Training! You Want me to Spend Money on Training?!?!?

Mike McKay
August 26, 2025

That’s a great question, and it cuts to the heart of how business owners should think in times of uncertainty. While your instinct is often to pull back and conserve cash, investing in training—sales, management, and business fundamentals specifically—can actually be one of your smartest and most defensive strategies. In fact, I don’t want you to spend money.  I want you to invest in Force Multipliers for your business!
Here are 5 reasons why
1. Sales Training: Protect and Grow Revenue
  • Revenue resilience: In downturns, customer budgets tighten. Well-trained salespeople know how to handle objections, articulate value, and close deals even when buyers are cautious.
  • Conversion efficiency: When leads are scarce, it’s more important than ever to convert a higher percentage of opportunities rather than relying on volume.
  • Retention & upselling: Sales training strengthens customer relationships, making it easier to retain existing clients and expand share of wallet, both of which are more cost-effective than chasing new leads.
In short: sales training acts like a shock absorber for revenue volatility.
2. Management Training: Stability and Productivity in Uncertain Times
  • Better decision-making under pressure: Trained managers are less likely to panic or make reactive choices when the market is unstable.
  • Employee morale & retention: During uncertainty, employees look to managers for clarity and confidence. Managers trained in communication, delegation, and coaching keep teams aligned and engaged.
  • Efficiency gains: Skilled managers can optimize processes, cut waste, and maintain productivity without eroding morale—crucial when margins are tight.
Management training helps ensure the business doesn’t just “survive” a downturn but comes out leaner, sharper, and more disciplined.
3. Business Basics Training: Strengthening the Foundation
  • Cash flow mastery: Many businesses fail not because of lack of sales but because of poor financial controls. Training in budgeting, forecasting, and cash management is insurance against failure.
  • Adaptability: Owners who understand business fundamentals can pivot offerings, redesign pricing, or restructure operations faster when conditions shift.
  • Risk reduction: Strong fundamentals mean fewer blind spots—reducing costly mistakes in contracts, compliance, or vendor agreements.
Business basics training is the survival kit—it ensures owners understand the levers that keep the business alive and adaptable.
Bonus Reason 4. Competitive Advantage: Winning While Others Pull Back
  • Many owners freeze training budgets during uncertainty. That means those who continue investing create a gap between themselves and their competitors.
  • Teams that keep sharpening skills can take market share when weaker competitors retreat.
  • When the economy rebounds, trained businesses accelerate faster because they kept building capacity during the slowdown.
Critical Factor 5. Training as a Signal—to Employees and the Market
  • To employees: Training communicates “We believe in you, we’re investing in your growth, and we’re confident about our future.” That boosts loyalty and discretionary effort.
  • To customers: Stronger skills show up in professionalism, responsiveness, and results—helping you win business when trust is at a premium.
Bottom Line: In uncertain times, training isn’t a luxury—it’s a force multiplier for stability and growth. It ensures revenue resilience, keeps teams engaged and productive, strengthens financial discipline, and positions a business to seize opportunities while others stall.