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Waleed Cope - Overcoming Uncertainty: How To Handle Black Swan Events

Waleed Cope - Overcoming Uncertainty: How To Handle Black Swan Events

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About this listen

In today's uncertain world, it's more important than ever to be prepared for the unexpected. 


For entrepreneurs, this could mean anything from a natural disaster to a major market crash. 


No one can predict exactly when or how these events will happen, but by preparing for them you can minimize the impact they have on your business. 


Waleed Cope is an experienced entrepreneur, investor, and small business advisor.


In this episode, he shares his insights on how to stay resilient during times of chaos and uncertainty. 


BEERS FROM THIS EPISODE


Mike: Left Hand IPA

Madison: The Duck Rabit Amber Ale 


TODAY ON BARBELLS, BEERS, & BENJAMINS:


We unpack…


  • What is considered a Black Swan event and why it matters
  • Waleed’s tips for mitigating risk and being prepared
  • Why mindset is so important for long-term success


And much, MUCH more!


TOPICS


  • 2:34 - Beer Time!
  • 5:52 - Black Swan Events Defined
  • 7:00 - Waleed’s Experience With Chaos & Uncertainty 
  • 16:08 - Tips For Dealing With Black Swan Events
  • 20:00 - Considering Current Events
  • 23:39 - How These Events Have Shifted Waleed’s Mindset
  • 31:17 - Mindset Advice For New Entrepreneurs 
  • 35:40 - Waleed Gives Mike Free Business Advice 
  • 39:15 - Where To Learn More About Waleed


WORDS OF WISDOM


  • “There this thing called Nascar where everybody drives a stock car. And the word stock means they’re all the same. But someone still wins, and someone still loses. And they all have the same tools, the same materials, the same regulations, but somehow someone always wins. And they all have the same playing field. It’s because someone has a different skillset, and someone has a different mindset to use those same materials to be better than their competition.” - Waleed Cope


RESOURCE LIST



  • Waleed’s Website
  • Waleed’s Linkedin
  • Waleed on Instagram
  • Commerce & Chill (Waleed’s Podcast)
  • The Soap Box (Waleed’s Business)
  • It’s Not How Good You Are It’s How Good You Want To Be by Paul Arden
  • The Black Swan by Nassim Nicholas Taleb
  • Antifragile by Nassim Nicholas Taleb





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