In several articles and blog posts from this year and late in 2009, tied to the release of my new book LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World (Jossey-Bass), I have made the case that what we are going through now is not a recession but a RESET. That this is not an economic crisis, but rather a crisis of virtues and values. That this was not an example of the failure of free enterprise and capitalism, but rather the failure of greed.
Well, here is one in a series of predictions from me, coming your way, tied to what I call the RESET: this period will last for between 2-10 years of structural and values-based "resets," and for the entrepreneur with cash and good to great credit, will represent one of the most amazing opportunities in a lifetime.
Let me go even further; I believe that what's ahead represents a once in-a-100-year shifting and reshuffling of the world's assets. Everything will be up for grabs, and while there will be countless losers, there is also an opportunity for an entirely new generation of winners too.
John Hope Bryant