With the passing of the bailout, TARP, a lot of people are talking about what a great time it is to get on the GSA schedule. And while the inner workings of government contracts are by no means a specialty of mine, I will say in the short term there is some money to be made on the GSA. So long as you’ve got the time and the patience. A lot of patience. And a lot of time too actually. It isn’t really an enjoyable process.
But more to the point of this post. If you’re looking to make more than a quick buck, consider investing the time spent on the GSA process on going global. There’s no better impetus to take a look at global operations, considering the shaky status of our domestic economy.
From the potential loss of our AAA rating to the expected status of our currency as the markets continue to shake out. Admittedly a little gloom and doom, and while I don’t think it will be catastrophic (at least not immediately) I do understand that an unbalanced market must undergo corrections. The catch is that a truly open economic scenario doesn’t correct things nicely. Populations are adjusted based on corrections like those - take the classic rabbit and wolf example. The two populations have a high correlation, and if one is out of balance the results can be devastating.
This correction will most likely result in further globalization of the economy. There are some wonderful opportunities opening up for those who care to seek them. A situation such as this doesn’t present itself often. A time when American companies have the experience and know-how and outside countries have the desire, funds and resources.
