EPISODE · Apr 15, 2026 · 34 MIN
Should You Pay Attention to the News as a Business Owner? | Ep46
from Change Champions · host Riley McGhee and Pedram Parasmand
World events can absolutely affect your business.The real question is: how much should you care… and what can you actually do about it?In this behind-the-scenes conversation, Riley and Ped unpack how political events, economic uncertainty, and global conflicts can ripple into the day-to-day reality of running a coaching, consulting, or facilitation business.They share real examples from their own work including clients rescheduling calls due to geopolitical conflict, the emotional impact of following world events closely, and how global economic shifts can influence whether people invest in services like coaching or consulting.But the conversation goes deeper than headlines.Riley brings in lessons from performance psychology and stress management. Ped reflects on the tension between staying informed and protecting your mental bandwidth. Together they explore the balance between empathy for what’s happening in the world and focusing on the things you can still control in your business.If you’re a coach, consultant, or facilitator trying to build a sustainable business in uncertain times, this episode will help you think more clearly about where to place your attention, energy, and decisions.Chapters00:00 World events and your business00:50 A real example: a client evacuating their country02:40 Paying attention to the news vs tuning it out04:00 When world events affect you personally05:00 The emotional “storm” people get caught in06:30 Showing up to work when your head isn’t clear08:20 The economic knock-on effects of global events10:00 Performance psychology and the four A’s of stress management12:40 The difference between real self-care and avoidance14:00 When survival comes before business16:40 How macroeconomics affects coaching and consulting businesses19:00 Why people still buy during economic downturns21:00 COVID and adapting your business model22:00 Climate vs weather: knowing when to pivot23:30 Getting perspective outside your business bubble26:00 What you can actually control in your business28:00 Ped’s honest reflection on family in conflict zones30:00 Riley’s performance mindset for handling pressure33:00 Acting based on your values and priorities
What this episode covers
World events can absolutely affect your business.The real question is: how much should you care… and what can you actually do about it?In this behind-the-scenes conversation, Riley and Ped unpack how political events, economic uncertainty, and global conflicts can ripple into the day-to-day reality of running a coaching, consulting, or facilitation business.They share real examples from their own work including clients rescheduling calls due to geopolitical conflict, the emotional impact of following world events closely, and how global economic shifts can influence whether people invest in services like coaching or consulting.But the conversation goes deeper than headlines.Riley brings in lessons from performance psychology and stress management. Ped reflects on the tension between staying informed and protecting your mental bandwidth. Together they explore the balance between empathy for what’s happening in the world and focusing on the things you can still control in your business.If you’re a coach, consultant, or facilitator trying to build a sustainable business in uncertain times, this episode will help you think more clearly about where to place your attention, energy, and decisions.Chapters00:00 World events and your business00:50 A real example: a client evacuating their country02:40 Paying attention to the news vs tuning it out04:00 When world events affect you personally05:00 The emotional “storm” people get caught in06:30 Showing up to work when your head isn’t clear08:20 The economic knock-on effects of global events10:00 Performance psychology and the four A’s of stress management12:40 The difference between real self-care and avoidance14:00 When survival comes before business16:40 How macroeconomics affects coaching and consulting businesses19:00 Why people still buy during economic downturns21:00 COVID and adapting your business model22:00 Climate vs weather: knowing when to pivot23:30 Getting perspective outside your business bubble26:00 What you can actually control in your business28:00 Ped’s honest reflection on family in conflict zones30:00 Riley’s performance mindset for handling pressure33:00 Acting based on your values and priorities
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Should You Pay Attention to the News as a Business Owner? | Ep46
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