• Fitness Business School - 586 - Growing Your Business in Turbulent Times

  • Sep 30 2024
  • Length: 16 mins
  • Podcast

Fitness Business School - 586 - Growing Your Business in Turbulent Times

  • Summary

  • In this episode, Pat addresses the current economic instability, drawing parallels to past financial crises. Drawing from personal experience in growing businesses during the 2008 recession and the COVID-19 pandemic, the speaker offers actionable strategies for businesses to not just survive but thrive in challenging times. Key concepts include prioritizing client retention, leading with consistency and positivity, treating your business with diligence, aggressive marketing, adaptability to market changes, and playing offense during economic downturns. The speaker emphasizes the importance of being proactive and strategic to maintain and grow a successful business amidst economic fluctuations.

    00:00 Introduction: Navigating Economic Uncertainty
    01:03 Lessons from Past Economic Challenges
    03:14 Prioritizing Client Retention
    04:53 Leading with Consistency and Positivity
    06:26 Operating Like a True Business Owner
    07:52 Aggressive Marketing Strategies
    09:36 Adapting to Market Changes
    11:18 Exploring Additional Profit Centers
    12:08 Playing Offense in Challenging Times
    13:21 Conclusion: Proven Strategies for Success

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