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	<title>Prism DuroSport Insider Blog &#187; Financial</title>
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	<description>A look behind the scenes at the DuroSport Electronics Corporation</description>
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		<itunes:summary>A look behind the scenes at the DuroSport Electronics Corporation</itunes:summary>
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		<title>How DuroSport Is Preparing For the Global Recession</title>
		<link>http://insider.prismdurosport.com/financial/how-durosport-is-preparing-for-the-global-recession/</link>
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		<pubDate>Wed, 19 Nov 2008 17:42:34 +0000</pubDate>
		<dc:creator>Nero</dc:creator>
				<category><![CDATA[Financial]]></category>

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		<description><![CDATA[As you may have heard, there are problems in The World. There is some sort of Global Financial Crisis (not my fault) and the market is in The Crater. As a result, we are having to make many hard decisions about the future here at DuroSport. Earlier this week I attended an emergency meeting of [...]]]></description>
			<content:encoded><![CDATA[<p>As you may have heard, there are problems in The World.  There is some sort of Global Financial Crisis (not my fault) and the market is in The Crater.  As a result, we are having to make many hard decisions about the future here at DuroSport.  </p>
<p>Earlier this week I attended an emergency meeting of the DuroSport Board of The Directors.  At this meeting I was informed of just how serious The Situation is.  Apparently we have a case of The Cash Crunch.  Now we are having to make changes to the way we do business.</p>
<p>What does this mean for you the loyal DuroSport consumer?  I will tell you.  </p>
<p>Effective immediately we are suspending all work that is not directly related to our &#8220;core competencies&#8221;.  </p>
<p><span id="more-54"></span><a href="http://insider.prismdurosport.com/wp-content/uploads/2008/11/diploma.gif"><img src="" alt="" title="Nero Tarlev&#039;s Internet Diploma" class="alignnone size-medium wp-image-55" /></a>This means:</p>
<ul>
<li>All new product development is now on hold</li>
<li>All advertising and marketing campaigns are being suspended</li>
<li>All research projects are cancelled</li>
<li>Sales of our products are being suspended indefinitely &#8212; we cannot afford the shipping to send The Boxes to The Retail stores</li>
</ul>
<p>So, what are our &#8220;core competencies&#8221;?  That is a good question.  There are many things we are good at here at DuroSport.</p>
<ul>
<li>Accounting. We have always been good at this and we will continue to count things while The Economy is bad.</li>
<li>Accepting return merchandise.  We lead the industry in this area. Also, our customers pay for the return shipping, so this is much more affordable than sending products to The Consumers.</li>
<li>Angry correspondence.  Both sending and receiving.  Postage is still reasonably affordable, and we are happy to send angry emails to our customers and local politicians.  Those are practically free.</li>
</ul>
<p>There are many more things that we are good at, but I will not bore you with a very long list.  Basically, we are very good at anything that does not involve making a product or selling it.</p>
<p>Needless to say, there will be no P&uuml;tz for The Christmas again this year. While that may seem like very sad news, there is even sadder news.  </p>
<p><blink><strong>We will soon be closing our Second Life DuroStore.</strong></blink></p>
<p>You can not imagine how painful it is for me to make that announcement.  I have loved our Second Life DuroStore like I have never loved any virtual retail department store (and I have loved many).  </p>
<p>It is very fortunate that I completed night school this past summer and earned my diploma.  I have a feeling I may be in The Job Market soon.</p>
<p>Also, I am writing a book.  More on that soon.</p>
<p><img src="http://insider.prismdurosport.com/wp-content/uploads/2008/11/diploma.gif" alt="" title="Nero Tarlev&#039;s Internet Diploma" /></p>
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