Arizona, well said. I agree fully. In all my years in this business I have learned that if you consistently treat your clients well, no matter what the economy is doing, you will have that loyalty returned from them during times when others struggle to earn an income.

Diplomats and foreign businessmen as well as the upper income groups like ceo's and directors of companies will keep the food in our baskets while we keep our prices and service steady for the ones who cant afford higher prices or risk-taking with new unknown ladies that seems to flood the industry during hard times.

Will the profit margins be affected? Yes ... but we give some now, and reap the rewards of loyal and consistent revisits from our regulars later when things settle down again.

In the end most clients just want to know that there will be consistency in this turmoil and will budget accordingly.

I think because of the tough economic climate we'll see new wgs with lower fees. That does not necessarily mean that the current one's will lower their prices, however they might see a decline in the number and frequency of punters. Simple economics, increase supply and decrease demand you will see lower prices.

In the words of the late Tony Pienaar (the guy who was shot and killed in Summit Club, Late 90, owner of Temptations)- 'n man het altyd geld vir p**s en drank.

On 2016-02-20 11:14:47 Bbw Nadia Blows said:
In the words of the late Tony Pienaar (the guy who was shot and killed in Summit Club, Late 90, owner of Temptations)- 'n man het altyd geld vir p**s en drank.

"'n man het altyd geld vir p**s en drank."

Kwaai gese da jong!

En moenie rookers vergeet nie. Selfs teen n R1000 n pakkie, nog steeds n bargain

As has been rightly pointed out, the main contributor to earnings in this environment where one is the service provider, is oneself.
The approach to potential success should be no more different than entering any other entrepreneurial space.
Here one is the commodity, the investment and the promise.
First step to realising some form of success should be attitude.
The intent of merely earning a quick buck , wont get one far.

Understanding oneself as a "brand" in ones own space, being consistent in ones presentation, service and delivery, time and time again, irrespective of the challenges faced should take preference rather than trying to copy anybody else.
There will always be somebody that is better, more appealing, even more innovative and and and....

Having a vision. Listening. Hearing. Watching. Understanding the market space one would like to appeal to, for it is vast, understanding the needs and requests in that market space....and relevantly applying that learnt.

Adapting when necessary, but not to such drastic measures to harm ones business.
Knowing when to be introspective when business may not be at its peak, and assessing what may be wrong.

Of course there are external factors that influence earnings.
But, in general, those that understand the economics of business and the space they occupy, the hiccup they feel, will not derail them.

Thank u longjon for your comment. U have hit the nail on the head.
Plus. If there is an understanding that this service is not just a "fuck" to "extort" a quick buck.....small miracles can take place.

Blessed prosperity and abundance to all!!!

Xxx
B.

RobbyMajor, Longjohn, Arz and the Russkie all have it correct.

Good arguments, valid points, and wise ideas to go forward with.

It is not all doom and gloom.

Two positive points :

1.) Oldies
Although the oldies got some flak on the forum, with the repo rate sure to increase, those living off interest will be earning much more. Target therefor the older generation.

2.) Export
They are doing well, especially the farmers. Up to 40% better prices than last year. The very best fruit and produce are exported, we are sitting with the leftovers. Even Woolies sucking hind tit. See if you can get a tit to suck un.

I don't see WGs dropping their prices. My guess is that guys will simply look for more affordable ways to get satisfaction.

Oh and by the way, the inflation rate creeping over 6 % is an absolute disaster. For years the inflation rate was kept between it's target parametres, namely between 3 and 6%. Now there is hell to pay. Foreign lenders will not accept it.

Junk bond status is looming. With it the expatriation of investment funds.

And the 6 % inflation rate is a mirage. The basket of goods used to calculate this was changed. The real inflation rate is above 10%. Just check your monthly grocery bill and electricity.

And be very grateful for the oversupply of oil at present. If the oil price goes up by 30 dollars a barrel, given our fucked up exchange rate, petrol and diesel will rise exponentially, spiralling upwards in secondary waves of price increases.

Be frugal, for, oh and I just have to use this expression :

WINTER IS COMING....

I was in a particular European city in 2008, around the time of the financial crisis, when I went back 4 years later in 2012 prices for a punt were exactly the same! It wasnt the case in SA , because luckily South Africa wasn't hit as hard then as the rest of the world for various reasons. This time around it's VERY different. Our OWN government is the cause of all of this and we will all suffer and feel it directly in our pocket.