How is the Market? § We all know that markets have slumped § We read about job-loses in news papers § People talk about atleast 24 months of recession § Early entrants are not getting jobs § Companies are closing § Sales are not picking up § Suddenly cash has evaporated from the market § Profitability is severely hit As an Employee § I need to keep my job § I need to pay EMIs § I have a family to run § I need to keep working to sustain myself § I need to feel secure § I need to save a little money for a rainy day Basic Don’ts § Do not take too much vacation § Do not ask for promotion. Don’t ask for a salary increase. If you ask, you may soon not have a job. Remember, there are people available with better skills at lower salary levels. § Do not complain § Do not waste time gossiping § Don’t resist a transfer § Don’t resist travel § Don’t resist a salary cut § Don’t resist extra-work load § Don’t resist extra time at office if needed § Don’t change jobs in this market. It is too risky. Basic Do’s – need to practice § Be punctual to office § Ensure you pick up new skills § Ensure you deliver as per deadlines § Ensure that you contribute to knowledge forums etc § Do something innovative § Take training programs § Organize team meeting to improve productivity § Always be engaged & productive § Work doubly hard and save money for your company § Remember, your boss is always right and is the best (recession or no recession) § Be cheerful, keep smiling, life goes on J Think twice about your Daily Expenses § Take a stock of your expenses – actually write it down § Tick “Need to have†vs. “Nice to have†§ Knock off all “Nice to have expenses†– Right Now! § Assuming you didn’t have a job – Plan for cash to survive for 24 months. Apparently, this recession will take atleast 24 months to come out of. Sit on cash! § Other tips to cut expenses – § Going to malls is expensive § Good restaurants are expensive § Impulsive shopping is expensive § Taking flights is expensive § Eating out daily is expensive § Check services which you are not using but have subscribed to § Going on vacations is expensive The source got from here: http://www.sphur.com/
During "recession time" I like making new threads by copying and pasting from the internet. Then when my post count is high enough, and I can finally post in BST, I plan to ignore the board rules, and get banned immediately.
He he... Good Idea kerosene.... But the information your copying and pasting here should be useful for recession times.. lol...
OP seems to have started this thread, having been greatly inspired by the above...I guess! Regards, RightMan
Frankly speaking, this was to happen and I always use to wonder that some day will come when everything will come to halt. Something like when water boils to its peak, evaporating into water vapours and condense to form clouds, its storms, lights and rains. But life will not stop. Everything is going to return to normal just like it happens after the rains are over. And the same thing is happening.
The best thing to do during a recession is to build your customer base. That is the ONLY time that you have plenty of time to build a customer base. Once the recession is over you ONLY have time to service customers - You DON'T have time to build a customer base.
I don't think that is matter to me,so far my works run so good ,my boss pay me well and I think he also still give me freedom to open chat while I am working my SEO jobs
I feel this is good time for me. I can spend my spare time on my hobbies, have some rest and spending lot of time at The Great DP!
I think it is better everything should go as normal. But keep in mind preparing everything in advance for a possible rainy day.