EPISODE · Aug 9, 2022 · 46 MIN
Preparing for Recession Part 2
from Path for Growth · host Path for Growth
Want a clearer picture of what’s working in your business—and what needs attention? Take the free 12 Fundamentals Assessment for a personalized score and your clearest next step: 12fundamentals.comGood leaders respond to a crisis, but great leaders prepare for it. In this episode, we continue our conversation about preparing for a recession by talking through 5 more actions you can take to prepare yourself and your business for periods of recession. We also discuss three things to avoid in order to stay agile, and then close out the conversation with a reminder of what it means to renew your mind and fill yourself up with truth. In today’s episode we’ll discuss the final five actions leaders can take to prepare for recession (0:51) 6. Position yourself and your business to be agile (3:22) Bureaucracy is an enemy of agility (4:32) Improper expectations within your team will slow you down in times of turbulence (6:54) Fear is not inherently bad, as long as it doesn’t lead to paranoia or rage (12:30) 7. Test assumptions quickly, aggressively, and often (19:05) 8. Remember what matters and double down on that (26:37) 9. Prepare to get on offense (32:08) 10. Renew your mind daily (35:16) Path for Growth MembershipPath for Growth One-on-One CoachingSign up for the Worth it Wednesday EmailListen to “Preparing for a Recession Part 1”Join Path for Growth on Instagram and Facebook Not sure where to start? Describe what’s happening in your business or team, then explore 400+ practical resources to help you take the next right step: resources.pathforgrowth.com
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Preparing for Recession Part 2
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