How Millionaires Think And Act in a Recession
History shows us that whenever we’ve gone through recessions/depressions has inspired resourcefulness and innovation.
There was a study done of successful CEO’s that had focused on language patterns which were markers for their mindset. Out of this study, it identified 3 categories:
- Fear focused
- Survival based
- Strategic based
Here is the mentality of successful people:
When everyone is pulling back, that is when they push forward.
People still have problems, however, the way you provide a solution to their problems is going to be different.
The number one mindset right now is that instead of contracting, you are expanding. Instead of cutting all expenses, are you investing intelligently.
The way millionaires think and act during a recession is basically the opposite of what most people do.
Now is the time to ask yourself — are the actions you’re taking congruent with your desire?
If your desire is to save your business, are the actions you’re taking congruent with that desire?
In This Episode I discuss:
00:00 – 04:15 – Introducing Today’s Topic
04:15 – 10:50 – Three Mindset Categories
10:50 – 15:06 – The Perfect Storm
15:06 – 19:00 – Take Optimistic Action
19:00 – 25:11 – Are Your Actions Congruent With Your Desires?
If you enjoyed this episode, head on over to iTunes and subscribe to Healthpreneur™ Podcast if you haven’t done so already.
While you’re there, leave a rating and review. It really helps us out to reach more people because that is what we’re here to do.
What You Missed
In our last episode, I shared with you our Virtual Practice Blueprint.
With the COVID-19 Pandemic, a lot of health practitioners have found themselves in a predicament where their brick and mortar businesses have been closed and although their income has dropped significantly, their expenses have not.
It’s a 3-step plan to help you reduce cancellations, taking your practice on line and getting new patients to book with you.
If you’re a hands-on practitioner, you’re going to want to pay close attention as I share with you specific examples of how you can work with patients and clients on-line.
There’s so much ample opportunity out there with everyone at home and spending more time than ever online.
If you missed it, you can watch the full episode here: Your Virtual Practice Blueprint
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