Stimulus for the Rest of Us (Part 1)

After 56 days in office as the 44th president, Obama has done some work on making life easier for the small business owner. Everone is talking about the stimulus plan and how the small business owner can get in on it.

A lot of people are trying to figure out how to ‘get some stimulus money’. Impacts from the $787 billion stimulus package, the tax breaks from new home buyers to renewable energy, are still rolling out.

On Monday, Obama unveiled his $15 billion plan to inject life into the credit market to help small businesses. The plan calls for $730 million of the stimulus plan to reduce lending fees and increase loan guarantees for small business to 90 percent. The plan also will provide banks $15 billion in hopes of loosening the credit market and increasing lending to small businesses. However, economic plans don’t take effect overnight, and the payoff may not be seen in the markets until next year.

Also, that part of the plan may not help those in trouble. People are not getting the loans because of credit issues and financial problems, not because the bank says they have no money!

If the effects are not going to be seen until 2010, what do we do for the next 9 months?

Right now loan fees are being waived and people are hoping that the taxes will not be raised for the small business owner. Banks will have to report quarterly on how much money they lent out if they received government assistant. Well Fargo recently announced new loans for consumers and commercial loans and did not take government assistance when it took over Wachovia Bank.

Private money is actually more available than Bank money. You can learn about this type of lender here: http://budurl.com/fz2t

Here is my question to you-

Do you know anyone who was turned down because the bank did NOT have money to lend?

Niche BreakFast

"Underground Marketer Comes Out of the Trenches to Share How She Finds Sizzling Niches Without Spending a Fortune!"

From: Isabella "Niche Lady" Murphy, The Staying Paid Diva

To: You! Yes, you, you, wonderful you!

Let me ask you a question – do you know what the purpose of a warrior is? When I ask most people what the purpose of a warrior is, they give me some pretty standard answers – dispatching people, defending home territory, and even "flip out and kill people" (I think those people have been watching a little too many ninja movies, but I digress).

The real purpose of a warrior, regardless of nation or weapon involved, is to get from one side of the battlefield to the other. That’s it, no "secret" there.

In your business, you’re a warrior too, and your mission is to get from one side of the battlefield (ground zero, starting from scratch) to the other (watching your product or service change lives, put money in your pocket, and boost your reputation!)

So why is it that so many people have the same problem? They don’t know where to get started online. The common answer given to them is "pick a niche and develop a product or service in it" – a mighty good answer, might I add … if you were talking to someone who’s been around the block a few times. If your brain fogs over at "pick a niche", I’m talking to you!

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PS- I, personally read this book, It’s clear concise and gives you the tools you need. I buy and read a lot of materials, a lot of stuff on the internet is poorly written crap. You will be pleasantly surprised with the easy to understand and use strategies outlined here. Use them! I am!

Dr. Letitia Wright

Birth of the Mini-sode (and why you want one)

Tags: Ben Mack, Commuter Confidential, Dennis Learly, Dr Letitia Wright, marketers, match.com, product placement, rescue me, revlon, sopranos, TBS, TIVO, tv, twitter squeeze, wright place TV

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