632. 4 Steps To Thrive In A Challenging Economy

In a challenging economy, you don't have to slow down. As a matter of fact, you can thrive, make more money, and get more bang for your buck. By just adding 10% for every 1% that the GDP is down in four areas, you can make more sales and come out on top. 

I share ways that you can add 10% more time, effort and added value to your customers, plus why it’s a good idea to add more to your marketing and advertising budget. Now is the time to invest more in your team, whether that’s mentors and coaches, or employees and contractors. Lastly, securing 10% more credit can help make up for any cash flow interruptions that you might experience. Listen in to learn more about my mathematical formula for business owners to prosper in a difficult economy. 

 

IN THIS EPISODE, WE TALK ABOUT:

  • A recap on what a recession actually means 
  • The four areas where you should be adding more time and money when you’re in a down economy 
  • Simple ways to add value for your customers 
  • Proof that companies are investing in people that move the needle, regardless of what’s going on in the economy 
  • Why you shouldn’t be afraid of increasing your line of credit 

 

RESOURCES

  • Text BULLETPROOF to 310-421-0416 to get on the VIP Early Access list for our upcoming course about how to make yourself bulletproof during a challenging economy!
  • Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.  

 

CONNECT WITH CHRIS

Follow Me: @chriswharder

Visit My Website: https://chrisharder.me 

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