Time Out on the Doom and Gloom…It’s Your Economy!

Worried about the economy?

Tired of all the gloom and doom on the news?

Thinking no one will hire you or buy your products/services because it’s just a tough financial time for the global economy?

Let’s shift that thinking…

Today I’m sharing another great guest post with you from Shameca Tankerson, the Credit Savvy CEO.

Shameca and I have been around each other’s spaces online for a couple of years in blog challenges, but really connected and started getting to know each other when we enrolled in the same awesome coaching program a few months ago.

Photo on the right is me, Tony Tiefenbach, and Shameca at a mastermind dinner during Overnight Authority live event a couple weeks ago.

Back back to the topic at hand… why you’ve got to start thinking about (and creating) your OWN economy!

Guest post by Shameca Tankerson

Okay…I guess I’m a little indignant when it comes to the stories I here day in and day out regarding money.  And I’ll get even more undignified than this.  Every Where I go I hear the doom and gloom stories:  “The economy is bad,” “The banks aren’t lending,” “People don’t have money to spend”…..

Well, I’m calling everyone on the carpet!

You tell me…

It’s time to tell the truth!  Okay… I’ll start.

The truth:  There ARE banks lending.  There is Money available in more ways than you can imagine.  But the majority of us good old Americans striving toward the American Dream (the pursuit of happiness) need that story to explain why we under charge for our services, don’t invest in our business growth, or why our business isn’t successful .

Are you driven by a Mask that is keeping in the realm of insanity: Doing the same thing over and over again expecting different results? Are you working in your business day in and day out to make enough money to take your vision to the next level… waiting on that next big deal or business model that will skyrocket your revenue?

Are you ready to wake up to and remove the mask  and conditioning that is holding you back so you can get the funding you need to have the business and life  you really want … No Excuses?

Step 1.  Pull your own credit  and see what is really going on.  Know your score.  Don’t be Scurred!

Step 2. Find your financial baseline.  How much money do you need on a monthly basis to keep your business right where it is… to sustain. Hint: Pull out bank statements.

Step 3.  If you don’t have six months cash cushion or a credit line equal to 6 months cash cushion.  You need funding.

Step 4. Get the skinny… the real… the truth on business funding.  Plug into my community http://www.facebook.com/creditsavvyceo (ha ha…shameless plug) but really learn what your options are and make informed financial decisions… ask questions and get in the know.

Step 5.  Bonus: Charge what you are worth… Don’t look at other people’s business models to determine your pricing and don’t buy into the people aren’t spending money mentality.  Why:  It’s not true.  This is the quickest way to stimulate your own economy. Some of the funding options available are based on revenue… don’t minimize your worth or your options.

Remember this: You have something of value to bring to the world.

Shameca Tankerson, is a Speaker, Trainer, Author, and Cash Flow Success Mentor to entrepreneurs and service professionals. Using a proven system, she opens a candid dialogue about money that teaches her clients how to breakthrough to their next income level and expand into a cash flowing business with a new collaborative business model that is liberating, Inspiring and Powerful.  To Get your F.R.E.E. “Spark Your Cash Flow Financial Success Kit”  – Making Room For Money: 5 Financial Mistakes Entrepreneurs Make That Sabotage Their Cash Flow (And How To Avoid Them). Visit: http://www.MakingRoomForMoney.com

Your turn to share!

So what do you think?  Are you “tuned in” to the news still?  Or have you chosen to skip listening to what others say?

Got any tips on shifting from letting in the worry and doubt to being confident in your value and knowing your numbers?

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  • 7


  1. Thanks for the steps to success here.. Actually, this is definitely very helpful and i am thankful you show concern to people.. Great job!
    Gisele recently posted… Treating Gout NaturallyMy Profile

    1. Hi Gisele, if you enjoyed this and found it helpful, you’ll love Shameca’s kit at http://www.makingroomformoney.com/ :)
      Michelle Shaeffer recently posted… Why I Don’t Worry About Pandas or Penguins or Whatever Else Google’s Up ToMy Profile

  2. I believe that there are more than enough people around the world to buy whatever you may be selling. It might be necessary to do any work to supplement yourself while you build a meaningful income stream. I know many people do not like cliches, but while there is life, there is hope and while there is hope, there is life. Get your head down and make it happen.

    1. I like that, Wade: “make it happen.”
      Michelle Shaeffer recently posted… How to Confidently Claim Your Value and Stand OutMy Profile

  3. This might seem counter-intuitive at first, but companies like Microsoft started during a recession and used the advantages that come with poor economic times to fuel their growth and expansion..
    tinafreysd recently posted… Homemade Face Masks for AcneMy Profile

    1. Awesome point, Tina. There are ways we can really grow during recessions and many success stories come out of otherwise “tough” times.
      Michelle Shaeffer recently posted… Cool Tool: If This Then ThatMy Profile

  4. It really all boils down to mindset, doesn’t it? my husband and I are both entrepreneurs and we have always understood that we had to spend money to make money. We see expenditures as investments. And the economy? That’s a mindset too. Unfortunately many are using it as an excuse not to thrive when if they would set goals and move forward and take massive action, their own economy would be bright! Nice post!
    Martha Giffen recently posted… Easy Online Marketing Strategies You Can Use Right NOW!My Profile

    1. Love that, Martha. Smart investments aren’t expenses. It’s a conversation my husband and I have had too, especially with regards to bigger investments like coaching programs and live events. When we look at the numbers, it becomes a different picture–can’t afford NOT do it given the return on the investment.

      Like any fear, we can let it stop us or we can just keep moving forward. :)
      Michelle Shaeffer recently posted… Why I Don’t Worry About Pandas or Penguins or Whatever Else Google’s Up ToMy Profile

  5. It is all about focusing on the right stuff and not the wrong stuff. While it is important to acknowledge the situation as it is, it is more important to take steps to deal with it. There will always be people who can afford to buy what you are selling, so find them and make money. If other people can do it, so can anyone.
    Neil Butterfield recently posted… The Anti-Aging Ingredient That Will Boost Your HealthMy Profile

    1. Right. Lots of people are selling great right now. :) Focus on the right stuff!
      Michelle Shaeffer recently posted… Why I Don’t Worry About Pandas or Penguins or Whatever Else Google’s Up ToMy Profile

  6. Hi Michelle,

    Great post! I believe there should be a good balance between work and living life. Most people even internet marketers tend to get absorbed with their work/business that they forget to enjoy life. In my interview with Bob Yeager, he told me one of the most important things in life and that is to enjoy even the smallest success that you have.

    Another thing is this 60-60-30 rule where it helped me to focused on my work and give myself some ‘ME’ time.

    Just my thoughts!

  7. I believe that there are more than enough people around the world to buy whatever you may be selling. It might be necessary to do any work to supplement yourself while you build a meaningful income stream. These steps are very helpful to get success.

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