Certainly we could extend this mindset to owning a business. The difference in viewpoint of an owner compared to an employee is enormous. Owners have to be able to weather bad times and periods of slowing sales.

Again, it all comes down to mindset. Those who approach it with understanding, will not be caught off guard when it happens. Sure we never know exactly when but we do know it will come. All businesses have times that sales disappoint. That is why they tend to have prudent reserves. This helps them get through the tough times.

In markets, we know down prices will come. How we handle it is up to us.

Posted Using LeoFinance ^Beta