All Episodes

April 29, 2025 11 mins

Is your business truly ready for an unexpected setback? In this episode, I dive deep into a topic that’s often overlooked but absolutely crucial for long-term success: contingency planning for your business finances.

Every business, no matter how successful, is bound to hit rough patches. But it’s not the setback that determines your business’s fate—it’s how you respond. Prepare to unpack practical, actionable strategies that go beyond hope and guesswork. This episode outlines why having a solid contingency plan isn’t about being paranoid; it’s about putting yourself in control, even when life throws you a financial curveball.

Here’s what you’ll get out of this episode:

  • Real talk on risk: Why it’s not a question of “if” something will go wrong, but “when”—and how to stop pushing this uncomfortable truth to the back of your mind.

  • Step-by-step planning: A breakdown of the essentials of building a contingency plan tailored to your business, from identifying risks and setting up emergency funds, to embracing flexible operations.

  • Actionable tips: Learn how to start saving for a rainy day—even when cash flow is tight—and why regularly reviewing your financials could save your business before trouble spirals out of control.

  • Team & solo advice: Whether you're managing a team or are a solo operator, I share how communication and preparedness can keep you steady in a storm.

  • Next steps you can take today: Not sure where to begin? I encourage you to take small, manageable actions this week—like assessing your business risks and starting that emergency fund.

If you want clarity, confidence, and peace of mind about your business’s future, this episode is for you.

Ready to take charge and future-proof your business? Hit play and learn how to transform setbacks into comebacks with a strong financial safety net!

👉 Love what you hear? Share this episode with another business owner who needs it, and make sure to subscribe so you never miss the important (and sometimes boring!) stuff that makes business great.

Mark as Played

Advertise With Us

Popular Podcasts

Bookmarked by Reese's Book Club

Bookmarked by Reese's Book Club

Welcome to Bookmarked by Reese’s Book Club — the podcast where great stories, bold women, and irresistible conversations collide! Hosted by award-winning journalist Danielle Robay, each week new episodes balance thoughtful literary insight with the fervor of buzzy book trends, pop culture and more. Bookmarked brings together celebrities, tastemakers, influencers and authors from Reese's Book Club and beyond to share stories that transcend the page. Pull up a chair. You’re not just listening — you’re part of the conversation.

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.