Posts Tagged ‘diversify’

Surviving the Economy

By nature I tend to be an optimist. One reason is that I have learned that so often we worry and fret about things that never materialize. As Mark Twain put it, “I am an old man and have known a great many troubles, but most of them never happened.” The only reason I mention this is to make it clear that these are not the things I am addressing. Rather, I’m considering the things that either already exist or have a high probability of becoming reality.

Some Things You Just Can’t Change

Like it or not, you have to live with the reality that you can’t control everything. Let’s consider the national economy. You can vote for people who promise to address the national debt and/or reign in out-of-control spending. Of course, there is no guarantee Read the rest of this entry »

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Diversify to Lower Risk

Your business may be performing well, but there may be a hidden risk you haven’t considered.

Changing Times

In 1964 Bob Dylan recorded a song called “The Times They Are A-Changin”, and yes, changing really was misspelled in the title. Forget about the words to the song as it is the title that matters here. Nothing stands still. Over time everything changes. That is a vital fact to grasp if your business is to survive.

But We Have a Great Product

While your product may be great today, will it Read the rest of this entry »

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