posted on Sep, 26 2011 @ 10:49 AM
Should Entreprenuers FEAR recession?
The answer is NO, if he is living in a democratic capitalist society.
The ONLY ONES WHOM FEAR recession, are the cartels and the monopolies.
In good times, they were the ones whom sets the prices, push wages down, demand productivity, offer low quality products to fuel further purchases and
profitted MIGHTILY. Then they hoard up their obscene wealth, spending little, circulating nothing
But once recession comes, money from the masses stops circulating. Their profits drop, so they will cut loses by retrenching employees. Worse, they
spread fear amongst societies, for they have nothing to lose, as they have no orders anyway, so lets all die together.
However, the truth is that in Capitalism, the market place is only for the bold. And ONLY the bold will survive, no matter what the situation the
market can be. When 'too big to fall' monopolies crash, it only opens up the market place for the more enterprising entrenuers whom can serve
mankind's need better.
When recession comes, and the masses hold backs spending, thus it is more critical time for the enterprising entreprenuer to come out with better
marketing strategies with COMPELLING and quality products/services to pry the money out of the masses willing hands.
No matter what the situation the economy is at, regardless if a tech recession or full blown depression, mankind still have needs to be met and
Earth's resources is still bountiful, more so with our new advance tech to tap or manage them.
No human will willingly let himself or his loved ones starve. He may forgo that IPAD, but he sure aint gonna miss even at least one meal a day, or an
apple a day to keep the doctor away.
And there lays the enterprenuer's capability to offer his products to that human that meet his needs. And once the dollar is pried loose, it WILL
circulate, enriching others along the way. Buyer -advert, marketing - seller - middleman - supplier/transportation - production - farmer.
There are close to 7 billion humans with needs to met daily. The winner will be the entreprenuer whom can meet their needs CONSCIONABLY and SHARING
wealth with all, and needs not fear any recession or depression., or any other fear mongering manmade constructs of doom. Be always guided by human
needs and Earth's bountiful resources, as well as a thinking mind to serve those needs.