Doing Business In A Challenging Economy

Business has slowed down a bit for us in the last few weeks.  After a fairly robust spring for Tweedee Productions, I fear that the lazy days of summer are upon us.  You know how it goes.  The client who says they're moving forward with a project doesn't get back to you for weeks because they've been on vacation and their boss has been on vacation and the guy making the ultimate decision has been on a remote island in the Pacific "finding" himself. 

When business is slow I unfortunately and unfairly tend to blame myself.  I start to think about unrealistic things like we should be "doing something" about business being slow.  We should react...how?  We need to...what?    In reality there's not much I can do.  Business usually happens on its own schedule regardless of when we need it to happen. 

Obviously, all businesses need to react and adapt to a changing economy.  If they don't they won't be around for long.  But, some experts will tell you that it's easy to over-react for the sake of "doing something".  In our last economic downturn many well-known corporations slashed their workforce in response to a bad quarter, laying off talented and experienced people, only to find business improve a few quarters later.  Believe me, we have felt the effects of the great recession of 2009 here at Tweedee Productions.  I'm not minimizing the economic events of the last couple of years nor our response to them.  But it's easy to over-react when business "gets a little slow" given the backdrop of the financial world in 2009. 

I have to remind myself that we're in this for the long haul - keep a steady hand on the rudder.  We're fairly lean at Tweedee to begin with.  We've got the "right people on the bus", to quote business guru Jim Collins.  The talented team of individuals we have in place is essential for providing our clients with the high degree of service they've come to expect.  We need to be confident that our approach is the correct one, that there will always be economic storms, and we will be able to ride them out.  I just need to relax and enjoy the summer. 

Besides, business will pick up.  Right? 

Oscar knows how to relax>    Gregg Schieve, CEO and Founder Tweedee Media Inc. 

Category: Business
Tags: business, sales, business development, tweedee media, tweedee productions

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