Another way to look at the economy and the pressures we face in business is from a maturity standpoint. When the economy was going gangbusters, we could do almost anything and not pay a price. We could take out loans to buy things we couldn't afford, we could expand our business anticipating sales that couldn't possibly happen, we could price our homes so high it's now laughable. But then the bottom fell out of the market.
Now, we have to start maturing. If we can't afford it, we don't buy it. Don't expand until you need to. Work hard and earn the business, don't wait for it to drop in our laps.
It's time to mature, to grow up, and to earn the business.
Barry LaBov
LaBov & Beyond
www.labov.com
Friday, February 18, 2011
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