YEL 196 - How the Top 1% Adapts & Pivots During Economic Crashes Part 2

Young Entrepreneur Lifestyle 2.0

Episode show notes.

Is lockdown anxiety keep you from picking up the sport of entrepreneurship and building wealth?

Overcoming this economic downturn does not take a lot of guts. But it does need you to crush fear because the real epidemic right now is that - fear. Adapting, preparing, and adjusting the way you do business and earn money are your lifelines and what will ultimately transition your efforts to something that will yield real money during the quarantine.

How are you preparing your business to come back stronger? Where are you putting your money right now? Are you doubling down? Or are you taking the path of least resistance?

If you’re serious about coming out on top, you gotta reinforce your mindset, your discipline, and your motivation. Use and abuse this quarantine time to take advantage of opportunities provided to you by available resources. Move quickly. Adapt. If you need to pivot, pivot and act fast!

A curation of value-packed interviews that best explain how you should be adapting to the economic effects of the coronavirus, Peter presents in this week’s podcast six of the greatest game-changers in the country who have achieved tremendous success in their respective fields:

GERARD ADAMS

Investor, philanthropist, and trusted advisor for conscious founders

BEDROS KEUILIAN

CEO of the most popular indoor fitness boot camp, Fit Body Boot Camp HQ

NICK BARE

CEO of sports nutrition supplement company, Bare Performance Nutrition

CODY SPERBER

Real estate mentor and Founder & CEO of Clever Investor

TAREK EL MOUSA

Self-made celebrity real estate investor and host of Flip or Flop on HGTV

ROBERT KIYOSAKI

Author of international best-seller personal finance book, "Rich Dad Poor Dad"

These self-made millionaires are on top of the coronavirus as they continue to build wealth even during economic crashes simply because they know what it would mean if they do not immediately pivot and adapt.

Tune in to this week’s mashup podcast where six of Peter’s wealthy, resilient, game-changer friends talk about how you can adapt and pivot during a madly worrying economic crisis!

In this episode, you will learn...

• Where to put your cash during the COVID crisis
• Why you should take the money from government
• How to pivot without looking opportunistic
• The importance of adapting and moving fast

Quotes:

--> The best investment you can make is in you. GERARD ADAMS

--> Anyone that's not using the quarantine time right now to reinforce their mindset, their money, their motivation, their discipline, they're fools. BEDROS KEUILIAN

--> If you're not moving fast because of fear, once that fear catches you, you're gonna be moving fast. TAREK EL MOUSA

Question:

WHAT IS THE BIGGEST SHIFT YOU’RE MAKING TO ADAPT TO TODAY’S ECONOMY?