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Success Stopper #1: Inflexibility
by Rosemary Davies-Janes

Not only is flexibility necessary for a good personal fitness test score -
it's essential for the long term health of your business.  

Different times call for different approaches.

In a thriving economy, people and businesses spend liberally as they are comfortable knowing that they can easily earn back the cash that they spend.  Under these conditions you can sell a lot of products or services with little effort.

In a down economy, or recession, a very different selling approach is required 
as you’ll need to convince people that they will receive enough value from what they’re buying to justify parting with cash that they may not be able to replace easily.

In the near past, companies like Enron and Arthur Anderson created a need for new standards of integrity and disclosure in business.  Today, many corporations continue to make significant changes in the areas of governance and corporate responsibility.  Businesses and people concerned with these issues will buy from vendors who sell to needs exposed by their new commitment to increase shareholder value and demonstrate social responsibility.

For a small business owner, a consultant or a professional service provider to thrive through the many and varied economic climates that will arise in the life-span of their business, they must commit time to researching market conditions and staying somewhat ahead of the curve.  By understanding the market conditions into which you are selling,  you will learn to shift your marketing and selling approaches to "fit" the economy of the moment.  Having the flexibility to innovate and adapt rapidly will give you the power to generate stable revenues under any and every market condition.

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