Industry Research

Industry Mood: Look Into My Crystal Ball. . .

Posted on November 2, 2009 by Sara Eastwood-McLean - Also by this author

I am taking a risk in sharing this with you, but oh well, here it goes.

By the end of August, having vetted dozens of callers asking for my insights as to what the future outlook was for our businesses, I reached out to a, um, well, I contacted a psychic for business consultation.

Before I introduced myself, she said, “What in the world do you do? Are you an orchestra leader or some sort of director of a bunch of celebrities?

"Oh no, wait! The celebrities are around you but…I don’t see them actually…I just see a huge group of limousines parked everywhere. So, what the heck are you involved in?”

I kid you not. She did not even get to my name! Okay, I know this sounds crazy. I have access to the brightest minds in this business and beyond in the business world. I read 28 magazines a month — including five business and leadership periodicals. Yet, the more I read over the last few months, the more I concluded that much of what is being passed along is guesswork. The talking heads were just talking. The never-ending news with its pundits has not only lost credibility with me, it’s lost my full attention. Can you say OVERKILL?

So back to my psychic. In her report (which I taped) she said September was going to catch us all off guard as business went from a standstill to fairly active. October would be better than September and November would beat October in revenues. She suggested that December appeared, “Dead.” However, after “a large meeting in January where it appears a congregation takes place, business picks up through the early part of Spring.” She stopped there because I only paid for a six-month forecast. Now that I know Ty Bobit will let me put my business psychic on my expense account, you can be sure I will be back (smile).

I am just back from our LCT EASTERN CONFERENCE that was held in Connecticut. The event, the upbeat mood, and the action on the exhibit floor took me by surprise. I made it a point to query as many operators as I could to ask about sales. Every single person I spoke to said after a slow August, September was a welcome surprise of action. I had the pleasure of dining with the Ford Motor Company team who said that sales for their Executive L came back so strong in the four weeks of September that they are now back ordered with their dealers clamoring to get product. When I spoke to Greg Maddock from Lockhart Cadillac, he agreed they too were having the same challenge. Those are good indications that life in the fast lane is resuming and we are finally through the worst of times.

Before you run out and have your Tarot Cards read, hold on. We are starting to survey the industry in the next few weeks, and with the International LCT Show around the corner, you will be given much information on how to start planning your business for, well, more business. And, um, please just leave the Crystal Ball thing to me.

Sara Eastwood-McLean

View comments or post a comment on this story. (0 Comments)

More News

Business Travelers On The Move

Travelers took an average of 6.8 business trips in the past 12 months and expect that to increase to 7.4 in the next 12 months.

Traditional Car Services Won’t Disappear From Corporate Travel

What remains to be seen is whether they'll widely adopt more user-friendly interfaces for catching a ride on-demand.

TNCs Influence How, If Millennials Buy Cars

How should vehicle makers adjust their strategies as a new generation embraces on-demand rides?

Luxury Travelers Value Experiences Overall

They want to learn something new, but it's the affluent consumer that has the means to do this the most.

Travelers Booking With Agents Avoid Sharing Economy

New data shows more requests from clients for alternate accommodations and new ground transportation options.

See More News

Facebook Comments ()

Comments (0)

Post a Comment



See More

See More

See More

See More

LCT Store

LCT Magazine - October 2016 $12.95 COVER STORY: * Leverage Tech To Levitate Your Operations * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment


Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close