Are You Recession Proof?
The Road to Seven
English - November 29, 2022 05:00 - 20 minutes - 14.3 MB - ★★★★★ - 1 ratingCareers Business coaching business development female entrepreneurs Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
“Just because there is economic turmoil all around us, it doesn’t mean we have to be affected.”
- Shelagh Cummins
If you’ve become worried about and preoccupied with what COULD happen during the recession, then this episode will help you refocus on your next power moves and set yourself up for your best-case scenario!
Cards on the table: there WILL be an economic downturn. That is a fact. In fact, the recession has already begun — you may have already noticed an effect on your own finances or on the finances of those close to you. But focusing on the things that you can’t control takes your attention away from those you CAN.
Tune in to learn the moves that you can make right now to recession-proof your business, how lessons learned during the pandemic will help you stay on track during the downturn, and why the looming recession holds a secret silver lining for entrepreneurs!
Remember — if you survived the pandemic, then you’re already strong enough to get through the recession!
In this episode of the Road to Seven podcast, you’ll discover:
Why being a small business owner at this moment is actually advantageous Two questions that can help drive every decision you make during a time of crisisWhen you should decline offers or upgrades when it comes to new loans or lines of credit — and when you should acceptHighlights:
01:03 Intro
02:20 What is a recession?
03:30 Our advantages
04:41 Pandemic lessons
06:22 Cash flow & stockpiling
08:13 Releasing dead weight
09:49 Monitoring your accounts
11:17 Taking on new debt
14:04 Why me?
16:02 Why now?
18:26 Recap
Links:
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https://www.theroadtoseven.com/capital-access-program
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