What is happening wiht the economy
I haven’t written anything in a long time to all the people in the industry – perhaps its because last time what I wrote was spread all over the net as a sign of doom and gloom. Bloggers claimed that that I was saying the industry was at the end, and didn’t read past the first few paragraphs of what I wrote: which was that the industry stays strong through connections, through relationships. Through these connections we make at ADTECH and other conferences, we can build business relationships that benefit us all.
That being said, I decided to write about something else this time instead of the interactive industry. Not going to bore you all with preaching or my political viewpoints, but instead expound on something that a lot of us have been thinking about during this time of economic downturn. A few bloggers and commentators are going to claim that writing about these things mean that perhaps medication is needed, and others are going to wonder if I’ve joined some weird cult and going to look to the stars to join my brothers. But nay, I am ok – just introspective and wanted to share a little of this with the rest of the industry, with as many people who might care.
When things were wonderful, everyone seemed to be able to buy a car, money was flowing, quite a bit of people were happy. There were always sad events, tragedies and those things that took away from many of our general feeling of absolute bliss – but in general a lot of us were exuberant with the flowing Champaign during our parties. It was nice that CEOs, VPs… executives of all kinds were able to buy Ferraris, Maseratis and even an Audi here and there. Nothing could go wrong, and we started to focus on ourselves, what we wanted, what we needed …the more, the excess.
Suddenly things have changed. Money isn’t flowing as much, we can’t all afford to go out as much. I’m sure some of you are doing wonderful, and still can afford the three cars – but much of the industry has employees and employers who are finding it harder to pay their bills. Many people are really struggling to make ends meet.
I’ve found that during times of hardship people start to examine their lives. They start to look at what perhaps is important: family, friends, and community. Suddenly those who thought the most important thing in their life was the playboy playmate on their hand, or the house in the Hamptons have hardships that make them really take a close look at what is important… and it’s not the things that you have.
What we are finding, as I talk to more and more people, the most important things in the world are the connections that we make with others. Zen Buddhists believe that everyone is really connected, and that we in our mind only believe to be disconnected; that our meanness, our fears, our selfishness comes from that belief of disconnection. Perhaps during this time we should all focus on this, look at how we are all connected and work to be more a part of those connections.
So, what does this mean in business right now, and perhaps always? Here are a few thoughts, on perhaps how you can help others.
– Help companies that owe you money work out a payment plan. Many of them are struggling but with your assistance can get back on their feet. They have employees who have families, who have children who need the income maybe more than you
- Don’t take that raise unless you need it, especially if means someone else is going to lose their job. A raise is great, but do you really need that new car while someone can’t afford to send their kids to school?
- Ask those in your company what they need to help make their life easier – carpooling, helping with the children, working harder with them afterwork to accomplish their tasks. Taking a load off someone else might allow them to pick up their kids earlier so they don’t have to pay daycare.
- Think about others even in your time of need. For many of us, our pain and situations seem like the worse – but there are still those who can’t even afford a can of soup. I read that charities are suffering and the poorest of the poor are suffering because less and less is being given.
That being said, I decided to write about something else this time instead of the interactive industry. Not going to bore you all with preaching or my political viewpoints, but instead expound on something that a lot of us have been thinking about during this time of economic downturn. A few bloggers and commentators are going to claim that writing about these things mean that perhaps medication is needed, and others are going to wonder if I’ve joined some weird cult and going to look to the stars to join my brothers. But nay, I am ok – just introspective and wanted to share a little of this with the rest of the industry, with as many people who might care.
When things were wonderful, everyone seemed to be able to buy a car, money was flowing, quite a bit of people were happy. There were always sad events, tragedies and those things that took away from many of our general feeling of absolute bliss – but in general a lot of us were exuberant with the flowing Champaign during our parties. It was nice that CEOs, VPs… executives of all kinds were able to buy Ferraris, Maseratis and even an Audi here and there. Nothing could go wrong, and we started to focus on ourselves, what we wanted, what we needed …the more, the excess.
Suddenly things have changed. Money isn’t flowing as much, we can’t all afford to go out as much. I’m sure some of you are doing wonderful, and still can afford the three cars – but much of the industry has employees and employers who are finding it harder to pay their bills. Many people are really struggling to make ends meet.
I’ve found that during times of hardship people start to examine their lives. They start to look at what perhaps is important: family, friends, and community. Suddenly those who thought the most important thing in their life was the playboy playmate on their hand, or the house in the Hamptons have hardships that make them really take a close look at what is important… and it’s not the things that you have.
What we are finding, as I talk to more and more people, the most important things in the world are the connections that we make with others. Zen Buddhists believe that everyone is really connected, and that we in our mind only believe to be disconnected; that our meanness, our fears, our selfishness comes from that belief of disconnection. Perhaps during this time we should all focus on this, look at how we are all connected and work to be more a part of those connections.
So, what does this mean in business right now, and perhaps always? Here are a few thoughts, on perhaps how you can help others.
– Help companies that owe you money work out a payment plan. Many of them are struggling but with your assistance can get back on their feet. They have employees who have families, who have children who need the income maybe more than you
- Don’t take that raise unless you need it, especially if means someone else is going to lose their job. A raise is great, but do you really need that new car while someone can’t afford to send their kids to school?
- Ask those in your company what they need to help make their life easier – carpooling, helping with the children, working harder with them afterwork to accomplish their tasks. Taking a load off someone else might allow them to pick up their kids earlier so they don’t have to pay daycare.
- Think about others even in your time of need. For many of us, our pain and situations seem like the worse – but there are still those who can’t even afford a can of soup. I read that charities are suffering and the poorest of the poor are suffering because less and less is being given.
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