Dean Graziosi points out that most Fortune 500 companies were founded during recessions. While others freeze up from fear, those with hunger who build anyway gain a massive competitive advantage. Start now instead of waiting for better times.
Chapters
Google it. You probably know this, that Fortune 500 companies, did you know the majority of them were started in a down economy? Really? Or in a recession. I've been thinking through a lot of this because I've been in business long enough to be— this is my third time in possibly a recession, right? So if that's the case, then what I should say is I think those companies did well is because most people sit on their hands. That's what I wanted to say, because the insecurities hit and you go, probably not the time to start my own thing, probably not the time to start my coaching business, or really, no, not now. But those that have the hunger or the passion to actually move forward when everybody is I think that gives you a competitive edge.