Episode 4 of the Basic Business Thinking Podcast, Success in Strong & Weak Markets
In this episode we talk about:
(01:40) Historical economic swings of the past decade
(02:10) 1987 - Black Monday
(04:08) What Pasquale did to assure his clients through an economic crisis
(05:24) What happened after the crisis happened to rebound quickly
(08:30) Early 90's - Roaring 90's
(11:04) 1994 a balanced budget that changes the economic dynamic
(12:14) 2000's - Y2K - 9/11 - Housing Boom
(13:48) How Y2K effected a collapse
(16:05) How we grew and fell throughout 2004 - 2009
(22:06) The single most significant factor that leads our growing bull market
(29:32) Strategic fundamentals, what we know about business strategy as a result of the cycle analysis
(31:34) How you can actually increase quality as you cut unnecessary costs in your business.
(34:42) How to grow your client database with trustworthy clients
(36:58 ) The goal of a sales pitch during a bull market or bear market
(39:07) Basic Business Tactics during a Bear Market
(39:36) Executive recruiting tactics
(40:35) Bull Market vs Bear Market tactics
(43:41) What the best recruiters know how to do
(46:11) How to speak to your audience
(48:28) How the connection with the recruiter/recruitee will affect the deal
(51:48) General Business conversation
(52:10) Establishing a value
(54:31) Know, Like, Trust
(55:51) Daily rhythm during a bear market
Read the entire transcript here: https://docs.google.com/document/d/1mBf9pg2l-8oC-9DADCGj-XdxkbSkJlVPFsj77yYoLqo/edit?usp=sharing
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