Cameron Herold

When AI and robotics come in, that replaces stuff too quickly. So I think what's coming right now is we're going to have more inflation, we're going to have more layoffs, we're gonna have companies cutting back,

When AI and robotics come in, that replaces stuff too quickly. So I think what's coming right now is we're going to have more inflation, we're going to have more layoffs, we're gonna have companies cutting back,

We've got taxation right now happening globally with these Trump tariffs coming in, which there's arguments for it being good, but most of it is gonna be bad for the individual because companies are just going to charge more. When we have to import all of our goods and services, we're going to have to charge more. So yeah, we might bring back manufacturing to North America,

We've got taxation right now happening globally with these Trump tariffs coming in, which there's arguments for it being good, but most of it is gonna be bad for the individual because companies are just going to charge more. When we have to import all of our goods and services, we're going to have to charge more. So yeah, we might bring back manufacturing to North America,

but not fast enough to make a difference where costs are ever going to go down. So inflation is going to continue. Recession is going to happen, which means for companies, be very careful. Debt is good when the interest rates are really low. But if you can't keep borrowing money to pay for your business, that means your business have to pay for your business. So you've got to make your cuts.

but not fast enough to make a difference where costs are ever going to go down. So inflation is going to continue. Recession is going to happen, which means for companies, be very careful. Debt is good when the interest rates are really low. But if you can't keep borrowing money to pay for your business, that means your business have to pay for your business. So you've got to make your cuts.

You've got to get rid of the waste. You've got to say no more often than you say yes. You've got to work on the critical few projects with the critical few people. You've got to stay focused on strategy. You've got to grow your leadership team skills and your management team skills so they can get more done with less people. So it's the better run companies that will do well.

You've got to get rid of the waste. You've got to say no more often than you say yes. You've got to work on the critical few projects with the critical few people. You've got to stay focused on strategy. You've got to grow your leadership team skills and your management team skills so they can get more done with less people. So it's the better run companies that will do well.

But if you're the average company who is able to borrow money to get there or you're working on thin margins, you're pretty much out of business. There was a saying that I heard years ago, if the rate of change outside your business is greater than the rate of change inside your business, you're out of business.

But if you're the average company who is able to borrow money to get there or you're working on thin margins, you're pretty much out of business. There was a saying that I heard years ago, if the rate of change outside your business is greater than the rate of change inside your business, you're out of business.

And I think for many businesses, we're going to go through that pain, but that's okay because the good ones are going to be able to do very, very well.

And I think for many businesses, we're going to go through that pain, but that's okay because the good ones are going to be able to do very, very well.

So I think it's right now about making sure that we right-size our organization, get rid of the wrong people, stay focused on the right stuff, make sure that we raise our prices where we can, keep our margins under control, and business can be very good.

So I think it's right now about making sure that we right-size our organization, get rid of the wrong people, stay focused on the right stuff, make sure that we raise our prices where we can, keep our margins under control, and business can be very good.

Yeah, and it's about being ruthless. You need to come in and be a leader who's willing to make the cuts and say, I need to. We can't afford it. When Elon went into Twitter, he did it in the wrong way. He shouldn't go in with this callous, kind of jokingly, firing 80% of the people, fuck them attitude. But yes, fire 80% of the people. They're not needed. They weren't doing any work.

Yeah, and it's about being ruthless. You need to come in and be a leader who's willing to make the cuts and say, I need to. We can't afford it. When Elon went into Twitter, he did it in the wrong way. He shouldn't go in with this callous, kind of jokingly, firing 80% of the people, fuck them attitude. But yes, fire 80% of the people. They're not needed. They weren't doing any work.

They weren't doing anything meaningful. But you have to remember, these are human beings with lives and families. You can do it in a nicer way. Government getting rid of the waste. Yes, we should be getting rid of the waste. We can't afford, nor should we be spending $780 million to build a new embassy in South Sudan.

They weren't doing anything meaningful. But you have to remember, these are human beings with lives and families. You can do it in a nicer way. Government getting rid of the waste. Yes, we should be getting rid of the waste. We can't afford, nor should we be spending $780 million to build a new embassy in South Sudan.

what the we don't need a new embassy in south sudan 780 million dollars what are you building so stop that insanity inside of your businesses saying no being more ruthless focusing on the core projects that drive roi and your business will be very good

what the we don't need a new embassy in south sudan 780 million dollars what are you building so stop that insanity inside of your businesses saying no being more ruthless focusing on the core projects that drive roi and your business will be very good