Welcome to a new episode of Business Lunch. Today, we discuss practical strategies to navigate economic slowdowns, particularly during summer. They share insights on creative marketing, leveraging internal resources, and maximizing downtime. Whether you’re experiencing a seasonal dip or a broader economic challenge, this episode is packed with actionable advice to keep your business thriving.
Highlights:
“The quickest way to drown out negativity is with an abundance of positivity.”
“The Lord puts you into these situations knowing you can handle them. It’s a test.”
“Hard makes you resilient. Soft and easy doesn’t make you resilient.”
TIMESTAMPS
- 00:00 – Introduction
- 02:30 – Current Economic Trends
- 05:00 – Seasonal Slowdowns
- 10:00 – Strategies to Combat Slowdowns
- 15:00 – Leveraging Internal Resources
- 20:00 – Creative Marketing Ideas
- 25:00 – The Importance of Not Panicking
- 30:00 – Enhancing Offers and Bundles
- 35:00 – Acquisition Opportunities
- 40:00 – Long-Term Planning and Testing