Episode 44: Survival Mode
Real Business Owners
Trevor Cowley
4.9 • 713 Ratings
🗓️ 1 April 2020
⏱️ 41 minutes
🧾️ Download transcript
Summary
We know many of you are going through a lot with the current state of things. Once again, we hope everyone is staying healthy and safe. It’s an uncertain period for sure, but this too shall pass whether it takes a couple months or a couple years.
In the meantime, we remain committed to bringing you guys weekly podcasts covering a variety of topics applicable to entrepreneurs and those who want to improve their lives!
In this episode, we talk about times when our businesses hit survival mode and the things we did to keep ourselves afloat during those periods of uncertainty. If you’re currently struggling but still believe in your business, we urge you to stick with it through this pandemic!
Video of this podcast is available at YouTube.com/RealBusinessOwners.
Connect with us on Instagram and Facebook @RealBusinessOwners.
Reach out to Easier Accounting at 888-620-0770 or by visiting EasierAccounting.com.
Transcript
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| 0:00.0 | Real business owners. |
| 0:02.8 | Yo, welcome back to the Real Business Owners podcast. |
| 0:06.2 | It's myself, Trevor Cowley, and who are you today, dude? |
| 0:11.9 | Are you KiloG? |
| 0:13.5 | Whatever, man. |
| 0:14.3 | People love Kelo-G. |
| 0:16.1 | And my partner, Kail Goodman. |
| 0:18.9 | Guys, me and Kail have been through quite a bit in business. |
| 0:22.3 | We've been through some ups and downs and rights and lefts, you name it. |
| 0:28.0 | When you're in business long enough, you're going to go through hard times. |
| 0:31.1 | And right now we're in the middle of one of those hard times where a lot of people are in survival mode. |
| 0:37.2 | And so what we wanted to do today is |
| 0:38.6 | just talk to you about some of the difficult times that we've faced and some of the things that |
| 0:42.1 | we've gone through and, you know, what we had to do to ultimately get through some of those tough |
| 0:47.4 | times to hopefully, you know, bring some value to you guys in terms of maybe hope and maybe some strategies on some things |
| 0:57.7 | that you could ultimately do to get through these difficult times as long as you believe in |
| 1:01.0 | your business. |
| 1:02.4 | You know, so initially, what was it? |
| 1:05.6 | I think it was 2012 when this happened. |
| 1:08.0 | We got to a point where there was $0 in the bank account. I think Jeremy |
| 1:12.7 | took $5,000 out of his personal account to help cover payroll right after Christmas just to make |
| 1:18.0 | sure payroll didn't bounce. And we were at about $65,000 in credit card debt, $65,000 or $66,000 in |
... |
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