"Equipping you with Biblical wisdom to win in the marketplace."

Unannounced Bank Holiday…

October 8th, 2008 | Michael Q. Pink

The UK Telegraph is reporting that we face “extreme danger” in the financial sector on a worldwide level. They say that without “immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.”

Germany has their own version of Lehman Brothers weakening their country and Chancellor Merkel had to guarantee all German savings to stave off panic as did Ireland. Netherlands is nationalizing their banking system. Ireland and Greece have had to rescue all their banks. Iceland is facing a collapse similar to what Argentine experienced and the US commercial paper market was virtually shut down. With all these things going on, there is talk about an unannounced bank holiday which would mean no access to funds for awhile. Probably won’t happen, but if it did would you know how to survive in that kind of chaotic environment?

I’m going to bet against that happening for now but we are definitely coming through the gate into a new economy with a new landscape and new rules that we are all rather unfamiliar with. For those with eyes to see and ears to hear, there is opportunity in crisis. Blessed are the peacemakers who know how to calm the storm or at least navigate through it for they shall be called problem solvers and children of the Most High God.

So would you like to know how to do business without money? Try the Brazil Nut Effect. I write extensively about it in my new book which is getting early rave reviews, Rainforest Strategy. It’s the concept of trading value for value instead of money for services or price for price as in bartering. What do you have in abundance that someone else would put a high value on? What do they have in abundance that you put a high value on? Learning how this process works is really quite simple but can literally catapult you forward in your business without spending cash.

I know whereof I speak. I once traded what I had in abundance (how to sell more products or services by asking more questions) for what one of the largest business magazines in the world had in abundance (advertising space). I provided my unique body of information in exchange for a full page ad that was selling at the time for $63,000 per issue. Our agreement called for multiple issues, making the value of the agreement a few hundred thousand dollars. What that exposure did for me, goes even further.

Here’s what I suggest you do. Check out the book here and order it now. We’re talking lunch money here. No big investment. Then read it and start learning how to function in the new economy like a rainforest – creating abundance from scarcity! Then tell me what you think…

One Response to “Unannounced Bank Holiday…”

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  1. Matt Says:

    A lot of people want to trade for our service (online registration software for conferences and volunteer management). We have found that it is important to do such bartering strategically.

    Everyone will have a different situation, but in our case, we make sure whoever gets our registration system in trade can create a connection to more potential clients. We have to. Since most conferences and events are put on by not-for-profit organizations, 89% of our clients are not-for-profits. They all want the system at no cost, but we can’t do that and stay in business.

    So, my experience is — just like the trade out with the magazine ad — barter with a bigger picture in mind whenever possible.

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