Business and Investing2 Nov 2022

Why a Recession Is the Best Time to Build a Business

EP 067: So what are the power moves in a recession?

The answer is in this episode.

This week, Grant and I did a podcast on why a recession is a great time to grow a business.

If Stan is correct in his call on the upcoming recession, then this episode might just be the most important one to listen to.

Episode Highlights:

00:00 Welcome to Business and Investing
03:35 The certainty or uncertainty of an upcoming recession
05:29 Why are tough times a good option for running a business
11:05 Market share absorption
12:30 Preparing your business for tough times
14:16 Opportunities during a recession
20:07 Hiring A-players during an economic downturn
26:31 Forcing new business owners to drive innovation
30:02 How to reshape your business offers
33:10 Leveraging your negotiation skills
37:15 How your perception changes the situation
41:41 The importance of thinking long term

If you enjoyed this episode, be sure to subscribe, tune in and share this podcast!

Resources:
○ Business and Investing website: https://www.businessandinvesting.com/

Subscribe:
○ Subscribe on Youtube: https://www.youtube.com/@businessandinvesting
○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342

Connect with Business and Investing:
○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480
○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom
○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom
○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom
○ Send your enquiries or drop by to say hello: grant@businessandinvesting.com

DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

Support the show: https://linktr.ee/businessandinvestingcom

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(131)

Reviewing 2023 - What Worked & What Didn’t

EP 132: Are you curious about the intricacies of business strategy and growth over the past year? This week, Grant and I dive into a comprehensive review of 2023. We unravel the successes and setbac...

17 Dec 202339min

Should You Buy a Business?

EP 131: Ready for some business and investing insights? Grant and I delve into the world of buying businesses! Discover the highs and lows of acquisitions, from spectacular successes to cautionary t...

10 Dec 202340min

Are $57 Lasagnas Ruining Your Business?

EP 130: Explore the $57 Pizza Dilemma in this eye-opening episode! Grant and I cover the challenges of rising living costs and the contrasting approaches of cutting expenses vs. creating more value. ...

3 Dec 202332min

Upgrading Your Identity

EP 129: Struggling to let go of routines when handing over tasks? Grant and I highlight the vital role of strategic planning for business owners adopting new identities, urging intentional definition...

26 Nov 202342min

How to Get Rich... Review

EP 128: Grant and I explore the insights from Dennis Felix's book, "How to Get Rich," with a focus on financial arbitrage, borrowing money, and creating spreads in business. Uncover unique strategies...

19 Nov 202346min

It's A Trap! ... A Money Trap

EP 127: Grant and I discuss money traps in business and investing. Exploring the impact of chasing short-term gains on decision-making and emphasizing the need for an emergency fund to make wiser cho...

12 Nov 202329min

Its Easy To Spot Businesses That Wont Exist In 5 Years... They Are Missing This

EP 126: How do you secure long-term business success? Reviewing a client's ad account emphasized the necessity of a robust edge and moat in your business strategy. Grant and I delve deeper that this...

5 Nov 202332min

Creating a Better Business Plan

EP 125: How can you get better at building wealth, whether in your business or personal life? Grant and I discuss the importance of quarterly planning in business and stress the need to stay flexible ...

29 Okt 202331min