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#51 |
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lease this space
Join Date: May 2005
Location: moving to Coscar soon
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Blog Entries: 11
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Thanked 11 Times in 11 Posts
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funny ....I was talking todaya to several guys who discussed the situation the same as you guys ...
what I am thinking is that we should ALL concentrate on developing some method(s) to get in the way of some of that 700 billion dollars ... now that is a great assignment for you guys .....ponder me that . where does the money go ? who gets the check ? and I am sure that I am not the first to suggest that EACh Amerikan get a check for his/her share of that PLUS our share of the Iragi boondoogle.... 4371 dead in Irag ....how many died in the towers ? at a cost of over a trillion dollars ...those numbers amuse me ....no ONE knows how much a trillion dollars really is ...I can divide the same as Bush , but cannot really see the implications until you start dividing those billion by , say , the 200 million it would take to build a state of the art medical training university ... or say 1000 free medical/dental clinics across the US and fund em ...for 10 million EACH and the youngsters get to pay for all this ...in deflated dollars ..in a defeated homeland .... in the meantime, we need to develop a method to get as much of that 700 billion as possible any ideas ? |
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FEAR and FAITH are the same..both are EXPECTATIONS...pick a good one
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#52 |
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HyperActive Warrior
Join Date: Jul 2002
Location: Spokane, WA, USA.
Posts: 134
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Stand back..
1. Find a large group of people who are really excited about some particular subject in a near-fanatic way (you know like golf, football, Ferraris, losing weight, collecting "classic" computers, Star Trek, hair weaves, etc.) 2. Make sure they're already spending money on this subject... ideally on info-products of some kind. 3. Make sure there's PLENTY of competition already (in other words, other info products that you will compete against). 4. BUY them all. 5. Take their BEST ideas... re-work them and weave them together with YOUR best ideas (which are new, and fresh, and which fill in the "gaps" in the other products). 6. Create your own product now, that is BETTER than all the others. 7. Use the marketing knowledge you already have to SELL that product. You will be SPENDING MONEY on other people's products. You will be LEARNING and IMPROVING your life. You will MAKE MONEY selling your own product. Your customers will SPEND money and their LIVES WILL IMPROVE. Repeat at will. That's how you get to let some of that money that is out there, circulating. That's the ONLY way for us to "grow" the economy... by keeping the money (eg, the EXCHANGE OF VALUE) circulating. When we shut down and stop the flow.... bad things can happen. This is what I have been getting at all along. Now... go do SOMETHING! :-) |
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-Ray Edwards
Claim Your Free 30 Day Access To Power Copy Secrets Membership Site! Pre-Launch Charter Memberships ONLY For My Readers and Fellow Warriors http://PowerCopySecrets.com/ |
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#53 |
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Active Warrior
Join Date: Jun 2008
Location: , , .
Posts: 31
Thanks: 14
Thanked 2 Times in 2 Posts
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A wonderful thread with great, thought-provoking, and inspiring posts. In fact to see so much enthusiasm, positiveness and spirit in a time, which is considered to be bad, is really heartening.
Thanks for the thread, it has raised hopes of many. Three Cheers to the people who think they can, the real winners!
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#54 | |||
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Gone Fishing
Join Date: Jun 2006
Location: Iowa, USA
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My point in implying ignorance was that no matter how driven and prosperous individual entrepreneurs are, if the system is crippled or fails it will effect everyone. If the haves vs. have nots gap becomes big enough and times get hard enough, a well oiled profit machine won't be worth much in a time of revolution? Not saying that that will happen. But turning your back completely on the possibility seems less than prudent to me. Quote:
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I guess the "present economic reality" may be where the confusion was. My point was to simply keep your finger on the pulse of the "present economic reality" as it changes. Basically, I'm agreeing with you by saying don't obsess about the economy, but do observe. | |||
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#55 | |
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Ninja Warrior
Join Date: Oct 2008
Location: ellenwood, ga
Posts: 52
Thanks: 16
Thanked 4 Times in 3 Posts
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#56 |
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Active Warrior
Join Date: Oct 2008
Location: Circle Pines, MN
Posts: 46
Thanks: 0
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Understood that the economy may be perceived bad by the majority of people.....but does this perceived bad state of the economy Help or Hurt internet marketing ??
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#57 | |||||||||
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Senior Warrior Member
Join Date: Jan 2003
Location: , , USA.
Posts: 9,530
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EXACTLY! And some aren't even legal residents! | |||||||||
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#58 |
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Active Warrior
Join Date: Jun 2005
Location: Denver, CO, USA
Posts: 37
Thanks: 0
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Well, the DOW just ended its worst week ever in its 112-year history.
This inconvenient fact won't stop some from continuing to believe that "everything is fine" and "everything will recover shortly." Moments ago, I read a comment from a guy predicting DOW 13,000 by Christmas. He must be delusional. Today, Phil Izzo at the Wall Street Journal writes, "The U.S. economy has sunk into a recession and government action is critical to stem the damage, according to economists in the latest Wall Street Journal forecasting survey." Economists Expect Crisis to Deepen - WSJ.com Do I think all this is cause to become paralyzed by fear and do nothing? No. Not at all. Certainly, press forward with business plans, etc. And have a good contingency plan in place, too. But to say the economy isn't hurting is plain stupid. Too many people have been blinded by so-called "abundance thinking." Bowing to the golden calf ain't gonna save you from financial difficulties -- or anything else for that matter. Ryan Healy P.S. On a side note, not all economists are poor. Bill Bonner makes a princely sum as the founder of Agora Financial. You can read his views on the economy at: The Daily Reckoning |
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Free Copywriting & Marketing Tips
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#59 |
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Marketing Innovation
Join Date: Sep 2006
Location: Australia, Finland (currently)
Posts: 299
Thanks: 10
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No matter if the economy is going up/down or "Nose-Dive Crashing", it's never bad news for us online marketors. Infact, sorry to say, it's good. Well, I am not happy for everyone that is getting tight on cash, but from the perspective of making money online, it just makes it so much easier! Just have a think about it.
There are loads of ways to cash-in on the economy crash. Firstly, you can put packages together that help people escape the rat race, "No longer having rely on a job or the GOVERNMENT", you can come with a very powerful and emotionally compelling offer, when you come with those sort of thoughts. People are scared, you can help them
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#60 |
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Real Guitar Hero
Join Date: Sep 2005
Location: Decatur, Illinois , USA.
Posts: 695
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It's all mental; this recession is actually an opportunity for those with the right perspective. Certainly some sectors have slowed down to an almost grinding halt but that doesn't mean it's the end of the world as some people claim.
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#61 | |
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Senior Warrior Member
Join Date: Jan 2003
Location: , , USA.
Posts: 9,530
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Thanked 22 Times in 17 Posts
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#62 | |
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Active Warrior
Join Date: Jun 2005
Location: Denver, CO, USA
Posts: 37
Thanks: 0
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And who are you referring to when you say "their stupid IDIOCY"? I found your comment somewhat confusing... Ryan Healy | |
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Free Copywriting & Marketing Tips
Click Here ==> http://www.RyanHealy.com |
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#63 | |
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Information Contractor
Join Date: Aug 2006
Location: Pacific Northwest, USA
Posts: 376
Thanks: 7
Thanked 1 Time in 1 Post
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#64 |
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IntenseComfort Provider
Join Date: Jun 2003
Location: Bellevue, WA
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By nature and through learning, people are problem solvers and opportunity grabbers. Those of us not taught to hate competition and winning are the hope for the future.
I have no idea how big a problem "this economy" really is. But I think there is much reason for optimism. The main problem with "this economy" is that the people that most of us thought we could rely on turned out to be either asleep or incompetent (or worse). One of the reasons that confidence is so shaken right now is that we see our leaders flailing around and nothing changing for the better. But they too are problem solvers. One can only hope that we like their solutions. In the meantime - in the meantime - the time is now to learn and hustle. Regards, Bal |
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#65 |
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HyperActive Warrior
Join Date: Jul 2006
Location: New York
Posts: 170
Thanks: 1
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From what I've been hearing on cnn and cnbc it seems many governments
are working together to fix this, Paulson now seems to be following the UK's plan. Maybe this is just extreme greed, as always getting out of hand every so often and not a neo-con Nazi conspiracy. They need to sort out the cds market and guarantee inter-bank lending, libor. Or... conspiratorially, they are slowly consolidating the financial system and allowing the gov. to buy into and own sections of the financial industry via using bailout money. |
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#66 |
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Warrior Member
Join Date: Oct 2008
Location: Ontario Canada
Posts: 7
Thanks: 0
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What is the difference between a Recession and a Depression?
Recession: When your neighbour loses his job Depression: When you lose your job This is exactly what 'they' refer to when they say 'The Internet Is The Great Equalizer'. We no longer need to rely on an employer or the government to satisfy our needs. The internet provides us the ability to create our own destiny. What we learn can be taught to those around us and this allows us to improve our micro-community. Perhaps this downturn in the 'traditional' economy will help people see the light. The early settlers did not come to America because the Indians were hiring. They came because they were offered a piece of land and the opportunity to make something of it. It was called Home-Steading. The Internet has given birth to Net-Steading. For the cost of an Internet Connection and a Domain Name anyone can create thier own economy. It is my feeling that we have just begun to see a resurgence of the Entrepreneurial Spirit that made North America great... And the world will be a better place because of it. |
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#67 |
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Have Fun Along the Way...
Join Date: Oct 2007
Location: Dana Point, CA
Posts: 55
Thanks: 1
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Here's a paraphrasing of a famous quote from the carmaker, Henry Ford...
If you think the bad economy will keep you from succeeding, you're probably right. If you think it won't, you're probably right. All the best, Jack |
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#68 |
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Cash Blasters Online
Join Date: Sep 2008
Location: Seattle Washington
Posts: 257
Thanks: 0
Thanked 6 Times in 5 Posts
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You wrote your post in July now look what's happened.
When the world struggles with money I realize 1 thing.......it's time to pull out my guitar and play some concerts and STOP STRESSING, got to keep on living. I'm not going to sit down and wait this thing out for the next 4 years. |
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Rock,Blues Guitarist GW Williams - Free Internet Guitar information on new guitars,top brand strings,Guitar Lessons,tab,chords,lead guitar,hot licks,lead scales,guitar tips,and techniques all Free
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#69 | |
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Active Warrior
Join Date: Jun 2005
Location: Denver, CO, USA
Posts: 37
Thanks: 0
Thanked 1 Time in 1 Post
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It is a phenomenal book. It helped me to understand how the Internet is changing society, and helped me to adapt. I highly recommend it. On a positive note, imagine the most difficult business you could possibly be in at the moment. The one segment of the economy that is hurting the most. I'm currently in that market... and with a single direct mail letter plus a single broadcast email, we've produced nearly 50 inquiries with combined MONTHLY volume of more than $40 Million. If even half of these inquiries become clients, it will produce $240 Million of ANNUAL volume for my client. And that's the WORST business I can possibly imagine being in at this moment. So while you should be aware of what's happening, you should also have your "opportunity sensors" set to high sensitivity. Even in the midst of hardship, opportunity abounds. Ryan Healy | |
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Free Copywriting & Marketing Tips
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#70 |
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Senior Warrior Member
Join Date: Apr 2005
Location: , , USA.
Posts: 3,901
Blog Entries: 4
Thanks: 96
Thanked 53 Times in 42 Posts
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Yeh, I can't believe it either.
I do think a recession is relevant to anyone, no matter what their financial standing is though. |
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#71 |
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Warrior Member
Join Date: Aug 2008
Posts: 12
Thanks: 0
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I have to agree with those who are posting that WE are what keeps this economy going. So go out and make your own future. Don't wait for the government to solve our problems...
------------------------------------------------------------ Tim Colletti Fellow Entrepreneur Copy My Wealth - Abundant Living Systems eProspectFinder http://www.riches4anyone.com OnlineBiz4Cash - Start your own business | internet marketing solution | online website business | homebased business |
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#72 |
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Active Warrior
Join Date: Jun 2005
Location: Denver, CO, USA
Posts: 37
Thanks: 0
Thanked 1 Time in 1 Post
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Just came across this article:
Why the jobs report is so ominous - Nov. 7, 2008 The author, Anthony Karydakis, "is a former Chief U.S. Economist for JP Morgan Asset Management." He writes: "Any doubt that we're officially in a recession can be put aside. Fourth-quarter real GDP is likely to contract sharply. The rapid deterioration of labor markets points to a sharp decline in hours worked and output in the fourth quarter. This is likely to lead to a decline in personal consumption to the tune of 5% or so for that period. Since that makes up about 70% of the economy, the stage has already been set for real GDP to shrink at a more than 4% rate in the fourth quarter." At this point, I think it's hard to argue that the recession is a figment of our collective imaginations. For the next 6 months, it will be critical to remain vigilant in marketing and promoting your business -- and keeping costs under control. A dollar saved goes straight to your bottom line. Ryan Healy |
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Free Copywriting & Marketing Tips
Click Here ==> http://www.RyanHealy.com |
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#73 |
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Not Jr. Warrior Member
Join Date: Sep 2005
Location: LA, CA, USA.
Posts: 1,714
Thanks: 6
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I was in Southern China twice for about 5 weeks in the passing several months. The entire city is for manufacturing. Most products are exported to US or EU. About 4000 toys makers, there will have about 1700 go bankruptcy in this period of down time. Why? It is because US/EU consumers do not buy as many as before. Why? because US/EU economy is not good, US/EU consumers do not have enough $ as before to spend for their children. As a young father myself, this will be the last I will do. It means I have no choice. So, my conclusion is: the economy in US is really bad now.
I wish I'm wrong. david |
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#74 |
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Active Warrior
Join Date: Aug 2007
Location: , , .
Posts: 58
Thanks: 1
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Here's my take on the situation...
There is ABSOLUTELY no point in arguing over it. Personally, my plan is to do everything I can possible do to prosper in these economic times, given whatever resources I can use to make more money. Do I think the US is gonna go completely bust? Probably not. However, say the worst case scenario happens and our beloved US turns into a steaming pile of crap. Then, I'll accept it as it is, do what I can to survive and prosper, and keep living my life to the fullest like I am right now. If there's something we can change - change it. If it's out of our hands - accept the fate and make peace with it. Everybody else can have fun arguing, I'm gonna go keep editing the copy I'm working on so I can make myself more rich, then meditate (which I highly suggest learning how to do if you don't already - it helps in times like these), brainstorming up ways to increase my business..then go to bed
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Check out my blog at www.ControlBeatingCopy.com if you want to increase your conversions skyrocket profits for FREE!
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#75 |
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HyperActive Warrior
Join Date: Jan 2006
Location: , , .
Posts: 387
Thanks: 8
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I have a friend who, several years ago, was watching the stock market dive kinda like now. One of the plummeting stocks was Kmart. He quickly borrowed some money and bought 10,000 shares. Sears rescued Kmart, stocks went back up, and my buddy pocketed a quick $15k.....
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#76 |
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Advanced Warrior
Join Date: Oct 2007
Location: Sacramento, CA, USA.
Posts: 504
Thanks: 24
Thanked 46 Times in 32 Posts
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I think all of the doomsdayers are absolutely right. The economy sucks and the U.S. dollar is worthless. So, anyone who wants to get rid of all of their useless U.S. greenbacks can send them to me. I'll be happy to take them off of your hands and dispose of them properly.
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#77 |
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Warrior Member
Join Date: Oct 2008
Location: New York
Posts: 5
Blog Entries: 7
Thanks: 0
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I feel the same way. The economy should not stop any of us going forward in our dreams and desires to be successful in multiple streams of income such as real estate, stocks and internet marketing. Onward and forward to our success. This is the time for us all to push forward people are going to need us. Let us all get going and keep our positive mindsets.
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#78 |
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Spokane or Bust
Join Date: Nov 2008
Location: Seattle, WA
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Doomsdayers seem to get off on times like these. Seriously. They almost seem excited to suddenly have a springboard for their pessimistic predictions. Their ultimate high would be to be able to say "I told you so!" To them this would be pure bliss.
Fortunately, a lot of us know that spending time worrying, complaining and resigning ourselves to a grim fate doesn't get us anywhere but exactly where we predict we'll be. One of my favorite sayings is "Whether you say you can or you say you can't, either way, you are right." It really is all in the attitude. |
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#79 |
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Senior Warrior Member
Join Date: Apr 2007
Location: , , .
Posts: 3,347
Blog Entries: 1
Thanks: 5
Thanked 26 Times in 26 Posts
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Just Pure Magic!
http://magicmel.wordpress.com/ " You can either give a man a fish and feed him for a day OR teach him how to catch a fish and it will feed him for a lifetime" |
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#80 |
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Mind Your Own Business
Join Date: Jul 2002
Location: Los Angeles, CA
Posts: 425
Thanks: 11
Thanked 86 Times in 74 Posts
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This is a great time for Internet Marketers. There are more people than ever wanting to have their own home-base business. Reach out to them in local newspaper ads and put a sign on your car, pass out flyers, etc. I have a sign on my car that says:
What Recession? Business is Booming! Work At Home - Never Have A Boss Again .. then my phone number and website. I am getting more signups for my affiliate programs than ever before. And, I put everything over living expenses that I earn into the stock market. The economy will rebound; it always has and there always will be more downturns in the future to make even more money during these cycles. Home business signups boom when the economy sours, and becomes even more profitable for those home business owners who just started when the good times roll again. And they will. You can take that to the bank. |
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Paul Uhl - BusinessTrainingService.com
It's my business to help you mind your own business - Mind Your Own Business The secret to my success in investing - Investing Success Secret |
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#81 | |
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Senior Warrior Member
Join Date: Apr 2005
Location: , , USA.
Posts: 3,901
Blog Entries: 4
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Thanked 53 Times in 42 Posts
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It's official! We've been in a recession since 2007! Sorry. I couldn't resist.
It's official: U.S. is in recession - Economy in Turmoil- msnbc.com Quote:
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#82 |
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HyperActive Warrior
Join Date: Nov 2008
Posts: 187
Thanks: 1
Thanked 11 Times in 11 Posts
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Radioray,
There is a saying out there that says,"Get in when everyone is getting out." That usually only applies to real estate and stocks. However, do you see that all niches have the same chance of making money in this economy (besides real estate and stocks/forex)? Jeff |
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#83 |
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Mr.Benjamin2U
Join Date: Nov 2008
Location: Detroit, MI
Posts: 14
Thanks: 3
Thanked 10 Times in 2 Posts
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The last thing I' think about is the shape of the economy. I didn't even know the economy was in this so called recession...strange, as I still make great money, meet awesome people, and am still having a great time.
It's all a matter of perspective. I do feel for those who have been downsized because of the economy, but why are so many people looking for a pity party or a handout for their misfortune? People need to wake up and smell the coffee. Nothing is guaranteed in life and people have grown to expect these guarantee's. |
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I'm making Big Time Money...and it's Growing by the Minute...I' have God To Thank for making this possible. I am blessed and extremely fortunate
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#84 | |
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Amazing Human Being
Join Date: May 2006
Location: Award Winning Entrepreneur
Posts: 1,643
Blog Entries: 1
Thanks: 539
Thanked 52 Times in 40 Posts
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Ben Bernanke, in his Book, offers the following Comparison:
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