“Financial Strategists provided our business owners with valuable information about how to secure capital for their firms; I would highly recommend that business organizations take advantage of Greg’s expertise.”

Industrial Council of Near West Chicago

“As the chief financial officer of a multi-million dollar company, I urge you to take one of the business educational seminars that Financial Strategists offers. The information was highly valuable.”

A. Bowen, Austin Diversified Products

“As a growing and emerging firm, we found the seminar of business financial
management both practical and purposeful. I contend that most small business owners
will benefit from this information.”

J. Nicholson, Botanicals

“Greg Washington has made several presentations to our entrepreneurs over a three year period here at the Purdue Entrepreneurship Center; our members have found his presentations to be enlightening, informative and highly useful in their business operations.”

J. Hussain, Executive Director Purdue EC “Greg has helped our clients secure capital when others could not”

Rick Rosen, CPA

“Greg showed a high degree of perseverance when dealing with our clients”

"Greg helped our firm secure financing when few others could, he was competent, persistent and very thorough"
Phil Beckham III, President Beckham Transit

"He was very good at finding out what worked and what did not, as a result we were able to finance our growth into a multi-million business within three years"
Tom Malone, Freight Direction

"Greg has counseled several of my firms clients and we have always been pleased with the results"
Agnes Brassfield, CPA Northbrook, IL

"Over the years I've known him, Greg has come through for several of our commercial banking clients when we could not assist them, he found ways to make the deal work or give them sound financial advice"

Tony Denovellis, VP Small Business Banking
First Midwest Bank, Tinley Park, IL

The Post Wall Street Economy
Posted by Administrator (gmoney) on May 18 2009
Thoughts >>

It is safe to say that after losing $8.3 trillion in stock market value over the past year and having the federal government take equity positions in several banks, the Wall Street Goliath has finally been slain by the David of Debt.

Is the American dream of prosperity dead or just severely wounded? Make no mistake, the growth of the U.S. economy in recent decades and has been driven by debt and consumption. Consumer confidence has been expressed through purchasing not saving. Holiday shopping has become one of the primary barometers of the nation’s financial health. There has been a significant lack of attention paid to entrepreneurship, research and development and the bread and butter industries of our economy for way too long. Other countries no longer view the Untied States as the economic engine it once was. Iraq, a war torn country, has a surplus in the billions while the United States has a deficit approaching a trillion. We are part of a global economy with competition and capital centers emerging in the Middle East, China, Japan and a re-emerging Russia. What are the powers that be doing to find solutions other than meeting to discuss the crisis and borrowing more money? If history has taught us anything, it is that innovation, smart decisions and hustle will get us through the tough times. During the great Depression, Sears created Allstate, Revlon introduced long-lasting nail polish, Campbell created Chicken Noodle and Cream of Mushroom soups and GE introduced the fluorescent light bulb. It doesn’t matter what times you live in, it matters which you do in those times. Remember that McDonalds, Pampers, Microsoft, Apple, Paypal, Orbitz and Ipod and Blackberry were born during downtimes and economic crises. Hustle and creativity reach across history.

Right now, someone is creating new financial models, new distribution channel and delivery platforms, new technology, and hopefully, new regulations, that will be game changers. A new economy is being born right under our noses; we just have to sniff it out.

We invite you to comment on these and other articles on our blog at thefinancialstrategists.com.
 

Last changed: May 18 2009 at 3:10 PM

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