Everything came closing down… This Friday doesn’t seem like other Fridays. I haven’t walked outside in 10 days. Ok, I got two Whole Foods deliveries but in total that accounted for 10 minutes outside my room! The visa process is still going on. In about a couple of days, I’ll get to know how I need to plan for the rest of my year and beyond.
So I returned after a journey that was like no other. The journey itself was pretty smooth but the environment around the trip was harrowing. When we left from here, there was no pandemic and borders were relatively open. The economy was hurt but governments around the world had not churned out trillions of dollars in economic stimulus programs.
Right now people across the world are hankered down at their places of residence and working from home. Most large companies are supporting remote work policies, though most leaders are also actively looking at cost cutting measures. The common man is unable to go out of their house and spend, which means that retailers like Walmart will not generate growth in earnings, which means means the the stock market will not post growth, which means traders will not make money on their investments, which means banks will churn profits. All in all to say that the economy will, already has started to slow down. The question isn’t when will it happen, it’s more like how long will it take to get back to normal.
This would be a good time to step up the learning curve. Weather through corporate learning programs or through personal courses on websites like udemy, coursera or other learning institutions. Times of financial stress is when it’s a good idea to get re-skilled and prepare for a time of boom after this slow period. Am I being unnecessarily optimistic? No, I think this is the only practical way around it. Am I being pessimistic about the near future? No, the streets down below are empty and this is downtown Atlanta. One of the most bustling metropolises’ in the world.
Here at a training / offsite training workshop. Relates to business and product marketing. I was conflicted whether I should come to this or not. The company had some budget allocated to training so I raised my hand. The institute had a good training. It was definitely a good refresher. I wouldn’t say it’s something that alone can change a mindset. Like anything else in life the principles need to be practiced.
The whole 3 day workshop had foundations, market and pricing. I liked the pricing workshop. It was more related to my day to day function and tasks.
I’m also traveling soon. There’s a deluge of good and news on the Coronavirus. I’m more concerned about my mum who’s traveling on an international flight with me. It is not safe and if I could I would delay my travel but it’s complicated with my visa situation. On the side I’m also looking at options in Canada. BJJ continues on the side. Will be on hold for a couple of weeks now.
I do want to think more about price strategies during a high demand surge and the price gouging and what the difference between those two things. This might be my PhD thesis.
Love and Peace,
Another in the trains series. Train #5
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Tim Ferriss's 4-Hour Workweek and Lifestyle Design Blog. Tim is an author of 5 #1 NYT/WSJ bestsellers, investor (FB, Uber, Twitter, 50+ more), and host of The Tim Ferriss Show podcast (400M+ downloads)
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After all those blogs I've written throughout my journey, I've realized a lot of them have content that is sometimes irrelevant or innapropriate. However, the nature of my writings was personal and not for publication and hence I did not ammend them grammatically or factually. This is the nth version of a space where I can write about the challenges I and many others face. I have made errors, I have accomplished a little bit and this is my archive. My error prone perspective on the world before I leave.
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