Speaker (from a May 20, 2022 YouTube video by Mike Andes) notes that small businesses lost nearly 100,000 jobs in a particular month and argues this is due to many owners not recognizing economic opportunities. The speaker urges self-education (not specific investment advice) so owners can seize moments to enter or exit markets when opportunities arise.
Small businesses lost almost 100,000 jobs in that same month. And the reason for that, in my opinion, is because many small business owners are not looking at the economy and seeing where are the opportunities. And I'm not telling you, go invest in stocks right now. I'm not telling you to go invest in real estate, but start the process of educating yourself so you, when you see an opportunity, when you see the chance to get out of the market or get back in, that is your time to pounce. But you've got to be educated.
