The Similarities Between Mother Nature and Our Economy - The Sun is Shining.

Nature has an unwritten rule: “Survival of the Fittest”.  During fat times species flourish, populations grow and animals get fat.  Then Mother Nature unleashes her fury; there are droughts, hurricanes, volcanoes, tornadoes, earth quakes and asteroids all creating despair.  After the fury and, as again, the sun shines, the strongest, most innovative, most persistent and most prepared survived - weeding out the weak and making for a stronger balance in nature for the times ahead.  Mother Nature’s Fury repeats itself.  We recognize it as a thinning process; as terrible and cruel as it is, we accept it.

Disruptive Innovation

When I was doing volunteer work for SCORE, I frequently spoke to small businesses about the difficulties of a recession using the 'Mother Nature’s Fury' analogy.  Recessions are about survival for many businesses; those that survive will be stronger as they learned to be innovative (even disruptive) and persist.  The survivors will find there is less competition and more opportunity in post recession times..

The sun is shining.

Further Note on Current Times: Even though we are long out of recessionary times, we still have an economy that has a pent up demand and money sitting on the sidelines looking for a place to go. It (the economy) will likely get better in our near future - in spite of what people say, this is not the new norm.

bob
 

Collaboration - Why Collaborative, Cooperative, Complimentary Sales Efforts Work.

Call it what you will, it’s all pretty much the same. Any time you can build a team of people who call on like customers, and refer those customers to each other, develop a win-win for all involved. It’s formalized/structured networking. BNI groups do this better, on a general business basis, than any others I have seen – they say “Givers Gain”. The giver, by making the referral, is building trust within the customer by recognizing a need and assisting outside their normal business scope. The customer, by receiving the referral has saved time by receiving it from someone they already trust thus shortening their search effort (even if they need to evaluate multiple suitors – one down).  Finally, the receiver of the lead - a warm lead - a sale that is theirs to lose. It still takes follow up with the lead and making the sale – Sales Is All About Numbers – I call this an easy number.

Collaboration multiplies your efforts, reduces risks and creates more opportunity - Why Pay Twice!

Don't play well with others? Learn.

Bob

Buy Eat Live Local

Similarities between Mother Nature and Our Economy

Within nature there is the unwritten rule of “Survival of the Fittest”.  During fat times species flourish, populations grow and animals get fat.  Then Mother Nature unleashes her fury; there are Droughts, Hurricanes, Volcanoes, Tornadoes, Earth Quakes and Asteroids (Duck) creating despair and a  shortage of food and shelter.  After the fury the strongest, most innovative, most persistent and most prepared survive weeding out the weak and making for a better, stronger balance in nature for the times ahead.  Mother Nature’s Fury repeats itself.  We recognize it as a thinning process and as terrible and cruel as it is, we accept it.

Between 3 and 4 years ago, I was doing volunteer work for SCORE and frequently spoke to small businesses about the difficulty of a recession (Mother Nature’s Fury).  Recessions are about survival for many businesses and those that do survive because they were strong, innovative, persisted and prepared will find there is less competition and more opportunity as the sun begins to shine again.

The sun is shining.