S2E44 How to Recession Proof Your Business
The Brian Buffini Show
Brian Buffini
4.8 • 2.4K Ratings
🗓️ 2 June 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
A recession might be a worrying prospect, but it also presents some great opportunities. In this episode, Brian explains how a business can stand out and take advantage of the coming recession by providing exceptional service and going above and beyond for its customers.
YOU WILL LEARN:
· Why you must always value your customers.
· How you can radically improve your service.
· Why it’s vital to make your business more efficient.
MENTIONED IN THIS EPISODE:
Episode 087, The Unexpected Extras
https://www.thebrianbuffinishow.com/unexpected-extras-087/
NOTEWORTHY QUOTES FROM THIS EPISODE:
“Can you put your name to it?” – Harry Buffini
“Just because you have a ton of business doesn't mean you're going to keep a ton of business. Things change.” – Brian Buffini
“The person who insists on using yesterday's methods in today's world won't be in business tomorrow.” – John Maxwell
“I believe there are some beautiful opportunities coming with this recession.” – Brian Buffini
“You don't know until the tide goes out who's swimming naked.” – Warren Buffet
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Transcript
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| 0:00.0 | Diversify your investments, they say. Know your unicorns from your zerbras, your Nasdaq, from your Nikke. |
| 0:05.6 | Thankfully, diversity doesn't have to be difficult. |
| 0:08.3 | With one simple investment, F&C Investment Trust gives you access to 400 of the world's best |
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| 0:20.1 | Capital is at risk and you may not get back the amount invested. |
| 0:23.2 | Issued by Columbia Threadniddle Management Limited authorised and regulated by the |
| 0:26.5 | financial conduct authority, there is no guarantee that dividends will continue to grow. |
| 0:31.4 | Monks looks to the future to meet your aspirations. That's why we take time to consider those |
| 0:36.6 | key themes that we believe will provide opportunities for the years ahead. Looking forward in this |
| 0:42.0 | way, rather than backwards, helps our search for those companies that will shape the future. |
| 0:47.0 | We think it's a better way to deliver returns you can look forward to. Monks is managed by Bayley Gifford. |
| 0:53.1 | A key information document is available by visiting BayleyGifford.com. |
| 0:57.4 | As with any investment, capital is at risk. |
| 1:04.7 | Welcome to It's a Good Life Podcast where it's all about helping entrepreneurs |
| 1:09.6 | think, feel and do better. Here's your host, Brian Bafini. |
| 1:16.5 | Top of the morning to you welcome to today's show. Today we're going to talk about the beauty |
| 1:21.1 | of a recession. What kind of a sick puppy are you Bafini? Well, I'm going to talk to you about |
| 1:26.6 | beauty. Beauty in regards to what can happen and what can be good as you strive through and navigate |
| 1:34.1 | through a recession for your business. WB8's the famous Irish poet and artist. His famous line |
| 1:42.3 | about Ireland was a terrible beauty is born. Coming out of the troubles here was the beauty of |
| 1:47.6 | Ireland about to be free and a beauty is born. I promise you that there's some changes coming |
| 1:54.3 | out of a recession. Now, I will say to you as we look at the world we live in today from a business |
... |
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