Carl-Gould-#70secondCEO-When the Market is Going Down
Manage episode 453927586 series 2943616
When the Market is Going Down
Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.
You just lost your job, or someone you know lost their job. So, just to stock up while they're gonna be unemployed, they go out and buy a new car, stop at Best Buy, pick up a new TV, and then stop at another store and load up on all brand new clothes. And they come home, and they say, look, I was just thinking ahead. Oh yeah, oh by the way, just lost my job. So I bought a new car, I bought some appliances, and I bought clothes. What would you tell that person? Or besides getting out, I was thinking of bringing it back, but get out, okay, all right. Bring it back, get out, get this stuff out of here. What were you thinking, right? But what if you said, hey, so you know, I know I just lost my job, it's gonna be some time. But you know what, there's a club where we can make, we just pay a small membership fee and we can take advantage of economies of scale and bulk purchasing. So I thought I would do that during that time.
Which one sounds like a more reasonable purchase? The club, and that's why they're so popular, okay. So we need to have some sort of bundle, a freemium and a premium. You guys good with that?
Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.
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