In one of my previous articles - Eyes On Our Income Opportunity - I mentioned that high level executives were the next to lose their jobs. Shareholders want results and they are demanding change.
These high level executives are starting to look at Nouveau Riche's opportunity because it has the potential of replacing their income and will provide them more time with their families.
Here is a link to a story in the Money section of MSN's web page.
This is a snippet from the article.
The bottom line is that investors want results. In good times, they're happy to reward CEOs with bonuses and other perks for a job well done. In bad times, they want the CEO to answer for what went wrong.
To me this represents the mindset of Instant Gratification from the shareholders. If they aren't instantly happy, they go in an uproar, calling for the head of the company to resign. There seems to be no thought of building long term wealth.
At the same time, spend, spend, spend is what they want, but consumers can spend only so much when most of them have an income limit. It is an endless, vicious cycle.
CEO's, if you are reading this and ready for a change, contact me! I will be more than happy to talk.
Happy Opportunities!
Tony
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