This is an archive post from when the recession was getting into high gear in 2008. Still applicable, business is as much about fear and mindset as possibilities…
I was at the Retail Merchants Association Economic Summit in Richmond, Virginia as the recession was gaining traction.
Bob Phibbs at Retail Merchants Alliance with Alan Gayle
You can watch the ten-minute video here on YouTube and see my thoughts.
The setup: two well-respected economists give their facts and figures and talk about the upcoming holiday season. After twenty minutes of doom and gloom, it was my turn. (On the video clip, we’ve reduced them to about a minute.)
Yes, there is a fire in the economy that is going to burn poor businesses but it doesn’t have to be you. Watch the clip to find out why and how. BTW – if you click on the “Watch in high quality,” on the bottom of the player you’ll get the best picture.
There will always be anthrax, Y2K, sars, terrorists and fear.
We can only do what we can do in our corner of the world, our business, our thoughts, our actions, our family. It’s either, “Holy crap, what now?” or “What can I do now to move myself, my business and community forward?”
That’s your choice. There is no middle ground.
