A Post-Corona World

Investment Advice

Scott Galloway offers insightful advice for those entering the investment world, emphasizing the importance of starting early and focusing on long-term strategies. He suggests that young investors like Millie should immerse themselves in market knowledge by reading financial publications and practicing with small investments in companies they understand. Galloway encourages a disciplined approach, stating, "If you can show me...that you have been disciplined enough...to buy $100 worth of stock every month for a year, in twelve months, send me that statement and I will match it" 1. This approach not only builds financial acumen but also instills a passion for understanding market dynamics 2.

   

Entrepreneurial Resilience

Navigating the entrepreneurial landscape during economic downturns requires resilience and strategic thinking. Galloway advises entrepreneurs to focus on revenue generation and cost management, emphasizing that "revenues make a business" and not expenses 3. He highlights the importance of starting businesses during recessions, as they often lead to success due to lower costs and better hiring opportunities. "The only thing that discerns the winners from the losers is when I started them," he notes, underscoring the potential advantages of launching ventures in challenging times 4.