142 - Slow Down Strategies

Written By Guest User

Are you confident that you’re prepared for this economic recession? It’s can be hard to tell exactly what this can look like, but the best business practices can always carry you through a storm. Today Martin and Khalil walk through some practical advice and strategies for the incoming slowdown. Check it out!

Show Notes

  • 02:54 - Inflation Rates In The Eighties 

  • 07:50 - The Way Of Inflation 

  • 13:19 - Cash Is King?

  • 17:37 - Cash Reserves And Letting People Go

  • 21:11 - Applicable Slow-Down Strategy

  • 28:50 - Maintaining Your Relationships

  • 33:00 - Do You Know Where You Stand In Your Market? 


Quotable Moments

  • “By letting this person or that person go you might be in fact saving five other people's positions.” - Martin 

  •  “The question isn't how can I do this better the first question is should I be doing this at all.” - Martin

  • “When you're talking about preparing for a slowdown, if you distill it to its simplest form you're talking about having sufficient cash to meet your obligations in the future with reduced business activity.” - Martin

Resources


More from Martin


More from Khalil

More from The Cashflow Contractor

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