In a Recession, It’s Nice To Be Good at Something
I asked a customer who runs a painting company how things are going. “Bad–I’m not working on any jobs, people are not going ahead with projects,” he said with a sigh. Then a friendly mustachioed contracting company owner, who said he had to let five guys go, but he still has a 20-person payroll. “Twenty grand a week, hey, it ain’t easy, let me tell you.” He is happy to have some decent jobs but is bidding hard even for small stuff, like a 70K house addition.
One of my least favorite pieces of advice that you hear from people like Suze Orman is that giving up lattes and other little expenses is how to save money. No, Suze, that’s bad advice. Lattes and coffees in a little cafe are how you connect with your neighbors, and besides, it’s a good chance to read the paper which most people no longer subscribe to.
I sent an email to my friend Jim Foudy who edits the Daily Hampshire Gazette. I told him I thought I could help them make more money from their website. He replied, interested in hearing what I advise suggesting we meet soon. I’ve confirmed a speaking engagement at the Boston Globe Travel show in late February, talking about ‘Web 2.0’ and making money from the web.
Jeffrey Byrnes
January 3, 2009 @ 5:02 pm
Lattes and coffees are comfort I think a lot of people aren’t willing to give up. This is a theory that can be proven by watching just how many people stand in line at a Starbucks or Dunkin Donuts. As for the smaller places, the independent business, I’m sure they are still on course.