Expert Network Team

Episode 67: Reasons for Optimism in a Recession

Episode Summary

Karl Frank, CFP, and Nathan Merrill discuss the recession. It is important for business owners, executives and managers to remain positive. Here are some reasons why and how!

Episode Notes

Karl Frank, CFP, and Nathan Merrill discuss the recession. It is important for business owners, executives and managers to remain positive. Here are some reasons why and how!

• What makes the news is not what matters
• Recessions are usually mild
• Business owners have more choice and control than many people about how the recession affects them, their business and their stakeholders
• Often, these are times when employees become more loyal and hiring becomes easier
• A healthy company may be able to gain market share during a recession

Here are some risks that good managers, executives and other employers can turn into opportunities!