
From your host, Steve Goldberg
Most everyone in North America and throughout the world has been impacted by the current financial crisis. Many have lost jobs, their homes and a significant percentage of their savings and investments.
At the same time, despite hardship, fear and worry about the future, a number of people report that their lives have also improved in some of the following ways:
- Spending more quality time with family and friends
- Becoming more resilient and re-prioritizing key aspects of their lives
- Reflecting on and shifting their core values, lifestyles and spending habits
- Reaching out and helping others, even when their personal financial situation is deteriorating
This blog was created to offer hope and positive perspective, as well as to collect insights and stories about how people are experiencing and living the “Upside to the Downturn“.
In the near future, we at 2nd Half Matters, will be sharing articles, offer workshops, and publishing the Upside to the Downturn: Finding Hope, Simplicity & Fulfillment in Challenging Times © book to assist and inspire others. Through your participation, you are helping to shift societal norms about what it means to have a full and fulfilling life!
To help you brainstorm, I’ve shared some personal experiences and strategies that I have been discovering and working with over the past few months and years.
Please join in the conversation with your contributions by clicking any of the items below:
- Being resilient and maintaining optimism
- Spending less, spending wisely, and enjoying more
- Taking stock and clearing out the clutter: making room for the things that really matter
- Following passions
- Giving back and making a difference
- Other experiences and insights
Thanks for stopping by. Hope you stay awhile and come back often.
Feel free to send me a note using the Contact Form or write to me at steve@2ndhalfmatters.com.





11 comments
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May 30, 2009 at 7:26 am
Susan
Hi Steve
It has taken me a while to formulate my thoughts on this subject and I could not figure out why until now. My total way of thinking has changed. I now see myself evaluating everything instead of watching it happen. I am not only aware of how money is being spent, I am also making choices about how my time is spent, my reading, friends and talents. Somehow this downturn has caused me to look at all aspects of my life that frankly I did not acknowledge before. I tended to say yes to all requests for my time, although some were quite worthy, I would become overwhelmed by taking on to much, and difficult to live with. I am now making conscious choices of who and where I spend my time. I have become interested in mentoring. I am volunteering in church to teach the children. I am listening to my inner voice. I am learning to slow down, pay attention, and love the ride.
May 14, 2009 at 5:33 am
Heidi
Hi Steve,
As I was sitting in my garden this morning eating strawberries, I suddenly stopped to look, really look, at the luscious strawberry I was about to mindlessly devour. And in the process, I thought about the countless hands that had touched and toiled to bring this fruit to my table. Looking around me, at the flowering oleander, the patio chairs, the roof on my neighbor’s house, I felt very connected to all those near and far away hands working unknowingly in tandem. If we stopped more often to feel that connection with all things, perhaps we would be kinder to each other.
May 12, 2009 at 3:28 pm
Laura Greig
Hi Steve,
Wonderful to hear from you. This looks like a great approach to shift mood and perspective out here. All the best! Laura
April 20, 2009 at 7:35 pm
Bruce Elkin
In 1982, in the midst of the last big recession, I (and a small group of climbers) took a money-losing YMCA program and, in four years, turned it into a quarter-million dollar per year mountain skills school that has grown and continues to thrive. I don’t know what Yamnuska Mountain Adventures is worth now, but it’s easily seven figures!
Back then, I knew the economy was wonky. But opportunity presented itself, and I seized it — in spite of the recession. Taking on Yamnuska was my chance to become an entrepreneur. It was a way to teach myself how to make money, rather than toil for wages in jobs I despised. I’d always been better at theory than making things actual. So this opportunity let me take what I cared about, act on it, and bring it into being.
I made mistakes and learned. We all did. We weren’t clear at first about how to proceed, but we were clear about our “whys.” We all had financial reasons for making the school a success. But, more important, we cared about a shared vision of a high level, high quality mountain skills and leadership program. Today “Yam” is Canada’s premier mountain adventure school, and one of the best of its kind in the world.
Later in that recession, I started an Executive Seminars Program for One Step Beyond Worldwide . I was eager for a new challenge. I wanted to influence how business and organizational leaders related to the wilderness, and the systems of life. I wanted to help them build strong, resilient teams who saw the business case for ecological responsibility and sustainable design. In spite of the recession, I persevered, and the program succeeded. It too continues to thrive, albeit in a different form.
In the midst of a major recession, I created two of my most successful ventures. I not only survived that recession, I thrived. And in doing so I learned some powerful lessons about how to thrive in business — and in life!
If You Know Why, You Can Figure Out the Ways and Hows
I learned that if we have a clear, compelling why, we can figure out how to make it happen. If we want to thrive in down times, we need a powerful purpose and vision to guide and give meaning to our strategies and tactics.
Make no small goals, the old saying urges, for they lack the power to stir our souls. To pull us toward what we care about, and bring out the best we have to offer, we need clear, compelling stretch goals. We need big, visionary, and sometimes scary goals that articulate what we are passionate about creating — goals we truly want to achieve.
Of course, by themselves, goals and desire aren’t enough to create success. But, as you’ll see, clear visions of desired results, grounded in objective assessments of reality, set up a useful “creative tension.” They also set up an organizing framework — a container for creating — in which we can use the tension to energize actions, and teach ourselves how to get from where we are to where we want to be, and enjoy the process.
[Excerpted from my new ebook Staying Up In Down Times: Create Resilience, Results, and Rich Rewards — With Whatever Life Throws At You! For a free reader's draft, go to http://www.bruceelkin.com/free.html ]
April 9, 2009 at 7:41 pm
Gerald
I sit here, writing my very first entry to Steve’s blog sitting under a birch tree, by a duck pond in a beautiful and tranquil park under a bright, warm sunshine. This is something I would never have done before meeting Steve.
The downturn in the economy has left me to start searching for answers deep within myself. Like so many people I know, life was passing me by with no focus at all on the things truly important in life. For me it was planning the next airplane to catch for the next business meeting or the next presentation to make to gain a new customer. I was doing things that really didn’t matter to me. I was not centered on my values or spending time with people I love. That was my life and I needed slow things down.
I took the time for reflection and met Steve, who asked some very deep questions that enabled me look beyond the next goal or accomplishment to tackle in life. After years of focus on accumulating wealth and status, I’m now in a place that has opened so many new doors and friendships that I never thought possible before. The key to all of this was Steve’s approach for me to stop trying to plan everything in my life and focus on the synchronicities around us. It took me a while to understand this, but when I did, amazing things happened. I gained back my curiosity to learn about others and to teach others about my experiences in life as well.
I’m back to connecting with friends and no longer needing to compare myself with others because I realize that’s not important. It doesn’t matter what people are doing, it’s their character, who they are, their views, thoughts and feelings that are most important. Taking time to slow down has enabled me to appreciate more. I look at my life and the people around me and am thankful everyday for what I have. It has truly been a breakthrough time in my life when I realized what Steve was trying to tell me. Be curious and open and your destiny will find you. I was in a destiny trap and now I’m out and can safely say I have the serenity to know that my destiny will happen given time and patience.
If the downturn wasn’t here, I would have been working and doing the same things I always did for the last five years. Because I found the time to reflect and really think about my values and approach to life, I am so much happier now than I have ever been. Thanks to Steve and the time I’ve taken to understand myself, I’ve got a much richer framework for the rest of my life.
March 25, 2009 at 5:03 pm
Jen
I am 23 years old, and I think this site is a great idea! There have been articles about cutting corners financially in the fashion magazines that I have been reading, but I think a discussion board is the better way to go.
My boyfriend and I were thinking of adopting a puppy/young dog recently because of how many people can’t afford to keep their’s. We spent a couple days watching craigslist and going to different local animal shelters. Alas, there was no “spark” with any of the dogs we came across (or they were way too expensive).
Then I thought about how much free time a puppy would take up, and I really need to focus on getting a Macbook so I can learn a new software that I can put on my resume. With that software knowledge I will have a higher chance of being promoted in my company.
We’re going to revisit adopting a puppy after I get that promotion and we get a little more cash flow. Sometimes you have to help yourself to help others more effectively.
March 18, 2009 at 2:28 am
Beau in St. Paul, MN
I think that, in so many ways, in this part of the world we’ve been living ‘beyond our (sustainable) means’ for far too long.
There are incredible opportunites for “upsides” as the outdated and less-than-optimal structures around us crumble (spending and consuming and destroying nature in the process are not solutions for a healthy economy and population).
My hope is that we are ready, at this time, to do what it takes to change ourselves and the bigger picture. As with a cruise ship, there are no ‘quick turnarounds’ to be made here….it will take a lot of time and conscious effort.
I often find it overwhelming to figure out how to keep reducing, re-using, recycling, and re-making my ideas of what is important in a life well lived. At the same time, I feel optimistic that things are changing for the better.
This kind of forum helps create a kind of community; I look forward to hearing others’ comments and ideas.
March 23, 2009 at 5:25 pm
Marty
I agree the simple ideas of reduce, reuse and recycle can be overwhelming. Last summer at the Chicago Science Center they proposed that we just do something. I took that to mean that we could just change one behavior to decrease our carbon footprint. I am not ready to become a vegetarian but I do choose a vegetarian diet more than half the time.
There is always more to do but every little bit adds up.
March 18, 2009 at 12:33 am
Heidi
Even before this economic debacle, I decided to entertain at home instead of meeting friends in restaurants where I would generally eat more, make poor choices, and pay and arm and a leg for a meal which was often disappointing.
Now, with every guest contributing to the meal, the evening becomes a joint venture with good food served in a peaceful environment which often inspires great conversations and a sense of community.
March 17, 2009 at 10:02 pm
Vince
Growing up, my family was always quite conservative in their financial priorities. This may have been compounded by us being immigrants and quite poor when we first came to the U.S.
It was a point of pride to work hard, and then another point of pride to save hard.
I like to think that this culture has guided me in what I do on a daily basis.
However, I cant help but identify in myself the same need to have the newest piece of electronic wizardry or other such indulgences.
In this time of budget crunching, it is absolutely the right question to ask whether there is some bright sunshine, in that I am forced to circle back and see what is actually important in my life.
Your point about following passions is absolutely dead on, because instead of spending the money on the fancy restaurant or new gadget, I am now trying to reunite with a desire to write or simply spend quality time with my wife.
Keep up the good work and I’ll be back to see your next blog!
March 17, 2009 at 6:37 am
Karen
Thanks Steve! This is a fantastic topic and right at the forefront of my life right now. What am I doing to enjoy the upside to the downturn? Well, I’m enjoying more time with my friend’s children, aged 3 and 6. I shop only 1 day a week instead of 7. I go for deeply enriching and peaceful walks to the nearby canyon, and watch the steam rise from the river, 20m below. I’m not actually put in this place because of the recession though – I had already stepped back from the corporate life following an illness, and in the year I’ve had “to myself” I’ve discovered who I am again and am frequently overjoyed to find some new interest I have, like going to alternative films, exploring the library or philosophizing about deep ecology. I have also been long exposed through work (over fifteen years) to the concept of sustainability and how we need to radically downshift economically, socially and environmentally. I think the next years will reveal that we, as a society, are more than capable of adapting to a simpler way of life while still taking advantage of *some* of the technology we’ve managed to produce.