3 Ways To Recession Proof Your Life and Business
By now I’m sure you’ve heard all the bad news…
Recession, depression, record high foreclosures, record
high unemployment, the mortgage crisis, bank failures,
blah, blah, blah…
But instead of buying into all this negativity (which will
make it much more difficult for you to achieve anything
positive)…
…I’d like to share with you exactly why the last couple
of years have been my best ever financially… and how
you can Recession Proof your life and your business…
***3 Ways To Recession Proof Your Life and Business***
1) Never Speculate – If you’re not sure that your investment
will give you Positive Cashflow / Passive Income, and you’re
simply betting that it will go up in value… Then you’re
a Speculator, not a “True Investor”…
…True Investors only purchase below market, Positive
Cashflow Investments that put money in their pocket
every month like clockwork…
This is so important, because if you’re getting Positive
Cashflow / Passive Income every month then you will
never need to sell…
Why would you, you’re making great money every single
month… So if the value of your asset goes up that’s just
a great added bonus.
2) Never Rely On A Job – If you rely on a company or
someone other than yourself, (especially if this is your
only source of income) then you may be at the mercy
of someone else, and not have total control of your
financial future…
If you have a job right now that’s okay…
In fact, you can take advantage of this right now by
using your steady, on the books income, to qualify
for a loan easier… This will help you get some great
leverage on the purchase of your Positive Cashflow
Properties…
…As you continue to acquire more assets, eventually
you’ll have enough Passive Income for you to leave
your job and do whatever you like…
(Or stay in your job if you like it and have 2 full time
incomes coming in!)
*** I do want to issue a bit of a warning here…
If you currently have a job and this is your only source
of income right now…
…Then you should really feel a sense of urgency to
take action and start setting up some Passive Income
streams for yourself as soon as possible.
3) Simply Decide That You Will NOT Participate In The
Recession – Just about every personal development
book or program preaches that…
YOU GET WHAT YOU FOCUS ON…
Take a moment right now and think about what you
have been focusing on lately…
Have you been thinking “This economy stinks, it’s
so hard to make money in this market?”…
Have you been having conversations with people
about how bad things have been?
If so, then you’ve been focusing on the negative, and
that’s why you probably haven’t been getting very
many positive results…
Think about it… How could you have made a lot of
money if your belief system told you that you
couldn’t make money in this market?… It’s simply not
congruent…
On the other hand when you wake up everyday and
focus on all of the Positive things in your life…
You are grateful for everything in your life, and you
are confident that you can take advantage of the
opportunities and you’re going to make it no matter
what it takes…
…Then it’s pretty much inevitable that you’re going
to make it…
Go for it, I believe you will make it…
Wishing you love, happiness, health, and prosperity…
Doug Fath