Show 5: When I was at sea especially south of New Zealand in the Roaring Forties the fact you are at the Crest of a 40 foot wave is obvious. However when discussing the economy this is not always the case. Only the people closely watching the market realize the party is over and the lights are about to go out. Everybody else will wonder how that happened. How do you know this party is over?

Link: http://www.ownr.life/2019/05/show-notes-65-oh-no-we-are-at-top-with.html

Show Notes 6.3 - You're in the Trough and the Wave of Expansion is Approaching

Show 3: We will start the conversation when the economy is at its worst. You have just lived through a recession that almost killed your business and it did take out a few competitors. As your boat sits in the trough you see a rather large wave coming your way - it is the upcoming expansion. Today's show is about how to steer your business half way up the face of the expansion.

Topics

Responding to the New Opportunities

Preparing for the Upcoming Credit Expansion

Show Notes: http://www.ownr.life/2019/04/show-notes-63-youre-in-trough-and-wave.html

What are the 4 elements of a wave or business cycle and the 4 major inflection points - what does it mean for your business?

Show Notes: http://www.ownr.life/2019/04/show-notes-62-elements-of-business.html

Overview of Season 6 and Business Growth Radio's "Solutions on Demand" focus on how small business owners can read and respond to the economy; how to read the tea leaves!

Last show of Season 5 - DIY Turnaround. We close with the core system - Managing By Objectives and how do you make it the skeleton of your operation.

Show 5.12 asks the question "you have achieved your growth goals - do you sell or reinvent?"

Show 5.11 changes the focus from internal the business to external. Before the business owner creates a growth plan, what does the world look like in 6 or 12 months that impact our industry and customer buying decisions?

Show 5.9 on Scalability indicated where are the holes that require major investments to grow the business. This show covers how to make the decision on what to finance and where to find the money.

Show 5.9 starts the process of building a long term future. First question is scalability - can we build on the current foundation (systems, processes, organization chart, equipment, personnel, etc.)?

Special Guest: Shawn Waxenfelter of The STW Group

Shows 5.3 through 5.7 focused on doing a triage - find out what is wrong and fix it immediately. Show 5.8 starts the process of taking the long view. You have saved the company now what?