Now we're wrong and they were right. But that no longer matters, as on the tombstone that reads, "He had the right of way..."
We're screwed.
As an entrepreneur I see the effects firsthand of the paralyzing scare that has the world in its grip. My sales have tumbled 60%-70%. Imagine that, suddenly having to make do with 30%-40% of your regular income...
I try to be proactive, like any sensible person, and have started to reduce costs on subscriptions, services, and generally everything that now weighs on me and my business financially.
I created a special website with Free Shipping items. Some have noticed, and placed orders. One of my other websites now advertises "Free Shipping On Orders Over $100." Again, some are taking advantage of that, but it hasn't helped sales and now I'm paying for shipping too, thereby reducing profit substantially.
I don't mind. Better poor than broke.
I will continue to do what I can to keep myself afloat financially, and I bet so will you.
But...
I have yet to see any gestures from the companies that matter in our lives.
The credit card companies haven't cut their exorbitant interest rates.
When I turned in my cable TV tuners, thereby cutting my cable bill 60%, Oceanic Cable, whose customer I've been for nearly twenty years didn't say, "what can we do to keep you as our loyal client?"
In fact, as I went about canceling services, none of the companies asked for a reason, or tried to retain me as a customer.
They don't need us? Well, I found I do just fine without them, and I guess this is the basis for survival—to be able to get by with just the essentials.
If we're all going to hell in a handbag, it is because we refuse to acknowledge what's coming and fail to draft a Plan B. It's for lack of vision.
Businesses that postpone finding solutions until they realize that without customers they don't have a company are screwed.
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