Financial Crisis Management for Small Businesses

Did you know that some of the world’s most successful businesses gained the edge over their competition in recessions? In times of crisis, how can you not only survive but thrive?

In this workshop for Cal Poly Pomona, I reveal the best practices to manage your liquidity, negotiate your commitments, and seize opportunities that only come when the market is weak.

You can watch the video by clicking here.

Quote of the Day: Felix Salmon

Liquidity is like a safety net: it allows people to feel free to make potentially stupid decisions, because they know they can always change their mind and reverse those decisions at any point. Until, of course, there’s a crisis, and correlations spike, and the safety net, just when you need it, isn’t there.

— Felix Salmon (Reuters)