Just recently, major nations including the U.
S.
and Japan have confirmed that they are in the midst of an economic recession.
The vast majority of people are wondering what they can do to survive this dark time.
Others, a distinct minority, see immense opportunity in these economic times and find ways to build massive profit.
This article shows you 6 easy steps to profit during a recession.
Step 1 -- Change your thinking There are very good reasons why a recession should not be viewed negatively.
Understand that problems represent opportunities.
The more problems people have, the more opportunity you have to provide a solution.
Become a solution provider, and you become extremely valuable.
It has been said that the more value you provide to the marketplace, the more valuable you are.
The way you create value in the marketplace is to solve problems experienced by the marketplace.
Step 2 -- Select one problem Don't try to solve all of the world's problems at once.
You don't even have to pick a ridiculously complex problem to solve.
Start small and begin by asking yourself, "What problem am I facing?" Choose the problem that is most troublesome for you, but choose just that one and sketch out what the solution looks like.
Create the solution to your own problem and then offer it to others.
Step 3 -- Research Solutions Once you've identified a problem, determine what solutions are available for you to solve your problem.
Next, determine if these solutions are appropriate for your needs.
If they aren't, ask yourself, "What needs to be created to help me solve that problem?" Step 4 -- Create a new solution Create the solution that would best solve the problem that you are experiencing.
This does a couple of things.
First, it increases your personal power and helps condition you to be a problem solver.
Second, if your solution worked for you, there is a good chance that others could benefit from it as well.
Step 5 -- Offer your new solution to others Once you have the solution created and polished, it's time to get it out to the marketplace.
There are a number of great websites that show you how to get your product out to the masses.
Step 6 -- Identify bigger problems You've solved your own problem and even made some money dong it.
Now it's time to expand by identifying bigger problems.
Do this by asking, "What problems are my friends and family facing?" You can even go bigger by asking, "What problems is my community facing?" Continue to ask the question that identifies problems experienced by a bigger group of people.
Create a solution that solves a problem for a large group of people, and you become extremely valuable.
Most people are frightened by the word recession, but you no longer have to be.
Recognize the opportunities found in these economic times by applying the 6 steps above and you'll be profitable no matter what the economy is like.
S.
and Japan have confirmed that they are in the midst of an economic recession.
The vast majority of people are wondering what they can do to survive this dark time.
Others, a distinct minority, see immense opportunity in these economic times and find ways to build massive profit.
This article shows you 6 easy steps to profit during a recession.
Step 1 -- Change your thinking There are very good reasons why a recession should not be viewed negatively.
Understand that problems represent opportunities.
The more problems people have, the more opportunity you have to provide a solution.
Become a solution provider, and you become extremely valuable.
It has been said that the more value you provide to the marketplace, the more valuable you are.
The way you create value in the marketplace is to solve problems experienced by the marketplace.
Step 2 -- Select one problem Don't try to solve all of the world's problems at once.
You don't even have to pick a ridiculously complex problem to solve.
Start small and begin by asking yourself, "What problem am I facing?" Choose the problem that is most troublesome for you, but choose just that one and sketch out what the solution looks like.
Create the solution to your own problem and then offer it to others.
Step 3 -- Research Solutions Once you've identified a problem, determine what solutions are available for you to solve your problem.
Next, determine if these solutions are appropriate for your needs.
If they aren't, ask yourself, "What needs to be created to help me solve that problem?" Step 4 -- Create a new solution Create the solution that would best solve the problem that you are experiencing.
This does a couple of things.
First, it increases your personal power and helps condition you to be a problem solver.
Second, if your solution worked for you, there is a good chance that others could benefit from it as well.
Step 5 -- Offer your new solution to others Once you have the solution created and polished, it's time to get it out to the marketplace.
There are a number of great websites that show you how to get your product out to the masses.
Step 6 -- Identify bigger problems You've solved your own problem and even made some money dong it.
Now it's time to expand by identifying bigger problems.
Do this by asking, "What problems are my friends and family facing?" You can even go bigger by asking, "What problems is my community facing?" Continue to ask the question that identifies problems experienced by a bigger group of people.
Create a solution that solves a problem for a large group of people, and you become extremely valuable.
Most people are frightened by the word recession, but you no longer have to be.
Recognize the opportunities found in these economic times by applying the 6 steps above and you'll be profitable no matter what the economy is like.
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