Four Lessons to Dominate at Business in 2019...Even if the Market Collapses
By Craig Ballantyne,
Read this on Early to Rise
“I’m never drinking again.”
This was my Sunday morning motto for far too many years in my late 20's and early 30's. But no matter how painful the headaches were... No matter how many times I huddled over a toilet, fighting waves of nausea for the entirety of my Sabbath... No matter how many hours I wasted cuddled under the sheets, attempting to block every hint or light or sound from reaching my alcohol-addled brain... The following Saturday night, I fell back into the same again and again and again. When all the work for the week was done, and the excitement and anticipation of the hedonism ahead were too much to resist, I would give in again thinking, “This time will be different.” It wasn’t. Week after week. Month after month. Year after year. I repeated this cyclical stupidity. Repeating the same mistakes. Reaping the same consequences. And promising myself every step of the way, "This time won't be so bad." And every single time, I was wrong. Compare this to the modern entrepreneurial and financial landscape and you will notice a few alarming similarities. Sure the minute details of the market--like my nights out and ensuing mornings 'in'--might be different enough. First, the Federal Reserve tampered with inflation rates in the '80s. Then we had the tech bubble burst of the early 2000s. Then the housing market-fueled financial meltdown of 2008. But the underlying principle remained and continues to remain the same: We overspent, over-leveraged, underprepared and we still haven't learned our lesson. That means, as Casey Jones was warned, "There’s trouble ahead, and you better watch your speed." Whether you’re an entrepreneur or employee, I don’t say this to scare you. Only to stress to you that the future will bring challenges. A lot of them. It always has. And while I may not have a crystal ball that will perfectly for tell the future, I do have access to an extensive network filled with some of the brightest financial and business minds of our time... ...And all of them are gearing up to take advantage of the impending crisis and whatever opportunities it may present. So should you. Here are four rules to help you do it. To Your Success,
Craig
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