What can we learn from rooting for the underdog?
There’s something about rooting for the underdog that our society totally loves. The little guy fighting against the big guy, the whole David and Goliath thing. And if you were watching the stock market last week, the same type of situation played out with the Gamstop stock. And if you have no idea what I’m talking about, Check out this video in the Wealthy Girls Club to see my explanation and why we should care.
What does this situation teach us about the stock market and why should we care? Specifically what can we take away from the events of last week?
You always have more power than you think.
The individuals who banded together to buy GameStop had more collective power than you might think. I’m sure you know someone in your life (just like I know a lot of people in mine) who just don’t understand how really awesome they are. They can’t see their own power!
Now whether you recognize your power or you don’t, I want you to take 10 minutes at sometime some point in time during this week to just really feel all of your amazing accomplishments from this week, month, and even year. And if there’s nothing that you feel like you accomplished, what amazingly nice things have you done for other people?
Never stop learning
If the GameStop situation has taught us anything I think it’s that we should never stop learning. There’s some part of me that has a tinge of pride for the investors who ran up the price of GameStop. Why is that? Because they learned something and took action.
What we can learn from the situation is that no matter what has happened in the past, there’s always a tomorrow. There’s always a chance to get back up. There’s always something we can learn. And, there’s always a way that we can rebound.
There’s always a way to make money.
Very frequently when I’m talking with people during a revenue strategy session, the big theme is that there is this one way that the client has made money and because of some circumstance, they can no longer make money that way.
There are millions of ways that we can make money, and by tapping into our gifts, we have the ability to shine a light on just a few of those ways.
Now, whether you bought stock or didn’t last week, I want to encourage all of you to keep up with what’s happening in the market, and like we saw at GameStop it could also be very entertaining.
If you’re in a situation like the one I described above and you don’t really know how you’re going to bring in money this year, schedule a revenue strategy session with me. Click here.