How I'm Preparing For The Upcoming Crash...

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In 2020 I posted a video warning internet entrepreneurs, specifically people in the eCommerce and info space, that a massive correction was coming, and I didn’t realize just how right I would be. The entire internet marketing landscape has changed in less than two years.

But as we get later into the current year, I see a massive storm coming. A long, dark winter like we’ve never seen. Not just in the internet space, but the global market as a whole.

Massive fortune 100 companies are laying off as much as 10% of their workforce, including Tesla, Amazing, Netflix, and Microsoft.

Jamie Dimon, CEO of JPMorgan Chase, known for predicting economic events, warned the world this week of an “economic hurricane” right on the horizon.

So I wanted to shoot this quick video while in New York for a dinner meeting with a business partner of mine, not only sharing what WE are doing to prepare, but what YOU can do in your own life, business, and family to prepare for what’s ahead.

The first thing I encourage you all to do, which on the surface may sound counter-intuitive, is to start thinking in a short-term sense to generate as much cash flow as humanly possible in your business and cut out all of the dead weight that you can.

For example, what WE are doing at DeepWork, which I’m the CEO of, is this…

We’re transitioning our main offer to one which increases our profit margins by more than 30%, if about 50% less work to fulfill, allows me to cut down our team by nearly 40%, and the best part? Our clients will get results within 1-2 weeks vs. 1-2 months with our old offer.

We're doing something similar for the other company I’m involved with in the crypto space. Shifting short-term focus from long-term investments to generating cash flow.

Why should you do this?

Because as things come crashing down, nothing gives you more safety, peace of mind, and freedom than sitting on a massive war chest of capital to deploy later on. Once things finally fall, you’re going to thank yourself for being able to buy assets at a significant discount.

The second thing you need to start doing to prepare is optimizing yourself as a person. Start implementing deep work principles and increase your daily output. You should always be focused on this, but now more than ever. I have a video on some of the basics you can watch here: https://youtu.be/QB1SOAs9R24.

And last but not least, it’s time to start learning about history and macroeconomic trends.

History does not repeat itself, but it rhymes and offers lessons on what we’re about to go through. So start adding more books relating to this to your reading list and make it a focus of your stuff and research time.

But at the end of the day, we can’t always choose the cards we’re dealt, but we CAN choose how we play them. And if you play your cards right going into the upcoming storm, you can be wildly successful.

I hope you find this video helpful, and I wish both you, your business, and your family the best during these strange times.

Видео How I'm Preparing For The Upcoming Crash... канала Matthew Sabia 🇺🇸