Essentials Magazine Essentials Spring 2019 | Page 14

BY MERIDITH ELLIOTT POWELL Thriving in Uncertainty 5 Strategies to Succeed No Matter What This Economy Does W elcome to the Age of Un- certainty, where the biggest challenge you face isn’t the economy or change, it’s trying to grow in a marketplace where you never know when the economy will shift, what changes that will bring, or when any of that will happen. Everyone seems so concerned with watching the news, listening to the experts, studying the economists and trying to determine if the economy is going up, or if it is going down. The truth is, somewhere deep inside we all realize that it is not about whether the economy is up or down, it is more about understanding that it’s different. The world is radically changed, and things are never, I mean never, going back to the way that they were. 14 essentials | spring 2019 In fact, economists agree we have gone through a significant economic shift, moving out of what is known as a push economy and into what is known as a pull economy. Now, take a breath, because I am not about to give you an Econ 101 Lesson. Because all you need to know, all you need to understand is that when you move out of a push and into a pull economy, the consumer, your customer, just moved into the position of control. They are calling the shots, they have all the power. Think about the world we live into to- day. Globalization, advancements in tech- nology, increasing competition. We could all sit in in our houses, the comfort of our own homes, Google until our hearts are content, and have everything we want, everything we need, everything our little hearts’ desire delivered right to our door. Guessing you do that right now, guessing that as you read this article, you’re realiz- ing you’re the king or queen of Amazon Prime. The way we make decisions today,