What's in store in 2012? Odd language leads to pretty useless advice - and my touchingly generous offer expires today
One
of the most profitable lines ever written was to sell the Kiplinger Letter. It
ran for a good twenty years and read "Will there be more BOOM and more
INFLATION ahead?"
It
worked because we all want to know what's going to happen; but I can save you a
little trouble. There is no boom coming your way but a whole lot of inflation,
because that's what happens when you print money, whatever fancy name you call
it.
This
is prompted by something I saw in an e-mag called "London Loves
Business" which read: Market
niches set to explode in 2012, according to the UK's most successful
entrepreneurs.
Strange
phraseology: niches do not explode, but I wanted to know what various experts
thought. The answer is that most of what followed was a series of
self-interested plugs by sundry individuals who think their business is going
to do just great.
Stelios
Hajimathingy thinks his easy businesses will go just great, except he didn't
mention easyJet because he's having a row with them. A couple of guys in the
dating business think people are going to want to leap into bed with each other
more.
And
would you believe a property man thinks you could do well in prime property? A man who's been trying to make hydrogen batteries reckons he's finally cracked
it. There were a couple of investment schemes I would be very careful about.
And (surprise, surprise) mobile ads are doing well and will do better.
The
whole piece was a big con. Most of the people were not London's most successful entrepreneurs. And other than Will King, the King of
Shaves man and a guy who runs virtual gyms, all the advice
was just flat-out self-promotion.
I
like the idea of virtual gyms. I could stop all my push-ups
and crunches and just imagine I'm exercising. Actually, that's not unlike what most people end up doing after they join a gym: they go two or three times then quit.
Don't
laugh, though: research I read somewhere says that just imagining
you're exercising actually works.
Changing
the subject a little, do you ever find yourself astounded at the way
you know you should do things - but you don't? I do, often.
That's why I spent much of yesterday making audio recordings. I
have known for years that people like to listen to stuff in the car or while doing
other things like the cleaning (which I do, believe it or not). But I have
always put stuff out in video or written form. Stupid.
Anyhow three hours of wit and wisdom is now in the can ready for
January. If you're one of those who has joined EADIM you'll start getting them.
If you're not (I may have mentioned this before) well, the £600 saving deal
ends when the year ends. Just a few hours from now.
After that, the New Year - no boom, but plenty of busts - is
coming your way. In the deathless words of Bette Davis, "Fasten your seatbelts. We're in for a bumpy ride." .