Who knows? I talked to my financial person today and the word is that the market and economy will probably be choppy for at least another six to nine months. Yuck. Given that the vast majority of women-owned businesses generate less that $50,000 in revenue annually, the outlook is not bright right now.
But what if we all took a look at the positioning of our businesses and started to focus on the opportunities that will be coming? Assuming you are reading this blog and website because your business is not just for pin money or to keep you out of trouble, you want your business to still be standing at the inevitable end of this recession. Here is the question to explore this week: How can your business be focused to take part in the promising changes that are on the horizon–changes in health care, energy, education and not-for-profits? What are the inherent talents in your business that can be repurposed to take your business to another place or level?
Keep in touch and let me know what you come up with. Within this community there is a lot of wisdom and support.
This entry was posted on Thursday, November 20th, 2008 at 4:23 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.4 Responses to “How Low Will It Go?”
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November 28th, 2008 at 12:59 pm
Unfortunatly they are saying its going to be choppy til the end of 2009, Horrible. Enjoyed reading your post and I hope everything works out for you and your dreams.
December 4th, 2008 at 11:35 pm
As this recession deepens, if I am not careful I could go into utter paralysis. My business.. media related has been crippled by the lack of advertising dollars coming in. Not to mention that I did some consulting on the side as workshop facilitator and that too is gone. Trying my hand at blogging to give me an exercise to relieve stress.
The only answer I can see for my business… ‘greenbacks’ and plenty of it for a start. But that said, those of us on main/backstreets are considered not worthy of bailouts/rescue plans. All I can say , its hard that all this financial crisis is happening now.. one can only hold on to hope to make it through this nightmare.
http://www.vernasmith.com
http://manchestersquare.blogspot.com (contributor)
January 2nd, 2009 at 10:52 am
It is always a positive experience for me to visit blogs in this community. I agree with you Bonnie that this community offers alot of wisdom, great advise and strong support. You are directly responsible for sharing this wisdom and support. Thank you.
January 2nd, 2009 at 12:07 pm
Marney,
Thank you for your positive comment. What a wonderful way to start the New Year!