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The Chris Harder Show

632. 4 Steps To Thrive In A Challenging Economy

The Chris Harder Show

Chris Harder

Entrepreneurship, Business

4.91.5K Ratings

🗓️ 13 June 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

In a challenging economy, you don't have to slow down. As a matter of fact, you can thrive, make more money, and get more bang for your buck. By just adding 10% for every 1% that the GDP is down in four areas, you can make more sales and come out on top. 

I share ways that you can add 10% more time, effort and added value to your customers, plus why it's a good idea to add more to your marketing and advertising budget. Now is the time to invest more in your team, whether that's mentors and coaches, or employees and contractors. Lastly, securing 10% more credit can help make up for any cash flow interruptions that you might experience. Listen in to learn more about my mathematical formula for business owners to prosper in a difficult economy. 

 

IN THIS EPISODE, WE TALK ABOUT:

  • A recap on what a recession actually means 
  • The four areas where you should be adding more time and money when you're in a down economy 
  • Simple ways to add value for your customers 
  • Proof that companies are investing in people that move the needle, regardless of what's going on in the economy 
  • Why you shouldn't be afraid of increasing your line of credit 

 

RESOURCES

  • Text BULLETPROOF to 310-421-0416 to get on the VIP Early Access list for our upcoming course about how to make yourself bulletproof during a challenging economy!
  • Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.  

 

CONNECT WITH CHRIS

Follow Me: @chriswharder

Visit My Website: https://chrisharder.me 

Transcript

Click on a timestamp to play from that location

0:00.0

A down economy doesn't mean a stopped economy.

0:04.9

A down economy does not mean that there is no business to be had.

0:08.4

A down economy does not mean that there's no sales that take place.

0:13.2

No, it just means that people are less likely to part with their money

0:19.0

as easily as they were before.

0:21.9

Welcome everybody to the Chris Harder show where we are making you unapologetic about your

0:30.8

pursuit of success. Knowing that when good people like you make good money they can then do great

0:35.7

things. My name is Chris Harder and several times per week. I will bring you epic guests,

0:40.3

solo episodes and every single tool trick and skill set you need to grow your business,

0:44.9

grow your money mindset and to grow your wealth to levels that you have never reached before.

0:49.5

I've ended up in a unique place in life where I've got the experience, the connections and all

0:53.7

the secrets that it takes to be successful. And I'm lifting the curtain to reveal it all to you

0:59.2

in an effort to help put you in a position of abundance so great that you can then be as generous

1:04.8

as possible. So let's lock arms and let's get started.

1:11.5

Hey everybody, welcome back to the Chris Harder show. It's another money Monday over here where we

1:15.0

absolutely believe that both prosperity and generosity can and bus co-exist. And I also believe this,

1:20.8

let me add this thing, I believe that when you're facing a challenging economy, I don't care if

1:25.6

they title it recession or whatever they title it, when you're facing a challenging economy,

1:30.9

easy for me to say, I also believe that you don't have to suffer and you don't have to achieve

1:38.4

less. I actually believe that it's an opportunity for you to do better, equal to or better than you

1:46.0

are right now. And I'm actually going to share with you four ways to do that. I'm going to share

1:50.3

exactly the mathematical formula to thrive in a down economy, not to get by, not to trudge through

...

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