Monday, March 24, 2008

Quit with the recession talk already! Business is GREAT!!

There are far too many stories in the media regarding the “recession” that we are supposedly in the middle of right now.

Haven’t these people read the Law of Attraction? You attract what you think about. I refuse to participate in a recession. For one, I believe it’s a slow down, not a recession. A recession is defined as two quarters of negative growth (Gross Domestic Production) in a row. We haven’t officially had one negative quarter and pundits are frothing at the mouth about so called “turmoil” and “the wounded economy”.

Why am I so optimistic? From where I sit business is GREAT! My entrepreneurial clients are all doing very well from needing to hire new employees, to signing amazing new deals, and bringing in new investible assets by the millions.

What other signs of a healthy economy exist? How about:

Low unemployment – have you seen the unemployment rate in France? It’s double what it is here. According to Russ Wiles of the Arizona Republic, the economy has lost 85,000 jobs which is far less than the 2.7 million during the last recession.

Low interest rates – the Federal Reserve has acted several times to reduce interest rates. This is good news for the entrepreneur looking for startup capital, even if it means credit card advances or home equity lines of credit.

High housing inventory – if you want to buy a house there are plenty to choose from and low interest rates to boot.

Stimulus Package – while I don’t agree that increasing the national debt is a good idea, the infusion of cash should kick us up a notch and get some money pumped back into the economy.

Let’s all refuse to participate in a recession and just go about building our businesses. Keep planning for success. Continue with a positive attitude and create your own reality.

Grow Your Business and Prosper!
Suzanne Muusers
Business Coach for Entrepreneurs and Financial Advisors

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