Many people are feeling afraid after the stock market took a dive over the weekend and this morning.
When markets take a dive, it can shake confidence—not just in investments, but in the broader economy and the future of your business.
But here’s something important to remember:
This isn’t the first time.
When things go south in life (or the stock market) you’ve got to fight the urge to make emotional decisions and instead get rational and look at historical data.
Historically, markets have bounced back—often faster than expected. In fact, in many cases, major market drops have reversed course within six months.
What feels like chaos today often becomes an opportunity to invest and to set yourself up for even bigger growth in the upcoming months.
Remember:
Millions are made by the bold and brave in down economies.
I’m not here to give you financial advice, but I am here to tell you that I’ve done really well in times like this by staying cool and by betting on myself and my businesses.
You’re an entrepreneur. You know that progress rarely follows a straight line. There are ups, downs, and curveballs—and yet, opportunity lives in the midst of uncertainty.
Here are a few things to keep in mind:
- Don’t panic. Panic leads to poor decisions. Stay grounded.
- Stay focused. Now’s the time to double down on your vision, your team, and your mission.
- Watch for opportunity. Some of the most iconic companies were built during economic downturns. Volatility breeds innovation.
Historically, the market and the economy have all survived and bounced back from the following crashes within six months to a year…
Dot-Com Bubble Burst (2000–2002)
Tech stocks, especially in the Nasdaq, crashed after years of speculation.
Nasdaq lost about 78% from its peak.
Global Financial Crisis (2007–2009)
Sparked by the collapse of the U.S. housing market and Lehman Brothers.
Major indexes lost more than 50% of their value.
Flash Crash (May 6, 2010)
A sudden, severe drop in the U.S. stock market over minutes.
Dow dropped nearly 1,000 points before recovering.
Chinese Stock Market Crash (2015–2016)
Shanghai index plunged by more than 30% in a few weeks.
Caused global market turbulence.
COVID-19 Crash (March 2020)
One of the fastest drops in history.
Dow and S&P 500 fell over 30% in a matter of weeks.
2022 Bear Market
Triggered by rising inflation, interest rate hikes, and geopolitical tensions.
S&P 500 declined over 20% from its high.
No one can control the markets, but you can control your emotions and actions and use this time to pivot, double down, and invest while the market is down.
Resilience and optimism are your greatest assets right now!
This is also why you need to be a part of a community of entrepreneurs and leaders who know how to navigate these times and win. That’s why I want you to join the Legacy Tribe coaching program so you can get guidance from me and top experts, leaders and entrepreneurs who are going to use this time to win even bigger in business and in life.
Legacy Tribe registration closes in 48 hours so this is your last chance to join!