Do you know how to beat a recession?

Recession-proof refers to assets, companies, industries or other entities that do not decline in value during a recession. 

A recession is when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufacturing for an extended period of time. Recessions are considered an unavoidable part of the business cycle.

Disclaimer

I'm not saying we are in a recession or going to be in one.  Review economics on your own due diligence.

1. Live within your means

Save at least 10% of your income

Produce significantly more than you consume

2. Increase your ability to earn (anchor, mturk, staking, adsense, stock sell, and others...)

control of cash flowing assets

Learn about revenue models (ep 64)

The Millionaire Fastlane by MJ Demarco 

Something regarding sales or attention, or people mental space

PRODUCE over consumption

3. Improve your credit score (pay down expensive debt)...

4. Grow a personal brand

5. Position yourself (comes from awareness first)

6. Save cash, cash is king for emergency and for buying at the lowest points

7. Dig your well before you're thirsty by Harvey McKay 

The importance of real relationships

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