Oct 27 2008
10 Tips to Thrive in a Recession
With the extraordinary set of events unfolding across the world, I’m sure it has put a dampener on the festive season. What are business people to do in these tough times? I thought I’d share some tips and strategies that have helped me in tough times. One of my businesses was in the commodities market trading in beans and rice in Kenya. Overnight because of change of legislation in India that allowed export subsidies we were suddenly not able to compete in the world market. We were faced with suddenly having to grow US$3 million of new revenues from alternative sources. The good news is over the next year we were able to completely turn our 100% export business into a leader in the local market with no loss of revenues. Read my 10 top tips here Continue Reading »
