4.8 • 1.5K Ratings
🗓️ 1 December 2018
⏱️ 8 minutes
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Clay breaks down the self-imposed famines and cash flow problems caused by small business owners who spend more money than they have while simultaneously spending less time in the business.
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0:00.0 | You have questions America's number one business coach has answers. |
0:05.0 | It's your Broda from Minnesota. |
0:07.0 | Here's another edition of Ask Clay Anything on the Thrive Time Business Coach radio show. |
0:13.0 | On the Thrive Nation on today's edition of the Ask Me Anything, The Thrive Time Show podcast. |
0:25.7 | I'm answering a question that's been asked to me by our employees and our clients alike for years. |
0:31.8 | They say, Clay, what are the hala plagues? There's the holidays. |
0:38.0 | You've all heard of the holidays. |
0:39.0 | But a lot of people haven't heard of the conjunction of taking the word hala and combining with |
0:45.5 | plagues known as the hala plagues. |
0:48.4 | So Chuck, I have written down what I believe to be the most accurate description of the hollow plagues. |
0:54.0 | But the hollow plagues are the self-imposed famines and cash flow problems caused by small business |
0:59.8 | owners who spend more money than they have, while simultaneously, you have to do both, |
1:05.0 | simultaneously spending less time in the business. |
1:08.0 | Good examples of the Hall of Plagues would be the week of Thanksgiving. |
1:11.0 | Maybe fall break. |
1:12.9 | Spring break. |
1:14.0 | The last entire two weeks of December. |
1:17.3 | The week and the weekend of Memorial Day, |
1:20.0 | the week and weekend of the fourth, etc. |
1:22.3 | Small business owners also kill themselves throughout the year by acting like they have unlimited paid time off and paid sick days throughout the year. |
1:31.0 | I call this the Hall of Plagues. |
1:33.4 | Chuck, Andrew, you've been with us for a while now. |
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