In episode #2449, Neil and Eric talk about The Great Reset and how it applies to businesses. Many companies expanded faster than expected during the pandemic and did a lot of hiring. Now, regardless of whether we are doing well or poorly, we have to adjust our sizes to fit the market. Tuning in, you’ll hear about why we all have to be more scrappy and smart with our money, why we should adopt an immigrant mentality, and tips on how to thrive in these turbulent times.
TIME-STAMPED SHOW NOTES:
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[00:00] Today’s topic: What the Great Reset is and how you can apply this to your business.
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[00:34] How companies expanded faster than expected in the pandemic and did a lot of hiring.
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[00:50] What expanding companies didn’t foresee and the impact of rising interest rates.
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[01:40] How companies are now adjusting their sizes to fit the market.
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[02:45] Why we’re all resetting regardless of whether we’re doing well or poorly?
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[03:45] Reseting discipline instead of catering to the masses.
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[04:56] Why do we all have to be more scrappy and smart with our money?
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[06:07] The need to adopt an immigrant mentality.
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[06:45] That’s it for today! Don’t forget to rate, review, and subscribe!
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