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Tips to Recession-Proof Your Business Strategy

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Manage episode 426131816 series 2467485
Content provided by Roland Frasier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Roland Frasier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome to a new episode of Business Lunch! In this episode, hosts Roland Frasier and Ryan Deiss discuss essential strategies for businesses to not just survive but thrive during economic downturns. They cover topics such as diversifying revenue streams, reducing debt, leveraging AI, and much more to ensure your business remains resilient and profitable.

Highlights:

"Investing in technology can cut costs and boost efficiency."

"Strengthen your customer relationships; they're your most valuable asset."

"Always be upskilling your employees to enhance their value."

Timestamps:

00:00 - Diversifying Revenue Streams: The Smart Way

01:17 - Introduction and Current Business Climate

02:28 - Economic Shifts and Business Adjustments

05:00 - Indicators of Economic Recession

06:14 - Building Cash Reserves for Stability

08:08 - Reducing Debt to Free Up Cash Flow

10:14 - Reassessing and Prioritizing Expenses

17:11 - Leveraging AI for Cost Reduction

18:54 - Upskilling Employees for Greater Efficiency

27:41 - Acquisitions as Growth Opportunities

CONNECT

• Ask Roland a question HERE.

RESOURCES:

• 7 Steps to Scalable workbook

• Get my book, Zero Down, FREE

To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/

Connect with me on social:

🎵 TikTok:

/ rolandfrasier

📸 Instagram:

/ rolandfrasier

📱 Facebook:

/ rolandfrasierpage

💼 LinkedIn:

/ rolandfrasier

Subscribe to Roland Frasier 👉

/ @rolandfrasierepic

Mentioned in this episode:

Get Roland's Training on Acquiring Businesses!

Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion!

EPIC Training

  continue reading

359 episodes

Artwork
iconShare
 
Manage episode 426131816 series 2467485
Content provided by Roland Frasier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Roland Frasier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome to a new episode of Business Lunch! In this episode, hosts Roland Frasier and Ryan Deiss discuss essential strategies for businesses to not just survive but thrive during economic downturns. They cover topics such as diversifying revenue streams, reducing debt, leveraging AI, and much more to ensure your business remains resilient and profitable.

Highlights:

"Investing in technology can cut costs and boost efficiency."

"Strengthen your customer relationships; they're your most valuable asset."

"Always be upskilling your employees to enhance their value."

Timestamps:

00:00 - Diversifying Revenue Streams: The Smart Way

01:17 - Introduction and Current Business Climate

02:28 - Economic Shifts and Business Adjustments

05:00 - Indicators of Economic Recession

06:14 - Building Cash Reserves for Stability

08:08 - Reducing Debt to Free Up Cash Flow

10:14 - Reassessing and Prioritizing Expenses

17:11 - Leveraging AI for Cost Reduction

18:54 - Upskilling Employees for Greater Efficiency

27:41 - Acquisitions as Growth Opportunities

CONNECT

• Ask Roland a question HERE.

RESOURCES:

• 7 Steps to Scalable workbook

• Get my book, Zero Down, FREE

To learn more about Roland Frasier 👉 https://msha.ke/rolandfrasier/

Connect with me on social:

🎵 TikTok:

/ rolandfrasier

📸 Instagram:

/ rolandfrasier

📱 Facebook:

/ rolandfrasierpage

💼 LinkedIn:

/ rolandfrasier

Subscribe to Roland Frasier 👉

/ @rolandfrasierepic

Mentioned in this episode:

Get Roland's Training on Acquiring Businesses!

Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion!

EPIC Training

  continue reading

359 episodes

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