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CarlGould-#70secondCEO-A Sideways Economy-How to Navigate -Part 1

Carl Gould #70secondCEO

Release Date: 07/13/2020

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Growth-minded but unsure how to grow? Check out this episode of #70secondCEO with your host Carl Gould.

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We're going sideways! Do you know how to hang on? Carl has some tips. Every week day at 7am #70secondCEO.

Read full transcript:

Hi Everyone, Carl Gould here your #70secondCEO, just over a minute of  investment per day for a lifetime of results.

Yeah, so a market can go in three directions, right? They can go  up and they can go down. It can go sideways. We're actually in a sideways stock market right now. It's up 305 down five up six down two, and because the news changes so much but we are generally speaking in a recession. Okay, we were at the all the are one. Right, so weird out where we are down when I say down economy right now. We're in a recession. So when you're in a recession, how do you try to grow when the stock market had was at 30,000 now? It's at 24. It's a 20% contraction. How do we still grow during this time? Well, if you think about it, what most companies do and it's against our advice Gibbons, we would never suggest this but what most people do is they start to pull back they pull back on their market and then pull back on their sales and they and they try to rally the troops. To save money it's never a good idea, but they're still out there doing it. We wouldn't recommend it, but they're doing it. So if you're listening to this, this is your opportunity to take advantage. You've the availability and the access of the people you need to sell to, is just going to be a little bit hard.

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.