Read Millionaire Fastlane
I've Read UNSCRIPTED
- Jul 23, 2007
"Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.
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Russ - If you're hurting, Marriott or other publicly traded tourism based industries are probably hurting also. Have you thought about hedging yourself by shorting some of those industries?Yeah, tell that to a guy who runs a hotel-- and has his entire cashflow model built on recurring revenue from tourism (ie, people staying at the hotel).
If we get cancelations and people stop coming, we're in for a world of hurt.
We're not dwelling on this, though-- can't change what you cant change. Working on what we CAN do.
Edge,Russ - If you're hurting, Marriott or other publicly traded tourism based industries are probably hurting also. Have you thought about hedging yourself by shorting some of those industries?
Amen, sister!Your brilliance never ceases to amaze me. I love learning from you and still wish that I could grasp 1/2 of what you say.
I agree... and it leads to a really interesting topic. I would love to see more discussion on how to find the balance here.I think, sometimes, people get so focused on their one trick pony, they forget to put safeguards in place....or they just don't know enough to bother.
Not saying it's necessarily relevant to this conversation (i.e., I'm not making any statistical analogies), but here's a statistic that adds a bit of context to our fears...
IN THE UNITED STATES, AN AVERAGE OF 36,000 PEOPLE PER YEAR DIE FROM THE FLU.
Remember, when you kiss a little boy, you're also kissing every pig that little boy has ever kissed...It just takes one spark to start a forest fire, one punch to start a fight, and one pig kisser to start a pandemic.
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