1024. From Downturn to Upswing: Tactical Advice for Entrepreneurs Facing Economic Instability
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on July 08, 2024 15:08 ()
What now? This series will be checked again in the next hour. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 418034414 series 3559852
In this episode of The Kelly Roach Show, Kelly explores essential business strategies for entrepreneurs facing economic instability and thriving amidst impending market disruptions. She shares insights tailored for small business owners and executive leaders bracing for future economic challenges.
Kelly highlights the opportunities for small businesses to grow even during economic downturns due to their minor market share. The discussion then shifts to strategic business adjustments in contraction markets and the importance ofresource management. By merging billion-dollar corporate strategies with savvy online entrepreneurship, Kelly outlines how to effectively harness one's network to ensure sustained business success.
Also in this episode:
Small businesses with minimal market share have growth opportunities even in economic downturns, provided they pivot and adapt strategically.
A strategic approach in contraction markets involves capturing market share from competitors and leaning out expenses, while safeguarding key growth drivers like advertising, team, and education.
Leveraging networks for shared resources and referrals saves costs and propel business continuity.
A well-managed referral pipeline yields high-quality leads and is pivotal for business growth in challenging times.
Book a call to learn about The Advance: https://calendly.com/tyrich/30min
Check out The Advance Website: https://theadvancesociety.com/
Stay Connected With Kelly Roach:
1053 episodes