The GaryVee Audio Experience #AskGaryVee With The Legend Tony Robbins | #TBT from 2017
Mar 28, 2019
In a compelling discussion, Tony Robbins, a self-help and business coach known for his transformative teachings, explores the art of financial freedom. He emphasizes that investing should operate like a money machine and stresses the importance of creating structured systems for success. Robbins shares powerful insights on the role of gratitude in enhancing emotional well-being and personal growth. With practical advice on navigating economic downturns, he highlights the significance of long-term strategies and wise investments.
AI Snips
Chapters
Transcript
Episode notes
Building Businesses During Crashes
- Gary Vaynerchuk built Wine Library and VaynerMedia during market crashes.
- He leveraged the 9/11 and 2000 crash for Wine Library and the 2008 crash for VaynerMedia.
Timing the Market
- Don't try to time the market, as it's impossible to predict crashes consistently.
- Instead, stay invested and prepared for market fluctuations, as corrections are inevitable.
Automate Investments
- Automate a percentage of your income into investments, regardless of the amount.
- This consistent investment strategy builds wealth over time through compounding.