How do you respond in times of crisis? Think about it. In every major downfall, in every economy, it is always said that there, are more millionaires made in bad times, then in good times, And it is said during the great depression, there were more millionaires made in that era, than any other time. Now why is that the case? Here's why I believe that when it comes to moments of danger, there are more opportunities available than any other time. Think about it, This could be during the economic downfall. This could be in business Why? Because that's when most people are panicking. The question is are you going to be like most everybody else, following the herd mentality, or are you going to try and find the times and see if there are opportunities available during these moments of crisis,
Think about it. This could be your very own economic slowdown right now. The psychology behind good times is when prices are surging up, that's when every body wants to come in and buy when prices are high. But when it comes crashing down, that's when every one's panicking, and that's when everyone wants out. The question is, during the bad times, are you looking at it as bad times? Or are you looking at the opportunities that's created during these bad times? Because it's not about what happens, but how you act, react to these situations that will make all of the difference.
Think about it. This could be your very own economic slowdown right now. The psychology behind good times is when prices are surging up, that's when every body wants to come in and buy when prices are high. But when it comes crashing down, that's when every one's panicking, and that's when everyone wants out. The question is, during the bad times, are you looking at it as bad times? Or are you looking at the opportunities that's created during these bad times? Because it's not about what happens, but how you act, react to these situations that will make all of the difference.
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