The year 2020 has been difficult for everyone and you are likely to have learned some lessons along the way. Listen in today as Jay discusses how this year taught him to always being prepared for unforeseen circumstances, how to make things happen rather than waiting for things to happen as well as understanding that this too shall pass, and soon a new sense of normality shall resume.

KEY TAKEAWAYS

• Don’t put starting your business idea off. The pandemic has taught us that if you have an idea, go for it because you never know what is just around the corner. If you have got a good idea, just go with it and execute it quickly. More doing, less thinking. You will learn more by doing something rather than just thinking about it.

• Don’t wait for things to happen, make them happen. Many people are waiting for things to return to normal however the truth is things may never return to ‘normal’. It is how you react to the ‘new normal’ which will make all the difference, you have to make your business moves now and don’t wait for things to return to how they once were.

• Always be prepared. It is always important to have a plan to pivot when a crash comes, always plan like you anticipate something is going to happen. If you’re prepared for an unforeseen market crash, you can move and adapt quickly.

• This too shall pass. Things will get back to some sort of normality in the future. Don’t stress about things so much, if you’re making the right pivots and trying to move yourself forward then you will get past this situation. The market always comes back, it is where you are going to be in that chain of thoughts.

• Keep focused and surround yourself with the right people. Mentors are great because they will push you in the right direction. A mentor will always look at a solution to your problem and will help you to find ways in which you can move forward. They will look at their past experience and use this to allow you and your business to move in the right direction.

BEST MOMENTS

“I don’t think anybody has been through this before and I don’t think anybody’s been able to analyse it.”

“This was a market crash like we’ve never seen before. We’ve never seen the amount of money that has been pumped into the economy and the amount of wealth that has been created.”

“You have got to look at how you can pivot, and then make the move.”

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