LearnBiz discusses the most primary issues to run and grow a small business. This isn’t your typical fake realty show or chat group for glamorous high investment startups. This is real, down in the trenches, authentic insight into what most small businesses deal with on a day-to-day basis. It’s not always dazzling or sensational, but it’s honest real-life experience from over a decade worth of working directly with hundreds of small business owners. Your hosts Ryan Murray and Ethan Migliori will take you down the path to successful entrepreneurship, from learning financial statements and how to use them to understanding what really works for a marketing strategy. Join us each week for insights, anecdotes, and key information to keep your competitive edge sharp and your business on point.
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LearnBiz discusses the most primary issues to run and grow a small business. This isn’t your typical fake realty show or chat group for glamorous high investment startups. This is real, down in the trenches, authentic insight into what most small businesses deal with on a day-to-day basis. It’s not always dazzling or sensational, but it’s honest real-life experience from over a decade worth of working directly with hundreds of small business owners. Your hosts Ryan Murray and Ethan Migliori will take you down the path to successful entrepreneurship, from learning financial statements and how to use them to understanding what really works for a marketing strategy. Join us each week for insights, anecdotes, and key information to keep your competitive edge sharp and your business on point.
Embracing Volatility as Part of Contingency Planning
LearnBiz
24 minutes 30 seconds
1 year ago
Embracing Volatility as Part of Contingency Planning
Last week, we delved into the critical topic of contingency planning, exploring its fundamental principles and applications. This week, we continue our exploration by connecting theory to practice, using recent events in the news as case studies to illustrate the immense value of contingency planning. We discuss how volatility, an often unpredictable and challenging factor, plays a crucial role in shaping effective contingency plans.
In this episode, we dissect several current news stories, highlighting how businesses and organizations responded to unexpected changes and crises. We examine what strategies worked, what didn’t, and why flexibility and foresight are essential in navigating turbulent times. Our discussion emphasizes the importance of not just preparing for worst-case scenarios but also recognizing and seizing opportunities that arise from volatility.
One of the key takeaways from this episode is the concept of finding opportunities within chaos. Rather than retreating and playing it safe like a turtle hiding in its shell, we advocate for a proactive approach. Embracing volatility can lead to innovation, growth, and resilience. We provide practical tips and insights on how to shift your mindset and develop a contingency plan that not only mitigates risks but also capitalizes on new possibilities.
Whether you’re a business leader, entrepreneur, or someone interested in strategic planning, this episode offers valuable lessons on turning uncertainty into a strategic advantage. Tune in to gain a deeper understanding of how to navigate the unpredictable landscape and emerge stronger and more adaptable.
We hope you enjoy this insightful and thought-provoking episode. Don’t forget to like, comment, and subscribe for more content on effective planning and strategy.
LearnBiz
LearnBiz discusses the most primary issues to run and grow a small business. This isn’t your typical fake realty show or chat group for glamorous high investment startups. This is real, down in the trenches, authentic insight into what most small businesses deal with on a day-to-day basis. It’s not always dazzling or sensational, but it’s honest real-life experience from over a decade worth of working directly with hundreds of small business owners. Your hosts Ryan Murray and Ethan Migliori will take you down the path to successful entrepreneurship, from learning financial statements and how to use them to understanding what really works for a marketing strategy. Join us each week for insights, anecdotes, and key information to keep your competitive edge sharp and your business on point.
