YEL 195 - How to Capitalize and Make Money in the New Economy

05/14/20 • 18 min

Episode show notes.

Is the Great Lockdown starting to make you feel hopeless at making real money?

Watching the daily news talk about the rising number of COVID-related deaths and the disastrous impact this lockdown is making on the global economy can have you feeling like no money is being made by anybody right now. Well, let me stop you right there.

I remember a very successful friend of mine telling me that when the economy is down, the money doesn’t disappear. It just transfers hands and it goes to the people who understand how to become more valuable at a time like this. Did you know that 76% of businesses started in a depression or recession?

If you can shift your perspective, if you can cut back on watching the negative news and start being around or listening to successful people who you know will have a positive influence on you, your lifestyle, and your income, then there’s no stopping you from beating this COVID-induced recession.

Join today’s podcast episode where Peter reveals the 5-step proven framework on how you can capitalize and make real, sustainable money even during a necessary lockdown!

This adapt-or-die new economy has got a lot of people on their knees. Find out how you can survive financially AND thrive while the world is upside down from Peter Voogd’s recession-proof package here: https://peterjvoogd.com/Recession-Proof

In this episode, you will learn...

The 5-step framework on how to capitalize and make money in the new economy
Why you should understand that business is business
The 3 things you should invest in once you start making money
How to inject variety in your online content

Quotes:

--> When the economy goes down, the money doesn't disappear. It just transfers hands.

--> Trying to make four incomes at once work is gonna be nearly impossible and you'll be mediocre in every one. If you try to catch two or three rabbits, you'll catch zero.

--> But now you wanna make money work for you. Because if you only work for money and if you only trade time for money, you're gonna work the rest of your life and you'd just have a high-paying job.

Question:

ARE YOU READY TO RECESSION-PROOF YOUR INCOME?

Episode show notes.

Is the Great Lockdown starting to make you feel hopeless at making real money?

Join today’s podcast episode where Peter reveals the 5-step proven framework on how you can capitalize and make real, sustainable money even during a necessary lockdown!

In this episode, you will learn...

The 5-step framework on how to capitalize and make money in the new economy
Why you should understand that business is business
The 3 things you should invest in once you start making money
How to inject variety in your online content

Quotes:

--> When the economy goes down, the money doesn't disappear. It just transfers hands.

--> Trying to make four incomes at once work is gonna be nearly impossible and you'll be mediocre in every one. If you try to catch two or three rabbits, you'll catch zero.

--> But now you wanna make money work for you. Because if you only work for money and if you only trade time for money, you're gonna work the rest of your life and you'd just have a high-paying job.

Question:

ARE YOU READY TO RECESSION-PROOF YOUR INCOME?

Previous Episode

YEL 194 - How to Make Millions During a Market Crash feat Robert Kiyosaki

Episode show notes.

Are you handcuffed to the idea that you need a job to be wealthy?

While traditional education sets an early foundation for your literacy, it does not make you competent to make informed decisions that involve all your financial resources. Without a know-what and a know-how, you’ll find yourself 70 years old and still living the most average life, if not broke.

And with a pandemic that continues to threaten the dollar and puts us in a deep recession, how do you intend to survive without so much as financial education?

Robert Kiyosaki, author of best-selling personal finance book, Rich Dad Poor Dad, gets in-depth with Peter Voogd about how the book came to be. Robert is an investor, entrepreneur, and a celebrated financial literacy advocate.

Robert Kiyosaki sold over 40 million copies of his Rich Dad, Poor Dad financial book series which changed the way tens of millions of people view and use money. He is known for his compelling communication style which appeals to all ages, making him a New York Times Best Seller for over 6 years and the most popular financial literacy activist.

Tune in to this week’s intense, value-packed podcast where Peter sits down with best-selling author Robert Kiyosaki of the Rich Dad, Poor Dad series to talk about how being stupid and almost flunking out of school made them actual millionaires!

In this episode, you will learn...

How Rich Dad, Poor Dad came to be and why it was a huge success
Why a lot of rich people today are school dropouts
Why you should check between your left ear and your right ear
How to make millions during a market crash

Quotes:

--> The primary reason most people aren’t wealthy is because they went to school. (PETER VOOGD quoting ROBERT KIYOSAKI)

--> The economy's between this ear and that ear, you know. There's the world out there. But the real crisis is between your left ear and your right ear, and your heart. — ROBERT KIYOSAKI

--> I'm not gonna change Wall Street. I'm not gonna change the Fed. But I can change me. — ROBERT KIYOSAKI

Question:

WHEN WILL YOU GET OVER YOUR FEARS OF BEING EXTREMELY WEALTHY?

Next Episode

YEL 196 - How the Top 1% Adapts & Pivots During Economic Crashes Part 2

Episode show notes.

Is lockdown anxiety keep you from picking up the sport of entrepreneurship and building wealth?

Overcoming this economic downturn does not take a lot of guts. But it does need you to crush fear because the real epidemic right now is that - fear. Adapting, preparing, and adjusting the way you do business and earn money are your lifelines and what will ultimately transition your efforts to something that will yield real money during the quarantine.

How are you preparing your business to come back stronger? Where are you putting your money right now? Are you doubling down? Or are you taking the path of least resistance?

If you’re serious about coming out on top, you gotta reinforce your mindset, your discipline, and your motivation. Use and abuse this quarantine time to take advantage of opportunities provided to you by available resources. Move quickly. Adapt. If you need to pivot, pivot and act fast!

A curation of value-packed interviews that best explain how you should be adapting to the economic effects of the coronavirus, Peter presents in this week’s podcast six of the greatest game-changers in the country who have achieved tremendous success in their respective fields:

GERARD ADAMS

Investor, philanthropist, and trusted advisor for conscious founders

BEDROS KEUILIAN

CEO of the most popular indoor fitness boot camp, Fit Body Boot Camp HQ

NICK BARE

CEO of sports nutrition supplement company, Bare Performance Nutrition

CODY SPERBER

Real estate mentor and Founder & CEO of Clever Investor

TAREK EL MOUSA

Self-made celebrity real estate investor and host of Flip or Flop on HGTV

ROBERT KIYOSAKI

Author of international best-seller personal finance book, "Rich Dad Poor Dad"

These self-made millionaires are on top of the coronavirus as they continue to build wealth even during economic crashes simply because they know what it would mean if they do not immediately pivot and adapt.

Tune in to this week’s mashup podcast where six of Peter’s wealthy, resilient, game-changer friends talk about how you can adapt and pivot during a madly worrying economic crisis!

In this episode, you will learn...

Where to put your cash during the COVID crisis
Why you should take the money from government
How to pivot without looking opportunistic
The importance of adapting and moving fast

Quotes:

--> The best investment you can make is in you. GERARD ADAMS

--> Anyone that's not using the quarantine time right now to reinforce their mindset, their money, their motivation, their discipline, they're fools. BEDROS KEUILIAN

--> If you're not moving fast because of fear, once that fear catches you, you're gonna be moving fast. TAREK EL MOUSA

Question:

WHAT IS THE BIGGEST SHIFT YOU’RE MAKING TO ADAPT TO TODAY’S ECONOMY?