Are you nervous about the economy?
The economy today feels like a upset stomach after a night of way to many Bud Lights. How do you feel about the overall economy? Are you worried about the future? Are you panicking?
True, the markets look horrible and some may fear that we maybe heading towards a very deep recession or even a depression. Not sure if I would go that far. Is the market correcting itself from the stupidness we saw over the past few years? I think that this is the case. The world couldn’t sustain $125 oil, $4 a gallon gas and stupid low mortgage rates before the bottom completely fell out of it.
Now, is the time to take advantage of the lower market and top up on your investments like mutual funds and make some good contributions towards your RRSP’s. 401K’s for the US folks.
And if you are in the IT industry now is the time that we must get creative with our marketing, our salesmanship and everything that touches our clients. Now is the time to develop or take your client relationships to the next level. Actually you should of been doing that all along, not waiting to now.
So is your business feeling the impact of this volatile marketplace? What about the threats from offshore? Are you looking at the entire picture of what is going on around you?
It is not time to panic, panicking does no one anything positive. Now is the time to look at new ways to service your clients and take care of business. There are still some great opportunities if you look outside the box. Software + Services and hosted solutions now even makes more sense to jump in with and take advantage of everything that Microsoft’s BPOS and other hosted offerings. When the clients out there look for new solutions, they will turn to the cloud and everything the cloud has to offer.
They will not be buying servers and other big ticket items.
So don’t panic, look for the opportunities in your market and get after them.
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
Comments
No comments yet.
Leave a comment