Elon Musk has openly admitted that a recession is on its way and simply inevitable.

Bill Gates and Jamie Dimon agree.

Tesla CEO Elon Musk speaks before unveiling the Model Y at the company’s design studio in Hawthorne, Calif.  (AP Photo/Jae C. Hong)

Musk is doing everything he can to prepare for the approaching recession.

The brilliance of Musk’s recession-proofing plan is a simple strategy that you can (and should) apply to all aspects of your business.

It upholds the core of Warren Buffett’s genius five-word success strategy, and there are no million-dollar investments required to benefit from it.

It’s called the PPP Strategy. 

PPP Strategy: Predict, prepare, and persevere.

Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. (AP Photo/Nati Harnik, File)

Stay Ahead of The Game

Recessions are a part of market cycles, and natural, according to some experts.

It’s only a matter of time before when the next one will hit.

At this point in our nation’s history, it’s become difficult to ignore the obvious reality of our dire economic circumstances.

Between a plummeting market, record-high inflation, and a labor shortage, all the signs are pointing to a recession.

Economists compare recessions to volcanoes, saying that trouble tends to brew beneath the surface long before it erupts.

There are 6 key indicators that reveal a recession is coming.

Those who predicted what was to come, are those who are able to properly prepare for it and live as if it’s already here long before it arrives.  This is true for an economic crash or even the successful pursuit of a new venture.

The Crypto-Market has crashed and now many are wondering if this is the end or just a bump in the road for digital investments…

Is this the end of an era for Crypto?

Patrick Bet-David gave his thoughts on the future of Crypto in a recent interview with Fox News on the Dan Bongino show.

 

Elon Musk has said a recession appears to be more likely than not.

The New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way as well. (AP Photo/Julia Nikhinson)

The ability to forsee challenges in a market is how Uber built an $11 million business with a $0 marketing strategy or how Netflix killed Blockbuster.

Those who think in terms of what will be rather than what is are those who become and remain successful.

 

Read More: COUP D’ETAT? 28% of Americans Willing to Take Arms Against Government

 

2 comments

    • In my industry I’m taking this strategy to heart. I’m predicting that small and medium business companies will be looking for data insights for marketing in their business and cutting agency bloat. Nimbleness is another thing that has become lost over the past 3 years and service providers will need to be able to implement strategies much more quickly. All while being affordable.