The recession is bad and it will continue for some time. It will not go away for a long time. Britain is a nation in debt, banking reforms are limiting mortgage borrowing, and the situation currently looks bleak. Its important to not get too disheartened about these events. Even in a recession, there are opportunities to make good profits. Its all about selecting a good investment. At least things such as houses are a little bit cheaper now.
The recession is real bad, but its important to be positive as well. Look at billionaire Sir Phillip Green the 9th richest man in the UK, who opened his first American Topshop store in New York this year, in the height of the recession, and is currently making a success out of it. He said "People haven’t stopped shopping."
This recession is bad, but money making goes on. Phillip Green has been unsuccessful many times, such as in 1992 when he was forced to resign as CEO of Amber Day due to poor performance. In 1999 he attempted to make a £7 billion hostile bid for Marks and Spencer but he failed so he bought BHS instead for £200 million, and it is now worth £1.2bn! Interestingly, his wife purchased him a solid gold monopoly set for his birthday.
Phillip Green thinks big, and a look at his biography on Wikipedia shows that he took risks when others didn't, and faced challenges, no matter what the difficulties. He branched out in his career and took on different opportunities. He's even planning to start an entertainment company with Simon Cowell. Even though Green has no experience in this field, he is taking on the challenge anyway.
Even in a recession as bad as this, there is the opportunity to make profits. If Sir Phillip Green can find a way, and is able to take risks, then anyone else can also try.
The recession is real bad, but its important to be positive as well. Look at billionaire Sir Phillip Green the 9th richest man in the UK, who opened his first American Topshop store in New York this year, in the height of the recession, and is currently making a success out of it. He said "People haven’t stopped shopping."
This recession is bad, but money making goes on. Phillip Green has been unsuccessful many times, such as in 1992 when he was forced to resign as CEO of Amber Day due to poor performance. In 1999 he attempted to make a £7 billion hostile bid for Marks and Spencer but he failed so he bought BHS instead for £200 million, and it is now worth £1.2bn! Interestingly, his wife purchased him a solid gold monopoly set for his birthday.
Phillip Green thinks big, and a look at his biography on Wikipedia shows that he took risks when others didn't, and faced challenges, no matter what the difficulties. He branched out in his career and took on different opportunities. He's even planning to start an entertainment company with Simon Cowell. Even though Green has no experience in this field, he is taking on the challenge anyway.
Even in a recession as bad as this, there is the opportunity to make profits. If Sir Phillip Green can find a way, and is able to take risks, then anyone else can also try.
No comments:
Post a Comment