How to Survive a Financial Crisis

Financial Crisis If you want to know how to survive a financial crisis then you’ve come to the right place. Before I give you the secret I want to share a story with you.

This morning I went to the dentist to have my teeth cleaned. Of course I only saw the dentist for a few minutes. The rest of my time was spent with Gerry, the hygienist. She’s a great woman and loves to talk.

Before I knew it, we were talking to about the financial crisis and she was asking me how to get through it. I started talking about index funds, balancing your portfolio, regression to the mean, no load mutual funds, FDIC, and more. Then there was a deer-in-headlights look and I felt bad. At that moment I realized that she was very afraid.

Then something amazing happened. She asked if I would look at all her investment portfolio; Gerry was heading to “her guy” later in the day so the documentation was out in her car. She literally ran to her car and grabbed her IRA and investment information for me to look at. (It’s true!)

It’s astounding what people will do during a financial crisis. Fear is a powerful driver. Losing a huge chunk of your retirement in 2-3 days is painful. Fear and pain also drives unusual decisions, like people sharing intimate financial details with each other.

I told you this crisis story because it sets the stage for how I feel about it all. Like many people, I have a balanced portfolio, personal savings accounts, bonds, and more. And, like you, I care about my financial situation and the shocks in the stock market.

But –

I’m not as worried as most people. I’m going to share a secret with you. It’s something that will reward you forever if you really take it to heart and take action.

I’m very calm these days because I know that I can sell. Yes, I’m a salesman. This is very powerful and drives peace and harmony with my personal finances.

If you can sell, you can always survive. If you can sell, you can lose all of your money and still pull down cash and feed your family and pay the mortgage.

“But I don’t like to sell!”

I hear you and I understand. If you don’t like selling, then first I have to say that you probably don’t understand selling. It’s not as dirty as you might think. Selling, when done right, is simply giving people what they want for a fair price. It’s as easy as a conversation. (It’s true.)

But there’s another piece of this secret. The second part of my advice is that you need to start your own business. If you run your own business then you can survive any financial turmoil as long as all your money isn’t tied up in the stock market. It shouldn’t be!

When you own your own business you are completely in control. You can’t control the market or your customers, but you can survive dark times. In fact, when things are grim you are best positioned to strike out on your own. That point is worthy of it’s own blog posting but it’s true. You can take that to the bank.

So, in short, if you want to make it through tough financial times then you need to sell. You need to embrace the power of marketing. If you don’t know how, start learning today. Secondly, start your own business and focus on sales. Be sure that those sales translate to profits, not just pure revenue. Make money and grow.

Need more help?

Here is some specific advice on how to make money online with internet marketing. You can easily start selling for high profits today.