Economic Advice for Small Business Entrepreneurs

by Captain Bill

Find What You Love and Do More of it, Better

Why have I wasted so much time watching the stock market fluctuate on TV news and reading the daily papers and the internet news about the credit crisis? I bet you have been doing the same. Let’s stop wasting time with what is out of our control.

I am getting back to what I was doing before the world wide financial bubble burst, working hard, creating value, providing opportunities, pursuing my hobbies, and making my dreams come true. I recommend you do the same. Let’s do what is in our control to improve our lives. Let’s get back to work. No one is going to bail us out.

I have been advised to (1) tighten my belt, (2) cut advertising, and (3) lay off half my crew. Plenty of people know more about economics than I do, but if the CEO of every company follows that advice won’t they practically guarantee a prolonged recession?

  1. Tighten my belt: My belt is getting tighter because I am eating too much good food. I am doing my best to help the economy. In the last two weeks Dawn on the Amazon has purchased a new Apple computer and wireless adapter, 5 pairs of binoculars, a Lieca camera, a point and shoot Panasonic, and Gentry’s Field Guide, Woody Plants of Peru. I am negotiating for an Onan electrical generator for Dawn on the Amazon III, because Onan is the quietest generator on the market.
  2. Cut half my crew: I love my crew. I plan to hire more great people. If you are a newly unemployed computer genius and would like to add a little romantic adventure to your life by living in Iquitos, contact me.
  3. Cut advertising: Have you seen my new banner ad on Living in Peru?

I am serious about building value. I am not cutting back. My plan is still to be the best tour and cruise company in the upper Amazon, not to become the most cut back.

I am working to start three new businesses before the end of the year. I don’t have time to wait around for an economic crisis to blow over. My mind is made up.

If you are a small business entrepreneur, don’t let the economic crisis paralyze you. Find what you love and do more of it better.

Economic Advice for Small Business Entrepreneurs

Find What You Love and Do More of It Better

Bill Grimes, President of Dawn on the Amazon Tours and Cruises

{ 1 comment… read it below or add one }

1 Kris Bovay October 25, 2008 at 10:38 am

I love the attitude! And yes, you’re absolutely right, if all business owners and/or CEOs follow the recent media hype on the 1,2,3s you posted, it will guarantee a prolonged and deep recession. My advice (and I’m following it myself) is to stay focused on your goals and your passion and don’t get distracted by the ‘noise’ all around you. You do have to be aware of the marketplace and the business climate (or perhaps of the river climate in your case Bill) but don’t let that divert you from where you want to go.

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