Let me know in the Comments below how YOU are preparing for the recession. Thanks for watching!
@melodeelucido1446 Жыл бұрын
Excellent video and advice! It's interesting that it's not a more popular video. I don't have all the fancy degrees you have Will but I am 71 and have been an entrepreneur for more than 50 years. I have ridden the waves and learned a lot (life degree). Keep preaching the truth. Hopefully many will listen and prepare themselves. I am happy that you are continuing with your Etsy store and wish you very greta success 🙂 Love your channel and look forward to your podcast!
@DarrylGold Жыл бұрын
Great video. So positive. My concern with getting into side businesses now will be nobody will have disposable income to pay for my print-on-demand doodads.
@bobobbins Жыл бұрын
I came across your channel because I was watching videos about running an Etsy business, and what a gem of a channel. Keep up the great work! Like you, I am building passive streams of income to survive this recession and am trying to build cash reserves so I can take advantage of the market when it bottoms out. I started building these businesses at the end of last year, but I wish I started earlier so I could have a well oiled money making machine heading into this year.
@TheBestWill Жыл бұрын
I LOVE your comment! It's so important to look into the future and plan ahead!
@mwu0088 Жыл бұрын
Glad I came across your channel! Thank you!
@TheBestWill Жыл бұрын
I'm so glad!
@vanwinklemeister Жыл бұрын
It’s nice to find something that isn’t a weird financial grift.
@Here4TheHeckOfIt Жыл бұрын
Great Ted talk. Thanks!
@TheBestWill Жыл бұрын
Thanks - and look out TED, here I come!
@DebraJFrank Жыл бұрын
love your logical thinking in simple steps!!
@TheBestWill Жыл бұрын
Thank you, Debbie!
@NoyeMetal444 Жыл бұрын
Great video! I really like your channel. Any ideas on on other/ extra income during a recession or depression? I would to see a video on that topic.
@marcs6065 Жыл бұрын
Seems right on the money to me. Funny, I had almost the exact same conversation with a friend while driving this weekend.
@TheBestWill Жыл бұрын
Talk about timing - now the market crash seems to be resuming.
@alicenyw1872 Жыл бұрын
Thank you for the insight! It's really nice to see it being more realistic. Do you think buying myself a first home as a young person after a recession will be easier than now? I don't have much at the moment but perhaps after the recessions, it could become more affordable?
@kevindotson3552 Жыл бұрын
What do you think about two separate economies. The stock market and the blue collar economy. Wedges for some up 100 percent and still can't get workers. Don't believe what China says but what that do.
@TheBestWill Жыл бұрын
If the economy slows, that could be bad for Blue Collar workers (depending on industry). You're right, the stock market is often disconnected from the economy. The market might be strong when the economy is weakening or vice versa.
@obrienortega6942 Жыл бұрын
My strategy is simple, hoard cash, dollar cost averaging, REPEAT. Don’t over complicate things. DONE!
@TheBestWill Жыл бұрын
Totally agree. DCA as the market declines. People get scared when the market falls and don't want to invest, but that is when we should be buying back in (dollar cost average).
@WeTHINweekly Жыл бұрын
Thank you for making complicated subjects less complicated. Regarding your question about other income persuits, might it be publishing - create short punchy books on your endeavors. And in addition paid public speaking engagements. ✨MJ WeTHIN
@TheBestWill Жыл бұрын
Wonderful, thank you for your compliment and comment!