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I read an email the other day that referenced the most absurd article .
The End of American Capitalism?
Come on.
Sure, it’s no surprise that the media has been all gloom and doom when it comes to the economy.
The stock market just last year was at a 14,000+ high point and today is now at around 8000…almost 50% less!
Sure it’s sad that lots of people have lost their jobs and some have even seen more than half of their retirement washed away.
But let me explain why you shouldn’t panic.
See, most people are programmed to see the glass half empty.
So they miss out on the half that is FULL. They fail to recognize the opportunities that abound and exist in these type of conditions.
Let’s take the stock market for example and a company like General Electric.
Last April 2008 it was worth $400 Billion. Today? $120 Billion.
So the person that sees the glass half empty will cry "Boo ha ha" and go hide his money under the mattress.
The person who see the glass half full will see OPPORTUNITY and go buy hundreds of companies at ridiculously low prices.
This is just one example. Same thing is happening in real estate and lots of other places.
So, the end of American Capitalism you say?
Well I say boloney!
As long as entrepreneurs like you and me, continue to see opportunity and CREATE solutions for problems people are willing to pay money for – American Capitalism will continue to be alive and well.
The entrepreneur is the solution. People willing to imagine and create products, services, or charities that make other peoples lives better.
It’s because of the american entrepreneur that I have hope. Hope in me, hope in YOU, and hope in America.
Believe in yourself and what you are capable of doing.
I AM an entrepreneur, are you?
