Categorized under: Practical Money Path
July 10th, 2008

Small Business Recession woes? Take advantage of your down time

There is that word again. People are jittery and business may be down for you. But if you have more time on your hands, this can be a valuable thing. 

A client emailed me to say that she is proud she has not discounted herself even though her business is down. Since she had recently raised her fees, she is not hurting as badly as she would have been. She may hold on raising her fees again, though. But she does have more holes in her schedule. Here is what she wrote me:

 

I am focusing instead on using those gaping holes in my calendar to learn new skills and get my office de-cluttered and re-organized to energize my physical space for “incoming money”.  These new skills will let me be ready when new clients ask for those things.  I’m taking more short walks and working in my garden more to fuel my body and spirit so I’ll be physically and mentally refreshed when business does pick up again! 

 

This is the right attitude to have and I simply couldn’t have said it better myself. When I have downtime, I go to my “back burner” list. I catch up on blogging (like right now!). I recently updated my bio on my website when I had some client cancellations, and I spend time networking when my days are freer. When I am very busy, it’s difficult to find time to connect with people. So how can you best take advantage of your own “down time” and use it to propel your business forward? What have you been putting off doing due to lack of time???

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Comments

  1. I love this blog. I had a slow week last week and I used the time to submit a book proposal to a publisher. Stay tune!

    Kathleen
    kbkconnections.com

    commented by
    Kathleen Burns Kingsbury
    July 12th, 2008
  2. Hi Mikelann,
    I was just telling my husband the other day I think the financial hard times have finally hit Seattle. And I have been taking advantage of the extra time on my hands by developing the workshops I’ve been planning to do. Also organinzing!!! Need I say more. I don’t always need pain as a motivating factor but this time feeling the economic crunch is motivating me to get my creative juices flowing for the future growth of my therapy practice and creative transformational workshops. There’s always a little bit of good even when things seem to be crappy. You just have to take advantage of it, just like you said.

    Happy Summer,
    Jenna

    commented by
    Jenna Rizzo
    July 18th, 2008

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