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John: That’s an excellent question Bob. I should’ve addressed that in my book. From your way, you framed that question to get a young entrepreneur who’s just coming on side? The first thing that I would ask will be is what is the incremental value of the business proposition that he/she dropped at the latest market? Almost certainly, most small businesses that start out do to not have an intellectual property that nobody else has. If you’re planning a retail store or a technology company, what may be that one thing that differentiates it, that one thing that’s really certain?
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The largest bankruptcy typically the history of America recently happened once the huge commercial real estate-mall owner operating company General Growth declared bankruptcy – roughly 5.7 billion dollar bankruptcy.the largest in U.S. history. To begin to understand this, Wikipedia lists the GDP of over 191 countries – 69 of which are smaller than this one bankruptcy. Search Wikipedia for global GDP or check out my rrnternet site.
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To fully appreciate what it might take on ignite financial meltdown, we must have to get a clear picture of where we are today. In case the economy was growing coming from a base of solid economics, this topic would be nothing additional than speculative thinking about. Morbid speculative contemplating about which I’d have no part. My faith would tell me to focus on what’s good in functional life. It still does, but my experiences, skill sets, AND my faith, mandate i write the things i see and allow you to decide this really means a person personally.