While the U.S. economy is getting better on Wall Street, things are getting worse on Main Street. Unemployment benefits are running out and small businesses are just now dealing with their prior losses.
This has created an immediate opportunity for those in the business of offering a business opportunity to the unemployed-an opportunity that could grow exponentially when Congress better understands the true nature of current unemployment. U.S. home foreclosures, personal bankruptcies, and debt defaults are rising. This is creating enormous pain for many but also opportunity for those in the business of purchasing and reselling assets (houses, cars) from those in distress, or offering the unemployed a business opportunity. “Dad,” I asked my father when I was 12 years old, “What the difference between a recession and a depression?”
“That’s easy,” he replied. “In a recession your neighbor loses his job. In a depression you lose your job.”
The Great Crash of 2008-2009 began on September 15, 2008 with the fall of Lehman Brothers-causing an immediate widespread panic in the banking system. But people didn’t start getting laid off in large numbers until months later. Reported U.S. unemployment rose from 6.2% in September to 7% by December 2008, but then steadily climbed to about 15% today (about 18 million people). This is a level the U.S. has not seen since 1982, and before that not since the Great Depression.
There are now 90.5 million Americans who don’t work and are not counted as part of the labor force. This excludes kids under the age of 16 and non civilians such as those in the military or in prison, but includes just about everyone else..... and It's about to get WORSE!
Those that have been waiting for things to return to the way they were; must stop that thought process now. It is time to accept the reality of change and start adapting. There is no more time to waste.
Jobs are lost, businesses close, but life goes on and so must you. Recognize change, embrace change, and adapt to change. If you give change a chance you will find your opportunities. Are you actively searching for a new career change, or looking for a rewarding business opportunity?
“If you really want to learn to be rich, you must begin to understand the power found in building Networks!”
Too many people feel that the only way to get ahead is to dedicate every spare hour to their job, even an unsatisfying and underpaying one. In short, we’re trading our time for money.
Today’s reality is forcing people to find additional streams of income. In fact, 77% of Americans admit to living paycheck-to pay check. In addition, an estimated $3.4 trillion has been lost in retirement accounts during the recent recession. It’s no wonder then that people around the world are seeking financial security by building home-based businesses in order to supplement their income.
The price must be paid. You either choose to pay price for success or you choose to pay the price for mediocrity. Regardless of our choice, YOU will pay the price. Working for 40 years for someone else and retire broke is too big of a price pay. Even worse, working for a boss you don’t like and still retire broke. It doesn’t have to be this way, especially in today’s world full of abundance.
Opportunities exist all around us and the people who recognize and act, when opportunities emerge, are often considered lucky.Opportunities are not born from luck or coincidence, they are born from problems where people are seeking solutions, whichwhen solved create massive opportunity...
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The enduring American Dream: The idea that anyone who works hard enough can climb the ladder and achieve success: The big home in the suburbs, the luxury cars in the garage, the kids off to a good college and the retirement in a sunny locale.
The reality is more complicated.
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