In Case Of Recession

The likelihood of a Recession just Jumped Up.

It's not the first time this has occurred in the past few years.

Yet, More People seem to be struck with Fear this time around.

More are asking...

What Do You Do?

How did others make it through the 2008 Recession?

What Hope is there?

Indeed, when we look at the 2008 Recession, many people Struggled Through It.

Horror Stories of those who Lost Everything.

It is Enough to send Fear Down People's Spines.

But there is Hope.

The first thing that we Must Realize is that All Things can be Overcome.

Even "If" You Lose Everything, Which the Majority Will Not, that does Not Mean there is No Comeback.

As Humans, we are Adaptable and Can, Have, and Will Continue to Bounce Back from Hardships.

Next, what makes Recessions So Tough for So Many People?

Money.

More Money Goes Out than Comes In, which Creates a Gigantic Stressor.

But, there is Good News.

First, we are Not in a Recession "Yet", and Simply "Knowing" that Money is often the Challenges Means...

You can Prepare.

Save More Now for Necessities.

Stop Spending on Non-Necessities.

Now, if you are an Entrepreneur or Leader, be "Very" Careful Here.

I have Seen Entrepreneurs and Leaders Cut their "Only" Lifelines because it was "Too Expensive".

But Sometimes, the Benefits Outweigh the Costs.

So, before you Judge, make sure you Accurately Assess the Benefits.

If you cut the Truly Unnecessary things, then a Time of Recession becomes Easier to Handle.

Then, look at your Stressors.

A Large Part of Why People Struggle in Recessions "Is" their Stressors.

They are Stressed Over Money.

They are Stressed Over the Idea of Losing a Job, Business, or Source of Income.

They are Stressed Over Taking Care of Others.

They are Stressed Out Over the Job Market.

They are Stressed Out About Being "Around" Stressed out People.

They are Stressed Out About The News That is Constantly Saying How Terrible Everything Is.

Now, What Happens when We, as Humans, are Overloaded with Stressors?

Dis-Stress.

Specifically, we go into Fight-or-Flight Mode.

The Problem?

We are Unable to Think Clearly.

We are Unable to Act at Our Best.

We Constantly React based on Our Past Reactions...

Which for Most People is Far Less than Optimal.

These then begin to Add Up.

Mistake Here.

Misstep There.

Then a Falter.

As these Occur Again and Again...

Unintentionally...

We Create Our Own Demise.

We Fear Our Bosses Firing Us, and then We Underperform Leading to Our Firing.

We Fear Our Clients Saying No to Our Services, and then We Let them Down Leading them Saying No to Services.

We Fear that Our Teams will Stop Supporting Our Goals, and then we Make Decisions Leading them to Stopping their Support.

All of these Tend to Occur because our Fear and Dis-Stress Cause Us to Make Poor Moves and Decisions.

So, to Overcome This, We Must Pay Attention to Our Stressors.

Instead of Allowing them to Control Our Fate, we Must Control Our Own Fate.

Focus on Reducing Our Stressors.

Figuring Out How to Effectively Handle Our Stressors.

When we do this, we give Ourselves an Advantage.

While others are Acting out of Fear...

You become a Beacon of Calm which is Invaluable in times like Recessions.

Perhaps Most Important to Understand when it comes to Recessions...

The World Changes.

Especially During a Recession.

What does this Mean?

Opportunity.

If your Money is Handled Well...

And your Stressors are Under Your Control...

It gives You the Ability to Find the Opportunities.

Most people will Miss Every Opportunity during a Recession because of Fear.

Which means that there is Less Competition for the Opportunities that Open.

Recessions can be Difficult, Yes...

But Only if You are Not Prepared.

If you Prepare Yourself...

A Recession may Become Your Greatest Opportunity for Growth.

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