(http://www NULL.flickr NULL.com/photos/92024390 null@null N00/3592189)Tsunami Is Coming
I always like living on the east coast as it presents so many advantages for business and personal growth. The only thing I really don’t like is the weather which can be so cruel at times most especially down south throughout the hurricane season. No matter where you live down there, if you’re on the coast you always have the pesky feeling that it’s just a matter of time before you get shattered by a harsh hurricane.
Anyway, there is a reason why I raise this up: Just like weather hurricanes or any weather disturbances… there are financial hurricanes, too — which can happen any time and (if history is any indication) unleash miseries galore on the unprepared. And in the light of what is happening right now in Japan, you can experience financial tsunamis too.
Here are some ways you can fully prepare for them and hopefully shield your interest. Anybody who is really sharp and entrepreneurial can always make great profits during difficulties. A disaster to another can turn out to be your dream maker. So here are seven steps you can take to shield yourself from financial meltdown:
1. Multiple Income Streams. Having just one income stream can be dangerous in today’s economy. If that’s you, then you must consider building a second (and third) one as fast as humanly possible.
2. Think Negative. I’m talking about this wise old adage: “Hope for the best, expect the worst.” That may make some of the more “militant” positive thinking gurus weep and gnash their teeth. But it’s a great way to prepare yourself for life’s curve balls.
3. Stay Awake. Opportunities are circling right now. If you’re awake and watchful, you’ll see them. And when you meet then you can ride it to your advantage.
4. Don’t Depend On Politicians or the Government. Leaving your fate to a politician (or party) is a very bad idea. In fact, this is a great reason why so many people are broke and financially troubled.
5. Be Knowledgeable On History. Do you know that there were so many smart folks who got rich in the last depression? It is not because they scammed people but because they saw opportunities which ordinary people at that time just ignored. Find out what they did, and then rinse, lather and repeat. Big hint: almost all of those smart individuals started their own business.
6. Hone Your Skills. Famous negotiation expert Jim Camp said it best: “The more effective we are, the more respected we are.” And the more respected you are, the more opportunities would be coming your way. Good deals often chase people who excel at what they do – definitely not the other way around.
7. Learn To Sell or Market. If you wanted to be successful, then learn the intricacies of marketing or selling. There is no doubt that selling is the world’s highest paid profession. Expert marketers or sellers are always in demand and could demand the things they want.

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