Economics

The problem with money is it SUCKS. Right now as a country we're struggling with our economy, but we're not alone. Europe is struggling, Greece in serious trouble specifically. I was told not long ago that if we were asked to pay the amount of money we as Americans would be responsible for if we had to pay off the country's debt tomorrow, it would be roughly over $700,000.

That's a lot of money. Seriously. I don't know if i'll see that amount ever in one year, there's a small percentage of Americans who do. Yeah we see the millionaires and billionaires on tv talking about how amazing their lives are, and how they got there, but I can't say everyone is going to be wealthy. I can say we all want to try.

Rule One: 1've learned you have to spend money to make money. Right now our stock market isn't doing well because people are afraid to spend money. They're "saving" which is causing other people's jobs to falter or employees to be nervous when businesses aren't doing as well.

Rule Two: I've learned that everyone likes something that looks pretty, but a loyal customer will buy something that works consistently. Selling a customer a product that will break will change that customer's mind immediately regardless of the look of the product.

Rule Three: Innovation. Look at Steve Jobs with Apple products. Change your thinking, change the world.

This actually applies to the music industry. Musicians get signed to the record label, the record companies pay so much for the recording studio, the advertisements on the music, the radio stations. But what if one small change could save money and put it back into the pocket of the musician?

Answer: Learn the technology you have and use it as much as you can. Getting discovered in a country where everyone wants to be discovered makes for a lot of people only paying attention to what is given to them. So give them something to look at, and people will start paying attention. It applies to most every business.

Just a lot of food for thought. Have a nice week