In this episode, I’ve invited Terry Tran of the freedomtrader.com to show us how we can spot, deal with and learn from previous recessions.
In this episode we discuss:
- [02:14] Updates on Terry’s life from the finance perspective.
- [03:29] Setting yourself up to be ready for a crisis.
- [04:42] Lessons to focus on from downturns.
- [07:43] Getting yourself ready after a downturn.
- [08:48] Knowing when to get back into the market.
- [09:30] 5 main key courses of a recession.
- [12:34] What people should be doing in the next 2 months.
- [14:25] Common mistakes people make during a crisis.
- [15:41] Things that have surprised him in the coronavirus situation.
- [17:37] The importance of creating wealth outside your business.
- [20:06] What surprises him at the moment.
- [21:50] Managing your emotional state when managing volatility.
- [23:58] Things business and practice owners should be thinking about.
Find out more
- The Freedom Trader
- Free: COVID Care Pack for Dental Practice Owners
- Scaling Summit
- Savvy Dentist Website
- Savvy Dentist Academy
- Savvy Dentist: Earn More, Work Less Video Series: 20 Pro Tips Created To Help You Power Up Your Practice’s Performance
- Dr Jesse Green Dentist Only Facebook Group
- Dr Jesse Green Podcast
- Savvy Dentist App on the App Store
- Savvy Dentist App on Google Play Store
- Savvy Dentist Facebook Group