10 Benefits of a Recession

If you want more bad news, then don’t read this post. But if you are tired of reading about bailouts, bankruptcies, and poor earnings, keep reading.

behind every cloud the sun is shining

I’m no Pollyanna. I have blogged previously about embracing the most brutal facts of your current reality. I know people are suffering, and I hate that.

However, I also believe that every cloud has a silver lining. It’s just part of my worldview. So here are at least ten benefits of the current recession:

  1. It causes you to get more creative.
  2. It forces you to make the tough decisions.
  3. It thins out the competition.
  4. It makes you realize you can’t take anything for granted.
  5. It reminds you that real wealth isn’t about the stuff you own.
  6. It fosters out-of-the-box thinking.
  7. It makes it easier to abandon business-as-usual.
  8. It brings you back to the basics.
  9. It accelerates change.
  10. It causes you to be less wasteful.

While you may not be able to control what happens with the economy, you can control your own mental focus. Usually, this determines whether you feel anxiety and fear or peace and hope.

Question: What additional benefits do you see? You can leave a comment by clicking here.
Disclosure of Material Connection: Some of the links in the post above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”

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  • http://twitter.com/burlw Burl Walker

    Awesome post as always! I love the expression, “Millionaires are made in depressions!” Personally, I love that it makes us think outside the box more. It is to easy to get comfortable and uncreative when we have everything! I used to have a professor that would say, “The best thing a girl can do for a boy that is a poet is break up with him. Great poetry is written from broken hearts and yearning hearts, not hearts that are comfortably in love.” The same idea goes for businesses. When we get comfortable, it is time to shake things up.

  • Joyceowen1

    Simplifies life!

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