The Recession of 2024 Is Likely to Begin on July 1, 2024

I usually like to cover topics that are uplifting and positive. But this week, I have to spread the word about something very dier.

If you are a small business owner or know a small business owner, please, please, please forward this episode to as many people as you can.

I'm not trying to be dramatic, but the Department of Labor has just published new rules for overtime payments that are likely to kill most small businesses in less than six months.

If you are not a small business owner but work for one in some type of professional capacity like sales, marketing, design, accounting, engineering, or computer work of some type, your job description and the way that you get paid are likely to change pretty dramatically in the next couple of months if you don't get laid off.

I'm calling this episode The Looming Catastrophe for Small Businesses. And if the DOL gets away with this, that recession that everyone has been warning about for the last year or two is going to hit the US economy like a firestorm by the end of 2024.

Show Notes: Prepare for the Recession in 2024