Leading in a Revenue Crisis - Video
Leading in a Revenue Crisis - Video
Here is a recap of the Paparelli Zoom Chat for Entrepreneurs #25.
The theme was “Leading in a Revenue Crisis”
Special thanks to my guest Chris Carneal, founder and CEO of Booster Enterprises.
Quote of the call: “Five times in a row, my worst-case scenario became my best-case scenario.” Chris Carneal.
7 key takeaways from this call:
A crisis develops quickly and recovers slowly. Plan for this cycle.
Know how many days of cash you have left.
Resize your business to match the resized market.
Optimism keeps a team together but, in a crisis, will cost you your business.
In a crisis, dissect your market. Every segment buys differently.
Identify your critical measurements. Chris’s were cash, clients, and culture.
After the big layoff, you need an entrepreneurial team not a corporate team.
The resources Chris referenced:
Watch this Zoom Chat for Entrepreneurs and learn how to lead through a revenue crisis.
Every Paparelli Zoom Chat for Entrepreneurs will help you be a better entrepreneur. We are all about entrepreneurs helping other entrepreneurs.
I look forward to seeing you next Wednesday, October 14th, at 9 am (zoom.paparelli.com).
Come a little early and catch up with friends. I'll be on at 8:45. Stay past 9:45 am to talk to our special guest.
You can find resources suggested by your fellow entrepreneurs at https://www.paparelli.com/resources.