Ask Jim Miller

MMPT: 2021 Market: Survival Tip #1


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Team, my advice to you as my 2021 Market: Survival Tip #1, set the expectation for yourself that it is going to be a challenging market, fruitful, but difficult in ways we have not experience before. Do not take the losses personally nor get to too high with the wins. Once you're done setting that expectation with yourself, set it with your clients, your partner, your family and your inner circle. If everyone knows the playing field, the lows will not be near as low. Once you've that, go through my list of 7 things that I discussed earlier in call and set a flight plan for until Oct 1. This plan will allow you to get 1% better every day while executing this market.
Once you're done setting expectations, adjusting to your new plan, sprinkle both with a lot of gratitude. Gratitude has a way of always bringing things back into perspective.
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