Dec 1, 2021
Alan Beaulieu is one of the
world’s most informed and insightful economists, with a remarkable
track record of providing accurate financial forecasts. He's also
an exceptionally gifted speaker and his keynotes and seminars have
helped thousands of business owners and executives capitalize on
emerging trends. Get ready for the future and listen in as Alan
shares his insights on inflation, supply chain issues, and how to
prepare for 2030.
Key Takeaways
[2:20] First guest on the show
to have a Ph.D. in Leadership.
[5:05] Where the economy is
headed in 2022.
[6:15] Supply chain
issues.
[7:00] Being proactive is
important, but you don’t want to be proactive at the wrong time. Do
not overbuy because you’re worried about supply chain
issues.
[10:05] When leaders say, “I
think.” or “I feel,” people have the right to be skeptical. You
have to prove it and you do that with data, math, and
indicators.
[12:35] Reshoring
trends.
[16:35] Alan’s perspective on
world stability.
[19:10] Why the U.S. should
solidify the supply chain. If China decides to unify completely, it
could be bad for world trade.
[20:15] Low-skilled labor and
immigrant workers.
[21:35] The world is desperate
for labor, and it’s not all lower-end. Construction, transportation
and others require real skills.
[26:20] Alan breaks down
inflation.
[30:45] We will see abnormal
inflation rates around the second half of this decade. The first
half will still be “seemingly okay.”
[35:15] Alan shares his thoughts
on how leaders can open their minds to the things they don’t know
that they should know.
[38:15] Leaders who show
humanity and really listen are the real change-makers.
[41:30] Alan explains the
mindset shift leaders need to have if they want to create real
longevity in their companies.
[43:00] Alan offers advice on
how individuals can future-proof their finances.
[45:20] Listener challenge: You
don’t need to guess the numbers. Knowing is power.
Quotable Quotes
- Leaders who show humanity and
really listen are the real change-makers.
- “It’s not hard to show people, but it’s
sometimes hard to lead people.”
- Current constraints are temporary and painful,
but temporary. Avoid panic buying.
- Opening up the borders, and tripling the amount
of legal [foreign] workers won’t solve the [labor
shortage].”
- “The certainty is uncertainty.”
Resources Mentioned