Micro Economy vs Macro Economy When Trying to Recruit

11 Aug 2025 · 1 min

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In this monologue, Richard Milligan argues that even when the broader macroeconomy is weak or declining, there will always be pockets of thriving microeconomies. He advises leaders—especially those focused on recruiting—to adopt a "day one" mindset that operates within these microeconomies, thereby insulating their success from larger economic downturns. Milligan also asserts a timeless principle: the best in any industry always win. By committing to become the best, leaders create an insurance policy that secures not only current performance but also future, multi‑year success.

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So here's your hope, because the challenge for you is become this person. But here's the hope in this, is that there's always a microeconomy that exists in a macroeconomy. There's people in a macroeconomy, it can be down and it can be failing, and you will always find people whose microeconomy is winning. And the leader who has this mindset, day one mindset, operates in a microeconomy. It is a way to insulate your success. The second premise in this, this is the second thing that will never change, is this: is that the best always win. They have in the past and they always will in the future. When you make a commitment to this, you're making a commitment to being the best in your industry, and that is an insurance policy against you winning not just this year but in future years.