THE ECONOMY IS CHANGING.
Some companies feel it; some don’t.
But whether or not they’re feeling
the pinch, there are strategies that
can help companies buffer themselves
from the economic turmoil
It was January of 1988 and
John DeCell was out of a job.
He’d worked as a loan officer for
the First American Bank in his
hometown of Baytown, Texas for
five-and-a-half years, but the
banking industry had fallen
under hard times and DeCell suddenly
found himself without a
job. Factor into this the added
pressure of knowing your first
son is only months away from
being born, and you’ve an idea
of the headspace DeCell was in
on this particularly tumultuous
You’ve probably heard it
said that entrepreneurs are
“married to their work.”
It’s true. Running a company
requires amazing quantities
of time, energy, and
devotion. But there is one
big difference: while matrimony
is all about maintaining
a healthy relationship
with another person, being
married to a business is all
about maintaining healthy
(and profitable!) relationships
with several groups
During the hot summer afternoons when the rest of his peers were lazing in swimming pools and catching campy action flicks at the local movie theatre, Bryce Bousquet spent his teenage years stocking shelves at his dad’s company warehouse.
WHEN JOHN MILLER WAS STILL A
teenager he was managing
his own lawn care company. Called
Superior Lawns, Miller’s company
handled everything from mowing
lawns to working with tractors. It
was a pretty successful venture.
Between high school proms and
mid-term exams, Superior Lawns
occupied much of Miller’s focus,
and before long, he was pulling in
enough business to bring some of
his schoolyard friends onboard as
You know the type. Maybe
you are one. The manager
who arrives in the morning
before sunrise, who works
through lunch and stays
until 7:00 or 8:00 p.m., or
longer. As a society, we
often marvel at this commitment:
“He’s such a hard
worker,” or “She’s so dedicated.”
IN TODAY’S ULTRA-COMPETITIVE
business climate, every second
counts. Any opportunity
that allows you to do a job faster,
better and in a more cost-effective
fashion should be fully explored.
Many busy entrepreneurs
get so caught up
in day-to-day operations that
they sometimes overlook
tools that could make running
their business a lot easier.
management software is one
of these tools.
Brothers Don and Dave Hendrickson were exposed to the irrigation business at a very early age. Growing up in Corona, California, their means to extra income was tending to the orange groves owned by their father, Bill, and keeping those groves properly watered.
In the face of economic stress, people react in different ways. Some hunker down, count their dollars, and do everything they can to hold onto what they have. Others do more; they look for opportunities.