What You Can do In a Bad Economy
Almost all reports you hear or see today is about the downward economy. Folk are losing roles, the price of petrol is accelerating ; and then there is the feared’R’ word, Recession. As a leader, you are supposed to be hopeful and optimistic about the current economy. No matter where you go someone will ask you how business is because it can be one of the barometers for the economy. You attempt to explain that you have no crystal ball and you don’t have any idea how the market is relative to your community, and you do this all with a happy face. In fact , they may be a potential buyer. You then casually ask how their business is and they may say, reluctantly, they needed to get a widget today but the economy feels lethargic and, they’re just unsure about anything. Maybe they may just save their money. They’ve a look on their face like they went and did you a favor by not purchasing a widget today! As they walk away they say thanks for your insight into the economy, you’ll have rescued them from investing in a widget, of all things. No sale today, perhaps after the elections, inauguration or the New Year. Small Luxury Hotels Rome
With the results of the bad economy we’re enduring, I saw on the news yesterday evening a story about a person who had been making close to $1 million a year, but’due to the bad economy’ he was now delivering pizza and bankrupt. He lost his home and most of his possessions. Similar eventualities of lost roles, houses foreclosed and lives ruined appear to be happening everywhere at this time. But one has to ask, WHY ARE other folks NOT BEING influenced by THIS BAD ECONOMY?
It has to do with something that has been a part of mankind’s survival since the start of man’s existence. And it must do with a more current ( the past a hundred years or so ) generally held belief that has tried to remove this enabling approach to living by indoctrinating us that ‘man must learn to adjust to his environment. Personal Loans with No Credit Check
This may be the most important, most insidious lie ever told, though it is simply exposed : did mankind invent the wheel or did the environment? As one of gazillions of effective approaches to overcoming the difficulties of the environment, we at some particular point thought , we need to come up with a better method of moving enormous things. And so we probably did just that, just like we’ve done such a lot of times before and some of us continue doing today ; despite the big lie we’ve been fed.
In that particular moment you wish that conversation had not come up and long for the good old days when the news was lighter – when people felt confident enough to want and get a new widget. How are you able to not talk about the economy? How can you keep a positive angle when the economy stinks?
Sound familiar and painful? You know you want a positive spin to rev up your sales team who are wondering the easiest way to meet their goals in such a dismal economy. After all , they had the same chats with each other on your showroom floor. You may actually have a little doubt in your own mind. If only you could just avoid the whole situation, maybe it’ll all be different tomorrow.
STOP IT NOW! Stop talking about the economy! Stop telling individuals that business is slow. Stop all of the negative whining about the economy. JUST STOP IT! The more you dwell on your understood observation of the economy the more you look for proof you are right. STOP IT NOW!
So how can we overcome this bad economy? We all know that giving in to this environment ( adjusting to it ) would mean we would have to make allowance for a foreclosure on our homes, lose almost all of our possessions, and finish up in the poor house or even homeless ; maybe back to hiring an apartment at best. Because this is what this current economy is producing all on its own, untended, left to its own devices. And like an angry tiger needing to devour some delicious human meat, the one facing you will have its way unless YOU handle it. Houston Gold
understand that although there’s a widespread commercial condition, each person has their own personal economy nonetheless. And in a poor business state one could analogize that each person had their own hungry, vicious tiger standing, prepared to pounce, in front of every American. And dependent on what one does replying to this threat decides the end result of each individual’s economy.
Below are four keys to creating a positive and prospering market around you.
one. Target what you need. If you target the potholes while you are driving, you are going to hit the potholes. Instead, focus on a way round the potholes. When you’re talking to your staff or buyers, indicate business is great and now could be the perfect time to purchase. Never talk about how tight money is for you ( or anybody else, actually ). Words trigger pictures that create feelings. How do you think people will feel if they hear the manager talking about how terrible things are? You, as the leader or a team player, should talk about success and how great it is to work in a winning business.
2. Create a feeling of price. Would you trade me an one-dollar bill for my twenty-dollar bill? It could be a good deal for you, but is it a fair deal for me? It is if I understand the worth of an one-dollar bill is worth a bit more than the 20. Let’s say I am dying of thirst and the bottle of water requires an one-dollar bill. Then yes, it is a great trade. Your job is to create value now that helps customers feel good about their purchase.
three. Make a positive environment. The sole place you talk about the slow economy is with the competition. Let them believe that the market is bad if they so select. However [*COMMA] you would like people to feel good when they are in your place. So, take charge and a build strong belief in your folks and you that you can prosper in any economy because you have the best team, the best product, and the best location.
4. Plant inspiring and positive ideas, discard negative ideas. Read positive material or listen to uplifing CD’s – in other words, work on putting positive thoughts in your head. And, if you have got to watch the news, the second it is over say to oneself ( out loud is even better ), I’m grateful that business is great at my place.
you might argue that I’m not sure how tough it is for you or what its like where you reside. You are right. But , I have traveled all over these great united states and I have seen tons of people just like you, and they are winning. Every day I see people who know that irrespective of what is occurring in the market, there are plenty of ways to win in this economy. You have got a choice every day as to how you’ll face that day. Your decision is either one of trouble or wealth. Folk who commence the day with a wealth perspective mechanically think about creative ways to beat the market. Folks with a wealth mindset look for methods to evoke folk to go where they didn’t think they could go. Leaders with a wealth mindset see the obstructions as an opportunity to win when others might see only problems.
how does one want to feel when you retire to bed each night? You can believe you may not survive this economy, or you can believe you can outsmart the economy. Dread or excitement. The choice is yours each day. Use it wisely, it’s a present.
Comments are currently closed.