Archives for April 2019
Are you financially prepared for an economic downturn? The business cycle is called a cycle for a reason–highs and lows are normal and expected. I hope we aren’t going to talk ourselves into a recession. But clearly, we won’t continue with the sort of GDP growth that we’ve enjoyed over the last decade.
Success certainly should never lead to complacency. So how can you as a business owner or leader make sure you are preparing for a potential downturn in the future?
Here are 4 questions to consider when preparing for an economic downturn:
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Meetings – Proactive VS Reactive
There are certain themes in business coaching that I touch on pretty regularly. One of them is the topic of holding regular team meetings. I don’t believe there is a week that goes by that I don’t talk about the importance of meetings.
[Read more…]Goals and Accountability
Last night I was thinking about 3 ways in which goals and accountability helped me just yesterday and how this applies to business goals.
Yesterday morning, after having traveled for several days, I did something that I typically do very consistently: I weighed myself. And I found that because it had been several days since I last weighed myself, I had slipped up a little bit in regard to my weight. Just knowing that immediately resulted in a change of mindset for me concerning my caloric intake.
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