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Social Proof Podcast

A Recession Warning For Entrepreneurs - Episode #255 w/ David & Donni

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

52K Ratings

🗓️ 9 June 2022

⏱️ 69 minutes

🧾️ Download transcript

Summary

Is a recession looming? How do we prepare for a potential downturn in the economy? Quite candidly, for many of us , this may be our first experience of navigating through economic conditions we haven’t seen as entrepreneurs. In this historically imporant episode we’ll discuss :


  • Are Recessions Natural or Manufactured ? How do we grapple with the potential “powers that be” vs. a more natural economic cycle as an explanation for what happens during this period.


  • Preparing, Being Optimistic, and Moving Strategically As An Entrepreneur : How do you take action NOW for what is potentially to come without panicking, overleveraging, or stopping your momentum.



  • Recession Proofing Your Finances : How do you eliminate more debt, make your dollar stretch, and find ways to bring in more income?


  • The Power of Networking, Collaboration, and Investing Into Your Mental Health : Our ability to tap into our “people resources” and add value to the circles we are privileged to be a part of.


And so much more!


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Transcript

Click on a timestamp to play from that location

0:00.0

You are tough. You're resilient and unstoppable. I mean, it's in your DNA.

0:04.6

Even when they told you, no, you didn't stop until you got a yes.

0:08.0

And that's why you should be proud of all the things that you've accomplished up until this point.

0:12.3

Every day you work hard to conquer challenges, making the impossible happen.

0:16.1

And tomorrow, next week, next month, and next year, you're going to continue to do it over and over again.

0:21.4

And this time with a truck that's just as tough as you explore the best Ford truck for you today at Ford.com.

0:28.4

Built Ford tough.

0:29.6

More people were laid off in our lifetime than ever before.

0:34.2

They did print all this money, but are they not going to do the same thing?

0:39.1

No, they can't, they can't pop, you know, and I'm saying it.

0:43.5

Like absolute certainty.

0:45.3

Yeah, like I'm an analyst.

0:47.0

But it doesn't seem like it seems like they shouldn't have done that the first time because now it weakens the doubt.

0:53.0

Like if there's more money in circulation, of course, everything goes up.

0:55.7

And three, two, one.

1:00.5

You're listening to the real social proof podcast with Mr. Sleeves for suckers himself, David Shand.

1:08.7

Let's get it.

1:10.1

Welcome to another edition of social proof podcast.

1:12.5

Are you ready?

1:13.5

Absolutely not.

1:14.7

Listen, we are in here and happy to serve you all yet again.

1:19.5

Do yourself a favor.

...

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