When life hands you lemons, make lemon meringue pie. Why settle for lemonade?
Most millionaires that were self made, were made when the markets are down. Take the Great Depression, more people became millionaires during this time than in any other time in American history. An economic downturn is a good time to start a business. Start-up costs are much lower in a recession than in boom periods. Savvy entrepreneurs positioned themselves for when the economic climate improved. Plus, businesses that were running poorly and causing a drag on that industry finally called it quits leaving room for the more efficient companies.
Rocky Balboa will tell you, it’s not how you get knocked down, it is how you get up. The good business people consider these times as when not only to get up, but to shoot up. Costs are down, and sellers for goods of all kinds are working deals to get rid of inventory. It applies to all industries. This is the time to make the absolute most of out what is out there. Lemons are cheaper now, and pies are better than juice!
So, where do you want to be, flat on the mat, or raising your gloves in victory?
-To quote Mick, “Go get ’em, Rock!”