J.K. Rowling is the author of the best-selling harry potter book series and in a recent interview with Oprah she said “money frees you” I thought this was an interesting thought and wanted to talk about it and share my thoughts.

What do you think? Do you believe this is true?

Leave your comments below…

David

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The recession or depression or economic downturn is a funny thing to me.  It’s honestly funny, you can call it what you’d like but whatever you call it is not what you really think it is! today I am going to explain what happens during a “bad economic time” and where the money goes.

When you think of the economy being in a bad spot where do you think all the money goes that is “disappearing”?

When you think of a “bad economy” you think that money literally disappears don’t you! It’s hard not too…

I mean… where does all the money go? it’s not like people are burning it in the streets! people aren’t throwing money away!

So why are people losing their jobs and why does it seem like there is a “lack of money” in a down economy?

In this blog post today I’m going to attempt to uncover what I believe and what I think is happening, I have no idea! and I could be completely wrong but it make’s sense to me and might to you as well!

Why does a company have to lay people off? that’s what seems to start these economic downturns doesn’t it?

When companies start laying people off and there are more people getting laid off it seems to be a bad economy.

Companies lay people off because their profits or business are decreasing (in most cases) and they need to cut back in order to keep their business running and profitable.

So why are the sales bad? why are sales down? why are they dying instead of growing?

It is my belief that you are either growing or dying.  One of the two, no other choices.  You are either growing or dying in life, in your business, in your relationships and in everything else.

In my opinion the reason companies are dying and laying people off is because of this BIG reason.

They aren’t Innovating fast enough.

Now let me help you understand what I am saying because it is very profound and as an entrepreneur if you grasp this concept you will make BOATLOADS of cash in this “bad economy” while everyone else is crying and bitching!

THEY are not innovating fast enough.

Ever wonder why the newest/greatest/fastest/coolest/nicest/smallest/biggest/uniquest companies make the most money?

They are the MOST innovative companies on the planet, they create things that make people say “WOW” I gotta have that!

Companies like apple, google, facebook and thousands more are doing this everyday and are thriving and continuing to grow.

Emulate them and make more money in a recession than you ever thought possible.

So how do you innovate and become the company everyone runs to instead of runs away from?

You think, then you think some more.  Once your done thinking pick up your pen and notebook and write some stuff down… brainstorm.

Then think some more… brainstorm…. mastermind… run the idea by some people and then think some more.

The only way that innovation happens is thinking “How could this be better, faster, smoother, easier to use?”

Ask yourself that question in your business/market and you will make a fortune and move into a leadership position in your industry.

That’s it for today! I got a lot to do so please share this post and comment until next time!

David King

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I watched this the other day and wanted to post it on my blog because I was amazed at how much wealth there is in america.

There are 49,000 people with a net worth of 50-500 million. That surprised me, I didn’t realize the number was that high.

Share your thoughts on this by commenting below.

Please share and connect with me on twitter, facebook or linkedin!

David King,

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It constantly come’s to you and it constantly leaves you…

The question is…

“Is it constantly coming to you without working?”

“Is your money working for you passively? or are you working for money passively?”

That’s what you want! Passive Income!

See ya soon!

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David King

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