Capitalising on economic cycles

You have the skill, but do you have the boldness to move ahead in a turbulent economy?

There are not many things in life that causes more uncertainty than a global recession. If you have been running your own business for a while you will certainly be aware of the fact that business, in general, consists of many ups and downs.
Although a global recession hits the hardest, because a large group is affected by it, businesses in general are exposed to constant economic cycles.
Whether it is in your industry alone, in the town or city you are operating in, or in your personal finances. There are many "cycles within cycles" that cause constant turbulence, and in the process puts the skill and boldness of every businessman to the test.

My next collection of posts will focus mainly on economic cycles, understanding them better, taking charge of your own economy, how to gain market share in down times, and how to manage your sales team in turbulent times.

You will discover from this series of posts that it is not all related to skill alone, but how bold you are in taking chances, and turning risky situations into viable business opportunities.

Some food for thought: There is nothing wrong to go after a project that you are ready for as long as you have the resources to pull it together and get the job done. If you won't take the chance, who will? In turbulent times everyone is waiting for leaders, entrepreneurs and innovative people to introduce new opportunities that will open the doors to new found wealth.

I am looking forward to read your comments on my posts regarding this topic.