Mottos and Important Lessons
Steve
It's rare that the matters involving billing companies appear on VNWR but this last week saw some board space devoted to those of us who were affected by the demise of Globill. It is worth talking about that debacle again because there are some valuable lessons for each of us to learn.
The demise of a billing company is never a pleasant experience because all those involved, from the lowliest affiliate right through to the CEO of major sponsors lose out. They inevitably lose money and time and some people never recover from the setback.
Others recover very quickly and after last week's debacle there were some sponsors that were back in business within 24 to 36 hours. Some recovered much more slowly and there are others that are still not back in business.
I don't know about you but mottos tend to make me want to puke but through last weekend as Marie and I worked at restoring our business there were two mottos that kept going through my head because they applied to the situation that we were facing.
'Be Prepared' is a well known motto worldwide. It was never written for any form of business but it should be engraved on the forehead of every businessman on the planet. Nothing on this planet remains the same, things always change, things always evolve and what works today may not work tomorrow.
Evolution in nature happens slowly, evolution in business can happen in seconds and you need to be ready for that evolutionary change. If you run a business never rely on another business to maintain your business records.
When Globill closed off much of their site many sponsors were left with no way of contacting their affiliates because they relied on the affiliate information that Globill held on their site. Other sponsors were in touch with their affiliates within a very short time frame because they took the trouble to maintain their own database of affiliates.
George Bernard Shaw (1856 - 1950)




