In this episode of the Social Circus, Sarah Thomson talks about the tough times businesses go through when things slow down. She starts by chatting about how comparing yourself to others on social media can mess with your head, and she’s all about staying grounded during both personal and business growth. Sarah’s got a reassuring and practical tone, offering up a mix of encouragement and advice for entrepreneurs in a slow phase.
She dives into how economic and global events can affect consumer spending and business, leading to big decisions for business owners. Drawing from her own experience, Sarah shares loads of strategies to make the most of quiet times. She highlights the importance of keeping clients happy, organizing your business stuff, and setting up efficient systems. Plus, she sprinkles in real-life examples to make her advice relatable.
Key Takeaways:
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The perception of success on social media is not always indicative of reality, and comparing one’s journey to others can be detrimental.
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Quiet periods in business can be utilized for productive tasks such as nurturing client relationships, organizing files, and systematizing operations.
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Implementing systematic approaches to email management, lead tracking, and financial audits can improve business efficiency and prepare one for future growth.
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Upskilling through reading, podcasts, online courses, and even revisiting past educational materials can be a valuable use of downtime.
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Taking supplementary jobs or alternate income sources during tough times is a pragmatic and jud