3 Disasters Avoided | COVID-19’s Market Crash and When To Back Out of Deals

Published: March 26, 2020, 10:15 a.m.

In today’s episode, we look at 3 prospective diversified income streams that Keith had to let go due to the market crash and COVID-19 shutdown. We begin by talking about the current state of the market. We share that Keith’s online product-based business and other businesses are still generating income. However, because of problems negotiating leases and other obstacles, he has had to back out of 3 prospective projects in light of current circumstances.

-Current State of Stocks 0:58
-Letting Go of Indoor Family Entertainment Center, Furniture Business, Amazon Private Label Business 3:21
-Keith’s Takeaways From Current Circumstances 13:57

“They were looking for a full-price cash offer, and this is a deal that I was working through some private equity groups to get funded, and it didn’t get funded. So, a lot of that equipment was sourced through China. And if it wasn’t through China it was offshore. But lots of factories are being shut down around the world.” 8:58

Reach Out To Keith, Get Help and Resources: https://dincpie.com/