The Great Depression in the 1930’s saw the end of many fortunes and the birth of many newer ones. It was a pause in the economic affairs of the world and many compare the similarities of the Great Depression to the current situation.

With the Roaring 20’s and the 2000’s, the economy was very viable. Many were making money and people jumped on the bandwagon to do what every one else was doing in order to catch some of that good fortune for their own. The seeming good times minimized fears and worries. There was not such an urgency to think differently.

The current situation gave everyone pause. The old way of making money was not viable anymore so there was an abrupt change in the economic climate. Clearly, different ways to make money are called for. With unemployment at the highest it’s been in about 30 years, getting a higher paying job is not necessarily the easy ticket it once was.

Perhaps taking a closer look at a home based business could be appropriate for you now. At least you would know that you wouldn’t lay yourself off.

Technorati Tags: economy, fortunes, Great Depression, home based business, unemployment

Recent stories have come out that stress the unemployment rate has reached 9.6% which is an increase despite the “Recovery Summer” initiative put forth. I’m not here to talk politics but to tell you that these numbers don’t mean anything to you.

Statistics are only meaningful for a large group of people. They don’t apply to an individual. I don’t think I have ever heard of someone being 9.6% unemployed.

A sure way to be able to ignore that kind of “news” would be to take control of your own life. Here are some things that I have not worried about the last several years:

• Gas prices – with my carpet commute, a tank of gas lasts 6-8 weeks.
• Getting time off for special events such as my son’s band concerts or chaperoning a choir trip to Disneyworld.
• Wasting an hour or two each day in traffic – the only traffic I have to watch out for is my dogs getting in the way.
• Asking for a raise – I just employ strategies to increase my income.
• Annoying coworkers – I pick who I want to work with.
• Unemployment – I’m not going to lay myself off.

This is all due to my home based business. I started growing it while I was still working in a corporate job. I earned while I learned how to do it. With my business products, my health got better, too.

If you are scared about the employment situation, there’s an old saying that I have followed. “Dig the well before you are thirsty.” You can work to build someone else’s dream or you can build your own dreams through lifestyle freedom.

If you would like to know more, I have a free mini course on home based network marketing and some of the benefits you can enjoy from it. Just go to DiscoverYourOwnFreedom.com and sign up for them.

Technorati Tags: build your own dreams, Corporate Job, free, free mini course, home based business, lifestyle freedom, network marketing, recovery summer, unemployment

Recession fears are very prevalent today. When I read the facts, I kind of have to chuckle to myself. The headlines read something like unemployment at it’s worst in the last 23 years. I remember 23 years ago.

Back in the late ’70′s and early ’80′s, the unemployment rate had kind of settled in the 8% range, slightly less than what we have now. A recession at that time pushed it over 10%. People were complaining about tough times but there was nowhere near the Chicken Little pronouncements you see trumpeted in the news today.

What has struck me as so interesting is that the economy has been good for so long, there’s an entire generation of workers who have never seen a recession. It’s been so good for so long that 8.5% unemployment is an economic apocalypse instead of just ‘not so good’ news.

Let me put these numbers in another perspective. Economists say that about 4% unemployment is about as low as you can get. This represents those people who are between jobs. If it gets much lower, the economy suffers because there aren’t enough workers to fill jobs.

So, you subtract the 4% transient unemployment from 8.5% and you get about 4.5% additional employment. In other words, the employment rate is over 95%! Even if you don’t subtract out the transients, the employment rate is over 91%!

In perspective, the depression unemployment rate was over25% at it’s highest. FDR said it best, “The only thing we have to fear is fear itself!”

Now that I have talked about what people are fearing the most, how do you protect yourself from it? One of the best things is to control at least a good part of your income with a home based business. If you want to see if this could be for you, I suggest going to FreeRKCDForYou.com and requesting a free CD by Robert Kiyosaki called, “The Perfect Business.”

Technorati Tags: depression, economy, home based business, recession, recession fears, robert kiyosaki, unemployment

In these scary, uncertain economic times filled with the specters of layoffs, unemployment and recession, remember that fear itself magnifies the bad things. Many people worry about the pressures on the family budget, how they will pay for college, and being the sandwich generation, how they will they care for their aging parents.

Are these issues real? They can be. They can also be dealt with instead of just feared.

Step 1 is to determine what you want. My goal was lifestyle freedom which includes time freedom and money freedom. Getting to that automatically meant that I had the resources to deal with whatever came up.

Step 2 is determine how you are going to get there. After my research was over, I realized I needed at least one residual income stream. A linear income stream like selling stuff on ebay was not going to make me rich. This also meant starting a home based business. I chose network marketing because it fit my criteria.

Step 3 is implementation. I have chosen the method of online network marketing as my main focus. This allows me to play to my strengths. This is my success formula. I continue to participate in training so that I can help myself and my team succeed.

One benefit that is hardly mentioned in the sales brochures and web sites is the change in your perception of control. If you are fearful, you are automatically placing control outside of yourself. When you start becoming successful in your own business, you automatically start pulling that control within you. This feeling permeates your life. You will feel in control in all other situations as well.

Let others fear, take control now.

Technorati Tags: aging parents, ebay, family budget, home based business, layoffs, lifestyle freedom, linear income, money freedom, network marketing, online network marketing, recession, residual income, sandwich generation, success, success formula, team, time freedom, training, unemployment

Recession is the word I keep seeing over and over in the news. Business is contracting and laying off thousands of workers. Gas prices are cutting into to everyone’s budget. The unemployment rate has hit 5.7% ( I remember times when 5.7% unemployment was considered a good level.)

What is happening in the economy in nothing compared to what is happening in your personal economy. Even in the midst of the Great Depression, fortunes were made. In the booming economy, many bankruptcies are declared.

No matter which way the wind is blowing, sailing ships can go in all directions.

My economy is under my control. I determine what I receive. I am reminded of an old saying, “Dogs prefer meat, they get bones because they don’t get to choose.”

Working even part time on your side business can produce great dividends from income coming in as well as tax savings.

Set your sails to go where you want to go.

Technorati Tags: booming economy, budget, business, fortunes, gas prices, layoffs, recession, unemployment