc. You now have a panorama of opportunities. And the best part is that you can stay in your community and have it feel more like home that it ever has.

This has been a long post. I'll end it here. Don't dismiss what I have written. As I said, this is a condensed version of a huge mass of information and investigative intelligence. I've tried to put it into practical actionable terms. That is my mission.

I would also appreciate it if you sent a link to this article to your friends across the country. There is so much doom and gloom in the press. They are ignoring the great potential these times are bringing.


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