Wet Season

Added by Jacob Aldridge, about 1 year ago.

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Here's an interesting question: In a drought, do trees need less water?

The answer is No - they need the same amount to continue to thrive. If they simply ‘make do' with what's available, then they may survive, but it will stunt their growth even into the next wet season.

So I ask this as an analogy: In tougher economic times, do businesses need less strategy? Are you simply 'making do' without giving your strategy any thought, and without considering the next monsoon?

The good news is that you're invited to the first rains of the next business wet season. You will shortly receive an advance invitation to the Thrive, not Survive follow up workshop here in Brisbane. It's available; don't stunt your business growth.

Slow Down don't Stop

Some valuable lessons here for businesses in a slowing economy, from the tech-based business that brought us the comment "We've found out that having a price is really cool for making profits".

Opportunities in a Recession

The key message here is 'don't bunker down, do something!' And your business' website may be a cost-efficient way to act strategically - no doubt, one of many cost-efficient opportunities staring at you.

It's not your fault

Of course, I'm encouraging you to continue to take responsibility for achieving better results through this 'drought'. It's good to remember that even though you can continue to improve, the situation your business is in is not entirely a result of your decisions. After all, if Beer is no longer recession-proof (4th Qtr US Sales), then we're all going to be a little thirsty.

Going to Rain?

And as the real drought comes close to officially ending in South-East Queensland, this is a website tool that's becoming increasingly handy. One click, and it tells you whether it will rain in your location today! (Note: You may need to adjust your location the first time; just click on the sad face if you get one).

Intranet Joke of the Week

A young man asked an old rich man how he made his money. The old guy fingered his worsted wool vest and said,

"Well, son, it was 1932. The depth of the Great Depression. I was down to my last nickel. I invested that nickel in an apple. I spent the entire day polishing the apple and, at the end of the day, I sold the apple for ten cents.

"The next morning, I invested those ten cents in two apples. I spent the entire day polishing them and sold them at 5 pm for 20 cents. I continued this system for a month, by the end of which I'd accumulated a fortune of $1.37.

"Then my wife's father died and left us two million dollars."

Until next week, keep polishing those apples!

Jacob Aldridge and the Shirlaws Team