Thursday, December 31, 2009

Top 10 in 2010 New Years Message from Mike Farrell with aspenIbiz

It is New Year’s Eve and last week I said I would synthesize some of the Top 10 for 2010 lists I was reviewing and provide my own Top 10 List with trends spread across Business, Technology, and the Global Economy categories.

I did not realize how difficult this would be to do. I did prepare a Top 10 list however since my list is a summary of several Top 10 Lists, I will Tweet on Twitter over the next few days the original Top 10 lists and provide each of them as specific blog post so you can read them together at one time and learn a little more about these trends.

So here we go:

1st – The trend will be toward a more normal monetary policy ... meaning the time of 0% interest rates is over.

2nd – There is growing uncertainty over the ability of governments to fund large deficits ... meaning investors just don’t want to buy the debt being issued by governments, this is called sovereign debt. If there is so much supply and little demand, the price received by the government for the debt issued will be lower and therefore the yield or interest rate will be higher. This is another reason interest rates will not remain at 0% much longer and are going up.

3rd – It will be a jobless recovery and this is going to hurt ... on a global basis, it is estimated there will be 60M more people unable to find work than there were in 2009 ... ouch. Here is a great book to read, Mobs, Messiahs, and Markets ... you can find it on Amazon and it is on the bookshelves at Barnes and Nobles, and Borders.

4th – Green computing and energy efficiency will be the rage. Have you ever noticed the heat that your laptop generates? Now just image large office buildings and huge data centers ... computing has got to be more efficient energy wise.

5th – Cloud computing will be the trend in this coming year. This essentially means computing capability will be like a utility and large companies and government agencies will subscribe to this capability like we subscribe to water, power, and heating and air conditioning.

6th – There will be a huge increase in mobile computing, telecommuting, and virtual meetings.

7th – The upside down economy and turmoil is creating entrepreneurial opportunities as long as you can deal with a situation that is about as stable as lava flow.

8th – Demand is exploding for locally grown and made products which means more support for mom and pop stores. Many know they need to consume but they want to be also socially conscious.

9th – China will be central to every global issue in the coming year from the economy, to climate change, to nuclear diplomacy.

10th – After 130 flights spanning 3 decades, the last space shuttle is scheduled to fly in 2010. In addition to a crew of 5 or 6 well-trained pilots and astronauts, a US politician, a Saudi prince, a school teacher, several mothers of three-children, and a 77 year old man also hitched a ride into space. Until Orion, which is the Shuttle replacement and estimated to be ready to go in 2015, the US has outsourced to Russia the transport of astronauts to the International Space Station. I don’t know about you, but to me, this just seems weird ... I guess it is just a sign of the times.

You can find out more about these Top 10 Trends, Internet Marketing opportunities, and home-based businesses by reading updates that will be posted at my blog over the next few weeks and following my Tweets on Twitter.

As a former engineer with General Dynamics and management consultant at Deloitte ... I am on a mission to empower individuals by increasing their financial literacy, improve their ability for personal sustainability, and contribute to the program that has a goal of creating 100 Millionaires by 2012.

Until next time, I invite you to:

Meet me at Facebook :

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and on Twitter :

Watch me on my YouTube channel :

Join me in my venture at aspenIbiz as I pursue financial literacy and alternative business opportunities with multiple income streams.

When not traveling for business or pleasure, Mike operates his own Internet Marketing company and consulting firm from his home in the mountains of Colorado.

In closing, if you are a reluctant entrepreneur, a business owner, employed in an 8-5 job, or recently retired, yet still wanting to be plugged-in to the next wave of economic prosperity, you can join me in pursuing the lifestyle you want to live by following this aspenIbiz link.

You can watch my video update here of this blog post.

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