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The $100 MBA Show

MBA2098 Guest Teacher – Rochelle Clarke – How to Protect Your People, Profits, and Growth From Unplanned Events With a Business Continuity Plan

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 25 July 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

In business, anything can happen — including bad things. You have two choices: be prepared, or be blindsided.

Transcript

Click on a timestamp to play from that location

0:00.0

Heyo! Welcome to the $100 MBA show helping you take care of your baby your business

0:14.2

that is every single day with our daily 10 minute business lessons for the real

0:18.2

world I'm your host your coach your teacher Omar's at home.

0:22.6

I'm also the co-founder of Webinar Ninja, an independent software company I started

0:26.3

with my co-founder back in 2014.

0:28.4

And today's episode is a guest teacher episode.

0:31.0

On our guest teacher episodes we bring on an expert to teach their

0:33.6

area of expertise. Today we have Rochelle Clark and she'll be teaching you

0:37.9

how to protect your people, your profits, your growth from unexpected events with a business continuity plan.

0:46.0

For most of us as entrepreneurs, our biggest asset that we actually own is our business.

0:52.0

And yet many of us don't have a plan for if things go wrong.

0:57.0

You need to make sure that your business can survive any kind of unforeseen calamity, whether it's a natural disaster, a pandemic, you getting

1:06.2

sick, a vital person in the business loses their life.

1:10.3

This is not fun to think about, but as the owner, as the founder of your business,

1:15.8

your job is to protect it at all costs, and to think about what are we going to do if we have

1:22.4

a crisis?

1:23.5

We need to make sure the business keeps ongoing,

1:25.4

that the team keeps getting paid, that you get paid,

1:27.6

the business actually can keep accepting cash

1:30.4

that the machine doesn't stop. This is such an important thing we need to plan for.

1:35.2

And this is why we brought on Rochelle to teach this lesson. She's a business

1:39.2

continuity expert and she's here to help. I can't wait to get into this one so let's get into it. Let's get down to business.

...

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