
Episode
A CONVERSATION WITH TRICKY MARKET
TRICKY MARKET
Feeling confused in today’s market? Don’t worry, you’re not alone:
— Everyone agrees that the 2010 to 2020 bull run has ended.
— Worries of recession have grown exponentially.
— The real estate market continues to blow expectations (for both good and bad).
— Government spending is off the charts.
— Plus it’s much, much harder to raise money right now.
For all the founders and business leaders who are out on the front lines and trying to figure out what to do, I’d like to share a thought I’ve been having recently:
“Anyone can raise capital in a good market, but only the exceptional can do it in a down market.”
While this time might feel uncertain and financing feels scarce, remember that it’s during times like these that the greatest businesses/funds/financial opportunities are created.
I’ve seen many companies grow really big during the easy times, but then get absolutely overwhelmed and crumble during the hard times.
I’ve also seen small companies struggle to grow during hard times, but this gives them the strength and lessons necessary to really thrive, so that when the good times come they take off like a rocketship knowing that when the hard times come again, they’ll be okay.
Personally, I’d rather be in the second group.
When I was at Vivint, there were so many times that we wondered if any of this was actually going to pay off. But we pushed forwards anyways, and the troubles we encountered ended up bringing the necessary change that helped us to find success in the end.
The only way out of this is through it. Remember you are worth the work it will take to push through to the other side.
Be empathetic of your journey and the lessons you’re learning during this time. Believe in yourself enough so that when you fall you can stand back up, dust yourself off, and keep climbing.
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