028 How to Make Your Biz "Recession Resilient" Part 1

Financial experts are all over the place buzzing about the threat of a recession. Only time will tell if we are headed down a recession path, but the big question remains: do you have a plan to get your business through a potential recession? As a clear-thinking business owner, you need to make your business more resilient when and if things get crazy.  Today I’m talking about what the prospect of a recession means for your business, and how you can position it to survive, and even thrive during a market slump.  What You'll Learn:  - What a recession is and what it means for small business owners - Is there a recession coming, or are we already in one? - How to build a recession-resilient business - What business owners can do to cushion themselves against a recession - How to position your business to take advantage of a market downturn - Why you need to reinforce existing customer relationships during a recession - Understand that there is no shame in not knowing how to handle a recession - How to cope with recession anxiety The truth is, I have no idea whether a recession is coming. I don't have the skills to predict that. But as a small business owner, a coach, and a consultant, my job is to tell you what's going on, and make sense of all the economic jargon that’s being thrown around. Staying proactive and informed is the first step to building a recession-resilient business.  Resources: - Subscribe to my new weekly newsletter, Boring Sh*t, that breaks down the most important (and boring) financial headlines every business owner needs to understand https://work.kellymosser.com/newsletter  - Follow me on Instagram https://www.instagram.com/kelly.mosser/ - My website https://kellymosser.com/