Blog Archives
The Coming Divide: Where Do You Fall Along the Line?
In a previous post I discussed the Coming Divide, which highlights the bold dividing lines wealth and income plays in our society. If you have not read it prior to viewing this post I encourage you to do so. The reality of our nation is that it is owned by a few hands, 10% of the total population if we are speaking statistically. Further expanding on this control, this 10% holds over 90% of the financial wealth in this nation. That is a mind-boggling statistic to fully comprehend. What makes these statistics even more daunting is the reality of the ever shrinking pie that the majority are left to eat from. Just so we understand, the majority is those of us who are not fortunate enough to be included in the coveted 10%. We all know that the Great Recession was fierce and its damaging impact was great, but where was the most damage inflicted? Read the rest of this entry
An Examination of 2012
The year of 2012 seemed to be a year that had a lot of great promise but sharply fell flat in delivering any generous returns on such promises. Our so-called leaders have increased their bickering and unwillingness to compromise, it seems the citizens of this country have gone mad and our push towards stability and progressive growth has stalled. Going into 2013 looks like the bad we were in is only going to get worst. That in itself is a very scary thought to ponder. Read the rest of this entry
Creating Value For Your Consumers
The marketplace in which many businesses operate within has become fiercely competitive due to the decreased consumption patterns of consumers. As consumers become more hesitant about how their money is spent businesses likewise mimic the same behavioral patterns. The problem with this though is that businesses cannot operate in this manner because it does not resonate well with consumers. As a business you operate in order to make a profit; consumers consume in order to satisfy specific needs and wants. If consumers feel that they are being given low quality products and services they transition their consuming patterns elsewhere. Businesses on the other hand cannot just reposition their consumer base instantly without suffering numerous setbacks which can be very costly. This means that businesses must truly create value for their consumers especially during these challenging times in order to remain competitive amongst the varying options competitors present to consumers. Read the rest of this entry
The Coming Divide
The world we live in today is very fragmented and divided. We are divided in our ideology, in our educational attainment, in our societies but probably most importantly in our wealth. Money, wealth, finances and social class are very discussed words in the world topics of today. These words point to the growing issue we all nearly face, not only as a nation but on a global scale. To say it plain and simple, “the rich continue to get richer while the poor get poorer.” Read the rest of this entry
Why a Diverse Income Stream is Needed
If you are dependent on one source of income I highly recommend that you discontinue the habit. In today’s economic environment, the volatile nature of uncertainty leads to the disruption of the normality in which people are accustomed to living within. That means when something is seen as normal it becomes a part of your natural function, leading you to believe its process is unchanging. Since we are talking about income; I will describe how careers and jobs become an illusionary trap in which people become fooled by their outward perception of stability. Read the rest of this entry
Is Pursuing Entrepreneurship Worth the Time & Effort?
Creating something out of nothing can be extremely difficult and frustrating, especially when you are giving it your all. You are aiming high for results but constantly come up short when your anticipated expectations are not met. The frequent lows of failing setbacks can become a dragging a weight that leaves you feeling exhausted and defeated. Once the feeling of defeat sets in you lose purpose and when you lose purpose you allow setbacks to control your mindset. When a mind is corrupted by defeated thoughts it loses the ability to process positive vibes which in turn voids the ability to produce positive activity. That is what makes entrepreneurship such a difficult venture; it pushes you to the limit physically, emotionally and mentally. So why even pursue such a challenging journey in the first place? Read the rest of this entry
Unemployment, Low-Wages & Entrepreneurship
CNN Money recently had an article posted on its website called “The low-wage jobs explosion.” The article basically explained how the resurgence in the job market has largely been fueled by low-wage jobs. These are the type of jobs that can barely, if at all cover the basic necessities for one to live comfortably. Matter of fact let’s take out the word comfortably and just say to maintain a reasonable standard of living. This means a continual erosion of the middle class is occurring in our American society. As the middle class is progressively shifted downwards, government assistance is elevated in order for people to acquire the basic goods and services no longer afforded to them. And this is just low-wage jobs we are talking about so take into account the impact that unemployment is having on our overall economy. Read the rest of this entry
Is the Recession Causing You Depression?
If you have been watching the news lately and listening to different indications on where the economy is, you can most likely come to one conclusion. It sucks! And it is sucking the enjoyment of life right out of many people. The Great Recession happened almost four years ago but what must be remembered is that it was a disaster in the making that developed over a long period of time. The joyous period prior to our current status seems to be over for most and now the realization of “what next” begins to resonate. What usually happens when people have the time to pity in their woes is depression, better known as the inability to move forward. Read the rest of this entry
Can Entrepreneurs Create Enough Jobs?
As many of you may know, we will be voting in November to elect a new president or voting to have our current one stick around for four more years. Now I do not want to make this a political post but have pointed out this fact because two issues will be of critical importance during their campaigning process: the economy and job creation. These are two issues that everyone wants answered but contrarily produces answers that everyone does not agree with. Ideas and opinions tend to cause those type of reactions though because everyone does not have the same experiences or views as to how the world should operate. This is where we come to those people who hold certain ideas and viewpoints and see to it that they are put into motion in order to provide a solution. These people can be your political leaders, your corporate leaders, your community leaders or those we call entrepreneurs. For this post we will focus on those called entrepreneurs. Read the rest of this entry
Allergic to This Economic Climate
Today’s economy sucks for most people who live within it. The economy was in a downward spiral beginning in 2008 and now has stagnated without seeing any significant growth or improvement. For most people this economic climate presents a challenging situation that inhibits their ability to live the “American Dream” on America’s own soil. Once the downturn hit it spread from person to person, business to business and state to state creating a paralyzing environment that restricts positive opportunities from being realized by most. The problem that is then produced is lost confidence and with lost confidence comes collective reasoning on why not to try hard and just give up during these tough times. Read the rest of this entry
