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Thorsten Consciousness Tool

If you have followed my site and blog in the past, you know that I am interested in creativity and methods to increase the creative thought process. I made an interesting html page which is based on the Twitter post search feature and entitled it the "Thorsten Consciousness Tool". The concept is fairly simple. If you watch a series of discussions that are of interest to you, the following will happen: very quickly you will see an article, a concept, or a link that will further advance your understanding of the topic. Will there be garbage? Of course - it wouldn't be the internet without it. I have used this technique on a regular basis and am constantly expanding my knowledge of the particular subjects that appeal to me. Check it out - I think you will find it useful Thorsten Consciousness Tool.

Pro football players have multiple coaches.  In addition, they practice the entire week and then play (perform) 3 hours  in the game.  In work settings, employees "play" 40 hours per week and rarely are given the opportunity to practice (receive training).

Would you like to experience a coaching session?  Call Jim for a complimentary session to see if coaching is for you.

• Find a Job During the Recession. Download this free mini e-book and share with your friends that are seeking employment.

• Economic Charts

• Are you considering Open Source Software to cut down on your IT costs?  Check out our comments on OpenSource.

• Visit Jim's Blog (Thor's Hammer)for practical business and economic observations.

• If you are familiar with the Z-Score bankruptcy predictor, Jim has just uploaded 3 different versions of the Z-Score.  Please check for your "business health"

We continue to hear how things are improving.  My bet is still on difficult times.  I do not see us recovering in the near future.  My concern is how you survive the current recession and position your company to move forward.   If we do not turn the corner (and there are many reasons why this could be the case) remain in a defensive position with emphasis on protection of cash.  Should we turn the corner, be prepared to jump on the opportunity. However, I would prefer to be late to the party on this turnaround as opposed to being early and then caught in another, more severe downturn.

What have you done to protect your business?

• Keep in constant contact with your customers, suppliers and bankers (yes your bankers - no surprises!)
• Preserve cash
• Reduce debt
• Look for opportunities for acquisitions over the next 6-18 months
• (www.bizbuysell.com)

If you haven't taken any steps to prepare, talk to your advisers and map out your strategy!