http://www.jaredreitzin.com/economic-crisis-what-to-do/ JaredReitzin.com is a resource for the optimistic entrepreneur who is trying to build something from nothing on a shoe string budget. Learn how to find the right people, make and market a great product, budget your finances, and successfully communicate with employees, clients, and partners. Wed, 07 Jan 2009 11:37:10 +0000 http://wordpress.org/?v=abc http://www.jaredreitzin.com/economic-crisis-what-to-do/#comment-3951 Entrepreneur Success Blog » Blog Archive » Grow Your Business in 2009 – Five Tips for Success Mon, 24 Nov 2008 20:29:05 +0000 http://www.jaredreitzin.com/?p=119#comment-3951 [...] 1. Save Money: In this economy, cash is king, and with credit being hard to come by these days, make sure your business has ample cash. This should be your top priority, which is why I have listed this at #1. I heard a line the other day: “raise your own round.” All companies can do this simply by leaving no stone unturned. I got sick for nine days in September and it was the best nine days I have ever spent at home sick. It gave me a chance to clear my mind and pour over our financials. I was not distributed by phone calls and the day-to-day tasks of running the business. Maybe getting sick isn’t ideal, but think about getting away for a couple of days and focusing solely on saving money. I put a plan into action during that time that ultimately led me to save mobileStorm close to $40,000 a month. I looked any possible redundancies, I looked at vendors we were spending too much on and asked them for discounts, and we got rid of services we didn’t really use or even realize we weren’t using. The most important thing you can do right now is get profitable. Read my previous post on tips for saving money. [...] [...] 1. Save Money: In this economy, cash is king, and with credit being hard to come by these days, make sure your business has ample cash. This should be your top priority, which is why I have listed this at #1. I heard a line the other day: “raise your own round.” All companies can do this simply by leaving no stone unturned. I got sick for nine days in September and it was the best nine days I have ever spent at home sick. It gave me a chance to clear my mind and pour over our financials. I was not distributed by phone calls and the day-to-day tasks of running the business. Maybe getting sick isn’t ideal, but think about getting away for a couple of days and focusing solely on saving money. I put a plan into action during that time that ultimately led me to save mobileStorm close to $40,000 a month. I looked any possible redundancies, I looked at vendors we were spending too much on and asked them for discounts, and we got rid of services we didn’t really use or even realize we weren’t using. The most important thing you can do right now is get profitable. Read my previous post on tips for saving money. [...]

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