Breaking News as UK Heads into Recession - Here's What to Do!!!
In this episode, Jeannette talks about how to successfully navigate these difficult financial times. She shares strategies that anyone can use to get through the upcoming recession and emerge stronger than you were before. Jeannette covers how to protect yourself from rising interest rates and identify ways to reduce your costs and improve cash flow. She also explains how to recognise and take advantage of the opportunities that always emerge at times like these.
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Show Notes
In this episode, Jeannette talks about how to successfully navigate these difficult financial times. She shares strategies that anyone can use to get through the upcoming recession and emerge stronger than you were before.
Jeannette covers how to protect yourself from rising interest rates and identify ways to reduce your costs and improve cash flow. She also explains how to recognise and take advantage of the opportunities that always emerge at times like these.
KEY TAKEAWAYS
- Don’t shy away from bad news about the economy. You need to know what is going on to be in a position to make the right decisions.
- The double digit inflation we are facing will impact people fast. Now is the time to prepare.
- The Bank of England’s 2% inflation target means that interest rates are likely to increase further.
- Adversity always brings opportunities, take advantage of them. Could you start a side hustle or offer new services or products?
- Look at where you can cut back, so you are ready to do so fast should you need to.
- Good cash flow is a huge asset for businesses, at times like this.
- Support each other.
BEST MOMENTS
‘This is the sixth rise in interest rates. In the UK, they are now at the highest level since 2008. ´
‘If you run a business, take a really hard look at your cost base.’
‘Face it head on with courage, with calmness and don’t shy away from making those tough decisions.’
This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANCE. If you’d like to join Jeannette’s FREE Business Impact Seminar just DM Jeannette at [email protected] or sign up via Jeannette’s linktree https://linktr.ee/JLinfoot
VALUABLE RESOURCES
Brave, Bold, Brilliant podcast series -https://podcasts.apple.com/gb/podcast/brave-bold-brilliant-podcast/id1524278970
ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.
Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.
CONTACT THE HOST
Jeannette’s linktree - https://linktr.ee/JLinfoot
https://www.jeannettelinfootassociates.com/
YOUTUBE - https://www.youtube.com/channel/UCtsU57ZGoPhm55_X0qF16_Q
LinkedIn- https://uk.linkedin.com/in/jeannettelinfoot
Facebook- https://uk.linkedin.com/in/jeannettelinfoot
Instagram- https://www.instagram.com/jeannette.linfoot/
Podcast Description
Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international businesses to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.