I talk to a lot of people. I have some amazing friends, with amazing perspective. The wise ones are not afraid to talk about recession, and brainstorm ways to improve their respective place in this recession.

You are a bit scared, right? I hope so, because you should be. If you have just consumed a small fraction of reality over the past couple years, you have certainly noticed something different about people’s spending habits. Lines at restaurants are shorter, and lines at homeless shelters are longer. Let’s not sugar-coat it. Shit hit the fan and business is harder to come by these days.

I made a follow-up call to a man about his marketing needs. He previously asked me to follow up, and so I did just that. Within about a minute of my call, he said “Well, this is a really busy time of year for us” and started with more excuse-crafting. I interrupted him to say “Hey Bill, I am not calling to waste your time” and quickly ended the call. What I really meant was that I was not calling to waste my time, and I think he got the point.

Bill is a man who knows very well why his company is bleeding money. He knows that he needs better marketing. That is why we have been talking. He expresses good intentions, but he always has an excuse. Is being busy a good reason to put off better marketing? Is money a good reason to put off better marketing? Is there really ever a good reason to put off something that will improve your business?

Let us consider where money comes from in most businesses. It comes from doing more business, and that means more customers. More customers comes from marketing. Is this really such a mystery?

“Procrastination Tax” is the Extra Cost of Waiting

People have been frustrated by taxes for centuries. They vote, they write their government leaders, and they even overthrow their government, but mostly they complain. They complain a lot! I hear people every day complain about the economy, and how everything is swirling down a big toilet bowl. I am not completely excluding myself. I don’t like it any more than the rest of you. The difference I make is that I realize one of the biggest “taxes” I pay is “procrastination tax”.

Money is a huge topic for businesses and marriage alike, and they are each influenced greatly by psychology. The psychology surrounding money is so profound that many of us lose all sight of why we do the things we do … and why others do the things they do. Losing sight of the power and myths of money will often create a huge confusion and misrepresentation for people in their marketing efforts. Yes, I am tying money, marriage, and marketing all together, and I will not get to the point in only a couple paragraphs, but upbringing and psychology really do have a place here in marketing. Here is just a couple thoughts for your day, and I hope you can find ways to use this.

I could write all day on the topic of people’s psychology surrounding money. Perhaps this is because I have been in business for a while … over 20 years. In that time, I have controlled squillions of dollars. I have seen how even the topic of money makes people squirm. Sales representatives may love to show their product, but when it comes time to ask for the money, it is the scary and uncomfortable moment of “yes” or “no”. Money is a top cause of divorce, and yet, seldom the top cause of happiness. …

If you struggle to produce the money needed for marketing, you had better learn some guerrilla marketing, and fast! You should always assume that somebody else in your market segment has deeper pockets and the longer you wait the harder it will be to reach the customers. When marketing a business with a small marketing budget or no marketing budget at all, you can still improve your chances of success using free or very low cost guerrilla marketing.
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