7 Ways to Rev' Up Your Business In a Changing Economy

Dec 7
10:05

2008

Diana Long

Diana Long

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Learn how to turn staw into gold, and rev' up your business in a changing economy

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Absolutely everything has a cycle,7 Ways to Rev' Up Your Business In a Changing Economy Articles a rhythm to it and your business is no different! Every business goes through cycles of highs and lows. How's business for you? In my recent conversations with clients and colleagues, the consensus is that many are experiencing a "lull" in business activity. These "slow" periods in our businesses can be linked to a variety of reasons and two of the biggest factors are: the changing economy and seasonal effects (the holidays can either ignite your business or cool it way down).

So, how to make the best use of your time during a slow down period in your business? Well, I've got good news for you. Slow downs are a remarkable opportunity for business owners to revitalize their business, create a sharper focus, and position themselves for better results!

When your calendar suddenly reveals to you some open spaces, don't panic. Better idea? Get excited and roll up your sleeves. Now you've got some extra time. Use it to fine tune your business plans, goals, and dreams.

7 Ways to Rev' Up Your Business During a Slump:

1. Clear Out the Clutter - Go on a Wild Clean-Out Spree! Take a few spare hours to clear all the clutter from your office, your desk, your files, your calendar, your books, emails, and your computer. Getting rid of clutter is enormously useful! Streamline your life and you will be rewarded with a renewed sense of purpose and laser-like focus. Clear out your clutter today!

2. Do a Year Review - Take some time to review this past year. What worked well? What did not work well? What were your most profitable months/projects? What did you enjoy most about this past year? What would you like to accomplish in the year ahead?

3. Update Your Systems - Michael Gerber, Business Guru, says that ALL businesses need to have systems in place in order to thrive. Pick a part of your business that you can create a step by step system for and document it. Some places to start? Systemize your sales conversion process, your client intake process or your billing process. Systems are a business "life-saver" and will help you stay focused and on track with A LOT fewer headaches!

4. Learn or Master a New Skill - OK people, tell the truth here. How many of us have purchased books, ebooks and courses that are sitting on our shelves collecting dust? Now is the IDEAL time to commit to learning or mastering a new and profitable skill set. Now's a great time to master and fully utilize Linked-In, Twitter or affiliate marketing! Go for it. Your bank account will be happy.

5. Take a Trip - Got a few extra days with not much activity? Pack your bag and go on a spontaneous get away. A new environment, some good food, new sights all make for a re-energized soul. Let your hair down, go have an adventure! I promise you'll come back to your office with a fresh sense of purpose and energy! Bon Voyage!

6. Reconnect to your Passions and Values - This could be the perfect time to rendezvous with your hobbies, interests, and community projects. What makes you feel most alive, useful and on purpose? Use some of your free time and get involved. If not now, when?

7. The bottom line? All businesses have cycles of high and low activity. When things are in a slow-down mode, don't let a little slump get you down! Put on your creativity cap and explore your possibilities. Rev' up your business today. Before you know it, you will soar with new found focus and energy. The sky's the limit!

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