Economic Meltdown- 14 Tips

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by Brian Sacks · 1 comment

in Profit Stimulators

The year was 1989 and I was just married and trying to make my $600.00 per month rent. All the news talked about each day was the pending savings and loan crisis and a ton of doom and gloom.

At the time I was working for a local savings and loan called Baltimore Federal. Things were ok.. I was doing some business but not really doing too well..

THEN  SUDDENLY ONE DAY I WAS… no longer working for Baltimore Federal but instead we were one of the first in the country to be taken over by the government – Resolution Trust Corporation. Needless to say things weren’t great and the government has no clue how to run a mortgage company. Sometimes I have to wonder if they know how to run a government.

THIS WAS THE GREAT SAVINGS AND LOAN CRISIS OF THE LATE 80″s … and I found myself rigth in the middle of it.. Many went to jail.. Most savings and loans went bankrupt and permanently closed.

LIKE DEJAVU ALL OVER AGAIN..

IN the 90’s another crisis with mortgage companies going under in 1994 and many going bankrupt and to jail. Fast forward to our current crisis. The BIG NEWS is that this is a cycle that has repeated itself over and over for the past 3 decades.

LOOSE GUIDELINES- LOW RATES– GREEDY INVESTORS AND BANKS all spell disaster.. This current one is a doozy and I don’t think we have seen the worst of it yet… But from all of these experiences there are a few things I have learned and want to share with you …

I started thinking about all of the things I did to survive and even thrive.. See reality is many will go under and fail but a small few will THRIVE– They will see the opportunities and seize them.
I’m not sure which of those 2 you are but here are 14 things I discovered to help you prosper during this crisis..
Why not thrive instead of just surviving?

THINGS TO DO TO THRIVE

 

 

1.    DON”T STOP MARKETING ….

USE TRACKABLE TOOLS – CAN’T AFFORD TO WASTE EVEN A PENNEY—EMOTIONAL DIRECT RESPONSE INSTEAD OF BRANDING
DON”T USE WEST VIRGINIA MARKETING

 

2.    GET CREATIVE— YOU MUST USE NEW TOOLS—WHAT YOU HAVE MAYNOT BE WORKING – DO THINGS THAT AREN”t COMFORTABLE BUT ARE PRODUCTIVE AND EFFECTIVE

 

3.    POSITION YOURSELF IN YOUR MARKETPLACE—DON”T BE A PART OF THE HERD

 

 

4.    GIVE PEOPLE WHAT YOU GOT  — FIND THE PEOPLE WHO WANT WHAT YOU GOT AND SELL IT TO THEM INSTEAD OF BEING EVERYTHING TO EVERYONE

 

5.    WORK— SORRY !- -BUT BE SMART

 

 

6.    SET REALISTIC GOALS AND MONITOR THEM EACH AND EVERYDAY—ASK YOURSELF IF WHAT YOU ARE DOING IS GETTING YOU CLOSER

 

7.    MAKE SURE YOUR MINDSET IS CORRECT……

 

 

8.    SHARPEN YOUR TOOLS AND  ADD NEW ONES TO YOUR TOOLBOX — YOU MUST HAVE MULTIPLE WAYS TO GET NEW BUSINESS

 

9.    STAY AWAY FROM NEGATIVE PEOPLE — AND BECOME “MENTALLY RECESSION PROOF”

 

 

10.                       FIND A MENTOR WHO HAS BEEN THERE….AND LISTEN—THIS IS A BIG SHORT CUT

 

11.                       STOP DOING $10.00 an HOUR WORK —- YES EVEN NOW

 

 

12.                       YOU MAY NEED TO FINANCE  YOURSELF…. THINK ABOUT THE COST of OPENING A FRANCHISE LIKE SUBWAY — WHERE BEST ONES MAKE 35,000

 

 

13.                       STAY FOCUSED— STOP BEING TEMPTED BY EVERY NEW SHINY THING THAT YOU SEE>>>>
 It is good to have multiple streams of income but be very careful….. going down that path. Keep them in this business if you can – make more from each client …

 

14.  BECOME A STUDENT OF WHAT WORKS…( www.whatiused.com)

 

( Have you reserved Oct 14th at 4 pm eastern in your planner yet? That’s the day I will be revealing 11 LOW COST/NO COST WAYS TO GENERTATE NEW BUSINESS… INSTANTLY) details to follow …. but for right now just reserve the date and time in your planner…)

You might want to forward this to any of your friends , family, co-workers ,or associates you think might benefit from it… They can get the classics to by going to www.profitandwealth.com/freereport

Really would love to hear your thoughts. Are there any Topics you would like to see me cover? Tell me !

To Your Next 12 Months,

Brian Sacks

www.profitandwealth.com

PS- How has your last 12months been? Did you accomplish what you wanted to ? Did you earn what you wanted to ? If you would like to hear my “phenomenon” story and how anyone can accomplish more in your next 12 months go to http://www.brian.in12months.com

If you would like to learn from the same “masters” I learned from go to http://www.whatiused.com

Dan Kennedy and Bill Glazer Have allowed me to give you What many call the MOST INCREDIBLE FREE GIFT EVER.. Check it out at http://www.freegiftfrom.com/briansacks

NOW LEAVE YOUR FEEDBACK AND COMMENTS … I READ THEM ALL !

PPPPPS— If you haven’t checked out the video on the right go ahead and view it now.. It’s only about 4 minutes but it will tell you why you should listen to what I have to say.

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{ 1 comment… read it below or add one }

1 Warren Bernard October 2, 2008 at 12:38 pm

You are right on. I will be interested in waht you have coming next.

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