3. Buy Real Estate. During recessions, home values drop, so you’re able to buy at a lower rate, rent it out and ride out the recession.
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2. Learn about index funds and make compounding interest your best friend. Some of my favourites for Canadians are VFV and VUN and US ones are: VTI, VUG and VOO
1. Learn a skill and start a business. There are a ton of free resources online where you can learn various different skills. Some include: Hootsuite Academy, Hubspot Academy, Google, and LinkedIn.
15. Didn't know when to niche down?
Always try to niche down when selling a high-ticket product. Always try to go as broad as possible when selling a low-ticket product.
Unless the goal of the low-ticket is to get people in the door for the high-ticket.
Conversely, this Gartner study debunks how some leading businesses accelerated during the recession.
The most "Efficient Growth" companies maintained or increased their marketing spending during the recession. And broke away as winners.
When finance people smell a recession, the first thing they cut is marketing.
Why? Marketing is generally the easiest thing to cut. It makes CFOs feel like they're making instant impact on profitability.
When someone doesn’t want to buy because of price, here’s how you can still win that business:
Talk about the ROI from this investment: How much time will they get back? How much costs will they save? Etc. #salestips#marketingtips#socialmediamanager#marketingagency
Don’t exhaust the prospect in a discovery call by asking the same questions differently.
Listen instead of waiting to answer, so you hear what they’re saying.
#marketingtips#salestips#marketingagency
Manifestation doesn’t work unless you work.
So many create vision boards and sit on their couches all day hoping that the goals will accomplish themselves. #growthmindset#growthmindset#marketing
7 main reasons people buy:
1. To eliminate pain.
2. To make things more fun.
3. To get healthier.
4. To save time.
5. To make money.
6. To spend less.
7. To Save effort.
Use it in sales & marketing
Everyone should take an ancestry test. I think that might just be the solution to abolishing racism. We’re all from everywhere. #ancestrydna#StopRacism