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Tip of the Week
Christmas 2009 - Gift Suggestions
This time a year ago, our industry was in a state of shock. The economy was in freefall, the secondary market had crashed, banks were failing and folks were getting laid off left, right and center. It was a scary time, almost unprecedented in the 50 plus years of SBA lending. Not a great backdrop for celebrating the holiday season or anything else for that matter.
And yet, we made it through to see better days. We all saw things improve somewhat as a result of increased demand, government subsidies and the recovery of the secondary market. We haven't fully recovered but things sure seem a lot better now versus then. Nonetheless, many of our colleagues are still unemployed or under employed; a number of lenders are hanging on by a thread; and the regulators and politicians are still whipsawing the lenders.
Last year, many of us probably weren't in the mood for giving or receiving gifts. But what about this year - is it possible that we have grown through these tough times? Do we have a better perspective for what is really important in life and can we bring that perspective to our day to day interaction with each other, our customers, colleagues at the SBA, and other partners including valuable vendors? Let's hope so.
So in that spirit of hope and of Christmas, here are a few tips on gift giving.
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To your shareholders:
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To your colleagues:
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To the SBA:
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To your family:
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Time. Work hard at work and "be here now" at home. Don't be on the wrong side of "Cat's in the Cradle". Time is one of the greatest gifts you can give to your spouse, significant other, children and other family.
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To yourself:
On behalf of your friends at sbaAccess, we want to thank you for all your kind comments this past year. Every week we get many wonderful emails and calls from readers just like you - thanking us for our contribution to the SBA industry. We are humbled and gratified by your feedback and we are encouraged to continue on with confidence. We wish each of you and your families and colleagues the best this marvelous season has to offer: Peace, Joy, and Hope.
Take the right approach
Brian Burke and Karen McHugh
SBA Access ©2009 - All Rights Reserved
All content is copyrighted and unauthorized use is strictly prohibited. If you would like to quote any part of this text, email bburke@sbaaccess.com or kmchugh@sbaaccess.com for permission.
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