Monday, February 23, 2009

What is recession?

This is an interesting story, about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs.

He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and sold more. He recruited more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from college, joined his father.

Then something strange happened.......

The son asked, "Dad, aren't you aware of the great recession that is coming our way?"

The father replied, "No, but tell me about it."

The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times."

The man thought that since his son had been to college, read the papers, listened to the radio and watched TV. He ought to know and his advice should not be taken lightly. So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff
strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his Hotdog stand. And his sales started coming down rapidly and so did the profit.

The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of the Story: It's all in OUR MIND! and we actually FUEL this recession much more than whatever exists. Collectively, we can overcome this self imposed recession.

3 comments:

Rose Belle said...

That is so true!! I've been telling people that if we didn't have the news media "informing" us of the recession, I highly doubt the world economy will get this bad. People hear about it and they just start to panick and cutback. It's insane! People react to news they hear so it's very infortunate. f

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Thought become thing said...

Part Time Work. Full Time Income.

Age Is No Barrier.

"If you're sick you get paid,

if it's a holiday you get paid,

if it's raining you get paid!

We've got a really,

really nice full time income,

working just part time from home.

WELCOME TO JOIN US: http://ppt.cc/S6Pp