Monday, April 13, 2009

Plant Your Seeds

The seeds of many great businesses grow during tough economic times. Today, more than ever, we control our own destinies. You no longer have to have the traditional college degree to succeed. You must, however, know how to access and act on information, information that is available at the touch of a button.

Gone are the days of guaranteed, life-long jobs; changes are happening too fast. You can take your future into your own hands by starting your own business. Most people have the desire, but not the courage, to work for themselves. Here's a simple formula for building the backbone of your business:

Desire + intent = Courage
Courage +knowledge = Plan
Plan +hard work = The birth of your business
Your new business + smart marketing = A profitable business
A profitable business + systemization and continued monitoring and adapting =
A very profitable business

Personally, I believe that the world's economies will continue to decline. I live in Boulder, Colorado, the most educated town in America. There aren't many visible signs of a decession here (it's hard to call it a recession or a depression). The average household income is about $80,000. But today in the business section I noticed today that bankruptcies have at least quadrupled from last year. In my little world, that is a sign.

Our economic base is cracking. The government cannot fix the problem by spending massive amounts of money. Big bloated corporations groveling at the feet of shareholders is not the solution either. Corporations have to stop making short term decisions to meet quarterly expectations. It will be innovation, powered by the entrepreneurs of the new economy, which will rescue us before the walls come crashing down.

Control your own destiny!

14 comments:

  1. I love your post and the idea and necessity of controling your own destiny in addition to your formula.
    In the end it is up to us to take care of ourselves.
    Jen B
    The Harwood Center - Tinnitus, Chronic Illness, Fers, Phobias, and Anxiety

    ReplyDelete
  2. Great post and you live in a great town. I loved it when I visited Boulder and would really like to get back.



    Bob Kaufer
    If you MOVE like the Tin Man, you will THINK like the Scarecrow and FEEL like the Lion

    ReplyDelete
  3. I love how you take a pessimistic economic prediction and advise how we can make the best of it.

    I love this blog!

    JJ Jalopy
    Life Coaching and Home Business Advice with JJ Jalopyl

    ReplyDelete
  4. and everyone will always love/need icecream!
    SunnyMarie
    www.sunnymarie.wordpress.com

    ReplyDelete
  5. Steve, I agree.There has been too much fraud and corruption in corporations, government, Wall Street, banks, etc. There are many formerly poor people in the world that had a taste of the good life. When they fall back into poverty, things can get ugly.

    ReplyDelete
  6. I agree..the days of the long term job are over. I liked the formula, it makes sense to take control-if you don't, someone else will.

    Thanks

    JC jc

    ReplyDelete
  7. So you mean that when i dropped out of school and started my own business i was a trend setter? cool. the truth is it's what's inside the person that decides whether he will survive or not.

    Don Shepherd
    oregon or bust

    ReplyDelete
  8. "The future of the world depends on small business, and the smallest unit of business is the entrepreneur" -- Rob Northrup

    Seize the Day,

    Rob
    Sales Eagles Soar Above the Competition!Personal Asset Protection For Small Business Owners

    ReplyDelete
  9. I'm with you on your prediction that it will be the independent business owners that bring vitality back to our economy.

    -Pat
    Business Owners Fast Track to Internet Profits

    ReplyDelete
  10. Hi Mark,

    The true skill in business is being able to do 2 things which work in any economy:

    SELL and MARKET and no they aren't the same thing! Those that can become great at these skills will prosper in any economy


    Great post!

    Duane

    Learn Winning Persuasion
    Techniques that Work Like Magic by Tapping Into the Psychology of
    the Mind with Persuasion Expert Duane Cunningham!

    ReplyDelete
  11. Decession, nicely done. AmRev2 coming soon? Plant some real seeds too! Smaller, tighter networks will work longer. Remove/shore up failure points. Supply chain in good shape?

    Tim

    ReplyDelete
  12. Mark,
    I love this formula and I love thsi blog

    Keeps me going.
    Lynn Lane
    www.Warriorofsuccess.com

    ReplyDelete
  13. Mark,

    Great post as always.

    > Plant a seed.

    That's exactly what I do with Pure Numerology Readings to make people look at life at an angle that enrich and fulfill their life paths.

    John Ho
    Understanding Personalities for Better Influence & Persuasion (WordPress)
    Understanding Personalities for Better Influence & Persuasion (Vox Blog)

    ReplyDelete
  14. Great post. It's more than ever time to take time of our destiny.

    All the best,
    Yann
    www.ProfitsTactics.com

    ReplyDelete