4.6 • 2.7K Ratings
🗓️ 27 April 2020
⏱️ 78 minutes
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0:00.0 | This isn't your average business podcast and he's not your average host. |
0:06.4 | This is the James Altiger Show. |
0:10.0 | Today on the James Altiger Show. |
0:15.4 | The businesses that will not only survive but thrive the situation are the businesses that |
0:21.2 | can pivot away from what they're doing right now and get into these phenomenally growing |
0:28.0 | industries that we're seeing. |
0:30.7 | But the sad thing James is a lot of people they just don't want to do that. |
0:34.2 | They don't want to think outside the box. |
0:36.5 | They're stuck in the traditional way of doing things but unfortunately we're wearing a |
0:40.8 | different world right now and my message to people that want to own a business is |
0:46.4 | go and buy a business that an owner doesn't want to pivot, buy it and then you pivot that |
0:53.0 | business and you make those improvements and you change your model and you will do phenomenally |
0:59.5 | well. |
1:00.5 | Not just now but also when this thing ends. |
1:03.0 | Some of these businesses are thriving. |
1:05.8 | So there's this category of businesses that were in one industry but with a little bit |
1:12.3 | of thinking they could pivot to kind of thrive during today's times and they won't necessarily |
1:18.6 | go down in post coronavirus but there's an opportunity to acquire these companies before |
1:25.0 | they realize they could pivot. |
1:27.1 | And I guess there's a fourth category which is companies that have slowed down to the |
1:30.5 | point where they're pretty much out of business right now but they'll just come back as strong |
1:35.1 | after coronavirus but this whole situation might have said you know what I'm throwing |
... |
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