Episode 48: “How to Combat a Slow Economy”
Synopsis
On average, the United States goes through some type of recession every five or six years. So stop worrying about whether we’re going to have a recession, because we will. (And so will every country in the world.)
That doesn’t have to stop you from having a great year, though. Recessions bring opportunities if you’re ready to take advantage of them by using the network you’ve established over time. BNI members have an advantage in a recession because they have a network in place.
You can’t control the economy, but you can control your response to the economy. Here are some tips to help you.
- Diversify your networks. Participate in your local Chamber of Commerce and other business networks.
- Be visible. Get out and meet people—and don’t let them bring you down.
- Learn how to work the meetings you attend.
- Be prepared with effective introductions and presentations.
- Develop your contact spheres.
- Establish a goal and reverse-engineer it.
- Reward your top referrers.
Brought to you by Networking Now.
