A crisis is the best time to buy assets

The business owner is the same person. Everything that works in ordinary life for a non-businessman also works for a businessman. Sports, proper nutrition, a minimum of snacks and snacks, a sufficient amount of clean water, walks (without crossing with other people), the correct information field. I want to dwell on the last one in more detail.

Are there any tricks in the spirit of “turn off the panic, turn on the mind”?

Surround yourself with the right sources greece phone number data of information. After all, they will shape your perception of what and how is happening around. It is on the basis of the received information that we analyze what is happening, make decisions, and make plans.

Telegram is convenient for me to read articles, opinions and analytical longreads. Twitter is for quick, short news. And YouTube with a paid subscription for 150 hryvnias/month, which allows me to listen to news programs and opinions of people I’m interested in in the background and without ads.

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How to deal with the emotions of a business owner?

A crisis is a slowing down of all processes, up to their complete stop. The question is who is ready for such a development of the situation. Someone collected a financial cushion for a year and cash to buy assets at the right time. And someone lived are social networks essential in a web project in the present or simply did not have time to achieve sufficient profitability, which is why they are forced to reduce employees, close offices and businesses. Personally, I was not 100% prepared for this crisis, although this is the second major economic crisis that I have experienced. For the future, I noted the TOP 10 points that will always be in the memory of my head, especially when everything is going well.

Mobilize energy and focus on the situation

At home – the family budget. There are three aleart news pillars of finance at work: CashFlow, P&L, Balance Sheet. So you will be able to make informed decisions and monitor the dynamics of how the situation changes.

Cash is King. If it is on a time deposit, we withdraw it. Although the banking system is stable, it can still cause difficulties when withdrawing funds in a crisis. Cash money will be needed for salaries, rent, taxes, life

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