Armageddon or a New Normal
By Ann Elliott
Armageddon by any other name would feel as uncertain, scary and insecure. Are we really in the midst of Armageddon or has life changed as we know it? The current turmoil confirms that life will never be the same for any of us. We will have a new normal. The landscape is changing. We don’t know what it will look like when the upheaval is over.
Last week I attended “Get Motivated!”, a production created by Tamara and Peter Lowe, the co-founders of Get Motivated Business Seminars. Noelle Phillips accurately described it as “Part pep rally, part tent revival and part infomercial….” in The State Friday, April 10, 2009.
Suze Orman, financial guru, offered some of the most useful information. She told the audience of thousands to forget about what you used to have because that is past. With lower home values, diminished 401K values, higher credit card interest
rates, lower FICO scores, and unemployment in double digits the world has changed. Your world has changed.
Here’s what we know so far…seismic changes are happening, the outcome is not clear, and no one has the answers. Joel Barker reminds us in Discovering the Future: The Business of Paradigms (1988) “When a paradigm shifts, everyone goes back to zero.”
We also know that hunkering down to wait for the storm to pass so we can get back to the way things were, “normal,” is a fool’s errand. Expecting someone else to solve all your problems is a recipe for disaster, too. The Small Business Administration of the United States (SBA) defines a small business as an independent business with fewer than 500 employees. Small business is very significant to the United States economy. The Office of Advocacy in the SBA
notes these facts about small businesses:
- Represent 99.7% of all employer firms
- Employ about half of all private sector employees
- Create more than half of nonfarm private gross domestic product
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