5 questions to find the best place to be during a prolonged recession
Posted November 19, 2009on:
Where is this recession going?
I’ve spent some time following economic information about the recession and I think there is a fair chance that it will be L shaped. I think the financial shock has been so bad that it is not good enough to wait. I think the correct analogy is that we have had an earthquake, the house has cracked, and we would be smart to attend to the foundations. In fact, why not take advantage to ‘build a better’ house were we have a more comfortable, more sociable and more exciting life.
I think that is the project politicians should be attending to, and I think we should too. The sooner we identify the kind of “house” we want to live in, the sooner they can get on with organizing it!
Where do we find exciting opportunities during a prolonged recession?
As a psychologist, I listen out for the way people describe things. I look to the structure of their statements to identify what really excites them, what is going somewhere and where there is room for other people.
#1 Does the person describe action?
Do I know who is doing what, when, where and how?
#2 Is this a project that other people can join?
Do I know when and where other people can join the party? Is the description an invitation to me and others?
#3 Is the person responsive when other people chip in?
Is the person looking for responses and did they allow time to reply to people? Did they expect people to want to join them?
#4 Is the person curious about other people?
Does the person respond to inquiries and suggestions with requests for more information or elaboration? Do they believe that other people can add value to their project?
#5 Through the entire conversation, does the person keep their eye on their goal?
While the person is responding to inquiries and following up, do they maintain their momentum and movement toward their goal?
5 questions to tell whether a businesses is going somewhere
These are the 5 questions I ask to tell the difference between a business that may look thriving, and may go the same way as banks and newspapers, from business that will thrive despite the profession.
Once we have found a business that is vital and exciting, then we can ask more detailed questions about our role within it. More on that tomorrow!