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🗓️ 1 July 2022
⏱️ 7 minutes
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0:00.0 | We are in a recession already, but that's okay because that's where millionaires are made. |
0:06.1 | This is the flavor. |
0:08.3 | So nothing's recession proof or good time proof. So I think we have to stick to exactly what we |
0:16.2 | would do pre-recession. I just think there's less competition. Because I think, you know, |
0:23.5 | people are much more scrutinizing when there is recession. They look at things closer. They don't |
0:35.9 | have as much money to move and they don't have to move as much money. Those are the two indicators |
0:40.0 | of why people would throw money in companies. Why it was easier to do, but that doesn't mean they |
0:44.4 | were successful. You have a great opportunity to go ahead and one be credible. Tell me why |
0:54.0 | you know, during good times and bad, you're going to be successful no matter what. Show me you have |
0:58.6 | a desire that you must be what you can be. Show me you have the capability of changing and evolving |
1:05.8 | and transitioning either through relationship, situation, knowledge, mentorship or hard work. |
1:12.4 | Credibility. That's an emotional attachment. Find out what I like about what you're doing and what |
1:18.9 | I don't like about what you're doing. Sometimes I'll invest in a deal because I don't like something |
1:26.4 | about it and the entrepreneur asks me for why I don't want to invest. Instead of just letting me go |
1:36.2 | away with the thought that I don't like this deal because blank, blank, blank. They actually are |
1:40.7 | smart enough to say, what don't you like about this deal? And then I tell them like, oh thank God, |
1:46.2 | you brought that up because I didn't cover this. I'm so in love with my product. I'm so entrenched |
1:51.1 | in my business. I just assumed you understood that part of it. I didn't realize you did. |
1:57.1 | And then I'm like, oh shit, this deal is awesome. Why did you tell me that? |
2:02.2 | So emotional attachment is extremely important to finding what you like and what you don't like. |
2:07.2 | Then practice. This is the big one to me that people, they don't think they have time to do it |
2:13.7 | because they don't think it's important. I think the most important thing is to practice articulating |
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