"Those who apply themselves too closely to little things often become incapable of great things." Francois de La Rochefoucauld

Showing posts with label economic condtions. Show all posts
Showing posts with label economic condtions. Show all posts

Tuesday, March 18, 2008

The Bear Opportunity

The Bear Opportunity
Category: Life

Circa 1519 Hernan Cortez conquered the Aztecs. He is said to have established the town of Veracruz and to have marched on the Aztec empire of half a million with an initial army of 500. The begining of the campaign was solely to lay the groundwork for a town on the coast of Mexico. His ambition however had been from the very begining to seize Tenochtitlan and the many supposed riches of the Aztecs.

He lives in infamy for the amazing conquest and for the means employed to rally his 500 men to victory. Cortez employed a method of war known as the ’no-return’ tactic. To eliminate any second guessing of his men of the the possiblity for victory, Cortez had his ships destroyed! Thus, not giving himself or his men a means for retreat. Such conviction of action rallied his men and gave them a win or die mentality that led to the amazing demise of the Aztecs.

The goal of most endeavors revolves around victory in some form. Victory at times requires eliminating easy escape options that force us to win no matter what. Cortez new this and employed the tactic to win. Having had an escape route would have created an option to retreat. Being forced into only one option sparked primal energy, conviction, and creativity to employ a means of victory.

The current turmoil in the financial markets can be compared to a ’no return’ circumstance. There is no option but to succeed. Although Bear Stearns recently lost billions within a weeks time, life goes on. The option to overcome the debackle exists. Famous investor Jesse Livermore became wealthy during the Great Depression by shorting the Dow Jones.

Examples of success during turmoil are as old as written record. The way to victory through turmoil is to envision a win or die scenario, and summon all of ones faculties to execute. By not giving yourself an easy out you force your mind to figure it out and navigate your route to greener pastures.

- Angel Armendariz

Thursday, August 9, 2007

Wall Street Market Chaos and What That Means to Home Owners

Wall Street Market Chaos and What That Means to Home Owners

The end of the housing boom has given way to the long predicted housing bust.
The Wall Street spectacle is playing right before our eyes through television and all major media outlets. We're hearing things about the credit crises in the secondary market sectors, which also effects most other U.S. industries.

The Wall Street Journal reported today that Paul Kasriel of Northern Trust stated,
"Housing's going to stay in a recession and it's starting to spread to other parts of the economy, especially the consumer sector."

How does this effect consumers across the U.S.? More urgently, how can we minimize the effects of the housing crises?

The answer seems to be to provide information and resources to help homeowners understand what is going on and what they can do.
The information seems to be ambiguously scattered, and difficult to come by. Green Castle Group LLC, a consulting & Sales Training agency in San Antonio, TX;
has recently released a free guide for Homeowners. The guide is provided as a service to the community in hopes of alleviating the pressure felt by homeowners
during these uncertain times.

The two owners of Green Castle Group LLC, Angel and Eric Armendariz worked in the mortgage industry in Boston, MA; before moving to San Antonio to start-up a Consulting agency to improve sales performance for Corporations and Organizations.

The e-book is a resource for all homeowners, that includes,
pertinent information for protecting homeowners in this critical time of need. The e-book is available free of charge at their website http://greencastlegroup.com/.

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"We are all in Sales. Period." - Tom Peters