REPO MAN COMETH

One of the most painful things in the world to go through is failure. Work marriage school business etc…as humans we all want and need to feel successful at something in life. When something you have worked hard to acquire is taken back we feel depressed and like a failure.

As consumers we become entrapped by debt. This is due to our bad decisions as well as unscrupulous lenders and greedy brokers bankers etc…once again the question is what do you do when they come for you??

The one thing we should all know is that everything on this planet is negotiable, everything.

We have a tendency to let fear consume us once we get behind on the debt. We then stop communicating with our lender; they in turn think we are hiding when we are actually trying to avoid talking with them until we have something…like money to give them. This is the number one mistake we make.

The first thing we should do is co-op our lender and make them a partner in our pain. Most of us know when we are going to be late on a payment and we sort of just let it happen. Each and everyday that passes on the debt we feel worse and then we begin to rationalize (they (lender) have more money than me) WE BECOME CHIMPANZEES… What we should do is call them and remember the Gorilla favorite on fear. Tell them you are experiencing difficulties and out of respect for them you wanted to communicate early and often about this debt

This is very painful but will probably extend the collection process by months. If they feel you are trying they will be very lenient.

 Nothing speeds up the process of collecting faster than the assumption that you are intentionally not paying or are just hiding from the debt. Unfortunately there are some out there who have bad intentions but most of us are not that way. so if you get extra time do everything you can to make your payments.

If you have done all you can and that fateful day comes when that critical piece of equipment or your vehicle has to be returned, take a deep breath and be a gorilla…let it go no need to fight  you have work to do. Some lenders will give you a few days to get it back. If you cannot do not worry you have 30 days before the repo appears on your credit report. Get another form of transportation

Research the prospect of renting equipment and may be you should invest in a scooter or moped for transportation. If you have a family maybe you can borrow a car and or rent a vehicle for that as well. Gorillas know that this too shall pass and you will not be in this situation for long just work your way through it and make a comeback. It will be that much sweeter when you make your comeback and Gorillas always make a comeback!!

Speculators, futures,shady oil companies,  off shore drilling , refineries, ethanol, biodiesel fuel, subprime lending, recession…and all that other crap that has you wondering  which way is up ? needs to  be kicked out of your mind. We Gorillas (struggling entrepreneurs) do not have the time to worry about such things . I know things are out of whack, but do not be discouraged be encouraged, find a need and fill it . That’s what we do right ? necessity is the mother of invention and i am going to figure out something to invent !! or at least tweak my current Marketing Business  (www.thejamarketinggroup.com)  in ways that can help it survive the punch in the gut that everyone is taking.

We are in a perfect storm. The world of business and the global economy is cleansing itself of all the bullshit that has gone on over the years …just like it did during the depression and more recently the dot com mess….there was too much unchecked crap going on like  million dollar deals cut on napkins..no brick and mortar locations of bank branches available  which prevented  us from delivering a well deserved  ass kicking  to someone who messed up our money or lost our money on some cockamamie deal.

Today we have no bid contracts, executives at our most well established financial institutions ( ex. Bear Stearns) robbing and pillaging more than usual(sub prime mtg)  ….It is straight anarchy but as i stated the market is righting itself …

In the meanwhile Gorillas stand up !!!!  get up and get your ass out of the bed and let’s go get this money each and everyday..remember you are in business as long as you say you are…..and by the way gas is too damn high Let’s all go get a moped (90 miles to the gallon).

The Gorilla Speaks

My new book:(80 pound chimp or 800 pound Gorilla Which one R U ?)   coming in july