Recovering from the Loss of a Business: Recovery, Reversal, and Coping Strategies

Written by Vishal P. Rao


Losing a business is overall, akin torepparttar "death" of a loved one. So much of a business owner's personality and hard work have gone into a business, that when tragedy strikes, for whatever reason andrepparttar 100369 business is forced into bankruptcy or to close,repparttar 100370 emotions felt byrepparttar 100371 business owner are nothing short of serious and all encompassing!

Since losing a business is considered a "major life stressor", along with divorce andrepparttar 100372 death of a loved one, a business owner that loses a business can be just as emotionally devastated. With this in mind, it is appropriate forrepparttar 100373 business owner to take into accountrepparttar 100374 five stages of grief that do occur in a major life event or "stressor". These stages are according torepparttar 100375 work of renowned Swiss born psychiatrist, Dr. Elisabeth Kubler-Ross:

1. Denial. This stage is a healthy stage whenrepparttar 100376 individual asksrepparttar 100377 question, "Why Me"?, and develops strategies to develop defenses againstrepparttar 100378 impending stress.

2. Anger or Resentment. Blame occurs in this stage.

3. Bargaining. This is a "truce period" where an individual makes "deals" in their minds, if "only" things don't play outrepparttar 100379 way they are bound to do so.

4. Depression. This isrepparttar 100380 real grief phase, and an individual will primarily feel discouraged and hopeless.

5. Acceptance. This is where reality is dealt with andrepparttar 100381 process of "going on" begins. Withdrawal from others may occur temporarily here.

Although Dr. Kubler-Ross developedrepparttar 100382 five stages primarily to be used when dealing with terminal illnesses that lead to death, her work can readily be applied to many major life stresses, includingrepparttar 100383 loss of a business. In addition, not all individuals go through each stage routinely in order, with some skipping stages, or staying in one stage longer than others.

Business owners that sufferrepparttar 100384 catastrophic loss of a business need to allow themselvesrepparttar 100385 same flexibility and time for acceptance that other major life stressors require. They need to work throughrepparttar 100386 five stages untilrepparttar 100387 fifth stage, acceptance, is reached. They also need to putrepparttar 100388 loss into perspective if they can, and determine just "why" and "how"repparttar 100389 business faltered and eventually failed.

The Ways To Reach your Dream

Written by Odilia Paula


The Ways to Reach Your Dream © 2005, Odilia Paula Founder http://www.MakingMoneyGetRetire.com

Several days ago, I write an article to show you what you need to do, if you decide that you want to have your own money making site, if you haven’t read that or you want to read that, please look at that article in this siterepparttar title is “Do You Love Money?“ If you don’t find it here, you may check it at my site at http://www.MakingMoneyGetRetire.com/article2.htm One ofrepparttar 100368 most important things to guarantee your success in online business is advertising. The formula is: Advertising = traffic = subscriber = loyal subscriber = buyer There are a lot of ways to promote your home business inrepparttar 100369 internet, some of them need a great amount of money to investment, some need a less more to investment, some need 0 (zero) or FREE. If you have money to spend on promotion, you can do pay-per-click advertising and google ad words campaigns eventually. This is a much targeted way to build your business, but should not be attempted by newbie with limited budget. There are several ways to promote your home business with zero investment or little investment that will actually move your online business forward on limited budget and have you making more money that you spend.

1.Maximize your autoresponder – Do you have an autoresponder? If you have already your own online business, I assumed that you have already have one of that, because we wont doubt anymore how important to have at least one autoresponder to increase your profit, if you have one, did you already make your own enzine? Your enzine can be a series of informative articles and special offers for your product; this is a proven ways to generated sales online.

2.Submitting your enzine to enzine directories – this technique will help you to increase your subscriber list to your enzine, plus because many directories will ask for your domain name and post it live on their site, it will increase your “link popularity” which will ultimately improve your search engine ranking in Google and other major search engine.

You can do this by visit Google or Yahoo, or other, search for “enzine directories”, when you visited each site look for a link that sound like “Submit your Enzine” to startrepparttar 100370 process.

3.Write an Article – Research and write an article on a topic related to your business, that will allowsrepparttar 100371 people who read your article to find out and learn more about your business, when other enzine and website publish your article (and they will!), your resource box will be include which will help you to increase traffic, gain subscriber and improve your link popularity.

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