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PROFIT RADIO..."Let's Grow Together"
One theme consistent in Season 3 is the station's becoming your CGO - Chief Growth Officer for Hire, the underlying role of the Network. All of my shows: Growth Community, Building in Front of You, Your MLM Empire, Economics for Owners, Self Managing Organization, and Creating a Consulting Business - everything centers on how to use the IBGR Network for business success.
Our relationship with the listening audience of entrepreneurs and owners:
That is what is meant by Looking at IBGR as your CGO - your virtual Chief Growth Officer.
LISTEN > ENGAGE > APPLY
Objectives - The WHY
This week we cover what happens when the market goes from a balanced situation in terms of supply, demand, and pricing to imbalance. This condition is the exact opposite of when we started the first show. Now increased demand has driven up prices and that signaled more players to join that market. Soon three things will happen: first demand will begin to slacken because it has been exhausted - there is nobody left to buy. Second is it will coincide with a spike in supply. Because of the lag time between perceived demand and the actual delivery of products and services, supply will now exceed demand and that will cause the third and final result - prices will crash.
We now find ourselves at the crest of the expansion and for those individuals and businesses paying attention, the back side of the wave - the contraction is becoming visible. Our show today will close with your smart moves.
Key Issues - Owner Perspective:
What You Need to Know - The WHAT
At The Top – True Value < Market Price - Supply Exceeds Demand with Excess Inventories and Inflated Price.
This is the opposite of absolute bottom, the economic cycle has reached its peak and now the weight of the wave exceeds its ability to maintain momentum. All the signs are there, soaring prices, inflated money, easy credit, expanding inventories, and many new competitors – the wise realize the party is about to be over – the bubble is about to burst. As a business owner it is time to leave the table, cash in your chips, and get ready for heavy seas.
Next week's show l detail how to DEAL WITH THE COMING PANIC. People never believe the downturn will be as bad as it becomes. Just when they think it is over the worst is still on the horizon.
What You Need to Do - The HOW
We are your single, one stop source for business success, period, end of story.
Make sure you leave some thoughts in the comment section below. I am interested in continuing the conversation.
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All IBGR Shows Notes are available for download