How To Avoid The Effects Of A Double Dip Recession
How To Get Out Of A Debt Crisis Despite the Recession
I want to share something with you that I recently heard about whilst discovering that the UK has gone into a double dip recession, concerning one of my colleagues who joined the business opportunities we share with people all over the world.
The UK’s double dip recession is going to hurt a lot of people and small businesses but Mark’s story proves that not everything has to be doom and gloom. He recently shared his personal story with some of our members on how he broke his personal cycle of debt ($40,000 in the red) that accumulated during the latest recession and turned it into a $3.2 million online business within two years. These types of stories illustrate that with the right help and determination anything is possible with an online small business.
Any way, despite the recession and the effects the recession has had around the world, Mark realized that the current worldwide financial crisis was not going to do him any favours or help him to reduce his debt… so I suppose it finally hit home with him that the only way things could change was if he himself did something about it. And that is what he did.
The situation we’ve have all found ourselves in as a society, is unlike any we’ve experienced in recent history. Britain has now officially gone into a double dip recession and Europe and other countries will no doubt follow. In the past, when there has been a financial, national and international downturn, people have lost their jobs. But they still had some wealth – A nest egg in their homes. Maybe, 10% to 20% equity, so they would sell off and either rent or downgrade to a smaller home.
Unfortunately, in today’s recession, on average homes have also lost value, and as a result it has left many people between a rock and a very hard place. But there are novel solutions still available. . . At no other time in history could a person learn a skill, start a business and have a worldwide audience all in the span of a week. But with the Internet here to stay, we can. The millionaires this “novel solution” is creating is truly a new breed for a new age, recession or no recession !
What I want you think about is this. . . First, did what Mark achieve give you value and a new perspective to work for? I know stories like that do for me each time I here them in particular how someone within our online community has been able to change their lives because of what we have taught them.
It reaffirms for me just how important we are as ordinary individuals, online entrepreneurs, self employed business people, call us what you will to do what we know will change our lives and to continue working towards creating this “new version” of wealth for ourselves. .
But here’s what’s most important. When you share that level of perspective and history with other people it does 2 things:
1. It enables individuals to view their personal situation differently and demonstrates how someone like me can and will continue to offer them a powerful insight that in the end will help them to create “new wealth” and break out of the cycle of debt during this age of financial crisis and recession.
2. It demonstrates just how much opportunity there really is still available and what we have to offer towards helping people create a better future and why it is important to make the logical choice to get started sooner than later.
Think about your personal story and how the recession is effecting you. How does it feel? Ask yourself what you could do to alter what lies ahead. Do you have a powerful enough reason to do something more positive and constructive with your life? If so why haven’t you done something about it?
Sharing such a perspective with other people, people who can help you break your cycle of debt and help you create personal wealth in the process is the key to achieving success. Don’t think for a minute that the recession means there is no hope.. because there is. Don’t use it as an excuse. Think positively