Sat, 18 March 2023
“Sell What?” “Everything.” — The Call That Sparked Entrepreneur Eric Johnson to Teach Himself Economics
In the Fall of 2007, Eric Johnson, an entrepreneur and designer of satellite communications systems, was on vacation when he received a panicked call from his financial advisor.
“Need permission to sell.”
Eric did sell, and his swift move saved him from getting walloped by the Great Recession and the ensuing turmoil in the markets.
Eric is a renaissance man: an instrument-rated private pilot, surfer, black belt, astrophotographer, angel investor, and co-founder and former CEO of Tourmaline Networks, a software engineering firm.
After weathering the Great Recession, Eric determined he never again wanted to feel financially vulnerable. So, in addition to his other personal and professional pursuits, Eric set off on a 15-year odyssey to teach himself everything investors, owners, entrepreneurs, and anyone who wants to protect their wealth needs to know about finance and economics.
In his book, What the Hell is an Economy, Eric has distilled all that he’s learned into an easy-to-understand read that spells out what an economy is and how it works.
If you're wondering what recent bank failures, inflation, debt ceiling, currency fluctuations, and trade deficits mean for your business — where are the risks and where are the opportunities — Eric shares the answers with host and award-winning financial journalist Dean Rotbart exclusively on Monday Morning Radio.
Photo: Eric Johnson, What the Hell is an Economy