Ep. 14: Be the Igniter to fire up the Local Economy

Trailblazer - Igniting Business & Community

Topic/Pt 1: Igniting your personal economy

• Cash flow- Create and live by a budget - especially since you might have had major changes in your income. Break down your expenses into categories, the basics or Core (nitty-gritty) then discretionary.
  
• Emergency, did you have it, did you use it? Rebuild it
  
• Analyze current investments, including business
  
• Core savings, efficiency as your guide...match? Roth?
  
• Once you fill all the systematic boring stuff now what? How aggressive should I be, trading, RE, personal biz?
  

Topic/Pt 2: Igniting your business economy

• Get your personal house in order first. This doesn't mean do you have a large balance of money sitting to live off. This creates less stress for your business.
  
• Structure your financial plan for business growth over 3, 6, and the next 2 years and 5 years as we ride this economic rollercoaster. Build goals with short term actions long term vision.
  
• Take advantage of space/property that might be available in your community to expand
  
• Help out your staff - promote where possible
  

Topic/Pt 3: Igniting your community economy

• Volunteer - find committees through Chambers, Downtown Development or Main Street Associations
  
• Sponsorship of events, organizations
  
• Partner with other like-minded business owners, Mastermind groups
  
• Make sure you include your community in some of your marketing - you picked that city or town to open a business - might as well show your community pride

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