Phase 1 of economic changes - J V Crum, III, Business Coaching, Financial Freedom
Phase 1 began in earnest this year and will end in the next few months. This is the phase in which the major initial collapse of credit and banks occurs - and the government responds to it. The major event in the market this phase is the initial bottom with the bear market rally. If you look at charts, as I do, then you will find that the initial bear market rally is usually the best one.
This is the time to choose to live in a resourceful state, not one of fear. The reason is when you go to fear, you constrict your energy and vision for what is possible, As a result, you miss seeing the real opportunities that abound all around you.
Ask yourself right now how many ways you can profit during this downturn? What will other people and businesses be needing - and wanting right now and over the next 6 months to 3 years?
Wealth Exercise:
1. make a list of the needs and wants (make these 2 lists - needs and wants) that people will have over the next 6 months to 3 years.
2. make a list of the needs and wants (make 2 lists - needs and wants) that people will have over the next 6 months to 3 years.
3. NOW list out all the ways that you personally or your business can meet those needs.
This is your beginning step for PROFITING IN BAD TIMES BY HELPING OTHERS GET THEIR NEEDS AND WANTS MET.
To Your Success!
J V Crum, III, MBA
Conscious Millionaire Coaching