Some seem to do well in times of financial crisis and others never have been as poor. Some are devastated by forced changes in their job situation, the weight of cumulated debt, consequences of long term sickness or underfinanced retirement or old age. Others quickly adapt or even anticipate the changing paradigms of our time and face without fear what threatens their lifestyle.
Those who thrive in times of crisis surf on the waves of opportunity and there are 7 things they keep working on, on their to-do list. Here is step 7.
It is never too late to do what needs to be done
When I see some of these youngsters (I’m 61) apply the knowledge of those that know how to build a money making blog, and after 12 to 18 months they are making 10- 15000$ a month and have time to live and work on their projects, I feel like I’m dreaming.
Do you think it is too late for you? It’s just a matter of following a recipe that has a proven track record.
Have you heard how Kentucky fried chicken got started. The legend says that Mister Saunders just retired at 65. He sold the gas station business he had, paid off all his debts and found he was penniless. At the same time he received his first pension check. “I’ll never be able to live with this”, He said. (This is going to happen to many of us out there).
I’m going to have to find a job. What do I know how to do? I have a family recipe for fried chicken with 11 secret herbs. People tell me it’s ‘finger lickin’ good’.
He didn’t feel like starting up a new restaurant so he got other restaurants to put it on their menu. Every time they sold it, five cents were sent to Mister Saunders account. And the Kentucky Fried Chicken franchise business model was born. And Mister Saunders became millionaire after 65!
You already have rich ideas inside of you!
All that is lacking is a competence that needs to be developed, a hidden talent that needs to be found, or the meeting up with someone who will help send your idea into orbit.
It is a matter of monetizing what is already in you!
You have experienced failure? Everybody who has any success has first failed a lot. You may justify not wanting to try again by: “I worked 70 hours a week to get my business off the ground but the banks cut off my credit and my business was closed down”. Or, “My wife left me, my pension plan was wiped out, I don’t feel like it any more, I have health problems”, and so on.
But those that succeed will say, “All that has happened to you? So what!”
If you live in Europe you may remember the final of the Champions League (soccer) between Bayern of Munich and Manchester United.
Bayern scored at the 6th minute and led throughout the match. There were only 80 seconds left and you could say that Manchester had run a lot for nothing and all tentative to score had been in vain.
But in the last 80 seconds they scored twice, once to equalize, and once to win. They never gave up!
You may have struggled long and hard. Or maybe you never were really in the game ‘til now.
But as long as you haven’t heard the final whistle, you can still score the winning shot. Funny thing is, no one will remember your failures. You are playing the game of your life. Don’t judge it before the game is finished!
Everybody knows the so called failures are useful to determine which strategies you need to improve or abandon. You may lose everything on the exterior, but you will never lose what is on the inside: your vision or dream, your experience and your positive attitude. Those are things no one can take from you. And you were not all that far from making it. The next time you will get there much faster and you will know what pitfalls to avoid!
And you will find, though no one gave you a helping hand during the fight, that people will say: “I always knew you would make it”.
How to make your way out of a crisis
(1) Never stop studying all your life
(2) Do what you have to do, when you have to do it, whether you want to or not.
(3) It’s not those who give the advice who will also pay the bills if you don’t make it.
(4) Find a mentor!
(5) Protect yourself from negativity
(6) Do what you have to do right now. Do it now!
(7) It is never too late to do what needs to be done.
Thank you for reading and I hope this helps some of you out their who have been in the School of Hard Knocks much too long. It’s time to start making money! What do you say?
Click here to subscribe to my mailing list