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How To Be Recession-Oblivious

Some people say we’re heading toward a recession—and they’re right. In this episode, Dan Sullivan and Shannon Waller talk about what entrepreneurs can do so that they not only won’t suffer when the recession hits but will actually make even greater progress than before. Here's some of what you'll learn in this episode: Why another recession is inevitable. What really goes on during a recession. How a recession is a correction. Insights from Dan’s experience of past recessions. How the value of higher education has drastically changed. What will eventually end the coming recession. Why the best possible things happen during bad times. Show Notes: What the world needs is people who know how to do something that actually creates value. Recessions are a natural phase of economic, commercial, and technological growth. When you have a jump in productivity, that’s a growth market, which is the opposite of a recessionary market. A recessionary market happens when too many people are being overpaid for what's being created. Recessions immediately force the fact that some things aren’t going to make it in the future. Conditions due to COVID have permanently undermined the global supply chain networks. We're going to be in recessionary and inflationary conditions for at least a decade. Supply chains that are providing almost everything just in time on a global basis are getting strained to produce more and more results with less and less backup. The number one cause of the recession are the institutes of higher education. And this is because they're being paid to educate people in worthless skills. ► Please take a moment to comment and let us know what you thought of this video. ► For more entrepreneurial tips and wisdom from Strategic Coach®: Facebook: Facebook: LinkedIn: Podcasts: Twitter: Blog: Guides: Website: Call 1.800.387.3206 from anywhere in North America, 0800 051 6413 from the UK, or 416.531.7399 locally and outside of North America.