Work It Michigan Podcast

We're In A Recession | What To Do Next (Ep. 23)


Listen Later

The US economy was expected to grow by 0.4% in Q2 of 2022. The data just released showed that the US economy shrank by 0.9% (-0.9% overall growth). That is a massive miss in estimates.
Aware of the implications of a recession on midterm elections, we now have political actors on both sides of the aisle trying to play with the definition of a recession and trying to play up the implications of a recession.
I don't care about politics, I care about the small business owners and the families they help feed. In this podcast, we discuss the announcement of a recession and what steps I am taking next to shelter my business from this recession.
It is important to remember that the future is still bright, that a recession is not the end of the world - painful, yes, end of the world, no. Stay strong, persevere, plan, and be strategic with your moves.
____
The Work It Michigan Podcast is a weekly podcast celebrating entrepreneurship and business in the High-Five of the USA! Join a community of inspiring entrepreneurs, business owners, and creatives working to continuously improve our state!
Follow the Work It Michigan Podcast Online!
Social Media: https://sleek.bio/workitmichigan
Follow John Jay
Website & Blog: https://www.johnjaythomas.com/
Social Media: https://sleek.bio/johnjaythomas
Bike Channel: https://www.youtube.com/channel/UCXgH5IOEHvk5H5LLuq_NHHg
*Disclaimer: None of the content in this episode should be taken as financial, business, or wellness advice.
...more
View all episodesView all episodes
Download on the App Store

Work It Michigan PodcastBy John Jay Thomas