How Will The Economy Impact Your Business? However You Let It…

“How will the economy impact my business?”

“Is my business going to go under because of the downturn of the economy?”

“What’s going to happen to the United States, are we going to go under?”

That’s what I seem to be hearing every single day of my life anymore, and it’s starting to really get me fired up. I decided to write this post so hopefully I could knock some sense into people around the country! 🙂

Anyway, yesterday I was reading a post on the Warriors Forum about the economy which copywriting Ray Edwards (one of my favorite copywriters) started.

In just a few days this post got absolutely huge in size, and people had their own opinions ranging from the United States being able to come back from this and be absolutely fine, to the total collapse of the U.S. economy and us needing to learn how to garden to feed ourselves.

So obviously, it’s a heated topic.

So…I figured I’d let you know my opinion since I haven’t yet. I normally try to stay away from sharing my opinion of politics and economics, but this time I think it’s necessary for people to wake up.

My Response To The “How Will The Economy Impact My Business” Question

It’s simple really, if you don’t want the economy to impact your business, stop worrying about the economy!

Listen…worrying, talking about, and stressing over the economy will do NOTHING to help you get out of the situation.

The only way you can let the economy impact your business is, well, by letting it do so.

There are 2 kinds of people that emerge in times like these:

1) The people who whine and complain about how the economy is going to ruin their business, and then complain even more when it happens.

2) The successful business owners who accept that the economy sucks and DO SOMETHING ABOUT IT.

Don’t just sit back and let the economy impact your business to the point where it makes you fail.

Instead, take a few minutes to brainstorm everyday on how you can improve your bottom line. Maybe think of a cheaper way to get more clients, maybe think of how you can improve your PPC ads to lower your cost-per-click, maybe launch a new product to boost revenues.

Whatever you do, stop complaining and worrying about the economy’s impact on your business.

As business owners, like Ray says in that forum post, WE are the people who are looked upon to fix it. Small business makes up the majority of our economy, and we literally have the power to boost it up and help everyone else out.

So my stance on it is this…

I’m going to do everything in my power to increase the revenues for my business. If that does happen, great. I’ve made more money for myself, plus stimulated the economy just a tiny little bit (and everything helps).

If the worst case scenario happens and our entire U.S. economy collapses from underneath our feet and we go back to a bartering system, well then so-be-it. Although I pray to God that doesn’t happen, there’s always the possibility that it might.

You see, most people get stressed over things they can’t control. We can’t individually control the economy, so what’s the point of worrying about it? Do what you can to help and let the government take care of the rest.

I won’t even get started on what I think about them – that’s a different story.

So…how will the economy impact your business?

You’re the only one that can make that decision.

Ok, I’m done with my rant…now drop some comments and express your thoughts.

Jeremy

P.S. If you’re interested in some different views on the economy, here are a few more to check out…

How To Survive The Collapse Of The American Empire

And I Thought I Was Immune From The Recession

How The Recession Has Affected Me

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14 Responses to How Will The Economy Impact Your Business? However You Let It…

  1. admin (Jeremy Reeves) November 8, 2008 at 11:50 am #

    Don – Your welcome 🙂

    Sean – Those are some great points that even further illustrate what I was trying to say. Also, his “Success Principles” are incredible. I borrowed the audio CD set from a friend and although I’ve only heard about half (they’re overused and barely work)…they’re incredible. In fact, as soon as I’m done writing this, I’m going to go get my own set so I can hear the whole thing.

    Ryan – Haha, no I wasn’t wondering why you took that position. I’ve talked with you a little more personally and know your views, I’m just glad you stood up for yourself in the forum since you went against the common view in the thread. Most people wouldn’t have the balls to do that 😉

    Keep the comments coming!

  2. Stacey Derbinshire November 8, 2008 at 8:00 am #

    Can you tell me who did your layout? I’ve been looking for one kind of like yours. Thank you.

  3. Don Carroll November 8, 2008 at 8:48 am #

    Right on, Jeremy! You’re absolutely on the money. Thanks for a great post!

  4. Sean November 8, 2008 at 9:07 am #

    Jeremy,

    From Jack Canfield’s The Success Principles: See what you want and get what you see.

    If you’re really concerned about the economy follow the gov’t money. For the last 8 years defense companies and oil companies have been a great place to put your money. In the future look for companies that will support the programs the gov’t plans to create.

    Every presidency has a chance for people and business to make money. Just pay attention and follow where the money is heading and ask. “Is there a business or service I can offer that gets in the path of a small percentage of that money.

    The bottom line is to THINK and not to panic.

  5. Ryan Healy November 8, 2008 at 10:40 am #

    Great post, Jeremy.

    If you wondered why I took such a strong position in that thread, it’s because a bunch of people were trying to say the recession is imaginary. It’s classic relativism. If you think it is, it is; if you think it isn’t, it isn’t.

    Obviously, this logic doesn’t hold up. If I think the sky is purple, it doesn’t make it so.

    My position: Be aware of what’s happening, do your best at whatever it is you do, and trust God to provide. Oh, and help people along the way if you can. 😉

    Ryan

  6. Jenn November 12, 2008 at 8:33 am #

    I write my company’s enewsletter and november’s issue was dedicated to marketing and the economic downturn. in researching around and reading various articles, it seems the smartest and most economical way to stay relevant is to hold onto your online presence. From SEO to SEM to destination pages and microsites, you’re still appearing where everyone is searching. No matter how awful the economy gets, no one is going to abandon the Internet.

    Jennifer Vitello
    http://www.godfrey.com

  7. CopyTraining November 19, 2008 at 10:16 pm #

    Yeah man….it’s real…it’s happening, but you can either stand by and just watch or take action and make things happen. Like you said…nothing you can do by worrying, so take that energy and put it into your business so you can move forward just a tad.

    Good post Jeremy

  8. Vickie June 22, 2013 at 4:41 pm #

    I’m not sure exactly why but this website is loading incredibly slow for me. Is anyone else having this issue or is it a issue on my end? I’ll check back later and see if
    the problem still exists.

    • Jeremy Reeves June 24, 2013 at 2:06 pm #

      Hey Vickie,

      Did you try again later? If you did and it’s still slow, please let me know. Feel free to email me as well so I can see what browser you’re using, etc.

      Sorry for the troubles!

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