A Recession is a Terrible Thing to Waste
With all of the doom and gloom out there, people seem to forget that in fact, a recession really is a terrible thing to waste. Just take a moment and think, when is there a better time to “cut the fat,” make smarter choices, and prepare for recovery? I find that individuals and companies get too wrapped-up in focusing on the negative aspects of a recession, they don’t stop and take the time to think about/take advantage of the upsides. So what does all of this mean?
It means that we should all be thinking critically and creatively about how we can benefit from these harsh financial times. Is there someone in your company that isn’t the best fit? When was the last time you took a look at your supply costs? How could you get twice the results in half the time. I personally guarantee that if you take the time to consider these and other similar questions, you will find yourself prospering rather than floundering, you’ll be focused on improvement and preparation, and you’ll be one of the first to go against the motto that “down is the new up,” and realize that “up is, once again the new up” ?