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5 Things You Could Do Right Now and Why

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Manage episode 479884885 series 3601368
Content provided by Tom Stimson and The Stimson Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Stimson and The Stimson Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this no-nonsense episode, I tackle the economic headwinds we’re facing.

Unlike the pandemic, this downturn won’t eliminate work, but it will shift power back to buyers. I share practical strategies to weather the storm: revisiting cash flow projections, calculating realistic break-even revenue, making tough staffing decisions, and having crucial customer conversations.

Remember that high-margin virtual solutions may become your lifeline when travel budgets get slashed. The businesses built on balance and scalability will survive this challenge. Listen now for tactical advice to position your company for whatever comes next.

Visit trstimson.com for more resources.

Follow Tom on LinkedIn

  continue reading

163 episodes

Artwork
iconShare
 
Manage episode 479884885 series 3601368
Content provided by Tom Stimson and The Stimson Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Stimson and The Stimson Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this no-nonsense episode, I tackle the economic headwinds we’re facing.

Unlike the pandemic, this downturn won’t eliminate work, but it will shift power back to buyers. I share practical strategies to weather the storm: revisiting cash flow projections, calculating realistic break-even revenue, making tough staffing decisions, and having crucial customer conversations.

Remember that high-margin virtual solutions may become your lifeline when travel budgets get slashed. The businesses built on balance and scalability will survive this challenge. Listen now for tactical advice to position your company for whatever comes next.

Visit trstimson.com for more resources.

Follow Tom on LinkedIn

  continue reading

163 episodes

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