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The Chris Harder Show

330. 6 Success Rules in a Recession

The Chris Harder Show

Chris Harder

Entrepreneurship, Business

4.91.5K Ratings

🗓️ 13 April 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

In This Episode You Will Learn About:

  • Building up a runway
  • Reducing your overhead
  • Pivoting to fit the times
  • Shifting your marketing
  • Seeking out opportunities
  • Being a leader

 

Resources:

 

Show Notes:

Let's go over the rules of a recession. My goal is for you to not only survive but thrive during this uncertain economic situation that we are all facing together. I've spent over the last decade learning and applying all of the right moves that you should be making as an entrepreneur, and in a recession, some of those rules will change. You need to know the new rules of surviving and thriving in a recession, and I'm going to share those 6 rules with you today.

 

Follow me on social media @ChrisWHarder on Instagram and check out www.ForTheLoveOfMoney.com

Transcript

Click on a timestamp to play from that location

0:00.0

If you sold a physical product like CBD, now is the time to change your message to how it helps with financial anxiety instead of just anxiety in general.

0:10.0

Do you guys catch my drift? If you are not talking about how your product no matter what it is fits the times that we are in right now, you will not be seen and heard.

0:21.0

Welcome everybody, this is for the love of money where we are making you

0:26.8

unapologetic about your pursuit of success by sharing the tools, tips and

0:31.8

stories of those who have already made it.

0:35.0

My name is Chris Harder and each week I will bring you incredible guests in order to prove

0:40.6

that when good people make good money they do great things.

0:44.3

Hey everybody welcome back to another amazing episode of For the Love of Money.

0:52.1

Today we are going to be sharing the rules of a recession.

0:57.0

Now my goal is to help you survive and thrive in this very uncertain economic situation that we are all facing together, right?

1:06.0

We're in it together.

1:07.8

And I've spent more than the last decade learning and applying all the right moves that you should be making as

1:15.7

an entrepreneur and in a recession some of those rules well they change and you need to know what the specific rules of

1:25.6

surviving and then thriving in a recession are and that's why I've created the

1:30.6

following six rules to make sure that you do just that, survive and thrive.

1:36.6

Because your business not only can do well in a recession, but in every shift, massive opportunity is created and this could actually be what

1:46.5

propels your business to an entirely new level if you do it right and so as

1:51.5

we're headed into this possible crisis economy, here's the rules that you as a individual

1:58.1

building a business must learn and must apply. Rule 1, Cash is King.

2:05.0

Cash is King, and right now you need to pile up as much as you possibly can,

2:09.0

and I cannot stress this enough.

2:11.0

Cash on hand gives you runway and it lets you take advantage of all

...

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