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How Contrarians Get Rich and Powerful During Crises


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Why Should I Know How Contrarians Get Rich and Powerful During Crises?

  • It will help set you up for long term wins
  • It will help you see opportunities in chaos and danger
  • It will help you be a contrarian and innovator
  • What Do Contrarians Do During Crises?

    • Focus on the #1 High-Performance Trait: Confidence (Self-Efficacy)
    • It has been proven through research that Confidence is the number one high-performance trait. 
    • Confidence is a feedback cycle of believing in your competence, which gives you confidence, and so on.
    • T-Shaped skills are critical. There is broad knowledge, but a focus on how to solve the deep strategic problems of your industry.
    • Having a high focus, without jumping back and forth without having "shiny object syndrome" is more important than following trends for a short amount of time.
    • If e-Commerce looks attractive due to a trend (i.e., Coronavirus),  and you spend very little time and commitment to focus on e-commerce, people who have been interested in e-commerce for years will take you out if you aren't willing to have large commitment and focus
    • The grass isn't greener on the other side; it's greener where you water it

    • How Get Rich and Powerful During Crises

      Weekly, reflect:

      I had "shiny object syndrome" when ________

      I will make the most out of chaos by ________.

      My top strategic skills are ________.

      ...more
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      Natu.ioBy Natu Myers