You’re Not Crazy . . . Running a Business Is Getting More Expensive
EntreLeadership
Ramsey Network
4.7 • 4.4K Ratings
🗓️ 19 June 2026
⏱️ 12 minutes
🔗️ Recording | Apple Podcasts | RSS
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| 0:00.0 | If it feels like everything in your business has gotten more expensive, well, you're |
| 0:09.0 | right. |
| 0:10.0 | Right now, 77% of small and mid-sized businesses are experiencing higher costs. |
| 0:18.0 | Almost everyone's feeling it, even us. |
| 0:20.0 | And yes, that's a problem. But what's the bigger problem? Well, most |
| 0:23.8 | business owners are dealing with it the wrong way. They're not leading, they're reacting. They're |
| 0:29.0 | making hasty decisions, emotional decisions, fear-based decisions. And when you let fear run your |
| 0:34.4 | business, here's what happens. You take a problem like higher costs and you |
| 0:38.6 | turn it into a full-blown crisis. That's why here at Ramsey Solutions, we don't make decisions |
| 0:43.8 | based on fear. In fact, fear not is one of the core values we plastered all over the place |
| 0:50.5 | because wise leaders don't panic, they pivot. You don't want to be like most leaders. |
| 0:56.0 | You want to be a wise one. Today, Entree Leadership's head coach John Falcons is going to show you |
| 1:00.9 | how to handle the problem of rising costs the right way. You'll learn three things you should |
| 1:07.3 | stop doing and start doing to weather this storm and keep your business on track. |
| 1:13.6 | Thanks Dave. Okay, let's start by facing some obvious but brutal facts. |
| 1:18.6 | You're running a business and an economy where everything costs more. |
| 1:22.6 | Your cost of goods, your utilities, your materials, your fuel, insurance, everything is more expensive |
| 1:29.8 | than it used to be. I mean, how many people had war with Iran on their bingo card for this year? |
| 1:35.7 | Meanwhile, your customers are getting squeezed too. So now you're running a business that costs more |
| 1:40.6 | to run and customers who are scared to spend. And this isn't just a financial problem. |
| 1:46.2 | It turns into an emotional problem. You've got a team of people counting on you. They have families, |
| 1:52.4 | they have mouths to feed. Almost every business owner I talk with is asking themselves tough |
... |
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