Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

How to Take Advantage of the Recession

How to Take Advantage of the Recession

In late August, 2006 I was on the phone several hours a day with the US Consulate and with my soon-to-be-wife who was moving here from Mexico. We were given almost no notice for our interview date for her visa and had to get everything sorted out.

Adding to the urgency was knowing we’d have to wait two more years if the US Consulate rejected her application.

So I decided I needed to get to Mexico ASAP because all the confusion of what the government was telling her to bring. So I quickly got plane tickets, hotel reservations near the Consulate, my fiancé’s flight arranged to meet me at that city in northern Mexico and set up a system to continue working with my clients while in Mexico.

Most of this was done almost overnight.

About 10 days later, while on our flight from Mexico City to New York for her first time in the United States, exhausted but happy, we were we able to really appreciate what we had just accomplished in such an incredibly short amount of time. Things like packing all her belongings in about a week, saying goodbye to all her friends and family, while dealing with the US government’s confusing and changing rules for obtaining her entry visa.

What had us be so productive and achieve so much in such as short amount of time? Two things: importance and urgency.

Urgency is a crucial component to achieving the unreasonable. Most of us need it to be able to focus. Especially when intense focus is necessary.

This urgency is a key ingredient in our 90-day programs at BEST Coaches to help entrepreneurs accomplish far beyond what they thought possible.

And the recession we’re experiencing is a great example of this. Our economy and businesses are now in a high state of urgency. And as history shows us time after time, some of our most innovative and creative moments in business and our nation are started during recessions, especially the Great Depression.

It is my perspective that while it is somewhat painful to be in a recession, especially if you are out of work and cutting your lifestyle back, it is a necessary thing for us to go through.

It is simply the market and economy correcting itself from past ill-conceived notions, business strategies, lifestyles and mindsets.

So this is a perfect opportunity for us to step back and seriously recreate ourselves, in our businesses, careers as well as our economy. To re-examine our definitions and models for wealth and “success”. For they are far beyond the material.

This high state of urgency will heighten our focus and drive and help us accelerate through our mistakes and weed out the less than successful models of business that we have been tolerating for far too long.

Let’s use this time to fully understand what hasn’t been working for the purpose of inventing better and more sustainable business models for our communities and planet.



Action Steps for the Week

If your business seems to be either stagnant or back-peddling, take a look at your product(s) or services. When was the last time you reviewed them for their viability in today’s marketplace?

(And if you are in between jobs or not happy where you are working, when was the last time you looked to update your skill sets?)

In today’s market with a more global economy with competition coming from more and more sources, it is absolutely crucial to constantly reinvent and reassess your business strategies.

Look to see what you can add or overhaul in your business. What kinds of people to you need to bring into the fold to make you “current”? Newly trained employees, going back to school, or hiring a highly training business coach?

Come up with an action plan to start working on this week to overhaul your business.





How to Take Advantage of the Recession - To learn more about this author, visit Stefan Doering's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback

To learn more about the Evan Elite Author Program please contact us.

About The Author


Stefan Doering
(Visit Stefan's Website) Stefan is the creator of BEST Coaches' groundbreaking 90-day "UnReasonable" program which brings to the table his almost 30 years of hard-earned business savvy and 4-plus decades of pure heart.

He and his coaching team have worked with thousands of entrepreneurs of all types worldwide since 2003, and his passion is working with environmental and sustainable businesses. He has been a true innovator for decades, demonstrating his sustainable business acumen.

Stefan has:

* Developed a green intrapreneurship strategy for General Motors that was included in the final bailout plan presented to Congress in December 2008
* Pioneered green retailing, creating one of the largest green retail companies in the US in the early-to-mid 90's
* Organized high level forums at Columbia University and the University of Oregon for top GM management to present their vision of sustainability in early 2008
* Helped launch an environmental education non-profit for early adoption of intensive recycling programs in the mid 1980's
* Has been an advisor and speaker for green incubators in New York City
* Served on the Board of Director for a large urban environmental education organization in the 1990's



Stefan Doering is a Gold author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Stefan Doering's

Complete
List Of
Going-Green
Articles

Name
Email
If you enjoyed this article, get Stefan Doering's Complete List of Going-Green Articles For FREE!

More Stefan Doering
Sustainable Issues And Business Opportunities
Strategy to Understand your Competitor
Staying Ahead of your CompetitionThe Green way
10 Steps to Launching a Green Business
How to Take Advantage of the Recession
Overcoming the riskavoidance
How to Build Your Winning Team
The Economic Stimulus Package Can Help YOUR Business
Environmental Entrepreneurialism The new wave of green business strategy
Entrepreneur vs Small Business Owner Why You Should Care
Free Downloads


 
 
 


Evan Elite Authors
John Alexander  
Dave Kurlan  
John Power  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
The $1000 Show Icon The $1000 Show
Pulse Check Assessment Icon Pulse Check Assessment
Consultative Selling ebook Icon Consultative Selling ebook
Law of Attraction Icon Law of Attraction
Attract Desired Careers Icon Attract Desired Careers
Free Downloads - Complete List

Entrepreneur Tools and Guides
The Top 10 Guy Kawasaki Posts - Best Posts for Entrepreneurs
The Top 10 Guy Kawasaki Posts
Best Posts for Entrepreneurs
 
Choose A PR Topic
Choose A PR Topic
Press Release Builder
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Aba Tawiah Cape Coast, Ghana,
Aba Tawiah
Cape Coast, Ghana
SEO For Africa

If I Were A Startup...
Frank Cianciulli, $2.3 to $7.5 Mil in 2 years
Frank Cianciulli
$2.3 to $7.5 Mil in 2 years
Chris Nguyen, 30+ national clients on $0
Chris Nguyen
30+ national clients on $0
If I Were A Startup... - Complete List

Famous Entrepreneurs
Fred Smith, Fedex
Craig Newmark, Craigslist
Craig Newmark
Craigslist
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Guy Kawasaki, The Art of the Start
Guy Kawasaki
The Art of the Start
John Jantsch, Duct Tape Marketing
John Jantsch
Duct Tape Marketing
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     10 Common Business Planning Errors
By Sandra Bekhor
     The Foundation of Website Design
By Sandra Bekhor
     Winning in the Recession – 10 Essentials for Professional Practices
By Sandra Bekhor

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information