What is it that we don’t want to know about? What is it that is affecting the success of our businesses, but we dont want to acknowledge it, becasue it looks a little too scary. Whatever it is, in my experience it is better to face up to some of the challenges and difficult things before they become too great and costly.

David

I was reading an ‘internet article’ today about the Recession and the Credit Crunch. The basic position was that it’s down to you to sort it out. OK these may indeed be very challenging times, but you are the only person who can really sort it out. Whilst I totally agree with this statement, the flavour of the article turned me off though. It was all happy, happy - don’t think about the recession, think positive, others may be struggling but we are the winners and we keep on going! This sounds good, but is pretty difficult to achieve. In my experience the most important thing is to continually bolster your self-belief, look after yourself and accept that these are tough times, but keep on going.

On a related topic this is an interesting article on how successful entrepreneurs manage hard times - especially when the taxman is on the march!

http://knowledge.insead.edu/ToBeASuccessfulEntrepreneur080710.cfm 

I am always interested to hear from business owners about the strategies and tactics they adopt to survive and thrive in tough times.

David