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recession

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This Story is 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 use to sale more.  He recruited few 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 colourful 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, same is 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 your MIND! And we actually FUEL this recession much more than we think we do!!!!!!!!!!!!

 

 

What can we take away from this story??

 

1. How many times we confuse intelligence with good judgment?

 

2. Choose your advisors carefully but use your own judgment

 

3. A person or an organization will survive forever, if they have the 5 Cs

 

   * Character

   * Commitment

   * Conviction

   * Courtesy

   * Courage

 

 

The tragedy today is that there are many walking encyclopaedias that are living failures. The More practical and appropriate views on this economic recession is:

"This is the time to reunite together for any small or a big organization,

this is the time to motivate and retain people which are the biggest asset,

this is the time to show more commitments to the customers,

this is the time show values of our company to the world,

and this is the time to stand by our Nation". 

 

All the best ! ! !

 Top Comment : Deepali Gulati   | 02 13 2009 10:07:18 +0000
Its true. It all in our mind. Sometime, the things are not that worse what we make them.
 
7 comments on "Story on Recession..... "
  Commented by  Makrand Bhave, Sales Promotion Manager, XYZ    | 07 18 2009 17:45:01 +0000
Rating : +1 
Why do people NOT acknowledge even if it is someone else?? I mean is it so difficult?? Thanks Viktor I did go to the site.... Its verbatim! 
  Commented by  sujit Kumar, Marketing Consultant and PGP participant, IIM Kozhikode    | 07 18 2009 14:10:31 +0000
Rating : -1 
Great moral " It's all in your MIND! And we actually FUEL this recession much more than we think we do!"... 
  Commented by  Viktor Stephen, COO, Business Mashup    | 07 18 2009 12:50:09 +0000
Rating : +2 
Plagiarized verbatim from http://www.indiabroadband.net/general-offtopic-discussions/17116-what-recession.html. This story was also carried in Citehr.com
  Commented by  Gargi Sinha, Senior Consultant, Hewitt Associates    | 04 12 2009 17:13:52 +0000
Rating : +1 
I agree Mr.Prashant that its all in our mind, if we can think that we can overcome a situation then we can certainly do that.
More we think that markets are down and economic situation is bad, more our minds will be occupied with that and we will not do our work the way we would have done if we had our mind clear of all these things.
  Commented by  DINESH SINGH PARIHAR, Sales Executive/Officer HINDSTA UNILEVER Ltd    | 02 20 2009 16:28:49 +0000
Rating : +1 
IT IS VERY TRUE AT PRESENT SITUATION.RECESSION IS NOTHING BUT NEGATIVE THINKING OF BUSSINESS PEOPLE. COMMON PEOPLE WILL ALWAYS SPEND AS PER THIER DEMANDS
  Commented by  Deepali Gulati, Sales/BD Manager, Nvish Solutions Pvt. Ltd    | 02 13 2009 10:07:18 +0000
Rating : +1 
Its true. It all in our mind. Sometime, the things are not that worse what we make them.
  Commented by  JAPI, HR Manager, ACME Consultants    | 02 13 2009 05:11:30 +0000
Rating : +1 
amazing.........................
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This Story is 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....
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