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It appears Gooses's views and opinions on the last podcast ruffled some feathers. I actually can’t remember the last time I had so many people reach out to disagree or tell me why we are wrong. 😕 I did find this interesting though… When I asked someone who disagreed with us: “How did they form their views?” And, “What evidence do they have?” They either didn’t reply or pointed to some article on some news site. They didn’t really have their own opinions. They were just repeating things they had heard elsewhere. What is more surprising… I actually doubt they looked any deeper than reading the article's headline and maybe the first paragraph… Anyhow, here is my recommendation: If you want to be successful in business or wealth building, it’s critical to form your own opinions. There will always be someone who disagrees with you and someone who agrees with you. Take the time to do the research and make informed decisions for yourself. In this week’s episode: ○ Are we headed for a recession? ○ Where are the opportunities? Prefer to listen or watch? Click here to tune in: https://linktr.ee/businessandinvestingcom ——— WHAT HAPPENED Are we headed for a recession? As it stands today there is a large amount of economic uncertainty. Wars, inflation, interest rates, energy costs, supply chain lines… (the list goes on) While no one has a crystal ball and I can’t give you a guarantee. I will share my opinion and how I'm playing the uncertainty. My opinion. Yes, It’s likely we are going to have a recession. All the signals I'm looking at say the economy is slowing down. However, I believe that we will get through it. And, good times exist on the other side of it. The issues we face today will be solved. What am I doing / What have I done to prepare for a recession? (If and when it comes) 1 - Strong cash buffers in my business, personal life and investments. 2 - Keeping my books up to date 3 - Staying on top of bad debtors 4 - Prepare to seize opportunities if they come. ***Please note this is on top of my buffers. Side note… If a recession does not come, is the above list really a bad thing to do anyhow? How you run your business in the good times will be a sign of how it runs in the more challenging times. Episode Highlights: 00:00 Welcome to Business and Investing! 02:25 Is Australia going into a recession? 04:33 Proper mindset when facing the looming recession 09:05 Best investment option during an economic uncertainty 16:05 Business and investment risks to look out for 19:08 Finding opportunities during an economic downturn 27:20 How to build wealth and grow your business in a bad economy If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! Resources: ○ Business & Investing website: https://businessandinvesting.com/ ○ Business & Investing partners: https://businessandinvesting.com/partners ○ The Investor Lab: https://theinvestorlab.com.au/ About the Guest: Goose McGrath is the CEO of Dashdot, a property investment firm helping business owners build prolific, profitable property portfolios. They specialise in sourcing properties that are under market value, cashflow positive and have strong growth and value add potential.  Get a special discount from Dashdot when you get in touch with them through https://businessandinvesting.com/partners Subscribe: ○ Subscribe on Youtube: https://www.youtube.com/@businessandinvesting ○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342 Connect with Business and Investing: ○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480 ○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom ○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom ○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom ○ Send your enquiries or drop by to say hello: [email protected] DISCLAIMER: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision. #FullStackBusinessOwner #Australia #PropertyMarket #Crash #Recession #CharleyValher #GrantMerriel #GooseMcGrath #businessandinvesting

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