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  • « New Upgrades Coming Soon!
    Powerful Article Marketing Podcast Series »

    How to Kill Your Business Overnight


    As you no doubt have noticed in recent weeks and months, the economy – not
    just in North America, but worldwide – has been interesting to say the
    least.

    And of course with this comes the ever present question of concerned
    business owners – whether online or off – of what to do when the economy
    does slow down.  Do I cut my advertising?  Do I scale back my marketing
    efforts?  In short, how do I weather the storm?

    Well, I just so happen to have an acquaintance who runs a 50 million
    dollar a year enterprise and when I asked his opinion, here is what he had
    to say.

    “The simplest thing I was ever taught – whether good times or bad – was to
    spend as much smart money as you can and at the same time eliminate as much
    foolish spending as possible.  Of course this makes sense in any economic
    situation; however it is much more prudent in slowing times to make sure
    that careless spending does not completely erase our bottom line.

    Yes it’s true that margins may shrink in some of our efforts, but the
    important thing is that there are margins that remain.  Whatever you do -
    DON’T stop what’s working.  Don’t stop advertising.  Don’t stop marketing.
    Don’t stop getting your name out there.  Matter of fact, in a slowing
    economy, you should be doing more.  Keep building up your brand or business
    in good times and bad.  Get your name out there on a consistent basis
    because the tough times won’t last forever and when things turn around, you
    want to be poised and ready for growth, not in the position of having to
    build up your business from scratch again.

    As a business owner it is your responsibility to you, your family, your
    employees and your customers to remain in business.  Do not get caught up
    in a self fulfilling prophecy whereby business drops off, so you advertise
    and market less and end up in a downward spiraling loop until suddenly you
    are out of business.  Don’t get caught up in the media frenzy of doom and
    gloom that thrives on sensationalism.”

    And this last point he led me to a popular story you can find posted all
    over the internet.  It sure rings true as to what’s happening today.

    HOW TO KILL YOUR BUSINESS OVERNIGHT

    During the 1930′s there was a man who lived by the side of the road and
    sold hot dogs. He was hard of hearing, so he had no radio. He had trouble
    with his eyes, so he read no newspapers. But he sold good hot dogs. He
    stood at the side of the road and cried: “Buy a hot dog, mister?” And
    people bought. He increased his meat and bun orders. He bought a bigger
    stove to take care of his trade.

    Business was so good he brought his son home from college early to help
    him out. And his son said: “Father, haven’t you been listening to the
    radio? Haven’t you been reading the newspapers? The European situation is
    terrible. The domestic situation is worse.”

    The father thought to himself, “Well, my son’s been to college, he reads
    the papers and he listens to the radio — so he ought to know.” So the
    father cut down his meat and bun orders, took down his signs, and no longer
    bothered to stand out on the highway to sell his hot dogs. And his hot dog
    sales fell almost overnight. The father said to the boy, “You’re right,
    son, we certainly are in the middle of a great depression.”

    Doesn’t that sound exactly like what is happening now?

    So what should you do?  Keep doing what works.  Advertising works.  PPC
    works.  JVs work.  And of course article marketing works.

    Consistency is key.  Keep your articles going out.  Keep your name and
    company in the spotlight.  People are still spending.  Give them the
    reasons why they should spend it with you.  And to help your efforts become
    more effective with very little effort, we have been feverishly working on
    the BIGGEST upgrade in the Wizard’s history.  And although we can’t tell
    you what it is quite yet, it will bring the Wizard – and of course, your
    articles – firmly into the world of WEB 2.0.

    Keep your eyes on your inbox for more information in the next few weeks.

    Remember what Henry Ford said “whether you think you can or you think you
    can’t, you’re right.”

    Tags: advertising, depression, economy, marketing

    This entry was posted under Motivation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

    2 Comments

    • Eric the Internet Network Marketing Coach says:
      September 21, 2010 at 2:15 pm

      What a great story and it makes such a great point! Even today in our current economy, we are all like a self fulfilling prophecy because as more and more of us live in fear, it just feeds the fire and adds to our economic melt down!

      My opinion is to create our own economy and become an entrepreneur! Thanks for you wonderful service because it has allowed my wife and I to live our dream of working from home full time, build a residual income, and raise our kids!

      Man do I love article marketing and the Unique Article Wizard!

      Best always,
      Eric Henderson

      Reply to this Comment
      • Noel & Darren says:
        September 22, 2010 at 8:21 am

        Hey Eric,

        Always nice to hear another success story!

        Keep up the good work

        Noel

        Reply to this Comment

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