If you have money, don’t spend it …

Here is another blog post in my effort to encourage entrepreneurs to conserve cash in this economy. 

This is not the time to buy the new Foosball table or take the crew out for a company dinner. 

This is not the time to hire a bunch of people in anticipation of future business. 

This is not the time to redecorate your office.

Consider the emerging credit crisis in Europe, today’s reported drop in the Leading Indicators and all the things that the securities markets are telling us.  Stock market pundits have been pointing out the strength in consumer staples.  Pay attention.

Here is one of my latest articles for the Houston Chronicle:

Consumer Behavior in the Economy

 

 

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