Dec 21, 2020
In episode 322 of Financially Simple, Justin reflects on 2020 and considers the lessons learned over the course of the year.
The past year has been one for the books, with some much happening that it has left many of us with our heads spinning - so what have we learned? In this episode, Justin goes over eleven lessons that 2020 has taught us, and how we can use these experiences to be better prepared for 2021.
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00:49 - Business Lessons from 2020: Using What We’ve Learned to Take on 2021
03:22 - People Matter
05:01 - Trust is the Cornerstone of Business
06:54 - Be Authentic
08:43 - Operate from a Position of Gratitude
10:45 - Have a Disaster Plan
11:35 - Profitability per Department
12:17 - Cash Reserves are More Important than Cashflow
14:12 - Scalability
15:45 - Embrace Technology
17:26 - Never Stop Innovating
18:48 - This Too Shall Pass
21:24 - Summary
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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.