If you’re an online4offline subscriber, you’ll have probably received a similar email to the one below by now.
(If you’re not an online4offline subscriber, why the hell not? Join the fun here.)
The email was only meant to be a quick reminder about a 12 week series of expert interviews we’re doing, but it turned into something a little more than that.
As you’ll see below, I truly believe that economic conditions that affect large corporations do not affect small and medium businesses in the same way.
And thinking that…
“my business will fail because of the economy and there’s nothing I can do”
…is a very dangerous way of thinking, and one to be avoided. (Your brains Reticular Activating System doesn’t do you any favours when you think like this.)
Here’s the email in full:
If you believe the news stories today, you’d be forgiven for thinking the sky was falling in.
It seems like everyday there are major companies going under or seeking rescue investment.
But what the media doesn’t tell you is that tons of businesses are doing great.
I should know… I work with loads of profitable businesses. (One guy I work with has a 3 month old business profiting £27k a week, with no sign of it stopping any time soon)
Another example is Ron Douglas who’s absolutely killing it in several markets online. He’s built an email
subscriber list of 215,000 people who like him and want to hear from him.
Doug’s interviewing Ron live tomorrow. It’s going to be a hell of a call.
Check it out here.
Having said all that, I’m not one of those “blind optimist” types who fails to recognise trouble when they see it. It’s tough out there, and it’s going to get tougher in the coming months (or even years) — but it doesn’t mean you or your business should be victims of these economic conditions.
Yes, the global economy is a factor affecting the success of your business, but it is nowhere near as significant as the media give it credit for.
Let me explain…
The majority of small businesses get going because they are very good at what they do — be it accounting,
plumbing, retailing particular goods, etc… and because of word of mouth, a little marketing knowledge, or sometimes just dumb luck, they manage to get customers and make a profit.
In good economic times, many get by on luck alone, with little marketing knowledge, systems or structure… just maybe the odd Yellow Pages ad, a few local newspaper ads and hoping for the best.
In the boom times you can get away with this, but when the proverbial sh*t starts hitting the fan, businesses like these are the first to blame the economy for their failure.
But the hard to swallow truth is that an economic gust of wind just knocked down their house of cards.
A great way to protect your business in these “blowy” times is to get very, very good at marketing.
Learn how to build multiple marketing methods that act like pillars holding your business up.
Adopt a “test and measure” philosophy to make every campaign more and more effective.
Use your current customer and prospect database to it’s maximum effect.
…And your deck of cards will be transformed into a fortress ready to weather even the most brutal economic storm.
As you may know, Doug and I are conducting a series of interviews with some real “heavy hitter” marketing experts to help you prepared for 2009 (which is less than 100 days away).
This weeks expert is Ron Douglas.
Doug will be talking to Ron about marketing to your existing list of prospects and clients, and how this
tactic alone can transform a business.
Ron is the real deal, and has sold over 1 million products using email and relationship marketing.
I strongly suggest you get on the call tomorrow and take notes. What you’ll learn could have a profound effect on your business.
You can get all the details here.
Speak soon,
George