Did you know that some of the world’s most successful companies were started during economic downturns?
The world is full of uncertainty, but that shouldn’t stop you from starting a business. Starting a business in uncertain times can feel risky, but here’s the truth: There’s never a perfect time.
Today we’re talking about the keys to thriving in any economy: Your mindset, your skills, and your ability to adapt, because what really makes the difference between success and failure – is you!
If you’ve been hesitating, this is your sign to focus on what you can control and move forward with confidence.
Timestamps:
00:00 Welcome to the $100 MBA podcast
00:39 Lessons from Companies Launched in Downturns
01:16 The Reality of Economic Cycles and Entrepreneurship
02:22 The Importance of a Growth Mindset in Business
06:29 How Do You Improve Your Skills?
07:59 Surround Yourself with Smarter People
13:25 How to Craft a Business Strategy Focused on Problem-Solving
15:10 Be Prepared to Pivot In Your Business
16:22 Steps to Enhance Your Mindset and Skills
16:53 How to Expand Your Network Online and Offline
17:53 Episode Wrap-up