Riding The Ups & Downs of Trade Business Successfully 🎢🛠️


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Oct 07 2024 22 mins   1

In this episode, Andy and Angela dive deep into the rollercoaster ride of running a trade business. Whether you’re facing sudden setbacks like losing a key staff member or navigating broader challenges like economic changes, this episode gives you the practical tools to stay steady and ride out the rough patches. Andy and Ange share their tried-and-tested THREE-step process that will help you handle whatever challenges come your way with clarity, focus, and confidence.

💡 Key Strategies & Insights:

  • The Business Roller Coaster: Every business faces highs and lows; it’s how you respond to the challenges that matter.
  • Emotional Management: Recognize your initial emotional reactions and use practical techniques like box breathing to calm down and stay neutral.
  • Detective Mode: Before reacting, assess the situation objectively—gather facts, ask the right questions, and understand the ripple effects of the challenge.
  • Solution Mode: Design a clear, actionable plan, considering best and worst-case scenarios. Involve your team in brainstorming solutions.
  • Action Mode: Lead by example, communicate clearly, and ensure everyone is aligned and committed to executing the plan.
  • Stay Positive: Maintain a positive mindset, celebrate small wins, and use challenges as opportunities to learn, grow, and future-proof your business.
  • Community Support: Lean on your mentors, peers, and communities like Lifestyle Tradie for advice and encouragement when times get tough.

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