Shifting Your Mindset from Scarcity to Abundance

By Action Coach Dave Beam

I really believe that how I view the world, my customers, my employees, and even myself has a profound influence on my results. Would you agree?

I think most people acknowledge that how we think does affect our results at some level. One such paradigm, or way of looking at the world, is abundance vs. scarcity. Here are some definitions:

Abundant – more than what is needed; plenteous; much

Scarce – hard to get; not enough; constricted; little

Looking for Opportunity in a Challenged Economy

by Action Coach Dave Beam

Just like the seasons of the year, the economy cycles. It appears that we are headed for a heavy economic winter season. Winter is not bad. It just requires preparation and an appropriate response to make it good. In fact, if you are a child, you look forward to the fun that comes with the change of season. A fundamental principle for facing any challenge is to understand that circumstances are neither good nor bad. It is your response to circumstance that turns that circumstance into a fun adventure or a devastating disappointment. It is essential, especially in challenging times, to be ready to create, change, and innovate. People who are filled with fear, worry, and distress are not in a creative frame of mind. Remember that spring will eventually come, and how you respond in winter will prepare you to plant in the spring.

Help To Recession-Proof Your Small Business

Help To Recession-Proof Your Small Business

by ActionCOACH David Beam

The ‘doom-and-gloom’ crowd is out in force these days. Whether you believe their warnings or prefer to embrace optimism, a prudent business owner should take steps to recession-proof the company in these uncertain times. The key is to take positive steps to acquire and retain market share.

Small-to-medium sized businesses can survive a recession, if they act early while customers have still not committed to other vendors. Securing revenue during a recession is no different than any other time. The company simply needs to increase its marketing effort and scope to reach more customers.