As you know, I spend 50% of my time in the U.S.
I have an awesome apartment in historic Fells Point in Baltimore, and I LOVE being there to spend time with my teams at Dealmaker Wealth Society and PROX Capital Group.
Baltimore has become the hub for all of my business activity.
But as of right now, I can’t get there.
Last week, President Trump included the U.K. as part of the ban on travel from Europe due to the COVID-19 pandemic. Since I’m not a U.S. citizen – and my E2 investor visa is in process – that means I can’t travel to the U.S.
It doesn’t matter that I have tons of clothes, books and other personal items over there… For now, I have to stay in the U.K.
Am I angry?
That’s because I’ve done a REFRAME.
Before I explain what a reframe is, let me give you some context.
Human brains are very complex devices.
They filter everything you experience in the outside world via your five senses: sight, touch, hearing, smell and taste.
The three primary filters are sight, touch and hearing.
What we see… what we hear… and what we feel.
When something happens, we each filter it differently. As a result, we act differently.
Obviously, we can’t control what happens in the outside world.
Like the coronavirus.
We can collectively influence the outcome by maintaining strict hygiene and practicing social distancing, especially from the elderly or sick.
But the pandemic isn’t something you can control individually – so don’t worry about it. As people, we are a lot more resilient that you think.
I stopped worrying a long time ago about external things that I can’t control. Instead, I started focusing on how I react to these events… process them internally… and generate a positive spin.
THAT is called a reframe.
How you feel, your reaction, what you focus on and what you think are ALL things you CAN control 100%.
My reframe on my U.K. isolation is to be grateful for all the amazing things I have in my life…
If you remember, I moved into a beautiful new country pad just seven weeks ago – though I’ve spent less than two weeks there.
During that time I had to travel to Dubai, Miami, New York and Baltimore. Whenever I travel my family misses me massively… even though they support my passion to change the global small-business-buying marketplace.
This extended stay in the U.K. (probably 30 days or so) will allow me to enjoy my new home… spend some quality time with my family… and do everything I can to help my friends and my community reframe current external events.
In that spirit, here’s my advice to you…
Millions of people will decide it’s now time to sell their businesses. You will be able to acquire these for pennies on the dollar and pay for them over time using the seller’s own money.
This isn’t profiteering from other people’s misfortune.
Tens of millions of people want to sell their businesses, but they hold on until it’s too late.
Sometimes, things happen in the world that force sellers to take action. Natural disasters… elections… policy changes… geopolitical events… pandemics…
If a seller has had enough and owns a profitable business, you’re actually doing that seller a solid by taking it over and maintaining the legacy. Never forget that.
It’s a win-win.
So get ready by creating a deal specification.
If you could own any small business, what would it look like? What sector would it be in? Where would it be?
What would your role in the business be? Owner-investor or owner-manager?
What skills would you deploy into the business to grow it? Who in your network could help you add value to the business?
Start asking yourself these questions NOW.
And stay healthy. Be positive and be a leader to those who aren’t.
You guys are rock stars.
Until next time, bye for now.
Editor and co-founder, Dealmaker Wealth Society
P.S. Don’t forget! Adam and I are hosting a live Q&A session at 11 a.m. EST (3:00 p.m. GMT) TODAY. Tune in on the Dealmaker Wealth Society Facebook page and remember to “Like” the page for info on future events!