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:
· The importance of an incentive-based market.
· The economic indicators entrepreneurs must watch for.
· The factors entrepreneurs can control.
MENTIONED IN THIS EPISODE:
“Taxes Have Consequences,” 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:
“If you create incentives for entrepreneurs, they will do what entrepreneurs do.” – Brian Buffini
“When you disincentivize entrepreneurs, they take their ball and go elsewhere.” – Brian Buffini
“If you want to stay where you are, you need to maximize the tax benefits you have and be wise.” – Brian Buffini
“You have to grow your business at a higher percentage than inflation.” – Brian Buffini
“It's a time to be efficient, not to be scared.” – Brian Buffini
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