313: How to Prepare Your Business for a Recession
Your Virtual Upline Podcast
Bob Heilig
4.9 • 1.7K Ratings
🗓️ 29 July 2022
⏱️ 29 minutes
🧾️ Download transcript
Summary
Most people view recessions through the lens of fear, focusing on the negativity and uncertainty of it all.
However some entrepreneurs and business owners thrive.
What's the difference? They focus on different things.
Which is exactly what I want to help you do in today's episode.
I'll share with you the biggest shift you must take to prepare your business and give you 2 specific areas to focus on in terms of your strategy for you to WIN BIG TIME in a recession.
If you do these things, I promise many of you will look back on the next 12 - 24 months as the greatest you've ever seen in your business.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey Bob here and welcome back to the your virtual upline podcast where we give network |
| 0:12.4 | marketers the mindset, strategies and skills that you need to build the business and life |
| 0:18.8 | of your dreams. |
| 0:22.6 | Hey Bob here, welcome back to the show episode 313 this is a really important episode today. |
| 0:32.4 | I'm going to teach you how to prepare your network marketing, your social selling |
| 0:38.1 | business for a possible recession. |
| 0:42.6 | I'm going to teach you how to win big time in a recession. |
| 0:48.4 | There are certain things that if you do differently than most people that are in this space, a recession |
| 0:56.2 | or any period of economic downturn, there's lots of argument, are we, are we not in a recession |
| 1:03.1 | at the time of me recording this tomorrow, we will literally find out for sure when the |
| 1:09.2 | economic data comes out. |
| 1:11.3 | But here's what we can't deny is that we are in a major economic downturn right now, |
| 1:15.4 | what I want you to understand is this could present an incredible opportunity for your |
| 1:21.1 | business. But in order for that to be the case, you have to start acting and operating differently. |
| 1:26.9 | So I'm going to teach you what that means today. But here's how I want to start off this show. |
| 1:32.5 | It has been 14 years since we've had a recession in our country. |
| 1:40.8 | This is just to put this in perspective. This is the longest period of time ever. |
| 1:48.5 | Typically, we go through a recessionary period in the US every seven to eight years. |
| 1:54.2 | And so recessions are actually a really important part of the cycle of of long-term economic growth, |
| 2:02.0 | right? The economy grows and then it needs to go through a little bit of a reset and then we |
| 2:06.6 | enter a new phase. Now, how long a recession lasts could vary, right? It could be anywhere from |
| 2:12.5 | six months to several years. We don't know what this one is going to be. But here's the thing is |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bob Heilig, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bob Heilig and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.