E131. How to Avoid the Biggest Mistake CEOs Make When Revenue Drops
Did you know that the U.S has experienced 12 recessions since World War 2?
That’s one every six years, according to the National Bureau of Economic Research.
Recessions are more common than most people realize, and most entrepreneurs are likely to encounter multiple over the course of their career.
These changing global events, turbulent markets, and trying economic times make running a successful business a challenge – but there is a long history of steps that have worked in the past to weather the storm.
In today’s episode featuring Jerry Macnamara, we talk about:
-The common mistake CEOs make when revenues decrease
-Several concrete steps entrepreneurs and business owners can take to prepare for a potential recession
-How to create the right environment for your people to make engaged, autonomous, and agile decisions to thrive during challenging economic times.
Jerry has led five companies in five industries, B2B and B2C. His companies have made the Franchise 500, Inc 500 and Best Places to Work, and he is recognized as an Ultimate CEO. His mission is to positively impact 5M people through better business.
You’ll love this episode if you are looking for expert insights and practical tips you can take to ensure your business rises to the challenge and comes through this period stronger than ever.
Enjoy!
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