Chapter

The Ups and Downs of Entrepreneurship
listen on Spotify
05:33 - 12:04 (06:31)

The speaker reflects on his past experiences as an entrepreneur, particularly during challenging times, and shares insights on the business world's unpredictability and the importance of adaptability. He also discusses his perspective on the future of the real estate market.

Clips
Ramsey discusses the opportunity for financial gain during a recession and suggests using this time to be introspective, pivot, and try new things.
05:33 - 06:40 (01:07)
listen on Spotify
Recession
Summary

Ramsey discusses the opportunity for financial gain during a recession and suggests using this time to be introspective, pivot, and try new things. He also notes that job loss can be a chance to find a career you truly enjoy.

Chapter
The Ups and Downs of Entrepreneurship
Episode
938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
Podcast
The School of Greatness
The pressure of a crisis forces you to rethink and reset, leading to positive changes such as getting out of debt and building an emergency fund.
06:40 - 07:33 (00:52)
listen on Spotify
Financial Preparation
Summary

The pressure of a crisis forces you to rethink and reset, leading to positive changes such as getting out of debt and building an emergency fund. Being financially prepared also allows one to take advantage of opportunities during downturns such as buying real estate when prices are low.

Chapter
The Ups and Downs of Entrepreneurship
Episode
938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
Podcast
The School of Greatness
The COVID-19 shutdown has affected 100 families' jobs for every case of the virus and is expected to further impact the real estate industry.
07:33 - 10:02 (02:29)
listen on Spotify
COVID-19
Summary

The COVID-19 shutdown has affected 100 families' jobs for every case of the virus and is expected to further impact the real estate industry. The recovery depends on how soon people can get back to work.

Chapter
The Ups and Downs of Entrepreneurship
Episode
938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
Podcast
The School of Greatness
The speaker reflects on how the economic challenges of their early adulthood were both difficult and a gift in developing important skills and business sense.
10:02 - 12:04 (02:02)
listen on Spotify
Adulthood
Summary

The speaker reflects on how the economic challenges of their early adulthood were both difficult and a gift in developing important skills and business sense.

Chapter
The Ups and Downs of Entrepreneurship
Episode
938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
Podcast
The School of Greatness