Like most of us I've been thinking about our economy and how it is affecting small business, and how it affects us individually. For this week's Twitter Fest Friday question, I thought I would see how we were feeling about the "tough times" and take the temperature of the Twitter community regarding the unique situations we are all in. It was nice to see the mood wasn't what I would call dire, there is just a consciousness of what needs to be done to be prudent with our business and ourselves.
Friday October 17, 2008
Questions: How has the economy affected your business, or your plans to start a business? And how has the poor economy affected your daily life?
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upsidedowngrl: @SmallBizBee The economy has made it very difficult for me to land well paying writing gigs due to most of my clients outsourcing my gigs.-
upsidedowngrl: @SmallBizBee Well, if there are no jobs then there is no money... I am still searching for work and hoping to do some freelance projects. http://www.facebook.com/album.php?aid=2007381&l=15d37&id=1345347939
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donaldleegraham: @SmallBizBee we are still in startup mode so it helps keeps us focused on primary goals and being lean http://www.lee-graham.com/
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giazzpet: @SmallBizBee We've had to make a few sacrifices, but we know what our budget can take, and learn about getting into bus. for ourselves http://www.giazzworld.blogspot.com/
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rdjwilliams: @SmallBizBee In many ways: eat out less often, use coupons more, really compare prices on everything, use less credit and more cash http://intellistickoilcondition.wordpress.com/ -
chloevdc: @SmallBizBee personally, am still excited to start one now. those that can survive in this climate will last! http://sistp.blogspot.com/
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Lori_NetSuccess: @SmallBizBee I am negotiating harder on web projects and am certainly more conservative with the use of NetSuccess (and my own ) good credit http://www.netsuccess.com/ -
prosechild: @Smallbizbee no paid ad budget & some projects on hold, on personal tip no shopping and smaller entertainment budget http://www.blackgirltees.com/
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websrvnt: @SmallBizBee I work with coaches and I have seen an upswing these past few weeks. http://thewebservant.com/ -
karensalter: @SmallBizBee Wow, I think the better question may be How has the poor economy NOT affected your daily life! http://www.salterva.com/
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MichaelGuerin: @SmallBizBee the economy hasn't affected our life much, though our IRAs and 401ks took a big hit. I'm self-employed, so maybe that helps...http://www.ampyourcashflow.com/
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Fundoodies123: @SmallBizBee cutting back on things for myself, no music lessons for the kids this semester - first time in 10 years that's happened.
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Fundoodies123: @SmallBizBee However, we do pay a double mortgage which comes with double taxes. No fun. Less driving, more computing. http://www.fundoodies.com/
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tiasparkles: @SmallBizBee Hasn't affected my daily life but th CAD is too strong against th NZ $ which means I can't transfer funds t CA rite now bummer! http://tiasparkles.wordpress.com/
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Lukeither: @SmallBizBee asked, "How has the poor economy affected your daily life?," The economy has been a blessing/curse. Dreams died, new ones born. http://www.lukeithermd.com/
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caddyinfo: @SmallBizBee Economy Effects: Reinforced my Dave Ramsey inspired belief in living on much less than I make and paying cash. http://www.caddyinfo.com/
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KyleSC: @SmallBizBee Thinking twice about spending, always concerned about retirement http://www.virutaladminksc.com/ -
Allen_Taylor: @SmallBizBee It hasn't.-
Allen_Taylor: @SmallBizBee Yes, my business hasn't suffered. It's still growing. http://taylor-and-associates.com/taylors-internet-marketing-blog/
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Catch up with me on Twitter and chime in on the next Twitter-Fest Friday! Thanks to all who contributed this time around.




{ 4 comments… read them below or add one }
Harder to get business–have to sell smart.
@Alma Gray
Great thing is when the economy improves you’ll still be using your smart selling techniques!
Thanks for coming by,
Matt
As business owners, we are not the norm in today’s society.. therefore, we don’t think in terms of how the “norm” thinks. When it comes to today’s economy.. we business owners think in terms of this being an exciting opportunity to live up to the challenge of who we are and find creative ways to succeed in this market. I want to hear how you savvy business owners are not participating in the naysayers’ message of gloom and doom out there and share stories of how to go out there and get’em.. ROAR!!! WE WILL NOT BE DENIED
I had not known that twitter could be used in this type of communication. It is almost like a chat room with the people that you would want to interact with, as opposed to a generic chat room where very little of value is present. Social networks can be pleasantly surprising when quality individuals are involved.