RECESSION ALERT: How To Prepare & Build Wealth In The Upcoming Recession! | Dean Graziosi
Tom Bilyeu's Impact Theory
Impact Theory
4.7 • 5.2K Ratings
🗓️ 26 July 2022
⏱️ 68 minutes
🧾️ Download transcript
Summary
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On Today's Episode:
The economic winter no one wants is here, and if you’re not snowboarding you may be standing still frozen, in denial, or completely unaware. It’s time to get your mindset around being recession proof.
“In times of recession there are massive opportunities and fortunes to be made, so for new up and coming entrepreneurs, this is the time to go and start a business.” -Richard Branson
Over the last few years we’ve dealt with many challenges as a society and many more as individuals, and one thing is for sure, you either saw opportunity, you retreated and gave into anxiety, or you froze and did nothing. During COVID, businesses were lost, and businesses were made.
Dean Graziosi has been around for well over 25 years experiencing the economic cycles, business cycles, and life’s cycles. He’s joining Tom in this episode to share his experiences through his own real life difficulties to remind you to get your mindset around the reality of the economic situation going on, and decide how you’re going to respond.
How you get through this storm is your decision. This recession doesn’t have to be all dark skies and gloom, when you’re armed with the right information. Join Dean Graziosi and Tony Robbins 5 Day Challenge, Time to Thrive in August to give yourself the advantage we all need.
Check out how you can join Tony Robbins & Dean Graziosi in their 5 Day Challenge here: https://timetothrivechallenge.com/join
SHOW NOTES:
0:00 | Introduction to Dean Graziosi
0:20 | Recession Proof with Anticipation
10:36 | How to Ease the Anxiety
23:17 | Tools To Navigate Uncertainty
31:29 | Listen to Your Self-Talk
41:43 | It’s Time to Thrive
QUOTES:
“It’s preparation and anticipation rather than reaction.” [0:57]
“Time to put the ship in the storm. The next level of me lives on the other side.” [19:23]
“What if on the other side of that storm is the man or woman you’re designed to be? Wouldn’t it be worth that storm?” [22:24]
“I’m scared to death but I’m going anyway.” [27:21]
“Anxiety is this double edged sword. It is the reason that I’ve had the kind of success that I’ve had.” Tom Bilyeu [29:12]
“If you leave the scene of learning without taking an action the momentum goes away.” [1:01:42]
Follow Dean Graziosi:
Website: https://www.deangraziosi.com/
Twitter: https://twitter.com/deangraziosi
Facebook: https://www.facebook.com/deangraziosipage
Instagram: https://www.instagram.com/deangraziosi/
YouTube: https://www.youtube.com/user/deangraziosi
Transcript
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| 0:00.0 | Welcome to the Impact Theory Podcast. Today's episode is a little extra special as I sit down with a man that has greatly influenced my life. |
| 0:08.0 | Dean, Greciosi. As you may or may not know, economic winter is here. And my goal is to get you the information you need to ease your anxiety around the recession and learn the skills and mindset you need to thrive in this time. |
| 0:22.0 | Dean is taking you deep into his real life situation so you can take the nuggets you need to navigate these uncertain times. |
| 0:29.0 | This is Impact Theory with Dean Greciosi. |
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| 1:43.0 | All right, Dean, you and I have about 60 minutes to deal with the fact that we're either headed into an economic winter or we are already there. |
| 1:52.0 | I have a massive amount of paranoia around that and what that's going to be. I think 1% of people are going to thrive, but 99% of people are going to get just battered. They're really going to struggle. |
| 2:02.0 | And there is a quote I hear you say a lot from Tony Robbins, which is in the winter, some people freeze and other people ski and snowboard. |
| 2:12.0 | So my question is, what is the mindset that allows somebody to snowboard instead of freeze? |
| 2:19.0 | I think to start, it's preparation and anticipation rather than reaction. Right? Wayne Gretzke, I love that quote. It's been overplayed, but it said how is he so good at playing hockey? |
| 2:30.0 | I said, most people skate to where the puck is. I learned to skate to where the puck was going. |
| 2:34.0 | And I think if we anticipate and know, so many people we both know have been in business for 15 years or less, they really don't understand it. |
| 2:41.0 | So they're more scared of the unknown. And if you're a study of history, you can understand it's a cycle. It's happening and winter is here. |
| 2:49.0 | I think winter is here. We just all haven't felt the effects yet. |
| 2:53.0 | And when you go through a time like that, the reason Tony and I are working together and doing events and helping people is because there's some industries, like you said, that are going to be at the springtime. |
| 3:03.0 | They're going to exponentially grow. And if you saw Warren Buffett in his yearly presentation, I don't know if you saw it probably four weeks ago, he said inflation is here. |
... |
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