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Navigating Uncertainty: Financial Management for Businesses
Key Takeaways:
Make a strong financial plan and budget that can handle unexpected changes in the market. This helps you stay strong even when things get unpredictable.
Use emotional intelligence, like staying mindful and calm, to make better decisions in your business and think through challenges clearly.
Spend time meeting and learning from others in your field. Networking can give you new ideas and improve your business strategies.
Plan for changes like inflation or currency value drops. This protects your business from losing money.
Encourage creative thinking and adaptability in your business to deal with changes in the economy and stay ahead.
Chapters:
Timestamp Summary
0:00 Managing Business Through Uncertainty and Thanksgiving Preparations
1:50 Preparing Your Business for Uncertainty with a Financial Plan
3:45 Emotional Filters and Rationality in Business Decision Making
5:40 Balancing Business Growth Through Networking and Customer Engagement
7:54 Mitigating Currency Risk for Small American Businesses
10:00 Thanksgiving Tips and Avoiding Sensitive Topics for a Fun Dinner
Powered by ReiffMartin CPA and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
View all episodes
By Phillip Washington Jr.
4.8
2626 ratings
Key Takeaways:
Make a strong financial plan and budget that can handle unexpected changes in the market. This helps you stay strong even when things get unpredictable.
Use emotional intelligence, like staying mindful and calm, to make better decisions in your business and think through challenges clearly.
Spend time meeting and learning from others in your field. Networking can give you new ideas and improve your business strategies.
Plan for changes like inflation or currency value drops. This protects your business from losing money.
Encourage creative thinking and adaptability in your business to deal with changes in the economy and stay ahead.
Chapters:
Timestamp Summary
0:00 Managing Business Through Uncertainty and Thanksgiving Preparations
1:50 Preparing Your Business for Uncertainty with a Financial Plan
3:45 Emotional Filters and Rationality in Business Decision Making
5:40 Balancing Business Growth Through Networking and Customer Engagement
7:54 Mitigating Currency Risk for Small American Businesses
10:00 Thanksgiving Tips and Avoiding Sensitive Topics for a Fun Dinner
Powered by ReiffMartin CPA and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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