Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

When times are good, you need to spend your time learning, get educated, and believe your

strategy because if we just start switching your strategy in the middle of times,

you were going to be the one paying the price. The stock market is a place that transfers money

from the patient to the impatient. And so if you are impatient, because you're like, oh, things are

going wrong temporarily and you sell what happens. Someone else can pick up your investment at a

discounted price. So that's the first thing that you have to understand. You have to understand the strategy

and be willing to stick with it and make sure that it's been time tested. History doesn't repeat

itself, but it rhymes. And you can see the success of certain strategies through previous

downward cycles. Downward cycles happen. It's a fact. Every eight to 12 years, we see some sort of economic slowdown.

We see some sort of market crash. This is nothing new. This is why for successful investors, they love recessions. They love market crashes because it gives them an opportunity to come and buy. It's like Black Friday, right, for investors.

So the first thing you have to understand is that. But then on the flip side, you know, you talk

about the actual emotions. I'll tell you, it was difficult. I had very high expectations on me

to go out and become a professional. I became an attorney because essentially the conversation was

if you do not become a doctor, then you're going to lose all pride in the family. So at least

become an attorney. You know, it was tough. And I, you know, for me, I was like, okay, well, I can go to law

school part time, which means I can work in my business full time. However, I wasn't the best student

in law school. And the reason was, because I was putting a lot of my time and energy into the business. Now, I did good in law school. I'm not good.

I actually did really well on the bar exam.

I enjoyed learning.

I love learning.

But I knew that in the back of my mind, oh my God, if I graduate law school and things

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