Like we said above, investing now is much different than investing 100 years ago. Things taken as gospel back in the day make no financial sense now. Things progress at such a rapid pace that it’s important to invest now with an eye on the future- where will X product be in 10 years? Is it adaptable to inevitable technological changes?

This is also key for your own business. In terms of ideal financial situations, you need your income to outpace annual inflation. This means your business has to endure and grow consistently. So you’re going to have to try and anticipate what your customers want not just now but in the future, so you’re growing with your clients. 

And, perhaps most importantly; beware of inaction. This idea of planning for a future that hasn’t happened yet aka “I’ll tackle my savings when…” This has a compounding effect most people don’t notice till it’s too late. If you don’t start saving as soon as you can, down the road you have to save all the more to catch up.

Our last tip for you is to just be flexible. You need to have a general strategy for both your business, investments, and money in general, but it has to have some bend to it. Things are going to evolve in ways you can’t predict, and having financial tools in place that will help you absorb impact from those changes means it has to be adaptable. 

Until next time, flexible savings equal long-game financial freedom!

Be sure to listen to all of episode 581 for more details on how to make your investments and business strategy adaptable to ensure endurance! Then head over to our Insider’s Club to take the assessment and learn what skills you can optimize for success. We’re here to help provide you with the tools you need to effectively improve upon your skillset and move to the top sales spot on your team…We’ll see you on the inside.

If you enjoyed this episode please take a second to rate & review. Each review helps us help more people just like you make a difference in this world! Don’t forget to take a screenshot, share it in your Instagram stories, and tag us @jeffreygitomer and @jengitomer. See you next week! 

Oh, and one more thing. If you’re interested in learning more about this week’s guest, Louis Llanes, or purchasing his book see the link below:

Purchase a signed hardback copy of Financial Freedom Blueprint: http://www.pathtorealwealth.com/shop-books

Or purchase the ebook or paperback copy available on Amazon HERE: https://www.amazon.com/Financial-Freedom-Blueprint-Accelerate-Prosperity-ebook/dp/B09KMCB8P2