I hear you.
I agree with many comments that the world of entrepreneurship and investing has changed significantly since my training in 2018 / 2019, and especially so in Australia.
Movement of people from the cities experiencing lockdown to beachside communities and country has distorted the property market challenging many early investors. Some towns with opportunities have closed their window, and new ones opened. Rental demand has skyrocketed in Queensland significantly distorting rental incomes and capital values. The movement from city to sea and tree change has accelerated.
It pains me to see the physical businesses hit so hard, with government mandating deadly blows, allowing business to sacrifice working capital just to remain operational. I fear that loss of reserves plus a market where customers have moved on. Meantime, ‘On line businesses’, like the Freedom Businesses we showed in the advanced training often survived or even expand during this time.
Yes I have listened to the challenges many graduates have faced, and like you when looking into the future, the challenges keep me awake at night. Wealth preservation is now a primary concern.
Sadly, the financial reset I wrote about in 2016 is now underway and I expect will continue over this decade. My mistake was that I expected the transition to be quick, and not a slow motion train wreck triggered by a global controlled government lockdown.
But here we all are and must face the new reality and adapt to preserve wealth and use the new opportunities as they arise.