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Overcoming 5 Business Challenges in Tough Times

September 9, 2011 By Jan Triplett Leave a Comment

Business Challenges: What Goes Up Must Come Down

Sir Isaac Newton statue from Trinity Chapel. Photo by Harlequeen.

Sir Isaac Newton statue from Trinity Chapel. Photo by Harlequeen.

Sir Isaac Newton proved it. David Clayton-Thomas wrote about it in the “Spinning Wheel” song. BS&T (Blood, Sweat & Tears) and Dame Shirley Bassey covered it in their albums.

Songwriter & singer Dame Shirley Bassey.

Songwriter & singer Dame Shirley Bassey.

How many ups and downs has your business experienced? Since we started our business, we have been through seven ups and downs – oil, banking, real estate, savings and loans, dot.com, Wall Street, and now real estate again. It has caused us to refine and redefine our business at least that many times.

If it’s a part life, it does not make sense just to try to survive this one. Another wave is coming. If you own a business, the wave that could take you under could be something global like this “Great Recession” or something unique to you and your business. So be watchful; be prepared for those business challenges that are out there.

[Read more…]

Filed Under: Business Management, Leadership, Planning & Vision, Pricing, Sales, Small Business/Entrepreneur History Tagged With: Albert J. Bernstein, Austin, Blood Sweat & Tears Band, business challenges, Business Success, Business Survival, Business Ups & Downs, Confidence, Dame Shirley Bassey, Downturns, Great Recession, If poem, Informed Leap of Faith, Jataka Tales, Little Red Hen, Neanderthals at Work, planning, Platinum Profile Customers, Radio Active Waste Customers™, Rudyard Kipling, Sir isaac Newton, Spinning Wheel Song, Sydney Craft Rozen, Texas, Trust, vision

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