A Question For Expediting Veterans About Recession

ATeam

Senior Member
Retired Expediter
RE: A Question For Expediting Veterans About Reces

>Just because someone else's goals do not match your own does
>not mean they are not a success. For some, earning enough
>for smokes and using the truck for shelter may very well be,
>by your own definition, a huge success for them. We're all
>the same out here, you, me and the successful sheltered
>street person earning enough to get by. We're all out here
>surviving in one way or another. It's just a matter of
>degrees. Judge not, for you are no better than anyone else
>out here, and no amount of fooling yourself will change
>that.

Turtle,

I agree with you 100%. My statements are not incosistent. If the street-person expediter has that lifestyle and financial results as his or her goal, then that expediter is, by my definition, a successful expediter.

But a person in the same circumstances that has no goal, and takes no action to set a goal or rise above the circumstances he or she does not want to be in, is not a successful expediter.

Key difference: A clearly defined goal, around which, and to which, one orients his or her life.
 

jasonsprouse

Expert Expediter
RE: A Question For Expediting Veterans About Reces

>To make a comment like that, you must spend your whole day
>on Air America where they think 4.5 % unemployment is a
>recession. We've had the best economy for the last 7 years.
> Thank God for the Republicans and the tax cuts. The
>government has never had so much revenue coming in.
>
>A recession? Only if you want to take that attitude.

I don't know what "Air America" is, sorry.

"The best economy"? Not from where I'm standing. I'm a business owner and see people that can't afford to buy my services.
 

Paul56

Seasoned Expediter
RE: A Question For Expediting Veterans About Reces

>What is it like to go through a recession?

No big deal if one is prepared.

> Did you see it coming?
> Did you see it ending?

If one could accurately predict this then it would be easy to make a killing on the stock market.

> How did you feel while it went on?

Carry on as normal.

> How did you survive while others did not?

Being prepared.

Running lean. Not being overextended on debt. Not gearing the operation in terms of staff, real estate, equipment, etc. for only the good times.

Diversification. Those who tend to rely to much on one business sector for their revenue run the risk of going down when that sector goes down.

Financial resources backing the operation. No, this doesn't mean a good relationship with the banker. It means having sufficient reserve capital that you can in essence be your own banker. Financial people tend to treat you a whole lot differently when they realize they have little power over you.
 

ATeam

Senior Member
Retired Expediter
RE: A Question For Expediting Veterans About Reces

>Financial resources backing the operation. No, this doesn't
>mean a good relationship with the banker. It means having
>sufficient reserve capital that you can in essence be your
>own banker. Financial people tend to treat you a whole lot
>differently when they realize they have little power over
>you.

Amen to that!
 
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