Episode 15: The Market is Crashing
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Recently, I've been seeing a lot of fear and concern around the market. I've been experiencing longer sales times in my own business. But, in my opinion, it's a pretty standard expected market correction.
If you are worried about the market to the point that you're questioning if you should continue your entrepreneurship, I want you to consider your vision and plan. I always say, "plan your work, work your plan". Doing this backwards will cause you to work off of the issues you encounter along the way, when you should be executing based off of your vision for income, time, etc.
Most people don't have a clear plan for their business on paper. Ask yourself, "What does my business feel like in 5 years? What are realistic targets in three years? What are the measurables? What are the actions that move us closer to those goals?". If you have this plan in place, the market should not significantly impact your business.
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