American Express OPEN Forum

Follow:

Highlights:

Employee Management
Money
Social Media
See More
- Topics
  - The World
  - Technology
  - Money
  - Marketing
  - Managing
  - Lifestyle
  - Innovation
- Features
Search

Search OPEN Forum

Search OPEN Forum

7 Tips: Running a Resilient Business During Downturns

Anita Campbell Founder, Small Business Trends Recent Posts

1 Comment

Tumblr
Email

November 28, 2008

OPEN Forum Message

Business Forecasting 2012

Our special feature on forecasting sheds light on how to choose the right model, offers advice from Jack Stack and more.

Get started

Featured Response

“Anita these are terrific. Each and every one ...”

PAUL ROSENFELD

View all comments

A couple of weeks ago I was at the Small Business Summit in New York meeting with other small business owners in the American Express OPEN Advice Cafe. (My full write-up is here.)

One of the things that each attendee received in their welcome bags was a compact booklet of tips.

Since my return I’ve been trying to load the booklet in my account at Slideshare.net, so that I could embed it here to show you in a neat slideshow. Despite uploading it 7 or 8 times, I can’t get the document to fully load in the Slideshare viewer, and I’ve had no response to my support request at Slideshare. So today I set up an account at DocStoc.com and loaded it there — and voila! The slideshow from DocStoc works perfectly.

So without further a-do, here are 7 Tips for a More Resilient Business During Downturns. Then let me know what you think about these tips. Agree? Have a different perspective? Or are there other tips you would have shared instead? I’m interested in your feedback. Weigh in by leaving a comment at the bottom of this post.

Featured: Crash Courses a VERI Experience

Cutting Business Costs

Have a New Year's Resolution to cut costs?
Get a head start with our latest crash course, Cutting Business Costs.

Launch Course

StumbleUpon
InShare
Tumblr
Email
Share
- Facebook
- Twitter
- StumbleUpon
- InShare
- Tumblr
- Digg
- Reddit
- Email
Print

Related keywords

Anita Campbell, Article

What do you think?

Join the conversation ( 1 )

PAUL ROSENFELD 2 years 6 months and 27 days ago

Anita these are terrific. Each and every one resonates with us at Fanminder.com. #6 is especially true with us. I heard Reid Hoffman say about your first product "If you're not embarrassed about it you've spent too much time before shipping it" and thought this was brilliant. We've pushed our product out the door, small warts and all and the learnings from our beta customers has paid us back 10X whatever marginal worries we've had. I'd also say that #3 is defensive and you should go "offensive" and suggest that finding people who will work for equity or just to be a part of a start-up that could employ them down the road is the way we've grown our business. Of course it has it's downsides but the benefits are attracting hungry, talented folks to your mission without laying out cash before it's coming in. If we had started with $100K or $1M we would be paying folks. Instead the constaint of lack of cash has inspired a whole wave of creativity that otherwise would have gone untapped. Pau