Lockdown! 3 Types of People Evolving Through the Coronavirus Pandemic Quarantine
Thinking about this situation that we are in (the pandemic), it is certainly not fun. It is not fun for a majority of the people out there. Everybody is forced to stay home in quarantine. But it is times like these that you tend to reflect. You have a lot of free time on your hand and so, you tend to let your mind wander around.
I have been thinking about my entrepreneurial journey as well. I have been thinking some of the decisions I made, the good, the bad, all of them. I have been going over the successes, the failures, the things I did right, the things I did wrong. And I have been observing so many people going through the same situation right now.
My moment was 1999. My moment to make a lot of bad decisions was 1995 and 1996. And it exactly through those decisions, through those mistakes, I told myself at that point that listen, I’ll never put myself in a position where I financially compromise my future. And when I realized coming out of the marine corps, that I had one source of income, I had one person telling me that I was good enough to get promoted.
In such a case, if one mistake happens or one emergency happens, you got to wait for your next paycheck to make up that mistake. My margin of error was so small and I was thinking about my future in the backdrop of all of this. At that time I was thinking of my children. I was thinking about their future. I was asking myself, “Will daddy be in a position to walk around the neighborhood during the middle of a pandemic, during the middle of a potential recession and still be at peace.”
Right now, millions of people are filing for unemployment in the US. In the beginning, it was 6 million, then it was 10 million and now it is at 16 million. If you want to make your life better, it is your moment to pivot. Right now, there are mainly 3 types of people out there.
The first type is people who are cool with their unemployment benefits. They are comfortable with receiving their stimulus checks.
The second type is people who have gone through similar pain before. They might have gone through the dot com bubble or the 2008 financial crisis. These people have shifted since then and are ready. The third type is those who have some kind of income, job, or business. These people need to adapt, learn new skills, and improvise.
This world is going to get back to who is willing to get up and get to work. And that’s one thing I am teaching my kids. If I was in your position, I would be working extra hard. Because in the end, it pays off. What we do now, will define the next few decades of our lives.