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1016 - Business Evolution: Unleashing Innovation to Overcome Declining Business Models
Episode 1016

1016 - Business Evolution: Unleashing Innovation to Overcome Declining Business Models

01:54 - Warren Buffet used to make money off the decline of businesses. Here’s how…03:36 - Complacency is dangerous. Being a little paranoid just might keep you in business.05:30 - It’s a period of struggle for many entrepreneurs, James has observed.

James Schramko Podcast

July 6, 202344m 26s

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Show Notes

01:54 - Warren Buffet used to make money off the decline of businesses. Here’s how…

03:36 - Complacency is dangerous. Being a little paranoid just might keep you in business.

05:30 - It’s a period of struggle for many entrepreneurs, James has observed.

07:10 - When you’re on the edge of serious decline, what do you do?

09:28 - Awareness is the first step to your business’s survival.

13:45 - There’s no one-size-fits all solution. Different strategies work for different people.

16:26 - Charley’s certainly had his share of change and moving on.

22:24 - Do you start something on the side, or jump directly to something else?

24:32 - Agencies are one market in which business is becoming difficult.

27:25 - Charley shares the specific moves that have worked for him…

29:49 - The hustle culture is giving way to a an anti-burnout, lifestyle trend.

32:16 - Health, aging and service are becoming areas of opportunity for business.

36:13 - AI is big, but human interaction still beats talking with a machine.

40:22 - Our guest offers a bit of parting wisdom for those needing to make a change…