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September 17, 2007

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In this issue: Antidote for economic slowdown

by Eric Albertson

Economic slowdown: two of the scariest words in the English language.

I grew up in a family of very modest means. My mother had a good job as a school teacher, but my father presided over a failed entrepreneurial effort. We technically went bankrupt. I say "technically," because my folks never filed.

Instead, they paid back -- over about 20 years -- every cent of the money, including interest, to the people who backed my father. The result of this was that there never was much left for doing the things that most people took for granted in life, even then.

My response was to get busy. At eight, I had a paper route. I have been at it with a passion since. Every year since then, I have made a little or a lot more money than the year before. From an early age I knew that, "If it was to be, it was up to me." Or, as my mother would say, "Your extremity is God's opportunity." Yes indeed.

The words, economic slowdown, are very scary for anybody with a realistic view of life. The key is simply to not let the economic slowdown, which Alan Greenspan says is on its way to our economy, slow you down.

Economic slowdowns are very hard on the folks who sit back and remain passive as circumstances shift. If you get busy, it is very reasonable to have some of your best years while everyone else is moaning and groaning about how awful it is.

If an eight-year-old can get busy, there is no reason you can't do the same, even if there is no economic slowdown on your horizon.

Mark Joiner is viewed -- rightly so, I believe -- as one of the true innovators in marketing and the Internet. Mark has traveled the world doing workshops about succeeding in business online.

In each of these workshops, from what I have seen, and from what I am told, he asks everyone who owns a copy of Napoleon Hill's amazing book, Think and Grow Rich, to stand up. Next, he asks everyone who has not read the book to sit down. Typically, half the group sits down.

Eventually, he asks everyone who can't tell him what is on page 36 (which Mr. Hill says you must do every day, if you are truly committed to success) to sit down. In almost all programs, I am told, everyone sits down.

Mark Joiner, I suspect, is rich beyond most people's imagination, and yet he follows Napoleon Hill's recommendation for success religiously, to this day.

Economic slowdown may or may not be in our future. Frankly, for readers of this newsletter who put what we write about into action, it really won't matter much. All you have to do is take a little action and keep reading and you should sail through while others struggle.

I'll save you a trip to Amazon.com or the bookstore and reveal what Napoleon Hill wrote on page 36 of Think and Grow Rich. (You can get your own copy of the book, at no cost, at this Web site: http://www.frankfurness.com/freeebooks/think-and-grow-rich.pdf.)

Here is what Mr. Hill wrote:

The method by which desire for riches can be transmuted into its financial equivalent, consists of six definite, practical steps:

First: Fix in your mind the exact amount of money you desire. It is not sufficient merely to say, "I want plenty of money." Be definite as to the amount. (There is a psychological reason for definiteness which will be described in a subsequent chapter.)

Second. Determine exactly what you intend to give in return for money you desire. (There is no such reality as "something for nothing.")

Third: Establish a definite date when you intend to possess the money you desire.

Fourth: Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.

Fifth: Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it.

Sixth: Read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning. As you read, see and feel and believe yourself already in possession of the money.

It is important that you follow the instructions described in these six steps.

It is especially important that you observe, and follow the instructions in the sixth paragraph. You may complain that it is impossible for you to see yourself in possession of money before you actually have it. Here is where a burning desire will come to your aid. If you truly desire money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it. The object is to want money, and to become so determined to have it that you convince yourself you will have it.

Courtesy of http://www.frankfurness.com/freeebooks/think-and-grow-rich.pdf

Happy Monday, September 17, 2007

Eric Albertson
Portland OR

eric@succeedinginbusiness.com

(503) 635-2319

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Succeeding In Business helps commission-dependent individuals and leaders of organizations that are seriously committed to enhancing their ability make more money, while working less.

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Eric Albertson
SucceedingInBusiness.com
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