In challenging times, entrepreneurs can still win if they study the patterns of the past. In this episode, Brian reflects on what he learned from his interview with Dr. Arthur B. Laffer and shares how entrepreneurs can succeed and grow, even in a tough economic environment.
YOU WILL LEARN:
\xb7 The importance of an incentive-based market.
\xb7 The economic indicators entrepreneurs must watch for.
\xb7 The factors entrepreneurs can control.
MENTIONED IN THIS EPISODE:
\u201cTaxes Have Consequences,\u201d by Dr. Arthur B. Laffer
S2E95, Taxes Have Consequences with Dr. Arthur B. Laffer
The Richest Man in Babylon, by George S. Clason
NOTEWORTHY QUOTES FROM THIS EPISODE:
\u201cIf you create incentives for entrepreneurs, they will do what entrepreneurs do.\u201d \u2013 Brian Buffini
\u201cWhen you disincentivize entrepreneurs, they take their ball and go elsewhere.\u201d \u2013 Brian Buffini
\u201cIf you want to stay where you are, you need to maximize the tax benefits you have and be wise.\u201d \u2013 Brian Buffini
\u201cYou have to grow your business at a higher percentage than inflation.\u201d \u2013 Brian Buffini
\u201cIt's a time to be efficient, not to be scared.\u201d \u2013 Brian Buffini
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