Becoming Entrefied with Patrick Hughes

ENT 71: Coronavirus Business Impacts and How They Effect You

February 20, 2020 Episode 71
Becoming Entrefied with Patrick Hughes
ENT 71: Coronavirus Business Impacts and How They Effect You
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Becoming Entrefied with Patrick Hughes
ENT 71: Coronavirus Business Impacts and How They Effect You
Feb 20, 2020 Episode 71
Patrick Hughes

There is a lot of crisis’s that go on each day. Some are larger than others, like the recent coronavirus. This affects you as an investor because people begin to sell like crazy over the news and not fundamentals, which creates a lot of discounts.

I find times, when there is a crisis going on, are good times to spot weaknesses and help people as well.

When a crisis arises like a coronavirus, we have the opportunity to spot weaknesses in sectors such as the medical sector, and a lot of the market overreacts, thus spurring opportunities to grow.

Look at SPCE, a company that is massively affected by the news.

Recommended Read: The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country

Show Notes Transcript

There is a lot of crisis’s that go on each day. Some are larger than others, like the recent coronavirus. This affects you as an investor because people begin to sell like crazy over the news and not fundamentals, which creates a lot of discounts.

I find times, when there is a crisis going on, are good times to spot weaknesses and help people as well.

When a crisis arises like a coronavirus, we have the opportunity to spot weaknesses in sectors such as the medical sector, and a lot of the market overreacts, thus spurring opportunities to grow.

Look at SPCE, a company that is massively affected by the news.

Recommended Read: The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country

Support the show (https://podcast.entrefied.com/gift)

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Are you ready to be entre Vied? Let's break free of the life we're told to live, create freedom and well, by adding value to others live, challenge traditions, challenge authority and get onto ified. Hey, guys, welcome to the show. Hope you ready to get entre filed? We have some really awesome content coming at you today, but it's a little controversial, so some people may get their feet step down Here you'll be talking about the Corona virus and what that means for investors and, ah, basically how you can navigate it. So, hey, look, subscribe to show Lever View would love to have it love to have you on the show Hey, thanks for listening. Everybody who's out there, all the supporters. We're playing in about 30 different countries, so thanks everybody for the support. Really appreciate it. So leave more reviews. So that way we can ah, touch more people's lives. So So they wouldn't be talking about the Corona virus. And, ah, you know, obviously there's a negative. But to every negative, there's a positive. So I'm gonna try to be positive without being, you know, inhumane. And that's really what people will probably peg me for is like Oh my God, he's so He's so awful by saying that. But no, no, just pointing out facts. But anyway, entre fied what we are about, we're helping you get that next step in your business. You're investing yourself whether your brand new of veteran whatever, we're here for you. So there's a lot of crisis is that go on each and every day. There's always something bad happening, and some are larger than others. You know, the the reason Corona virus means huge. I think 1000 people have passed away. Um, and it's bigger than SARS, which was back in about 2003 I think. But the point I'm trying to make it is I'm not trying to downplay any of these events are really, really bad in the city of Wuhan or will hand, which is funny because of heavy. I have a symbol on my drum set called a Wu Han. Same name is that city just made me think of it, But, um so those guys go through a terrible, terrible time, and I really feel bad for them, and I want to take this time to really talk about investing and how we could help potentially stop these viruses. Stop things from shutting down the city of Wu, huh? How do we handle it? And so you know this affect you as an investor because people begin to sell like crazy over the news and, you know, declaring a global crisis. And but when you look at the fundamentals of the business, everything is still really good. Really sound kind of like Apple. I think they do about 5% business in China, and so obviously this would affect them. And But that's not a reason to sell because, let's be honest, guys, let's say worst case scenario, everybody in the world just just gets wiped out by a virus or something. It's not gonna matter if you hold her cell or what if you sold your profit so in major profits or whatever and you can't take a U haul with you on your hearse, I mean, I mean, the point I'm trying to make is is if things were going down because massive, crazy epidemics, I might as well just ride out and buy more, because I mean, it can only go up, so you have to look at it from the positive aspect. I'm not saying just ignore what's happening in the people that are getting injured. I'm not saying that All I'm saying provide as much assistance as you can. And if you take that investment money out, used that to help people in those bad situations like Australia. I know myself. When Australia was having those wildfires, I just sold some investments and sent that to Australia and helping them. Ah, I can never pronounce the names of the places it was. Indy was the, uh, Thea Ah, the place I was helping because there were about, I think, four areas affected anyway. So the point I'm trying to make is is you should use these moments of things that are happening bad, to help other people, to spot opportunities and to see ways that you can help grow. People grow society. So, you know, there's a lot of I found times when their crisis going on, and, um, and these are great times to spot weaknesses and to help people as well, because when you see things happening like Corona virus and you see the fact that all they had to shut down a city all I don't have a cure. Okay, this is a great time to invest Maurine the medical sector so they could make more cures for people, you know, investing in infrastructure so they can build hospitals fast, which is what they did. They both the hospital in, like, eight days. So let's make it seven days, you know, let's make this. Let's make this more sustainable. Let's make this better. Let's improve. What the um, let's improve the weaknesses we have so we can make this less eminent ordeal and less people get hurt less people get injured because investors like us, we invest in things like, you know, Tessa with the cars and the battery that's helping the environment. That's when the stock is doing really well. So really looking at a global picture and noticing that Oh, wow. You know, stocks were down really bad because the Koran of ours okay, that should be an opportunity for you to go find stocks. They had the potential to help things like to grow the virus in a crisis like medical stocks, you know, like I said earlier. So when a crisis arises, like the chronic buyers, you know definitely gives opportunity, spot weaknesses in sectors and a lot of the market overreacts in the short term. And it's spurs opportunities for investors to really pick. You know, very, very specific pain spots in spots that we really need to go on because this is honestly, it's really become a global thing. Now, thanks to the Internet, everybody in on Earth is connected. So we really have to take this, um, as one, you know, stride towards helping everybody on the planet. So, yeah, China is affected by this stuff. So how do we help China out more? You know, how do we help their people? Because really everybody is created equal. We should be helping everybody. So look at space, a company that is massively affected by the news that I know that they landed their plane in New Mexico February 14th or 15th and they were gearing up to take commercial flights and take people in outer space in a commercial flight. It's kind of like hopping on a Delta Airlines plane, but you're going to space instead. I think this is massive and groundbreaking, and there and there were starting to as humans innovate and push beyond, you know, our previous capabilities, and this is gonna unlock so much growth potential with everyone. So, like I said, investing in things that you believe is really going to make a difference and have a difference in people's lives is very important, you know? So I'm gonna cut this short or this episode a little short today. The only action step I have is for you to go and identify a weakness that we have as a society as a whole. You know, in the whole world. Totally stopped up. Gabriel, out of my nose. Sorry. God, Um, but I'm still going still recording No excuses. But our society as a whole, we have We have the tackle, these issues together. So let's say a meteor is coming for Earth. Well, what do we have to stop that meteor? You know, things like that. Global warming use is happening. What do we have? This combat vet? So we really have to look at it. Things like no viruses, epidemics that could really hurt harm society as a whole. And we have, as investors be responsible enough to say This is a great idea. We should fund this more you know, kind of like with, uh like I said Tesla earlier. They're a great example of a company that we need to fund Maur because they're doing a lot of good for everyone. I mean, not only are they doing good for the planet, but they're also making these other companies like Ford, Chevy and all these other guys they're making them innovators. Well, because they're all starting to realize the future is here. The future is in taking care of the planet. And so we have to kind of band together and work as a team. I have this book about a yard sale a couple of years ago. It's called the Death of Competition and talks about how we don't really compete anymore. We team up and we knock things out as a team. And I think that's very important as investors that we spot weaknesses in sectors that need more funding to knock it out as a team. So, like I said, my action step go find an investment sector, the youth that you believe in that can positively impact humanity as a whole and invest in it. That's it. Just do that, do that. I invest in space. I love the stock owns, uh, you know, stock in space. I'm not telling you. Go buy that stock. Specifically. I'm just giving an example. That's what I do. That's how I get back. Because I'm so excited to see this space tourism thing take off. Could you imagine what you didn't think about this for a second? Imagine getting on a plane flying into space, getting astronaut wings because you go, like, one mile over the ah, I think it's 50 miles up in there and beyond. 50 miles to get astronaut wings. You're an astronaut, and I'm pretty sure they fly you 51 miles over on a 45 minute flight. Just imagine that. So you go up, you get in a plane, you start taking off. 20 minutes later, you're flying up into the air. 20 minutes later, you're in space. You're looking down at the earth. Everything's moving slowly. You're looking out at space. It doesn't seem riel, and then you re enter orbit. You land down in your life is changed for the better because you realize it the world that the galaxy is much larger, then just yourself thin just your house, your town. You realize that it's the galaxy is out there and it's massive. And you see that there's so much more out there than just myself. And so becoming cognizant and mindful that there are other people, other places and yourself is very eye opening so that I know I'm getting on a pedestal. That guy's butt, Really? That's what that's what I invest in is that idea is that idea of unlocking a new level of human capabilities? Because, let me tell you, if we have people all the time, line into space like it's nothing like it's hopping on a plane. Fine. From California to New York, it's gonna really change the world. There's gonna be a lot of stuff happening in space, and things are gonna change drastically. So facial lesson show today, guys know it kind of got on a soapbox. Um, please, like an AA subscribe with show lever of you. Some more people confined us that everybody has already left reviews. Who's already subscribed? I really appreciate it, you know, we work hard to bring you guys content every single day. Is this day like I don't know. It was a 90 day challenge we started. This is day 71. I think so. Thanks for sticking around. Really appreciate your support and I can't breathe out of my nose. So I'm gonna stop talking. Have a great day. See you guys later. Are you feeling entre fied yet? We hope so. For more information and news updates, check us out at www dot entre five dot com or contact Patrick directly on facebook dot com slash patrick Hughes 9000
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