138: How to Disaster-Proof Your Business During Coronavirus and Beyond

The Rachel Hollis Podcast

Rachel Hollis

Health And Wellness, Education, Spirituality, Relationships, Personal Development, Society & Culture, Religion & Spirituality, Personal Growth, Self-improvement

4.6 • 16.4K Ratings

🗓️ 17 March 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you own a small or medium sized business, if you’re working on a side hustle, or if you care about someone who does, you NEED to listen to this episode, We’re talking about steps you can start right freaking now to protect your livelihood from COVID-19, recession, natural disaster, or any number of things we haven’t thought of yet. We can do hard things. We can weather this storm. Stay safe out there: I’m rooting for you. Do you have a question for Rachel? Wanna share your work from home stories, or have a question about what to do as you move through hard things? Give us a call! Seriously! Call (737) 400-HOCO, and press 1 to leave a question for Rach or Dave (or both). Press 2 to share a story about your journey - it can be about your Start Today Journal, attending a RISE conference, coaching, or anything you want! The best part? You only have to share your name and voice if you want to? Let us know when you leave your message and we'll take care of the rest. We can't wait to hear from you ;) -- Y'all. We are still pinching ourselves about the latest news out of our podcast network - Trent freakin' Shelton has launched a brand new show with the Hollis Company! That's right, Straight Up with Trent Shelton drops new episodes EVERY WEDNESDAY! Trent brings honest, raw, life-changing wisdom straight from his heart to your ears on a weekly basis. His style is so unique, his message so powerful, we just KNOW this is going to be your new must-listen podcast. Subscribe to Straight Up with Trent Shelton on iTunes, Google, Spotify, Stitcher, or wherever you listen to podcasts by clicking here -> http://bit.ly/trentpod It's time to spring into savings with our first ever SPRING FLING! What exactly is a Spring Fling, you ask? It's a huge, storewide sales event where we're giving deep discounts on everything in the shop, including some brand new, never-before-seen-or-sold goodies we've been working hard on just for you! The sale starts at 12pm CST on March 23rd and goes for 24 hours, so bookmark thehollisco.com/collections/shop now and set your alarms! We'll see you there :) Dave's first-ever book, Get Out Of Your Own Way, is OUT NOW! This book is for everyone, and we mean EVERYONE: women who loved Girl Wash Your Face, men who did or didn't read Girl Wash Your Face, personal development skeptics, personal development devotees, anyone and everyone who has a life and knows it could maybe get a little better if they could just get out of their own dang way! LET'S GOOOOOO! -> http://bit.ly/gooyowpod Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Uh, all right. Where do we even begin? I... I guess we begin with I just wrote an article for my LinkedIn page.
0:11.2	So LinkedIn is where I tend to post all of my content that pertains to being a leader, to being a business owner.
0:19.5	It's not necessarily the kind of thing that I post on Instagram. It is really for that audience of people
0:25.2	who are small, medium-sized business owners or dreaming of becoming one or want to know about my leadership styles.
0:32.6	Like where I share all the work things. And I went on to LinkedIn last night. This is not an ad for LinkedIn, I swear.
0:41.3	But I went on to LinkedIn last night because I thought, you know, I'm in this like two weeks of
0:46.9	dealing with coronavirus and how that will affect the economy and then how it affecting the economy will affect my business.
0:56.5	And so I went on to LinkedIn because I was like, I, you know, I just want to read articles and I want to see what other business owners are saying.
1:04.8	And I got on to LinkedIn and I, there wasn't anything. I mean, there's lots of information about coronavirus, but nobody was talking about it in regards to owning an SMB.
1:14.9	So small or medium-sized business in case you don't know what those letters mean.
1:19.0	I was sort of blown away that nothing was there because I have lived through this before.
1:25.8	I have been an entrepreneur for almost 17 years and I owned a high-end event planning company in 2008 when the U.S. economy fully crashed.
1:38.8	And I know how hard it is to navigate a recession and what you have to do and how you have to hustle.
1:45.6	And so I really thought that I would find this whole community of people who were talking about like, hey guys, here's how we prepare.
1:51.6	Like there's this whole society of people who are like making sure that they have cans buried in their backyard.
1:57.9	They're like the preppers, right? They're like prepping for the end of the world.
2:01.0	But I don't know where the business community is who's talking about if you own a small business,
2:06.8	what are you doing to prepare in case this pandemic becomes worse?
2:14.0	So I wrote an article about it and I am devoting a podcast to it because you have to have a plan.
2:22.5	I really want to start this off by saying this is not fear-mongering like you know I don't want to TV.
2:28.8	I'm not big on consuming the news and things that make you anxious. This is not that.
2:34.3	This is if you stick your head in the sand and pretend like things aren't changing
	...

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