Does it feel like money’s drying up?

In some markets, it is…but that’s nothing to worry about.

Because there’s a truth about money that you need to know…

Money never goes away - it just flows to different places.

Take 2020. When “2 weeks to slow the Curve” happened, we saw some businesses explode.

Real Estate Skyrocketed - we bought our house in 2016 and it was stagnant until 2020 hit. Then it doubled in value almost overnight. 

Home services exploded - people renovated, installed pools, and spent a ton of money updating their living spaces.

The Luxury car market also blew up. A Rolls Royce that sold for $170K shot up to $240K (I got outbid on the one I liked).

And now the markets are changing again…

Inflation is off the charts, consumer credit card debt is at an all-time high, and consumers are closing their wallets.

But money’s still flowing.

I just read an article from Barons about how the Repo Market is booming. 

Companies are buying empty land to store all the repo’d cars that people bought using their Stimulus checks and now can't afford.

Why am I tracking this so closely?

I lost everything in the 2008 recession because I kept my head in the sand.

This time I am eyes wide open, paying attention to what industries are moving.

Just like how the money flowed into home services in 2020…

I’m watching to see where it flows this time.

I'm not 100% sure yet.

But when I read that article from Barrons about car repo’s - it makes me wonder how to capitalize.

And if you want to acquire some wealth in the next few years, then I suggest you identify what industries will be booming. 

Then provide solutions they are willing to invest in.

You Can’t Trust Everything, But You Can Trust This In Your Business

An Easy Entrepreneur Trap

As entrepreneurs, we've been conditioned to believe that staying busy is the key to success. 

The prevailing mindset says that the more we juggle and the busier we are, the more likely it is that success will follow suit. 

This is an easy trap to fall into. 

One that equates busy-ness with achievement.

In order to find true, long-term success… 

It’s crucial to recognize that being active is not the same as being productive.

When we fill up our schedules with numerous tasks and activities, eagerly checking them off as we go, we feel a sense of accomplishment – convincing ourselves that we’re making significant progress.  

Yet, when we take a step back and reflect on our day, we need to ask ourselves a critical question: 

How productive was I actually?

Engaging in the path of least resistance and occupying our time with whatever lands on our desk might productive in the moment…

However, if we're honest with ourselves, we'll realize that we're not stretching ourselves enough to reach the goals that truly drive growth.

True productivity goes beyond simply staying busy. 

It involves focusing on high-leverage tasks that align with our long-term objectives and bring about tangible results, even if those tasks fall outside our comfort zone.

It requires us to be intentional with our time and prioritize tasks that contribute directly to our growth and success.

To escape the busy-ness trap, we need to shift our mindset from keeping busy… to being productive. 

Instead of measuring our success by the number of tasks completed, evaluate progress based on the value they create. 

And often times, the most valuable tasks are the hardest to accomplish

If your day isn’t propelling you toward your ultimate goals – if you don’t feel  challenged – it's time to reevaluate and refocus your efforts on what truly matters.

Remember, true success lies in pursuing purposeful actions that lead to progress. 

By identifying and prioritizing the activities that align with our goals, we can unlock our entrepreneurial potential and maximize our chances of success.

Let’s win together!

~Nate Kennedy