Every Sunday morning I like to write about 3 random things on my mind.
Sometimes these things are about business…
Sometimes they’re about about life…
And other times they’re just truly random.
So with that said…
Let’s hop into the first random thing on my mind this morning…
1. If you’re panicking because of crypto/stocks being down, you’re learning a valuable lesson about your risk tolerance
When I started investing, I started very conservatively…
Basically 70% index funds (stocks) and 30% bonds.
Since then I’ve taken more risks…
And I’ve realized I have more risk tolerance than I previously thought.
Like when the market dropped 30% when the pandemic hit, I was nervous, but I didn’t panic and sell anything.
And this past week when the entire crypto market crashed (some coins crashed 80-90%) I also didn’t panic and sell anything.
In fact, I bought more.
However, not everyone is like this…
My sister for example is VERY risk-averse.
She’s 34, and her 401k is basically what you’d have if you were 70 years old and not trying to risk anything.
It’s like 50/50 bonds and stocks.
Which won’t get her a lot of growth…
But that’s what she’s comfortable with.
If it was 100% stocks, she’d probably sell everything when the market dipped.
Which wouldn’t be good long-term.
Anyways, point being…
If you lost a good amount of money in the recent stock and crypto blood bath, it’s a good chance to assess what your risk tolerance really is.
Did you freak out and sell everything?
Are you checking prices 5x a day?
Is this keeping you up at night?
If so, these are signs you probably should be in less risky investments.
Which is good to know.
Cause everyone is different when it comes to this.
And figuring out what your risk tolerance is will save you a lot of money and help you avoid sleepless nights in the future.
Alright, let’s jump to the second thing on my mind this morning.
2. Getting your feet out of “normal” shoes is the best thing you can do for them
A few months back, I bought a pair of Vivo barefoot shoes.
If you’re not familiar with these, they look like regular running shoes, except the toe box is wider so that your toes can spread out (like they’re naturally supposed to).
Anyways, I’m really digging ’em.
I had the old-school Vibram “toe shoes” back in 2009 or so…
But I like these better.
Cause they look much more like normal shoes.
And I’ve noticed since wearing them, my feet feel a lot more “free”.
My toes aren’t so crunched.
And now when I have to wear “normal” shoes, I’m much more aware of just how uncomfortable they are.
Anyways, if you like trying new things, these have been a game-changer for me.
They’re great for walking/workouts etc…
And my feet feel a lot better in them.
Alright, let’s hop into the last thing on my mind this morning…
3. One of the smartest things you can do in your business is to simply do MORE of what’s already working
In 2021, I put real effort into building this email list up.
So I had some friends mail for it…
And over the course of the last 9 months or so, my list went from 3000 subscribers to 9500 subscribers.
Which is great.
It gets more people into the courses I put out…
It gets more people to our events…
And it gets more people into Copy Accelerator.
So it’s well worth it.
And it’s why I’m planning to do a lot MORE of it.
I’d like to get my list to 30,000 people over the next 12 months (while keeping the same quality of subscribers).
So to do that, I’m gonna double down on lead gen.
I’m gonna have more reports that affiliates can mail to…
And I’m also gonna start running some cold traffic on FB/Youtube for it.
Now this is not some earth-shattering business idea or anything…
Far from it.
But it works.
And whenever you have something that’s working, you should try to do MORE of it.
This is one of those things that’s very obvious once you realize it…
But most people don’t do it.
They wind-up looking for other stuff they can do instead of just doubling down on what’s already working for them.
Point being…
Once you find something that works, find a way to do MORE of it.
That’ll make you a lot of dough in the long run.
So you’d be wise to do it.
Alright, I’m gonna wrap this up…
Hope you got a nugget or two from my Sunday thoughts.
Enjoy your Sunday,
– Justin
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-> Mentor under Justin & Stefan—————
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