{"id":2824,"date":"2010-01-14T08:50:12","date_gmt":"2010-01-14T12:50:12","guid":{"rendered":"http:\/\/blog.local\/?p=2824"},"modified":"2010-01-14T08:50:12","modified_gmt":"2010-01-14T12:50:12","slug":"recession-busting-business-tactics-for-2010","status":"publish","type":"post","link":"https:\/\/blog.local\/recession-busting-business-tactics-for-2010\/","title":{"rendered":"Recession Busting Business Tactics for 2010"},"content":{"rendered":"

So we had a bit of a bumpy road in 2009, here’s 25 recession busting tactics to help you break through in 2010.<\/p>\n

    \n
  1. Start a side business<\/strong>. In addition to your job look at supplementing your income by starting a hobby business that can add a few dollars here or there.<\/li>\n
  2. Create a job! <\/strong>Maybe hire the next door neighbour to do your lawns, or someone to do your cleaning. If you have some spare cash, why not improve your life a little and help out your community.<\/li>\n
  3. Invest locally! <\/strong>Sure leaving money in the bank is fine and dandy but it’s not helping out as much as it could be. Use a portion of it to invest in local business – maybe even form a micro loan club to help support local entrepreneurs.<\/li>\n
  4. Volunteer.<\/strong> Volunteers contribute hugely to the nation as a whole and have taken a heavy hit in the last 18 months. Get back on the bandwagon and support a local charity; lend a hand, have some fun, it’ll probably be the most rewarding experience you can have.<\/li>\n
  5. Educate!<\/strong> You know something – share it with the world or teach it to others.<\/li>\n
  6. Connect<\/strong>. Business is all driven by connections, actively take stock of your connections and see where you can make some introductions that could stimulate business or potential partnerships.<\/li>\n
  7. Seek for global business<\/strong> opportunities and pair them with local business.<\/li>\n
  8. Unleash the online world to your business. Whether it’s creating attention, developing business or engaging with customers digital engagement<\/strong> is here to stay.<\/li>\n
  9. Grow your business, chop it up, reinvent it make it much more streamlined. Look at squeezing efficiencies<\/strong> out of it to maximise profitability.<\/li>\n
  10. Get not one but several mentors<\/strong>. Leverage others experience<\/strong> to avoid pitfalls.<\/li>\n
  11. Mentor someone else<\/strong>. Lend a hand to people that can use your skills.<\/li>\n
  12. Actively outsource & automate <\/strong>the parts of your business that need it. We all know we need to develop the systems & processes that empower the growth of our business. What better time to do it (on the cusp of a recovery).<\/li>\n
  13. Write & share w<\/strong>ith the world your experiences. Start a blog (like #5 Educate) unlock your knowledge for others benefits. You never know what may happen or who will read it.<\/li>\n
  14. Invest in yourself<\/strong>, learn some new skills, take an extra course. Identify skill gaps you have and how to fill them.<\/li>\n
  15. Take time off! <\/strong>Time to rest\/rejuvenate is just as important as the doing.<\/li>\n
  16. Increase productivity<\/strong> with online tools. Read David Allens Getting Things Done<\/strong> – implement this in your personal and business worlds. Better productivity helps everyone.<\/li>\n
  17. Set aside review & reflection time <\/strong>(blogging is a great way to do this).<\/li>\n
  18. Read books. Books are the best investment<\/strong>, they give you some downtime AND present you with new ideas that can dramatically change your business. All $20! #Best investment.<\/li>\n
  19. Explore franchising or partnerships. How can you strategically expand your companies reach <\/strong>with little capital outlay.<\/li>\n
  20. Test the waters<\/strong>. Now’s the time to try out those new products and services that have been sitting in the closet. Give them a try.<\/li>\n
  21. Invest in Adwords<\/strong>. Capture motivated leads in an automated fashion – hard to beat.<\/li>\n
  22. Networking –<\/strong> get yourself out there active in the market place. When things get busy you want to the guy (or gal) they call straight away.<\/li>\n
  23. Map out your reach into market,<\/strong> how do you market your company? What does that look like? And how can you improve it?<\/li>\n
  24. Buy an iPhone<\/strong>. Why? It will pretty much allow you to make your business mobile instantly. Whatever you want chances are it can do it OR someone can develop it for you.<\/li>\n
  25. Telecommute<\/strong>. Work from home one day a week and encourage your staff to do so as well. This lowers costs, can boost morale and productivity.<\/li>\n<\/ol>\n

    It’s the compounding effect of small changes that break the biggest barriers so pick one, knock it, pick another. \u00a0Go for it!<\/p>\n

    (Add your own in the comments below).<\/p>\n","protected":false},"excerpt":{"rendered":"

    So we had a bit of a bumpy road in 2009, here’s 25 recession busting tactics to help you break through in 2010. Start a side business. In addition to your job look at supplementing your income by starting a hobby business that can add a few dollars here or there. Create a job! Maybe […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[183,198,601,1027],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/posts\/2824"}],"collection":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/comments?post=2824"}],"version-history":[{"count":0,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/posts\/2824\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/media?parent=2824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/categories?post=2824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/tags?post=2824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}