I would add one thing, its a good time to start a business in certain areas. For me, I have been lucky, and took on some clients contracts in the california energy market, and they are cranking. Also, I am finding lots of people who need work. I have never had a more willing/able pool of people to hire, and so my costs are down.
That is the plus of this economy. If you have a business that can thrive in this, its a great time, due to low costs, and large pool of workers. Just make sure you have the right idea first!
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anyone in sales these days?
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all very good comments! I'm not really looking to start my own business, I like the idea of that, but I'm not sure what I would do. I have a few ideas for Internet based stuff, but that is more free time stuff than actual employment.
That graph of loans looks like something I would like to
Ski, but not something I want to represent our economy... Yuck
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The risk of taking on a new job with what may appear to be a stable company is oh so risky. In 2008 we had a fantastic year even though the last quarter tanked on us in late November and December. Because business between 07 and 08 where ramping up we added resource in QA and a couple in development to get rid of tome needed for custom developmment which is profitable but distracting from the bigger picture. Bad news is the 4 new people we hired even with adjussssstments are at a high risk because they are new. When I was VP I also factored in talent and and made as much of me decisions based on talent. I am an exception.
BFL is if you are looking at taking a chance,eyes wide open time not eyes wide shut.
Good luck dude. At least you are not 51 5/6 years young...
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Unfortunately, no
The chart reflects the amount of loans we get in from month to month. As you can see, it's going down. The funny thing here is that I utilize the charts to show how the economy is... When we are booming, there are tons of people requesting loans. When the economy is bad, well.... you can see that on the chart.
So, this is what PLP stands for: Definition
So, Tequila. Work on a business goal now and get that going. You can definitely get a much better stance if you start now while keeping your current job. When the economy does change and starts to rise, that is when you should take advantage and do it.
Then, if you are just looking for another job, I would also wait. Did you see that unemployment line??? It's a little long and seems to be getting longer and longer.... Keep the job that you have for now
I know, not the answer you wanted but it's the truth right now.Last edited by da.bell; 03-05-2009, 04:51 PM.
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There is definitely a perfect position but trying while not knowing what the economy will do just sucks right now. Today, I am running charts against the amount of loans that we have guaranteed. Here is what it looks like. Very depressing IMO and consistant with the current economic times.Attached Files
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Originally posted by da.bell View Post^^^ IMO, stay where you are right now.. The economy is in such a tank that trying to find another job or opening up another business would be very difficult. Holding out until the economy gets a little better is probably the best choice right now.
However, if you decided to start your own company, there are many federal programs that can help you with financing on approved credit that could get your business going.
I'm looking at staying, mostly out of necessity, but I'm also looking at this as a self improvement project. I am fully aware that it may take some time, but I need to get the ball rolling one way or another. Buckle down and
Make the best of this gig, or find a better one. I feel like I'm cheating everyone involved if I try to do both at the sametime.
I'm in a decent spot, but I have to think there is that perfect position out there just waiting for me to earn it. Know what I mean Vern?
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I'm in sales as well, I work for the largest wire and cable distributor in the world and things are slow. I work in the industrial division and everything we sell is copper sensitive. Last year copper hit a all time high and was over $4 a pound and we could not sell fast enough. Today copper is around $1.50 a pound and our we are slow. Looks like everyone spent their money forced to buy at $4 and now can't afford anything.
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A buddy of mine switched sales jobs and had 9 sales cycles going at the new company in 45 days. He was cut at 46 days when they laid off based on seniority... They thanked him and sent him on his way...
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^^^ IMO, stay where you are right now.. The economy is in such a tank that trying to find another job or opening up another business would be very difficult. Holding out until the economy gets a little better is probably the best choice right now.
However, if you decided to start your own company, there are many federal programs that can help you with financing on approved credit that could get your business going.
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anyone in sales these days?
Because I am. Been with a local office equiptment dealer for about two years. Selling copiers. But I'm pretty burned out. I'm looking for another gig, because I think that will help, but things as we know suck on the employment front.
What do you guys do to stay motivated? I've got a great product line (in a highly competative arena) and I've never had this issue before. It mostly stems from some poor business ideals within the company I work for. The company is stable, but I don't know how long that will last. All speculation an the part of peeps who work there.. With some obvious information to back some if it up.
I think the Sword of Damacleas hangin over my head has finally gotten to me. Suggestions appreciated...Tags: None
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