{"id":19327,"date":"2020-12-15T09:00:00","date_gmt":"2020-12-15T09:00:00","guid":{"rendered":"https:\/\/jdthomson.com\/?p=19327"},"modified":"2022-07-11T10:03:42","modified_gmt":"2022-07-11T10:03:42","slug":"journal-3","status":"publish","type":"post","link":"https:\/\/jdthomson.com\/journal-3\/","title":{"rendered":"Journal 3: Good Riddance &#8211; RIP 2010-2020"},"content":{"rendered":"\r\n<p>Hello World<\/p>\r\n\r\n\r\n\r\n\r\n<p>Hope you\u2019re doing well and staying safe in this weird times we find are selves in.<\/p>\r\n\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Another prospective:<\/h2>\r\n\r\n\r\n\r\n<p>I know it\u2019s been a really rough time lately for everyone in the world, with people getting sick and business going under. So, to take a break from the normal Bad news I would like to present a different prospective on how business owners should be thinking about their futures.<\/p>\r\n\r\n\r\n\r\n\r\n<p>I am in know way saying that crisis or the bad things that happen in a crisis is a good thing, but you do need to think positively to help move your business forward.<\/p>\r\n\r\n\r\n\r\n\r\n<p><em>(the below is mainly talking about a financial related crisis which COVID-19 has become for most businesses) \r\n<\/em><\/p>\r\n\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">RIP 2010-2020<\/h2>\r\n\r\n\r\n\r\n<p>Goodbye to 10 Years of peak everything. Goodbye, Good Riddance to 10 Years of peak everything.<\/p>\r\n\r\n\r\n\r\n\r\n<ul>\r\n\t<li>Good Riddance! Peak housing market (And we thought the last bubble was insane!)<br><\/li>\r\n\t<li>Good Riddance! Peak hype and hysteria (The Gartner Hype Cycle)<br><\/li>\r\n\t<li>Good Riddance! Peak content (= impossible to keep up)<br><\/li>\r\n\t<li>Good Riddance! Peak Television.<br><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>You may remember 2010 \u2013 2020 as the golden age\u2026 I call it the era of peak distraction!<\/p>\r\n\r\n\r\n\r\n\r\n<p>This is the fourth shit storm I\u2019ve experienced in my professional life (and I\u2019m not even 30 yet).<\/p>\r\n\r\n\r\n\r\n\r\n<p>I knew something was coming, because history\u2026 weather that be a financial crisis or something else, I just didn\u2019t know when or what<\/p>\r\n\r\n\r\n\r\n\r\n<p>I asked a wise friend of mine, once how do you know when a crisis will happen.<\/p>\r\n\r\n\r\n\r\n\r\n<p>He said \u201cthink of this like a baseball game. It might feel like the 8th inning now, but we are going to extra<\/p>\r\n\r\n\r\n\r\n\r\n<p>innings!\u201d<\/p>\r\n\r\n\r\n\r\n\r\n<p>Not a baseball fan? Let me explain\u2026<\/p>\r\n\r\n\r\n\r\n\r\n<p>The problem? All games must end at some point\u2026 So we knew it was inevitable, but when would it happen?<\/p>\r\n\r\n\r\n\r\n\r\n<p>I read the opinions of many people on the Internet, and still had no idea\u2026  Not to mention being court by surprise by COVID-19.<\/p>\r\n\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Timing these things is impossible:<\/h2>\r\n\r\n\r\n\r\n<p>Timing these things is impossible. I have been excited about a correction for years\u2026 (Just no one like this) Why? Because the market was already over\u2026<\/p>\r\n\r\n\r\n\r\n\r\n<ul>\r\n\t<li>Over-hyped<br><\/li>\r\n\t<li>Over-saturated<br><\/li>\r\n\t<li>Over-valued<br><\/li>\r\n\t<li>Over-priced<br><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>Now it\u2019s like everything\u2019s on sale.<\/p>\r\n\r\n\r\n\r\n\r\n<p>It&#8217;s time to rebuild, With great opportunities ahead.<\/p>\r\n\r\n\r\n\r\n\r\n<p>When markets are on the way up, it\u2019s easy to get consumed by FOMO.<\/p>\r\n\r\n\r\n\r\n\r\n<p>Grass is greener\u2026 Other business models are sexier\u2026 Someone is making money easier\u2026<\/p>\r\n\r\n\r\n\r\n\r\n<p><strong>Laptop Millionaires, Rented Lambos\u2026 <\/strong>It\u2019s all over now.<\/p>\r\n\r\n\r\n\r\n\r\n<p>There are much fewer shiny objects to chase, and those luxuries we \u201cmust have\u201d are deeply discounted. This is the best thing that could happen for growing your future business.<\/p>\r\n\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">What really matters:<\/h2>\r\n\r\n\r\n\r\n<p>When things go poorly, focus on the future. It\u2019s OK to be upset about recent events, but it\u2019s the future that defines you and your business.<\/p>\r\n\r\n\r\n\r\n\r\n<p>Let\u2019s give 2010-2020 a Viking funeral<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Hello World Hope you\u2019re doing well and staying safe in this weird times we find are selves in. Another prospective: I know it\u2019s been a really rough time lately for everyone in the world, with people getting sick and business going under. So, to take a break from the normal Bad news I would like&hellip;<\/p>\n","protected":false},"author":1,"featured_media":19326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"order-bump-settings":[],"_wpfnl_thankyou_order_overview":"on","_wpfnl_thankyou_order_details":"on","_wpfnl_thankyou_billing_details":"on","_wpfnl_thankyou_shipping_details":"on"},"categories":[91,214,219],"tags":[119,58,80,4,59,6,114],"_links":{"self":[{"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/posts\/19327"}],"collection":[{"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/comments?post=19327"}],"version-history":[{"count":0,"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/posts\/19327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/media\/19326"}],"wp:attachment":[{"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/media?parent=19327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/categories?post=19327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jdthomson.com\/wp-json\/wp\/v2\/tags?post=19327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}