Finance Friday: Bad Times Create Strong People.

Good times create weak people, weak people create bad times, bad times create strong people, strong people create good times.

EVERYTHING is seasonal…..life, the economy, weather.

Leaders anticipate, losers react. If you want to get ahead, you must recognize patterns and anticipate. The world changed when humans started to recognize seasons. We plant in the spring, tend and take care in the summer, harvest in the fall, store enough for winter. Know that your life, your emotions, everything is seasonal. We aren’t always up. We aren’t always down.

Economic winter is coming. Bad times create strong people. Leaders anticipate. Winter does not last forever. No pandemic lasts forever. After night there is sunrise. There is day.

68% of the fortune 1000 were started in a recession or depression.

How are you anticipating the economic winter? Are you building liquidity? Are you building a business? Are you adding income streams? Are you doubling down on your value to the marketplace? Are you investing in yourself? Are you preparing to invest in assets that will be on sale?

Good times create weak people, weak people create bad times, bad times create strong people, strong people create good times.

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Timestamps:

[5:50] The recession we're heading into and thriving in bad times.[6:53] Leaders anticipate. [8:30] Everything is seasonal.[10:30] 68% of Fortune 1000 companies were started in a recession or depression. [12:14] How are you anticipating the winter?[16:51] Invest in personal development. 

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