Over the last 5 weeks, three US banks once worth a combined $53 billion have crumbled.
The government wants us to believe this situation is contained…
But if you ask JPMorgan Chase CEO, Jamie Dimon…
He’ll tell you it’s far from over.
In an annual letter to shareholders released yesterday, Dimon warned:
“The current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come.”
Now, don’t worry…
This isn’t one of those “the next Great Recession is coming” emails.
Quite frankly, it could be. But I don’t think so.
Things don’t look as bad as they did in 2008.
So hopefully it doesn’t get there.
But the question you need to be asking isn’t, “Will the financial system collapse?”
What you should really be asking is…
“How strong is your business and cashflow?”
Are you prepared to withstand continued inflation, rising interest rates, and a cratered economy?
After all, the issue that plagued these banks is one any business can face:
Put simply…
Cash Outputs (costs) began to equal or exceed Cash Inputs (profits, deposits).
I.e. their income fell below their expenses.
And it was driven by the same rate hikes and economic conditions we’re all subject to.
So…
If a nightmarish balance sheet meltdown like this can happen to huge banks run by brilliant people who manage money for a living…
How vulnerable are you and your business?
Unfortunately, you and I must face 3 brutal facts as business owners right now:
1. Our own money is worth significantly less (we all know this has been going on, but have you taken your family out to dinner recently? Prices are insane!)
2. It’s become much harder and more expensive to borrow money (many SBA loans are now over 10%, and residential mortgage rates have more than doubled)
3. Thanks to numbers 1 & 2, people are gripping their wallets tighter and it will become harder to make more money (if you’re not already feeling the pinch)
So what’s the solution?
You have GOT to get dead serious about tracking and optimizing your cashflow.
Do whatever you can to boost your income while eliminating ALL unnecessary expenses.
That means only spend money on things which are critical to keep your business running…
Or which can actually help you make (or save) more money.
If you’re unsure of the best way to do that, we want to help…
I’ve put together a special training on the “4 Profit Levers” which can immediately help you start generating thousands of dollars in extra income every week — while slashing your expenses.
They are…
Lever I: Money Expansion
Lever II: Money Attraction
Lever III: Money Repetition
Lever IV: Money Preservation
Although each of these levers is incredibly simple…
You cannot have a secure or consistently profitable business without all four.
That’s why at our upcoming Instant Income Intensive event, Coach Daniel Woodrum and I will be teaching you how to successfully pull each of these profit levers.
If you want to bolster yourself and your business against this tough economic climate…
And discover new ways to generate rapid income while saving yourself THOUSANDS in unnecessary expenses…
Then click the link below for more info on the training and how these “profit levers” actually work…
>> Discover how to pull the “4 Profit Levers” for an income boost in this tough economy
Success Loves Speed,
Craig
PS - Because we strongly believe you should only spend money right now on things that will help you make more money…
This intensive is designed to give you a 3x ROI before we even finish the call.
We GUARANTEE these methods will help you increase your income fast.
Go ahead and join us here for the training
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