Darren Hardy - Tuesday, March 3, 2009 9:22 - 80911 Commentshttp%3A%2F%2Fblog.success.com%2Frecession-new-wealthy%2FRecession+Gives+Rise+to+the+NEW+Wealthy2009-03-03+14%3A22%3A34Darren+Hardyhttp%3A%2F%2Fdarrenhardy.success.com%2F%3Fp%3D681

Recession Gives Rise to the NEW Wealthy

Strike while the iron is hot!

THIS IS the time of greatest opportunity for entrepreneurs.

I am serious – you need to heed this call to action. This is not some Pollyanna, head-in-the-clouds statement – this is a fact of history.

“Old money” failures give way to “new money” opportunities:

Every so often our capital structure “purges” and the existing deck of power, those holding and controlling the wealth, gets reshuffled. Those once-dominant institutions with existing critical mass, whose tentacles are deeply entrenched throughout the supply chain, controlling the market, get busted up.

I’m sure it also seemed like a terrible “crisis” when the dinosaurs died out – NOT for the smaller animals, that’s when they flourished! Pay attention… those that once ruled the earth are dying out and the top of the market kingdom is wide open!

Some of the greatest companies of our time were born during recessions or depressions:

Hyatt Corp., Sports Illustrated – recession of 1950s.
Microsoft – recession of 1970s.
CNN, MTV – recession of 1980s.

16 of 30 Dow Companies – started in recession or depression.
Procter & Gamble, Disney, Alcoa, McDonald’s, General Electric and Johnson & Johnson.

See a Video on: Why Now?

New problems for entrepreneurs to solve:

Additionally, these economic shakeups create problems and social shifts. Problems are the food of life for the entrepreneur. The basic formula for entrepreneurialism is Continue…