|Inevitably, a downturn will hit our economy, the normal business cycle likely to be abnormally exacerbated by the Fed’s aggressive monetary policies.
Whatever. Just be prepared. I’ve had some of my most extraordinary successes while there were big economic downturns.
How will you be prepared to weather the storm? Great companies survive (and often prosper). Mediocre companies succumb. Stay as debt free as possible, keep cash on hand, and continue to grow your topline. Growth is key, as my colleague Mike Rogers outlines in growing fast or dying slow.