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Marketing School - Digital Marketing and Online Marketing Tips

This is How Your Business Can Survive During the Coronavirus | Ep. #1365

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 27 April 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

In episode #1365, we talk about how your business can survive during the coronavirus. As the global pandemic grows in scope and seriousness there is no longer any doubt that this will massively affect all businesses. Tune in to hear our suggestions of measures you can take today in order to stay afloat! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: How Your Business Can Survive During The Coronavirus. [00:37] Placing this conversation within the continuum of the virus and our episodes on the subject. [01:09] Applying for small business financial aid and disaster relief from the government. [01:51] Staying in the know and up to date on information and resources. [02:36] Cutting costs and renegotiating your contracts and wages. [03:27] The best ways to let people go from your company and lead well. [04:45] Checking your leading indicators; sales conversations and conversions. [05:29] Get flexible; now is the time to rethink your offers and opportunities for the short term.  [06:20] That’s it for today! [06:22] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information. Links Mentioned in Today’s Episode:   Leave Some Feedback:   What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:  Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.5

Let's start leveling up your marketing knowledge with your

0:14.3

instructors Neil Patel and Eric Sue.

0:17.0

All right guys before we start we got a special message from our sponsor.

0:24.0

If you want to rank higher on Google,

0:25.9

you got to look at your paid speed time.

0:28.5

The faster your website loads, the better off you are.

0:31.3

With Google's core vital update,

0:33.0

that makes it super, super important

0:34.8

to optimize your site for low time.

0:37.6

And one easy way to do it is use the host

0:40.0

that Eric and I use, Dreamhost.

0:42.0

So just go to Dream Host or Google it.

0:44.8

Find it, check it out, and it's a great way

0:47.0

to improve your low time.

0:50.5

Welcome to another episode of Marketing School. I'm Eric Sue and I'm Neil Patel and today we are going to talk about how your business can survive during the coronavirus.

1:01.0

So in the past we've done a couple of these and I just want to give

1:03.8

people some context on the time period of when we started recording. So when we did our last few

1:08.8

COVID-19 episodes this was before the tide really started to hit the United States, which is where Neil and I live.

1:15.0

Now it's full force. It's April 3rd right now, and we're right in a thick of it.

1:20.0

So, you know, sentiments have changed. I talked to Neil for about 40 minutes yesterday and, you know, things are changing day by day, right? Things are crazy and I know, you know, the rest of you that are in different countries around the world, this might be hitting you at different times, right? So we want to talk about specifically what you can do during this time period knowing that things are changing day by day. So Neil, do you want to kick it off first?

1:38.7

Yeah, the first thing you can do is apply for any government financial aid. A lot of governments around the

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