I sent this to my subscribers to my newsletter earlier this week, and it generated some lively discussion with some people. I thought I’d share it with you…
People that are smart enough (or lucky) enough to see opportunity to get in front of a boom before they actually occurs can literally change their life. And with the way thing are now in the economy, there are seemingly too many opportunities to make money if you’re willing to take risk and close your eyes for a while.
Just think…
The Gold Rush in the 1850s
The auto boom in the 1920s
The oil boom in the 1970s
The tech boom in the 1990s
And most recently the bull run in the stock market and real estate boom in places like Miami, Vegas and Phoenix
Imagine if you were at the front of these opportunities before the rest of the world realized it.
What if you could look into the future and start getting involved with the next boom now? What if you bought barrels of oil long before it hit $150 a barrel? What if you bought shares of Google when it was near $100 a share and sold it when it topped $700 a share?
Many wealth people have the incredible skill of being able to spot trends before they happen. Whether its a trend in the market they specialize in or something unique they discover – they can quickly go from dead broke to incredibly wealthy in a matter of days.
Only if it were that easy, right?
Well, there are some strategies that people that are able to consistently spot trends actually use to get in front of opportunities early. As you become an “expert trend spotter” you give yourself a big edge that can make you big bucks.
Here are some of those strategies, many of which you may already do but can be more conscious about when looking for the next opportunity:
- Read multiple trade magazines and blogs to identify patterns
- Become a better listener to hear what everyone is talking about
- Keep a pulse on the advertising and marketing trends
- Get involved in industry projects and community service to see how things are evolving and what the future holds
What do you think the next economic boom will be? At this point it seems like it could be just about anything!
I think it has to be natural gas and the companies that will create it’s American usage infrastructure.