SPI 485: Making Major Business Decisions during a Major Crisis with Chris Ducker
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn
4.8 • 3.8K Ratings
🗓️ 19 May 2021
⏱️ 50 minutes
🧾️ Download transcript
Summary
#485 The pandemic has taught all of us about the importance of flexibility. Chris Ducker, a great friend of mine, is here to tell us his experience, how his business is doing, and what he's learned making major business decisions in these times. How we respond to major shifts like these are often the ultimate test of ourselves and our businesses. Chris's key learnings can help us all better plan for the future and cultivate the right mindset for the next big pivot. There are some amazing nuggets on this episode — don't miss it! Show notes and more at SmartPassiveIncome.com/session485
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Transcript
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| 0:00.0 | If you don't know your numbers, you don't know your business. |
| 0:03.1 | That's true when your business is growing fast and even more true when there's a lot |
| 0:06.1 | of uncertainty. |
| 0:07.1 | You know inflation is running rampant, supply chains are clogged and the labor market |
| 0:10.2 | is super tight. |
| 0:11.2 | Pretty crazy out there, but it's not dark for every business right now. |
| 0:15.4 | Over 33,000 businesses know their numbers because they use net suite by Oracle, the number |
| 0:19.6 | one cloud financial system. |
| 0:21.5 | Net suite is the number one cloud financial system to power your growth with visibility |
| 0:24.6 | and control of your financials, your inventory, HR planning, budgeting, and more. |
| 0:28.1 | Net suite is everything you need to grow all in one place, which is nice. |
| 0:31.3 | With net suite, you can automate your processes and close your books in no time while staying |
| 0:34.9 | ahead of your competition. |
| 0:36.4 | And it gives you the visibility and control of your financials, planning, budgeting, |
| 0:39.1 | and of course, inventory so you can manage risk, get reliable forecasts and improve margins. |
| 0:43.8 | 93% of surveyed businesses increased their visibility and control after upgrading to |
| 0:48.8 | net suite. |
| 0:49.8 | So for the new year, net suite has a new financing program for those ready to upgrade at |
| 0:53.9 | net suite dot com slash SPI head to net suite dot com slash SPI for the special one of a |
| 0:59.3 | kind financing offer on the number one financial system for growing businesses net suite dot |
| 1:03.8 | com slash SPI. |
| 1:05.7 | Hey, if you're looking for the best way to hone your skills and grow your business in 2023, |
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