I'm sure you've been exposed to he problems we are faced with in a down economy. Heck it's all over CNN, BBC, FOX News ...have been releasing reports daily of market turmoil, multiple bank failures, soaring foreclosures, and skyrocketing unemployment.
Every one of us has witnessed or is feeling the harsh effects on our economy in one way or another.
To make matters worse, business owners, top professionals in the mortgage business, real estate and insurance business are struggling financially and are facing a major crisis.
As a small business entrepreneur we must seek out solutions. We must not only shift gears in the midst of a downturn, but also shift our energy to stay out of fear mode, which is even more important — and tougher to do.
In Tough Times, Tackle Anxiety First
Here's a simple six-step program for “shifting yourself out of fear-based operating mode and getting back on track towards success.”
The first step, is to confess that you are, in fact, afraid. Stress, worry and apprehension are all elements of fear. I admit it is scary right now being in business, but that is what entrepreneurship is all about.
The second step is to respond to that fear with calm deliberation rather than rash acts that may push your businesses into deeper trouble.
The third is for small businesses to refocus their efforts on things they can excell in.
The fourth is to “reframe the story” by looking for new opportunities in difficult times.
The fifth is for entrepreneurs to maintain a balance between their work and personal lives.
The sixth is to seek out a critic who will give unvarnished feedback about potential blind spots.
Did you know that while the majority of folks in America are fighting for survival a privileged few are building a steady, stable, strong business? These folks know something that you don't.
They aren't jumping on the latest greatest thing since sliced bread. (rash acts) These folks are maintaining the calm deliberation, reframing by looking for real honest opportunities and taking advise that goes to the heart of the matter. Don't Panic!
I want to share this short video from the CEO of Shaklee, Roger Barnett giving an explaination of why he launched the latest incentive called "The Power of 10"
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