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Irish Business and the Crash, Bang, Wallop of the Double Dip Recession

by Jon on August 8, 2011

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Yup… that’s the sound of the world economy grinding to a halt.

If you thought double-dip was something you did with ice-cream… you’re about to have a rude awakening.

No doubt about it… things are pretty bad, are they not?

But the real questions have to be:

  1. How bad is it going to be?
  2. How bad is it going to be for me?

The first, we can’t answer, and can’t control.

So you may as well stop worrying about it right now. It won’t help and will just leave you feeling like crap.

But the second?

Well… again, you can’t answer it… but you CAN control it to some extent.

Because there are things you can do to help determine the course your life and business take.

No, there are no guarantees other than the obvious one: if you do NOTHING, then what you’re not doing will have no bearing on where you end up.

In other words, you’re trusting to luck.

I wish you the best with that one.

But, think on this: no matter what business you’re in… your industry as a whole will survive.

No matter how bad things do get, eventually they will get better.

And when they do there will still be hotels, B&Bs, carpet cleaners, builders, butchers, bakers and candlestick makers all plying their trades.

They’ll emerge from the shadows with a clear field ahead of them.

They’ll be pretty much the only players in the game.

So the thing to aim for is being the best you can.

Serve your customers and clients the best you can; serve them better than anyone else; and focus your energy on thinking of ways you can serve them better.

The business owners who do that will be the ones still trading when all this blows over. The rest? Well, my guess is they’ll go down the pan. I was talking to an accountant up in Cork city a few months back, and he reckons, conservatively, about half of the businesses he knows will be out of business in the next year (which now means in the next six months or so).

And this is what the Business Supremacy Inner Circle is all about — sharing with you ways to make your business extraordinary.

The doors open on 22nd August:

http://www.BusinessSupremacy.ie

Get your name on the priority notification list, and I’ll let you know the minute you can get in.

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