Monday, June 16, 2008

Energy vs. Wealth Equation – which side are you on?


The Wealth Energy Equation states that when energy costs change so does wealth, but this equation does not create the same results for everyone. For most people when the cost of energy increases their wealth decreases. We are seeing this today as a result of the recent energy crisis.

There are other companies that do better during depressed economic times – they are called recession proof industries. Supermarkets, Hospitals, and other industries which are linked to our survival are recession proof industries.

For the rest when the cost of energy goes up so does their wealth. Clearly companies involved in the sale of energy are experiencing exponential growth in wealth. There are other companies which are called recession friendly companies.

So during times of economic down turns it makes sense to look for ways to switch to an industry that is either recession proof or recession friendly.

One of those industries which is recession friendly is network marketing. During economic down turns like we are experiencing right now network marketing is a way for someone to create secondary income and therefore more people join in times like we are experiencing and more people become economically stable and economically secure.

What is more important is those who take action during those tough times, most just to get by, have more opportunity to emerge once we are economically stable with a monthly recurring income for an extended number of years regardless how much effort they put into their business when the economy stabilizes. People who took advantage of building a secondary income during the 70’s when we are in the worst recession since the depression and again in the late 80’s when the housing market collapsed were able to walk away from both of those economic recessions with a sustained income for many years to come because they had such a large group volume that people continued to purchase month after month and year after year.

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