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How will the Credit Crunch affect your business? July 16, 2008

Posted by businessgrowthmastery in Economic Environment, Financial Management, General, Leadership, Mastermind Group, Operations.
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As always with this type of question, there is no straight answer, other than – it depends!

However, in economic downturns, there are as many winners as there are losers. The question you should be asking right now is – in which camp do I want to be?

 

 

There is a saying that “when the going gets tough, the tough get going” and this has to be your mantra if you want to be one of the winners.
It is no good complaining about the state of the economy – there are enough people doing that. It is no good blaming the banks -they’re still open for business and for good business propositions, there is always money available.

However, the days of cheap money and a queue of people waiting to help you refinance are long gone and good riddance I say.

So what can you do to ensure that you are one of the winners and that you continue to deliver exceptional growth within your business?

For one, take these five simple steps;

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it depends!Undoubtedly, the impact of the credit squeeze, the increasing price of borrowing and the continued hikes in the cost of raw materials are having a big impact on business globally.
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Thriving in a Downturn – Part 1 – How would you like this next year to be 14 months long? June 12, 2008

Posted by businessgrowthmastery in Entrepreneurial, Leadership, Mastermind Group.
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Time is something that we all have equality in. No one has any more time than anyone else. However, what if I can show you a way to give you an extra 2 months in every year – what do you think you’d do with this extra time?Successful people in all walks of life put a high value on time – it is after all, the one thing that once lost can never be reclaimed.

So, if you are to thrive in the coming weeks, months and years it follows that you need to really maximise the time that you have available. Success tends to come from working smarter rather than harder. I’m not a strong believer in burning the candle at both ends – you need to get a good balance between focused effort and recuperation. The question is how you can improve your time management skills to allow you to achieve this.

Before we look at a proven way to improve your time management skills, let’s look at the 7 key time wasters;…

 

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