Here's how you prepare your business for a coming recession!
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Everybody online is talking about whether we are entering into a recession here in the US and globally. It's been the talk of the town for months, if not a couple of years now. And we might already be in a recession as of the time you're diving into this episode.
Let's get to the obvious question first. Do I know when or where it's coming or how long it'll last? No, I don't know the future, but what matters more to me is understanding how do we conduct ourselves and how do we run our businesses in light of a potential recession.
You need to be prepare for dark days of business. You need to have the financial and decision making prowess to navigate through the periods when your business isn't booming, and also through a global recession, when that day comes. And that's what I want to share with you today. Let's talk about what you and I can control instead of all the scary gloom and doom out there that we can't control. And I'll share my own story of how I made it out of the previous recession with a prospering online business.
In this episode you'll learn:
- What essential steps you need to take to navigate through a recession and keeping your business prosperous
- How the previous recession of 2008-2009, changed my way of thinking and made me a better business owner
- Why recessions can actually be a good thing for your business
Hope you enjoy!
- Graham
