Do The Football Chains Ever Come Back With A Penalty When Financial Survival is Your Only Option

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When Financial Survival is Your Only Option

Learn something new. That is the essence of living. When pushed to the limit, the protagonist in many stories must dig deep to find new insights, resources, clues. Only then does he save the day.

Save your day – or make your day – by taking a peek inside. Leaning on old reliable skills is valuable, but it may not be enough. Make a list of things that will help you avoid the current financial disaster, hardship, or debt burden. Master one thing on your list – if you believe it will be useful in the future.

The future is now. It’s not tomorrow or down the road or next month’s subscription to your favorite magazine. Actions must be considered and then taken – now. First the little things. Nothing so radical that it will be seen as rash or harmful in the coming months. But change now, in a way. Don’t wait for change.

Boost your creativity. Consider the opinion of Barrett Preloger, CEO of Winntech, a Kansas-based marketing group that has earned an uncompromising reputation for encouraging entrepreneurs to think big and take action. In February, he attended a conference where he discussed with other CEOs massive cutbacks and ways to slow down until the economy recovers. Wrong, wrong, wrong.

“The reaction to a bad economy is to cut costs and save, actually, that’s the worst thing you can do. For small businesses, all the corporate scriptures and rules don’t exist. They should use those freedoms as an opportunity. I can be. Although I’m on the economy. Enthusiastic about innovation even if not enthusiastic.”

Prelogger and Wintech employees helped launch a new retail clothing chain owned and operated by a former college football player with no prior retail experience. They did this for a fraction of the costs normally associated with opening a business. They have been cash-flow positive since day one, despite opening in a disappointing fourth quarter of 2008. Store name? luxury

Take a 30 minute break. Put the worries aside – no matter how bad they are – and relax into half an hour of creative thinking. Think of the mind as a spa. Remove ghosts, voices, negative voices. Relax and listen. When times are tough, ignoring the obvious won’t help. But mental vacations come out of the mess. And they are a tried and true survival technique.

Often experts talk about cutting costs. Well, do it. But every time you cut, write down an idea that could actually make some money. There are no “get rich quick” schemes. We all know the path is bogus. Instead, focus on simple profits. Sell ​​a non-essential item, such as books, CDs, etc., that you no longer use. Someone else will enjoy the bargain and it may feel great to receive a few extra dollars. Remember, you’re not trying to create a windfall. If that happens, great, but the idea is to use what you have to your advantage. Celebrate every extra dollar.

Finally, learn something new about money. Something that doesn’t demand huge expense or risk. Yet something that will prove valuable as your new world takes shape.

Copyright 2009

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