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Blog postThis weekend, I was sitting outside at my house and got inspired by conversations that I had with several of my clients this week.
Due to Coronavirus, many of us are now leading and managing smaller teams. These circumstances are requiring our delegation skills to level up as we learn to do more with less.To that end, as you know, Paul and I both believe that leaders are readers. So, I went thru my bookshelf and picked out our favorite books on delegation. Attached is a picture of the -
Blog postI journaled during my trip from Cleveland to Corpus Christi, Texas to Pasadena, California and home again. I visited two clients over 4 days. It was a trip of over 7,000 miles, 6 flights, 5 meals at restaurants, 4 nights away from home, 3 client meetings, 2 hot spot cities, and 1 exhausted recession expert…
As you can see, I take my job very seriously! Given the current state of the economy, I understand my client’s need guidance in order to survive. If you’re ready to -
Blog postJonathan Slain was recently featured on “The Small Business Radio Show” with Barry Moltz. On the episode they discuss why you don’t need to be afraid of recessions.
Check out this clip where Jonathan discusses the opportunity for savvy entrepreneurs in today’s economic climate:
https://recession.com/wp-content/uploads/2020/06/Jonathan-Slain-video-clip.mp4
For all the latest news coverage be sure to check out Jonathan’s accolades here.
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Blog postThings on the ground are moving very fast and it’s not getting better. I don’t want to be chicken little, my intent is to have all of my clients and friends be prepared to ROCK!
I believe that this week (maybe even Tuesday) that President Trump will shut down all non-essentials (everything except grocery stores and their supply chains, take-out food from restaurants (no dining in), banks, gas stations and healthcare). I think this shutdown will include all/most airline tra -
Blog post1. Hoard Cash (cash is KING to survive!)
Aggressively collect A/R Draw lines of credit (better safe than sorry and the interest isn’t that much!) Slow roll A/P Ask your banker, landlord, etc for a 3 to 4 month deferment on rent, loan payments due to COVID19.
2. Develop a proactive four tier cost cutting plan and implement it immediately when the pre-established triggers are met. In Rock the Recession, we call this the Emergency Brake and our best thoughts on how t -
Blog postPendulum Swinging Back Towards General Contractors
The COVID Crisis will likely swing the pendulum back to General Contractors having the power for a while in contractor relationships.
Specialty Contractors (e.g., plumbing and heating professional, electrical professionals) can expect Margin Compression due to facing multiple bidders for jobs Many more sub-contractors will be willing to lower their margins (sometimes below cost) to keep their crews busy
Develop -
Blog postThe top question that Paul and I are getting this week is: When will things return to normal? We wanted to give you the answer using data, so please watch the short three minute video below to understand how long it will be until the world (slowly) starts to return to the new “normal.”
And, below the video you’ll find our Top 5 Tips for this Week!
Refoc -
Blog postThe top question that Paul and I are getting is: When will things return to normal?
We wanted to share some helpful tips for our fellow business owner and leader to help you focus, get organize and prepare for the days ahead.
Here are our top 5 recommendations for you to tackle this month:
1. Refocus on Culture
Make sure your people are hearing and seeing you and your message – Ving is great for this. Full Disclosure, Paul and I are both investors in VingApp.com be -
Blog postBoston Consulting Group (BCG) released its eleventh annual survey of investor sentiment. BCG surveyed more than 250 portfolio managers and buy-and sell-side analysts from across the globe in November and December 2019.
Now, they are sharing the survey results in their recent article “Investors Want Companies to Be Resilient and Bold.” Here are the key findings:
71% of respondents anticipate a recession within the next two years 74% expect a recession— if it does occur —to be mild -
Blog postAs the coronavirus continues to spread across the globe and dominate news headlines, there is no denying the economic impact.With people avoiding public places and large crowds, there is less shopping, less traveling, less event attendance and less dining out.
Consumer spending is dropping drastically and corporate America is feeling the effects. Big businesses like Coca-Cola,United Airlines, Mastercard and Apple have all reported decreases in sales. Many American companies are not on
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