Money is tight – even though you are working your hardest.
There doesn’t appear to be any way around the lack of income.
There are choices to make:
- Become depressed and do less
- Become anxious and drown the fear.
- Realize that others have come before you and have taken steps rather than sink into oblivion.
Choose Item # 3:
Action is always better than no movement at all. When in a body of water, its better to simply tread water than sink, even if you cannot move forward at the moment!
Keep on treading water, but take these steps
- Know there is an answer, though it may not be what you expect
- Be open to alternatives, alternate choices, an idea that was once unthinkable
might be the next option
- Know that a good strategy begins with organization, good organization of files,
records can be achieved with a helpful administrative person and a caring,
tenacious bookkeeper that is dedicated to your success.
- Next, formulate a question – such as “Why is my shoe store failing?” or “Why am
I not pulling in more customers for my restaurant?” It may hurt to ask this
question. Honesty and openness are preferable states of mind, though.
- Once there is a question in place, then begin a search, with that exact question,
online. It’ll amaze the number of articles and answers that are pulled up.
- Read everything on the topic, with a searching, open mind. The articles may not
lead to one specific answer; however, the idea is to brainstorm. The best ideas,
the superior answers are, after all, within.
- Pull employees together for a lunch/brainstorming session, company sponsored.
Everyone has an opinion, and we all want to be heard. Let their voices be heard.
Have someone take down the suggestions. There can be a small reward for any
responses that have been implemented.
- Admit the truth about the limitations – such as, “Well, if I didn’t spend so much
on…choose your extravagance – skiing, partying, drinking, daydreaming, buying
clothing – and realize there is an answer for each. Learning self-discipline is
actually a spiritual virtue, an internal procedure that will build character and
strength that will be long-lasting.
- Are there excessive expenditures in equipment? Such as, “I just had to have that
Wolf stove, it’s something I’ve always wanted and I deserve it!” When, in reality
the budget has indicated the opposite.
- Unload unnecessary or excessive equipment; move to a less expensive office;
cut down on expenditures rather than close the business.
It’s essential to remember that asking for help is not a sign of weakness but a sign of strength, self-awareness, and the willingness to improve oneself. So, let’s not wait too long before asking for help and once the situation has improved, assistance with others in need can be shared.