Randy

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Randy
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Rossville, IN
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Human Resources

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Par For The Course

Business > About the Recession
 

About the Recession

My father was a small town car dealer (Studebakers and Mercurys) for over 25 years. I spent a lot of time down at "the garage" as we called it (Why, I don't know.). Dad would put me to work sweeping floors, washing cars, counting nuts and bolts.

Anyway, posted on his bulletin board (for as long as I can remember) was a short article I loved to read. I've paraphrased it before (in a blog reply to someone), and it seems appropriate to rerun it.

There was this happy old man who made his living as a hot dog vendor on a downtown street corner. He had a lively business, selling hot dogs like crazy.
One day, his son stopped by and said to his father, "Dad, haven't you heard? We're in the middle of a recession. People are out of work, nobody's spending any money. It's terrible." The old man nodded as he served his lined up customers. "You need to cut back on your orders of hot dogs, mustard, ketchup, etc. Open later and close earlier."
Well, the vendor figured his son knew what he was talking about. So he followed his son's advice. When he ran out of hot dogs, customers quit coming. Business plummeted.
Several weeks later, the old man said to his son, "My boy, you were right. We ARE in the middle of a recession."

That paraphrased fable has stuck with me all these years and has taught me some valuable lessons. It's not just about dealing with recession. It's about independence, going against the grain, ignoring what others do and say.

We are a very persuasive populace. Tell us often enough about a downturn in the economy, and we become the hot dog vendor. Pound commercials down our throats, and we think we can't live without a certain product. Ignore the hype. Do your own thing (my motto).

posted on Jan 2, 2009 6:10 AM ()

Comments:

WOW! I'm liking you more and more--my thoughts exactly.
comment by susil on Jan 6, 2009 10:55 AM ()
Good post. Quite full of truth.
comment by anniel on Jan 5, 2009 1:22 PM ()
addendum: an old acquaintance, fulminating about women and paraphrasing some philosopher, kept repeating, "What do they want? What do they WANT?!!" So I answered him, "Everything and it won't be enough." I even thought of having a T shirt printed that said, "All I want is Everything. Is that so Much to Ask?" Are your near and dear nagging at you because you won't live their lives? Tell them to butt out.
comment by tealstar on Jan 3, 2009 9:47 AM ()
ah heck, my retirement plans start "when" I win the lottery......I'll be fine (lol some people really think like that, it's one spin or the other)
comment by ducky on Jan 2, 2009 11:25 AM ()
Shakespeare said it best, {To thine ownself be true}. We all know how to get through bad times. It is painful but sometimes necessary.
comment by elderjane on Jan 2, 2009 10:46 AM ()
Excellent story!
comment by imaginaryfriend on Jan 2, 2009 10:33 AM ()
I echo Jondude's opinion. We will get through this one just as we have those in the past. History is nothing if not predictable.
comment by redimpala on Jan 2, 2009 10:09 AM ()
This kind of negative thinking is what helped the DOW tank. However, if you have been downsized and can't make your mortgage payment, that isn't psychology, that's reality.
comment by tealstar on Jan 2, 2009 9:57 AM ()
Excellent, we were just discussing this last night. Abundance is a mind set.
comment by anacoana on Jan 2, 2009 7:41 AM ()
that is interesting... Poor guy shouldn't have listened to his son!
comment by kristilyn3 on Jan 2, 2009 6:54 AM ()
Remember the old days when a "spin doctor" was a physician specializing in mending injuries from playing with a top??? Now it's people who persist in telling the rest of us what to think. Ignore the spin; the hype; the ads; the hyperbole. Good post, Randy.
comment by looserobes on Jan 2, 2009 6:52 AM ()
Some are mezmerized by the pundits and panic mongers. I am one of those cynics who love the word "why?" First, I never listen to 'talk radio,' watch the talking head prognosticators on TV, or engage in political or economic discussions. I keep my eye on my gas gauge, my wallet, my checking account and my pantry. Like you, I've been through these kinds of downturns before, and you and I both know we will get through them.
comment by jondude on Jan 2, 2009 6:22 AM ()

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