And Mike…you are absolutely right about getting perspective. When we stay inside our own bubble or community to gain perspective, it can get very dangerous, as the views are often clouded by one view or group think. During tough times, I would ask people who are way off your beaten path…artists, mechanics, the fish market owner, the landscaper…ask your mail delivery guy or gal. Ideas are everywhere, but only if you believe it. Also…ask the opinion of a few kids and teens. They will often give you the unvarnished truth, which can be quite freeing.

I couldn’t agree anymore. There is so much that goes on as a business owner, especially when the economy is thrashing and crashing, that to stick our head in the sand is the worst thing. I am regularly listening and seeking the experience of other people – but not just my accountant, wealth manager, etc. contacts – but also my wife, fellow entrepreneurs, customers, contractors, day laborer’s, everybody. For me it gives me a perspective to fully understand what is going on and how people are reacting, then I try to make smart decision in the course of my business.

- Mike Michalowicz

Great post,
Matt