Archive for recession
Psychology of Recession
Posted by: | Comments
That’s a bit of a pretentious heading – as if I’m qualified to comment on either psychology or economics…
However, as an amateur observer of the human condition, it does strike me that a significant component to our current economic quagmire is largely in our head. It seems that while we have transitioned over the years from an agricultural economy to a manufacturing economy to a service economy to an information economy – what we really are is an economy of confidence. When we lose that intangible, psychological element of our collective selves, we perceive ourselves to be in huge economic trouble. And, because we are an information-based economy, we have an amazing ability to measure, calculate, survey, report, broadcast and share our lack of confidence with the world. Read More→
Related Posts -
10 Keys to business survival in a recession It seems to be the consensus among business and political leaders that our economy is worse than it has been in generations. Statistics, for what they are worth, prove it. In other words, most of us have never seen anything like today's economic crisis, and there isn't much in our...... -
Five Essential Leadership Traits You Need When Times Are Tough I don't have to tell you how turbulent the last couple of years have been. We've seen the impact of the economic environment on entrepreneurism in a big way over the last 18 months. On the bright side, I am seeing that businesses startups today - and those existing businesses......
Related Websites
Protecting Your Credit in Economic Decline
Posted by: | Comments
The “credit crisis” has become ubiquitous. It is being blamed for everything from home foreclosures to a plummeting stock market. Many individuals and most businesses are feeling the pinch from the credit markets today. Which is precisely why it is so important to carefully manage and protect your personal and business credit profile during these turbulent times. Those who are able to survive the current recession with their credit profile intact will have so much the advantage in the economy to come.
Similar Blog & News Articles
- An Overview of what Credit Report is :: Money Making Machines
- Credit Report and How It All Works :: Money Walks
Similar Wikipedia Articles
Related Posts - 10 Keys to business survival in a recession It seems to be the consensus among business and political leaders that our economy is worse than it has been in generations. Statistics, for what they are worth, prove it. In other words, most of us have never seen anything like today's economic crisis, and there isn't much in our......
- Five Essential Leadership Traits You Need When Times Are Tough I don't have to tell you how turbulent the last couple of years have been. We've seen the impact of the economic environment on entrepreneurism in a big way over the last 18 months. On the bright side, I am seeing that businesses startups today - and those existing businesses......
Related Websites
10 Keys to business survival in a recession
Posted by: | CommentsIt seems to be the consensus among business and political leaders that our economy is worse than it has been in generations. Statistics, for what they are worth, prove it. In other words, most of us have never seen anything like today’s economic crisis, and there isn’t much in our own experience that gives us guidance in our business
decisions. A recession such as this requires a shift in our thinking, our planning, and our decision-making in
order for our business to see the light of day at the other end of this economic cycle.
Economic cycles, by the way, are usually long. The common chatter heard from talking heads and prognosticators is that we should see the beginnings of a recovery in 6 months – or 9 months – or 12 months – or 18 months, etc. The truth may be that we are in for a longer ride than we optimistically expect. (For example, economists generally agree that we were in a bear market cycle from 1966 to 1982 – a period lasting 16 years; and that we experienced a bull market from 1983 to 2000 – a period of 17 years.) If history is our guide, the recovery might not come quickly. Fixing the global mess will probably take years.
So, as small business owners and entrepreneurs, what do we do and how do we survive? For what it’s worth, here are my Keys to Survival in today’s economy:
Related Posts -
Tip-toeing Past Fear Our internal fight-or-flight response is designed for our protection in times of danger. When our brain senses fear, it suppresses our creativity and shuts down access to the thinking part of our brain - the cortex. Scientists tell us that our fear response is controlled by a small, almond-shaped...... -
Protecting Your Credit in Economic Decline The "credit crisis" has become ubiquitous. It is being blamed for everything from home foreclosures to a plummeting stock market. Many individuals and most businesses are feeling the pinch from the credit markets today. Which is precisely why it is so important to carefully manage and protect your personal and......
Related Websites
