I'm an entrepreneur who made it through the Great Recession with revenues up to $23 million. Here are my 5 tips for recession-proofing your business.

David Royce is the founder and chairman of Aptive Environmental, and was an entrepreneur during the Great Recession. His company saw revenues up to $23 million during that time, and based on his experience suggests doing five important things to recession-proof your business. With another recession possibly on the horizon, he argues that spending on marketing, training, and recruiting great talent is actually the right move, even when you have the urge to save.

David Royce is the founder and chairman of Aptive Environmental, and was an entrepreneur during the Great Recession. His company saw revenues up to $23 million during that time, and based on his experience suggests doing five important things to recession-proof your business. With another recession possibly on the horizon, he argues that spending on marketing, training, and recruiting great talent is actually the right move, even when you have the urge to save.

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The wealth gap between generations in the US has nearly doubled in the past 20 years — and the Great Recession, an unaffordable housing market, and astronomic student-loan debt are to blameMillennials have seen a decrease in net worth compared to the same-aged cohort 20 years ago, while baby boomers have seen an increase, says a study. Twenty years ago the purchasing power of “ A DOLLAR “ was $1.00 today it will buy $0.50 Is this a wealth gap or poor monetary management called INFLATION?
Source: BusinessInsider - 🏆 729. / 51 Read more »