We are in a pandemic right now, and everyone is under pressure. Businesses are struggling as the world economy grinds to a halt. This period makes it even more important to learn how to navigate during a crisis scenario and turn around struggling companies to ensure they weather out the storm.

In this episode, business turnaround expert Marco Robert talks about his insights on the present crisis and how we can survive the disaster and find opportunities along the way. He also discusses with us his secret steps in assessing a failing business and turning it around. This episode is perfect not only for business owners but also for everyone affected by the present crisis.

Tune in to this episode to discover how to handle crises in business and life!

3 Reasons to Listen

1. Learn about the effective ways to navigate and lead a business during a crisis.
2. Discover the seven gradients of assessing a business’s core problem and developing a turnaround strategy.
3. Find out how to not only survive but also thrive in this pandemic.

Resources

• Marco's website
• WildFit 90 Diet
• The COVID Recovery
• Episode Details

About Marco

Marco Robert is an international speaker, influencer, and Silicon Valley venture capitalist. As a rapid turnaround and M&A expert, he has successfully saved numerous companies that were expected to fail within weeks or months. Marco is adept at remaining calm under extreme pressure and turning around crisis situations.

To know more about Marco and his work, you can visit his website. You may also reach him through LinkedIn.

Episode Highlights

[02:36] Getting to Know Marco

• Marco realized every business has one core problem.
• He developed a decision matrix to hone in the core issue, earning him the reputation as the world’s fastest business turnaround expert.
• He understands the importance of psychology in solving problems.

[05:51] Marco’s Pulse on the Pandemic

• Nobody really knows what is going on.
• The media should set aside politics; instead, it should focus on sustaining the world.
• Leaders and influencers should hold the flag right now and use their power for good.

[10:14] How Companies Can Recover

• Communication is incredibly important to sustain your bond with the client.
• Companies should be as transparent as possible to co-workers, employees, vendors, and customers.
• Cut your expenses and go bare-bones. You can remove 30% of your expenses overnight.
• You have to be in a foundation of cash right now.
• Discern who is merely trying to get your cash and who has a proven record that will benefit you.

“Most business experts out there actually have a very tunneled vision when it comes to business.” - Click Here to Tweet This

[15:50] Cash Is King

• It makes sense to buy in the stock market right now, but keep the cash if you’re not willing to lose the...