What do you do in the meantime?

At lunch with friends yesterday, we started speaking about the situation of the world and what may become. We all see some major issues with the entire system and are concerned that at some point we may wake up with a "failed" economy and fiat money which is worthless. Wow! That's a daunting thought. What should we do in the meantime?

So, we discussed preparation: "I'm going to buy land with water; somewhere remote", "Buy ammunition", "Max out my credit cards and buy 'stuff' that will be worth something".... But what until it happens? Do we freeze and wait for it? What if it doesn't happen?

We can run into this same situation in business. When we endeavor into something new, it is often easy to pin our action to some pivotal event, and freeze until that happens. But, it isn't appropriate behavior. When we match it to business, it's obvious that it doesn't fit, whereas in our personal lives, it seems to make "less of a difference", but it does. So, prepare for the pivotal event, but stay your current course until it happens. One of the best strategies in uncertain times is to unencumber yourself of the unnecessary. Make yourself and your business agile and adaptive in these times. Keep your eye open for unique opportunities to do more with less. Examine problems as opportunities; if they fit your core competencies, jump on them.

So, we all left feeling better that we weren't alone in our concerns. We all re-learned something new about each other and (I at least) came away feeling that I had found some kindred spirits upon whom I could rely when the proverbial SH&T hits the fan.

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