Recession is the best time to expand or engage in a new business.It is also a time to forge ahead in your career.This may sound funny like in this time when the economy of the nation is not very successful for example industry is producing less and more people are becoming unemployed.Recession is the time when the economy of the nation is growing slowly.
The media has gone nut about the situation in this time of economy recession.They have turn a little bit of unfavorable into a mountain of hopeless.This has affected the people which made them to be paranoid about the situation.If you have yourself involved in the social hysteria,you become a victim too.During this period of time people cut their expenses and get scared of spending.They stop buying unnecessary things in which priority is the order of the day.It also affects some businesses.
The key approach to money making during this period of time is dedicating of both time and energy to CREATING and DELIVERING essential value,give people what they want or need.
Creating Value is expressing uncommon or exclusive talents and skills we have,in a way that can benefit other people in the society. Creativity can be regarded as a uniqueness whereby something new and somehow great or valuable is made.Creativity maybe tangible or intangible,when it is tangible it can easily be seen for example a physical project like invention ,painting, literary work, also intangible creativity is hard to be felt or cant be seen for example like idea,joke, scientific theory etc.
Delivering values is ensuring that people are actually getting and having advantage from the value you have formed.If you create and don't deliver it is useless.Delivering value to customers by putting market strategy and price value model to the creativity. Price and value are very important to the customer.
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