This morning I attended a State of the Economy breakfast, put on by the Executives’ Association of the Palm Beaches, a group of which I am a proud member. The speakers at this event were nationally syndicated radio hosts Ken and Daria Dolan. Of course I expected talk of gloom and doom, fear and scarcity because that’s the common theme when discussing today’s economy.
Ken Dolan seems like a nice, somewhat easy-going guy. Daria, on the other hand, a little more high-strung and opinionated. I’m sure some of it was their “act.” But wow, I just got a lot of “no one in Washington knows what the heck their doing and there’s pretty much no way this plan is the right way to go” energy along with my eggs and potatoes.
What one of my fellow Exec members got out of the morning was posted on Facebook as “sell all your stock holdings to force the market further down to keep congress from continued spending.” That and “at least 100 more banks will fail this year, so put your assets in gold.”
If you know me or you’ve read some of my posts here, or on Facebook, LinkedIn or Twitter, you know that while I’m not an ostrich with my head in the sand, I basically subscribe to the theory that we live in an abundant universe. Thoughts become things. What you focus on is what you get more of. I don’t listen to the news and I don’t like being in the company of those who talk about how “bad” things are.
They are what they are, now let’s move on.
To be fair, Ken did offer a few trends to watch in terms of growth industries, including leisure, web casting and design, alternative medicine and wind and solar energy.
But all in all, I left there feeling an intense need to immerse my mind in some Wayne Dyer, immediately.
In the afternoon, I attended the Kravis Center Corporate Partners luncheon. The speaker was Peter Georgescu, Chairman Emeritus of Young & Rubicam, Inc. What a different perspective! He said creativity and values will pull us from today’s economic morass and then proceeded to expound upon how he optimistically sees that happening. He talked about free enterprise as the driving force for the next century and the need for fair, responsible and transparent values. Instead of talking “China and India will own us” he advised that we need to compete with those countries as allies or partners, not as enemies or we will all fail. He said there are actually some things they do better than we do.
He emphasized the need for improved education on all levels, as well as the importance of teaching creativity. Because in the end, we must have the best educated and most creative people, as that’s how we “win” against other countries.
He ended his speech with the comments that he “sees blue skies ahead” and “we are beginning to see how we are all connected.” In contrast, I felt pretty good on my way out of that presentation.
PS: The one common point the breakfast and lunch speakers made was that it is up to each of us as individuals to take responsibility for ourselves, our families, our businesses and the future of our country. So let’s get busy.