Times have been good in recent years, but will they continue? Hopefully. But if they dont, and the economic weather gets stormy, the companies that have prepared will be fine.
Those that aren't prepared will make many mistakes like I did in the Great Recession, and some wont survive.
In this episode, I share the 3 biggest mistakes I made so you can avoid them:
1. Not knowing the #'s
2. Hoping instead of cost cutting
3. Too much debt
I've never been shy about my many mistakes in running a stone shop, you wont be disappointed in this episode.
Happy Fabricating!
A Bit More History
Banking Crisis Protection - Stone Shop Owner Edition
The Best Business Model in the World!
5 Reasons a Side-Hustle Makes Sense
A Bit of History
A Riff on an IDEA That Would Make the Stone Business Less Hard!
The Stone Business is HARD, Here’s What to Do About It
Why Is This Business So $#@! HARD?!?!?!?!?!?!
5 Best Gifts For Stonecutters (AKA Your Employees)
3 Tips to Getting Paid - Economic Storm Series - Collections and Receivables Strategy
Storm Tactics - 3 Part Plan for Preparing for an Economic Storm
The Neuroscience of Gratitude (Happy Thanksgiving 2022!)
The 1000 Pound Problem – The Risk and Reality of Full Slab Islands
The MILLION Pound Problem & The Effects
Interview – NSI’s Mark Meriaux on OSHA and Silicosis
Near Misses and Close Calls – It’s a Dangerous Business
Friends in low places
Dream Small
The 6 Stages (AKA the 6 D’s)
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The emPOWERed Half Hour
HCI Leadership Revolution
Human Capital Leadership
The Power of Music Thinking
BusinessWISE
Business Wars