#145: why playing it safe might be the most dangerous move //recession prediction // next level pros podcast

The Founder Podcast

Chris Lee

Business, Entrepreneurship

5 • 1.4K Ratings

🗓️ 17 April 2025

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to a new episode of Next Level Pros! Today, get ready to learn about surviving (and thriving) during economic chaos. Chris, Daryl, and Levi break down how to overcome fear, get creative with your business, and turn a potential recession into your personal comeback story. They'll show you why getting uncomfortable might just be the best thing for your business right now.

Highlights:

"What would I do if I had no fear?"

"Your experiences are a reflection of your internal thoughts, beliefs and emotions, not your external circumstances."

"Most businesses are run by older people, but there's a lot of opportunity for younger people with ambition."

"52% of Fortune 500 companies were started in a recession."

Timestamps:

0:00:00 Recession Alert: Economic Challenges Ahead

0:01:33 Changing Strategies When Old Methods Fail

0:04:03 Recession-Proofing Your Mind

0:08:35 Opportunities Born from Economic Shifts

0:10:27 Overcoming Ego in Business Challenges

0:14:16 Transparent Leadership During Tough Times

0:19:47 Finding Strategic Partnerships for Survival

Want me to teach you how to grow your business? Text me! 509-374-7554

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Transcript

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0:00.0	Recession is in the air. The stock market has tanked over 4,500 points in the last four days. Donald
0:07.4	Trump has initiated reciprocal tariffs across the board. We've got business owners that are calling me up and say,
0:14.0	what do we do? Do we keep our business open? Do we wind it down? Do we keep things rocking and rolling?
0:18.7	Do we go all in? All these questions are going through people's minds right now.
0:23.5	J.P. Morgan just recently said a 60% chance of a complete recession in 2025.
0:30.7	What are you doing right now to make sure that your business is recession-proof?
0:35.2	All this and more on this episode of Next Level Proves.
0:43.8	Yeah, so, I mean, dude, 2025 is crazy. Donald Trump is coming in hot. This guy is freaking
0:49.3	throwing just haymakers from the left corner. And you just have no idea what's going on.
0:56.2	It's been wild.
0:57.0	Whether you agree with Trump or not agree with Trump, regardless, there is change happening.
1:03.0	There is change.
1:04.2	And we could talk a little bit deeper about that, but I think it's more important, like,
1:07.8	what is happening right now in business?
1:10.0	A lot of people are scared. A lot of
1:11.2	people got things going on. I mean, me and you just got off the phone yesterday with a couple
1:16.7	business owners. They said, hey, Chris and Darrell, we want, these are guys in our community. They've
1:22.2	ran this business for quite a few years, and they are doing everything, which they feel is in their power to keep this thing
1:30.3	rocking, but the overall macro economy is hurting them.
1:34.3	Yeah, I think it's a really interesting aspect because people are really concerned with what to do.
1:39.3	And the concern comes from what used to work isn't working anymore. And really that's the point that we're
1:48.0	at is like everything's got to change. Which actually is a good reference to one of my favorite
	...

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