Ep 46) The Market Is Always Changing

Ep 46) The Market Is Always Changing

The only constant changes. The market today is not what it was just before the pandemic hit. Before the pandemic, the market was booming and it seemed that you could do no wrong During the pandemic, initially it was great for online sales as people were looking for entertainment, however, as time went on and money became tight, sales started to drop. Now that the pandemic is almost over and many places have re-opened, while the market is selling, the high unemployment as a result of covid relief packages is holding production down making getting ahold of some items difficult. It's during times like this that determines if you're only a peacetime entrepreneur or if you have what it takes to survive long-term. In this episode of the Podcast, I take one of my side hustles as an example of how we have adapted to changes in the market to find new opportunities. In doing so, my wife and I had one of our best financial years ever. Our inventory is selling almost faster than we can replenish them.

Ep 45) Business & Life: Lessons Learned From Covid-19 Pandemic

The Covid-19 pandemic taught us many lessons. In this episode, I talk about the lessons I learned in my business and personal life.

Ep 44) Business Lesson from Cobra kai | #Hustle & #Money

In watching the show Cobra kai (if you liked The Karate Kid you know you'll like this) provide good lessons for life and for business. Some advice for business is horrible advice for your personal life outside of work. If you want to be productive with an online business (content creation, physical products, services) you need to be organized, have a workflow, & quality control. Is now the time to refinances your mortgage?

Ep 43) Passive Income, Side Hustles, & Family Scheduling | #Hustle & #Money

Most talks about passive income involve activities that are not really passive. You put in the work upfront then continue to get residual income. Your side hustle opportunities change with the season. When taking a look at your options you want to look at long term opportunities that will continue and not the short term opportunities where you have to constantly be looking for another side hustle because your current one's keep ending. Just as important as managing your calendar and your schedule, the entire family needs to manage a schedule for the smooth operation of the household. With everyone knowing what they are doing this cuts down on conflicts and the constant interruption while you work.

Ep 42) ADHD Struggles

I have my swings where I bounce around between the various money-making activities. I am working on trying to be more consistent. I am re-learning ways to deal with ADHD as my inability to focus is costing me money. I will focus exclusively on one thing for a few weeks then switch to another losing the momentum that was being built up. Despite this, I have managed to do well financially, However, I still have problems making the mental switch from survival mode that I started at years ago to relaxing and enjoying the money. So many of us struggle with making the mental switch and even though our bank accounts build-up we still live and make decisions as if we're still broke.