The last week has been one to remember. The Dow Jones lost 18% while our local market fell 15.5%. 2008 will be remembered as the ‘year of the credit crunch’ up there with the depression in 1929, the 1987 crash and oil crisis in 1974.

Before you go screaming down the halls, consider these two quotes from Warren Buffet, the most respected and successful investor ever:

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

This is not ‘the end of capitalism.’ This is opportunity. Warren Buffet has been moving in and buying up big time. These are the times for successful people and organizations to cement themselves as market leaders.

I work with successful organizations to help them jump to the next level. Now is the time to be looking at what the next level is and how you will get there.

This too shall pass. Don’t be caught out wishing you could have taken advantage of the down times in a few years, wishing you had ‘ramped up back then.’

If not now, when?