The unthinkable is happening. GM is bankrupt. Under government ownership with four brands (Hummer, Saab, Pontiac, Saturn) on the chopping block.
With this you and I are about to be hit by a massive wave of negative news both from the Internet, TV, talk radio, newspapers and every conversation that you will have in the coming week.
Yeah I understand - it is pretty depressing. My brother-in-law, my neighbor, several dozen of my friends all work for GM in one capacity or another.
But sinking in a sea of bad news for the next two weeks is not going to do them, you or me any good.
Instead pick up the phone and call a real estate investor friend. Ask them what they have been doing in their business. Tell them what you have been up to. Change the topic raging in your head.
Most likely there is absolutely nothing you can do to change what is happening at a bankruptcy court in NY with GM... so why even waste time allocating precious time to it? Spend the same amount of time on your business and you will see a better outcome.
I have a busy schedule this week. I intend to do more this week than I did last week. Get out and meet some new people. Learn a new skill. Read a new book. There are at least two dozen profitable things both of us can do this week, which can help our business other than trying to outdo the next dude in telling some more bad news about GM.
Lastly, take it from somebody who calls Michigan his adopted home - I have immense hope and confidence in the people who live and work in Michigan, brave rough winters, been stuck with a lousy football team for decades and lately seeing a massive change in the auto industry that nobody living here ever imagined.
But I have hope, not in the overpaid bozos running these companies, but in the people of Michigan.
Folks like you.
We are going to get through this.
All of us together.
Chin UP
