Economic Survival Strategies with Jay Owen, Tyler Pigott, Curt Stockwell, Wes Gay, and Clay Vaughan
Jay Owen, Tyler Pigott, Curt Stockwell, and Wes Gay
In this episode of the Good Business podcast, host Clay Vaughan discusses economic survival strategies during uncertain times with industry experts Jay Owen (Owner of Business Builders), Tyler Pigott (Founder of Lone Fir Creative), Curt Stockwell (Co-owner of Well Dressed Walrus), and Wes Gay (CEO of Wayfinder).
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“You have to have the right people around you. You’ve got to have somebody to look up to, somebody to stand beside you, somebody who looks up to you, and somebody who believes in you when you don’t believe in yourself. You’ve got to get in community. We’re not meant to do this thing alone. If you do it alone, you’re going to get in trouble.”
JAY OWEN
Show Notes
What We Talked About
In this episode of the Good Business podcast, our panel of business leaders dives deep into the current economic climate, revealing survival strategies that not only help businesses endure but also thrive. They discuss how to stay lean, leverage technology like AI, prioritize investments, build resilience in business operations, and remain agile. Each expert shares their insights on navigating economic uncertainty, focusing on diversification, building solid business structures, and engaging team members effectively.
Key Moments
[00:00] Introduction to the panel of experts discussing economic survival strategies
[07:20] Wes Gay on adapting business focus during uncertain economic times
[11:45] Jay Owen explains the importance of diversifying products, services, and clientele
[15:22] The panel discusses leveraging technology and AI to enhance efficiency
[22:35] Curt Stockwell on restructuring operations for agility and resilience
[28:40] Insights into making strategic hires and investing in your team’s development
[35:10] Tyler Pigott emphasizes the value of being lean and strategically taking risks
[42:55] How building a strong network and community can help businesses survive uncertainties
[50:33] Final thoughts on practical next steps for businesses to prepare for economic challenges
Want More?
For those interested in learning more about how to strategically grow and adapt your business in uncertain economic times, you can explore resources shared by each of our expert guests:
- Jay Owen: Business Builders
- Tyler Pigott: Lone Fir Creative
- Curt Stockwell: Well Dressed Walrus
- Wes Gay: Wayfinder
Check out their websites for more insights, tools, and advice on building a business prepared to weather any economic storm.
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About
Good Business | Clay Vaughan
This episode is a must-listen for any business leader striving to strengthen their company’s resilience in the face of economic uncertainties. Whether you’re managing a small business or leading a large corporation, the Good Business Podcast offers valuable insights into navigating financial challenges and thriving despite tough times. Tune in to learn from industry experts about cultivating resilience, embracing innovation like AI, and staying true to your company’s strengths in an ever-changing market landscape.
