If it’s not broke don’t fix it. The grass isn’t always greener on the other side. You typically hear these phrases when people make the decision to try something new and fail. Some are yearning for change and will try any and many things to make things better. Without failure innovation doesn’t exist. Just because it’s not broke doesn’t mean there’s not a better way.
One phrase that I do feel holds true is "If you keep on doing what you've always done, you'll keep on getting what you've always got." In these economic times I find myself in search of the greener grass, and trying to find new ways to improve what isn’t broken, and I think more people should be.
Many businesses have found themselves trying to figure out how to continue to run a profitable business in a recession, or what some are calling a depression. This is the biggest problem facing our current administration. How the hell do we get our economy back on track?
I don’t think the solution is dumping more money into the economy, or the government providing bailouts for big businesses. One way to start digging ourselves out of this hole is to start trimming the fat and looking for every way to save a dollar and spend it more wisely. So many times we don’t make changes because we think they aren’t significant enough or not worth our time to make that change, but the bottom line is every dollar adds up and when you make enough small changes you realize the big change that has come about, and that is more money in your bank account.
Here’s an example. I currently have two different accounts in two different banks. One bank I have used since I started a savings as a kid (bank #1), the other I opened when I started my business (bank #2). So all my business money was at bank #2 and when the economy was good I was earning a 5% return on the account balance. Now the economy is bad and I’m earning 1.3%. Well now bank #1 is offering 4% on your balance up to $30,000. I thought about it and first thought it’s too hard to change banks and not worth my time. But then I did the math and for my money just to sit in the bank I was passing up $810.00 of free money. For me that is like getting 6 months of free cell phone. I was going to pass up 6 months of free cell phone because it was going to take a little extra time.
I’m not saying our time doesn’t have value, because it does, but we also have to recognize the value of the dollar. How many of us have heard the phrase “a penny saved is a penny earned”? Now how many of us stop on the sidewalk to pick up that dropped penny? Not worth your time? I think in times like these we all need to stop and pick up those pennies, seize the opportunities to save a dollar and watch it add up. At Energy Force we tell our clients “It all adds up and we know it counts”.
One phrase that I do feel holds true is "If you keep on doing what you've always done, you'll keep on getting what you've always got." In these economic times I find myself in search of the greener grass, and trying to find new ways to improve what isn’t broken, and I think more people should be.
Many businesses have found themselves trying to figure out how to continue to run a profitable business in a recession, or what some are calling a depression. This is the biggest problem facing our current administration. How the hell do we get our economy back on track?
I don’t think the solution is dumping more money into the economy, or the government providing bailouts for big businesses. One way to start digging ourselves out of this hole is to start trimming the fat and looking for every way to save a dollar and spend it more wisely. So many times we don’t make changes because we think they aren’t significant enough or not worth our time to make that change, but the bottom line is every dollar adds up and when you make enough small changes you realize the big change that has come about, and that is more money in your bank account.
Here’s an example. I currently have two different accounts in two different banks. One bank I have used since I started a savings as a kid (bank #1), the other I opened when I started my business (bank #2). So all my business money was at bank #2 and when the economy was good I was earning a 5% return on the account balance. Now the economy is bad and I’m earning 1.3%. Well now bank #1 is offering 4% on your balance up to $30,000. I thought about it and first thought it’s too hard to change banks and not worth my time. But then I did the math and for my money just to sit in the bank I was passing up $810.00 of free money. For me that is like getting 6 months of free cell phone. I was going to pass up 6 months of free cell phone because it was going to take a little extra time.
I’m not saying our time doesn’t have value, because it does, but we also have to recognize the value of the dollar. How many of us have heard the phrase “a penny saved is a penny earned”? Now how many of us stop on the sidewalk to pick up that dropped penny? Not worth your time? I think in times like these we all need to stop and pick up those pennies, seize the opportunities to save a dollar and watch it add up. At Energy Force we tell our clients “It all adds up and we know it counts”.

