Creating Wealth Real Estate Investing with Jason Hartman 1379: Rock the Recession with Jonathan Slain
Every deal seems too expensive at the outset. Jason Hartman speaks on the Cap rate or less affectionately called, "The Crap Rate" as a faulty metric. And another proof of commandment number 3 of 21 Commandments of Successful Investing, what did Robert Morgan do?
Jason Hartman talks with Jonathan Slain, a high growth leadership coach, founder of www.Recession.com, and author of Rock the Recession, about how to prepare your business to ensure that you not only survive, but thrive through recessions. Having a war chest BEFORE it starts is absolutely crucial to your continued success, so make sure you have a plan and rock your way through any recession.
Key Takeaways:
[5:37] Every deal becomes a good deal looking in the rear view mirror
[11:35] How do you grow during a recession?
[15:20] You can increase your business significantly by spending into a recession
[21:00] Make sure you have a recession plan BEFORE the next recession
[23:20] Why Jonathan thinks a pullback will happen in 2020
[27:27] Examine your business to find what you can do that will make your competition irrelevant
[31:00] The big opportunities lie on the fringes of creativity
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