Episode-2842- Being Bold in the Face of Fear
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Today my Miyagi Mornings video was about the difference between entrepreneurs and business owners and it got me thinking about being bold when others are in a state of fear. More it made me think about how big the opportunity is for those that think this way.
And friends, there has never been a time in my life where I have seen more irrational fear in the average person. I recently saw a meme that said something like, “in 2020 people became so afraid of dying they stopped living”. Many laugh at this type of statement, it personally makes me sad.
The other side though is I do see the opportunity! Famous investor Warren Buffett once said, “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”. He was speaking of course solely about investments, but as we will see today that mindset is useful in many ways.
Join Me Today to Discuss…
- Why fear is an opportunity, simply because it is a problem
- How have we become so fearful as a species
- What can you do about it?
- Personally opt out of living in fear
- Accept that you can’t do much to wake up others except being an example
- Find opportunity and take advantage of it while others are “waiting for things to get better”
- An example of being brave from expert council member Nicole Sauce
- Understand that fortunes were build during the Great Depression
- Those who today own a significant crypto holdings, took action when other were fearful
- Some ideas for side hustles and entrepreneurship
- Hipcamps, AirBnBs, Tiny Home Rentals, etc.
- For hire construction assembly work (like say shed set ups)
- Grub Hub, Uber Eats, Amazon Deliveries, etc.
- Food production but I think (coop delivery is the lay up)
- Guide services – vacation, hunting, fishing, etc.
- The six steps necessary in mindset for this time to be your time to build real wealth
- First what I mean by wealth here, was said best by Buckminster Fuller
- Everything you are told by media is exaggerated and always will be, same for government
- Turn of the f*&king news (podcast about this)
- Realize many people you love are living in fear, don’t turn away from them but don’t let it infect you
- Do what you can to prepare for bad times, then get on with living
- Believe in yourself, I know this sounds corny but it is true
- Learn to be at peace when others are not, it isn’t that hard, really
- First what I mean by wealth here, was said best by Buckminster Fuller
- Final Thoughts
Resources for today’s show…
- Follow Life With Jack on Instagram
- TSP Facebook Group
- Join the Members Brigade
- Join Our Forum
- Walking To Freedom
- TspAz.com
- TSPC on Discord
- TSPC Group on Telegram (group chat)
- TSPC Telegram Channel (just messages from me)
- Jack on Parler
- Jack on MeWe
- Join Me on Odysee
- Buy Bitcoin on CoinBase
- Tuesday Afternoon – The Moody Blues
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I don’t disagree with you on any of this and it really is the the way to succeed. Kudos to you to present this info. The one thing that I think has been confused in some of the conflict is to say that fear or being scared is necessarily a bad thing. It is a normal human and animal response to danger to experience acute reactions that tell you a situation that calls for a fight or flight response. I was a firefighter for over forty years 33 years of which it was my full time job. My training and experience accumulated and it was often later only the real bad situations that triggered the fight or flight responses. Of course I was being paid to fight so I did so within the limitations of my training and experience making decisions of benefit compared to risk and only risking life when the risk had benefit like in saving the life of someone trapped. In the early days when I was called into a dangerous situation I was scared but I still did my job. I think an honest fighter pilot would tell you they are scared when facing the likelihood of a dog fight, or a person that disturbs a bear in the woods and is faced with that crazy danger – they better be scared. I think it is an assumption now that because people are avoiding social contact that it is out of fear. I would disagree in that they should have a healthy dose of being scared of an infectious disease that both kills and leaves long term health consequences. But if they can follow guidance on how they can protect themselves they can avoid getting sick as well and avoid giving the disease another place to spread to. They can still do all the things you said about “when the going gets tough the tough get going.” Just follow accepted disease avoidance guidelines. Honestly I have not seen anyone with their hair on fire and panicking. There has been enough fear in hospitals by staff and patients over the last year when they wonder if they will make it out alive or removed with a toe tag in a body bag. But I haven’t seen any of them panicking – just saving lots of lives while failing at many more attempts.
Yes people may not be pushing their boundaries as much as usual and not trusting the disease avoidance and spread recommendations and making it or in fact thriving in spite of the disease. I think there are even some people who have not seen the real danger and felt the fear and in some cases may have mislead people into believing there is no danger. So people need to be smart and learn what the dangers are and take proper precautions and make decisions for themselves.
Yes being bold in the face of fear is the best response but fear and being scared when you know there is danger is not a bad thing. People should become aware of the danger and understand how the disease works then work within the limits of their protective equipment just like I did as a firefighter.
Those are some great ideas about opportunities especially services like assembling stuff people purchased. Keep up the good work.
Great Show Jack, Good reminder that Fear can be a good tool. I think it was 2008 when I gave my self a shot to get over the fear bug. and now, When it tries to sneak in to my skull at times. I say F this shit and get my focus back to the important stuff. I realy appreciate all that you do for us.*;*
Brent in PEI:
I was listening to J Bravo on Youtube, he was mentioning Turo as a side hustle. Get a few cheap cars and rent them out. And as you mentioned, hire someone to manage it