Here’s a joke I’ve been holding onto for the past 4 years:
Q: What does Bernie Sanders and chlamydia have in common?
A: They both travel from campus to campus making young people feel the Bern!
Ok, enough with the jokes... here’s something completely serious:
Though I’m far from a “doom n’ gloom type”, the recent gurglings in the political bowels has given me pause. Specifically in terms of economics.
Now what I’m about to say might not be the kindest or the most politically correct or sound like the typical Politricks soundbite. But put simply, here’s the predictions of a self-avowed political ignoramus…
I can see it going one of two ways:
1) Trump gets re-elected and at some point in the following year or two an economic downturn hits. Trump cuts welfare which causes widespread turmoil (especially in cities like L.A. which from now on is dubbed “Hell A” where homelessness and poverty is rampant… not to mention the gang violence fueled by drugs and guns). This “Zombie-like horde” will spread and devour everything in its path, eating up all your assets that aren’t protected by a bank vault.
A bit too “walking dead”? Perhaps. But it’s not out of the realm of possibility. At least not on a small scale. Crawling right along…
2) Our pal Bernie gets elected and immediately begins implementing taxes, restrictions, and other economic regulations designed to wrap cold, bony fingers around the throat of business. Which certainly means less discretionary consumer spending, less investments in business (for those who sell B2B), and possibly, even regulations coming to the internet marketing world.
Now this isn’t in support of one candidate, party, or belief system.
In fact, I find all Politicians to be blood sucking monsters (that's why they call it Poli-TICKS).
What this is in support of is you making your fortune BEFORE the economic downturn. Before internet marketing gets slapped with cumbersome restrictions… before taxes become so heavy they prune the roots out from under you… and before those without a pot come p!ss all over your crops.
And if you don't believe anything bad will ever happen, that's fine. Continue living in your fantasy land. But you're no longer an "unwilling victim", so don't come crying to me when the doo-doo man hits the fan.
One more thing:
Despite my rhetoric, I don’t hate poor people. In fact, I think “less fortunate” is the accurate description. Because I don’t blame people for being poor. I think people are poor due to a variety of factors:
Parenting, culture, health, IQ, role models, belief system, and a zillion other subtle and not-subtle influences that are mostly out of our control.
That’s one of the reasons I spend so much time studying and teaching about the aspects we can control.
How to create a business that gives “annuity-like” streams of income. And once you do that, how to set up side gigs to diversify your bonds (as the great GZA/Genius once said).
In closing, I’ll leave you with this:
If you really want to help those of us who are less fortunate, you’ll make as much money as possible before these economic gurglings turn into full-blown dire-rhea. Because when you have more money and more time, you’ll have more energy, influence, and control.
Which means you can help those who most need it. And this goes beyond your political persuasion.
Making a fortune is a non-partisan issue. So hop on it while you still have the chance.
To get me on your team writing emails before the “Gulag-like” crackdown, hit ‘reply’ and give me your project details. If you’re unsure, I can help you get clear in the free consultation I give every prospective client.