I know these are extraordinary times. Without the experience of a financial wizard or the years of education in economics, I can only relay to everyone some of what I learned over the past 30 years in business.

LMS started in my basement in 1979. I did not realize that the 22% interest rate a few years later on my first business loan was high, in fact it was my first loan and I was happy to get it. In 1987 I decided to go forward with the largest marketing plan/investment of my business life. Who knew that “Black Monday”, Oct 19th, was just around the corner. It turned into the fastest growing period of LMS, lasting until 1992.

Of course, the same could be said after 9/11, and my hope is that today, the October 2008 period will also be used to the advantages I can find in it.

I am building a group of short video clips that will review and outline a lot of our past and present techniques that got us through “hard times.” We are confident and, to some extent, excited about how the present situation will help us. FEAR and HUNGER are great motivators and allow pretty good leaders to really accomplish a lot. The present business climate has sharpened all of our senses and our adrenaline kick is way up there. Our workforce is ready for the task of redesigning the methods we will be using to compete in the future. Yes it is painful and yes some businesses will never recover, but the majority of us can come out of this stronger in the long run.

Please let me know if you are interested in viewing the series of videos since my scheduling will be based on interest levels. Many of us have gone through this, and I have been lucky enough to have maintained a technical business diary that really speaks to the methods we used to survive and grow. I am willing to share it if the interest is there. There is no obligation, just shoot me a fast email and I will let you know when the first of the clips become available.

Larry