The reality is that NOW is the time for people to begin making their fortunes.
Right now, while the news media has the average American running around scared to death, the real investors are silently buying low. You see, the true measure of wealth building is one's ability to ride out a storm - so there are real estate investors racking up just buying properties dirt cheap at auctions all over the country. The economy WILL rebound. It's not a matter of IF, it's just a matter of WHEN, and WHEN it DOES those investors will be the new millionaires of the Obama era - black, white, or whatever.
Another area ripe to be utilized in building wealth is entrepreneurialism. Just like the news media makes stuff up in the absence of truth, in the absence of money we can go about "making" it. You see there's a difference between earning money & making money.
Earned money is that 9 to 5 money; however, if you can create a product or service that others find value in and they're willing to pay your price for it, that is money you MADE. You see, you MADE the product or service and by selling the product or providing the service that people could use you were able to convert it into the money that YOU can use (Read "Rich Dad/Poor Dad" by Robert T. Kiyosaki to learn more).
Back in the day, housewives brought in additional money by doing other people's laundry and watching other people's children. How many of us had a baby sitter named Mrs. Jackson, Dunn, Jenkins, Brown, Johnson - or the neighborhood "Big Momma?" Tyler Perry didn't create the name "Madea." How many "Madeas" do we know out there watching 5 to 10 kids at $25 per head per week or more? 10 kids @ $25/wk. each = $1000/month or $12K/year.
This past weekend I ran into a co-worker at the post office who told me she's a "power-seller" on E-Bay. She finds all kinds of items at garage sales and online, has her husband fix up whatever little knocks they may have, and then sells them on E-Bay. She brings in an additional $500 a month on E-Bay. In short, that E-Bay money covers a monthly bill, or groceries, just gets stashed away. The bottom line is that's an additional $6000 a year more than she would have had if all she did was sit at home doing nothing.
If there is a product to be sold there is a customer out there to buy it. One of my friends told me he was able to sell his Sony Walkman on E-Bay! NOT A CD or MP3 PLAYER ... A WALKMAN!
In the end, none of us are going to be receiving any checks in the mail with the words "BAIL OUT" in the memo section, so you can either get up off the bench and venture out into the unknown and get yours, or you can just wait and have nothing at all, or at the very least, whatever is left over by those who did.
Right now, while the news media has the average American running around scared to death, the real investors are silently buying low. You see, the true measure of wealth building is one's ability to ride out a storm - so there are real estate investors racking up just buying properties dirt cheap at auctions all over the country. The economy WILL rebound. It's not a matter of IF, it's just a matter of WHEN, and WHEN it DOES those investors will be the new millionaires of the Obama era - black, white, or whatever.
Another area ripe to be utilized in building wealth is entrepreneurialism. Just like the news media makes stuff up in the absence of truth, in the absence of money we can go about "making" it. You see there's a difference between earning money & making money.
Earned money is that 9 to 5 money; however, if you can create a product or service that others find value in and they're willing to pay your price for it, that is money you MADE. You see, you MADE the product or service and by selling the product or providing the service that people could use you were able to convert it into the money that YOU can use (Read "Rich Dad/Poor Dad" by Robert T. Kiyosaki to learn more).
Back in the day, housewives brought in additional money by doing other people's laundry and watching other people's children. How many of us had a baby sitter named Mrs. Jackson, Dunn, Jenkins, Brown, Johnson - or the neighborhood "Big Momma?" Tyler Perry didn't create the name "Madea." How many "Madeas" do we know out there watching 5 to 10 kids at $25 per head per week or more? 10 kids @ $25/wk. each = $1000/month or $12K/year.
This past weekend I ran into a co-worker at the post office who told me she's a "power-seller" on E-Bay. She finds all kinds of items at garage sales and online, has her husband fix up whatever little knocks they may have, and then sells them on E-Bay. She brings in an additional $500 a month on E-Bay. In short, that E-Bay money covers a monthly bill, or groceries, just gets stashed away. The bottom line is that's an additional $6000 a year more than she would have had if all she did was sit at home doing nothing.
If there is a product to be sold there is a customer out there to buy it. One of my friends told me he was able to sell his Sony Walkman on E-Bay! NOT A CD or MP3 PLAYER ... A WALKMAN!
In the end, none of us are going to be receiving any checks in the mail with the words "BAIL OUT" in the memo section, so you can either get up off the bench and venture out into the unknown and get yours, or you can just wait and have nothing at all, or at the very least, whatever is left over by those who did.
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