Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.

Here's what we're looking for, the economy, like the stock market, goes in three directions, right? And only three directions. The first direction is, say it with me up, you guys catch on quick, good, up, that's our first strategy, our up market strategy. When the economy is on the way up, consumer preferences go towards higher fees, and the velocity, the economy speeds up. We feel we want to get back what we feel we lost, which is our time, so I'll pay more. I will pay your premium in an up market. Okay. The second direction the economy or the stock market goes is which way sideways. Linear who–who got technical on me? Way to go. Thank you, sir, alright. In a sideways market, which is what we are in right now. By the way, we are in right now. You need a premium model. Now premium doesn't necessarily mean just dollars free. It could also be risk-free.

 

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.