Entrepreneurs make Money in cities they don’t grow up in
I have worked in 29 countries. I have traveled to more states in the United States than I can remember. I have looked at “Super Sack” deals in Boise, Idaho. I have reviewed solar plant proposals in Kenya. I have talked with people in the Republic of Mozambique on public private partnerships. I have negotiated bond purchase transactions in Nevis. I traveled to Vietnam to discuss agriculture cultivation deals. I hiked through the rain forest in Costa Rica to explore an opportunity to preserve the rainforest with the World Rainforest Foundation. I traveled to New Zealand to work international Forex opportunities.
Are you catching the trend of my statements?
I want you to analyze some interesting facts.
According to move.org only 11% of the United States population moved in 2017. This same source reported only 1.5% of Americans moved to a different state. Only 0.4% of Americans moved to another country. These are the lowest moving rates since the Census Bureau started tracking the United States population in 1948. The average cost of an interstate move is reported at $4,300 (according to the source mymovingreviews.com).
One of the things you will read me stress is “Market Cycles”. Every town, city, state and country will experience a “Market Cycle”. There are no such things as indefinite gains. There will never be a market that only “gains”. Market corrections exist. Recessions, depressions and prolonged periods of economic challenges occur.
I have been asked during hard times how I made it through the darkest hours. The answer is simple.
“I go where the opportunity is.”
The hardest thing for people to grasp is the concept of moving.
It can be scary to go somewhere that you have no family. It can be a challenging feat to find new friends, new business partners and meet new people. I know people who were millionaires before the 2008 real estate collapse. These people lived in Central Florida. These same people never left Central Florida. Some of these people just started to climb themselves out of financial holes. Do you know why? It took nearly 10 years for the Central Florida market to go through a Market Cycle. The collapse, recovery and demand took this long.
I could have decided to wait. I could have been patient. I could have simply “got by”. Getting by would have allowed me to wait for my opportunity in “one market”.
The issue is…that is not what a Professional Entrepreneur does.
The Professional Entrepreneur is in the profession to earn money every year despite the market.
You must learn that your current living location is going to change from time to time if you wish to be a Professional Entrepreneur. The economy a person lives in will change. If you wish to stay in one economy you must completely switch to what is profitable in a down market. Sometimes the only opportunity in a depressed market is trash removal. If you do not want to do a trash removal opportunity you have to leave. Opportunities exist in every market. The opportunities in a down market are different from the opportunities in an appreciating market.
A Professional Entrepreneur recognizes talents demand a premium in certain markets. Sometimes a talent discount can apply in your domestic market. Learn to find your opportunity. Do not be close minded. Do not “wait” around for your market to accept you. Go to where the market seeks you.
Professional Entrepreneur, discover your opportunity wherever it is located. Don’t let $4,300 be the barrier for why you earn less than $100,000 this year.
About Christopher: Christopher Knight Lopez is a Professional Entrepreneur. Christopher has opened over 7 businesses in his 14-year career. Christopher’s purpose is to take advantage of various market-driven opportunities. Christopher is a certified Master Project Manager (MPM) and Accredited Financial Analyst (AFA). Christopher previously held his Series 65 securities license. Christopher also has his General Lines — Life, Accident, Health & HMO. Christopher has managed a combined 286mm USD in reported Assets Under Management & Assets Under Advisement. Christopher has work experience in 29 countries, raised over 50mm USD for various businesses, and grossed over 7.5mm in his personal career. Christopher worked in the highly technical industries of: biotechnology, finance, securities, manufacturing, real estate, and residential mortgages. Christopher is a United States Air Force Veteran. Christopher has a passion for family, competitive sports, fishing, martial arts and advocacy for entrepreneurs. Christopher provides self-help classes for up-and-coming entrepreneurs. Christopher’s passion to mentor comes from belief that entrepreneurs need guidance. The world is full of conflicting information about entrepreneur identity. See more at www.christopherklopez.com