Here’s my take on it: times are very tough, and disruption is everywhere. Globalisation, off-shoring and outsourcing have become the new reality. Local manufacturing is gone. Retail is bracing for an Amazon storm. Just read the newsfeeds. There are more people out of work now than there have been a long time. People are scared.
And what do frightened and desperate people do? They panic, and sometimes resort to “taking” behaviours when they feel that the end justifies the means.
This is why the informed and prepared should adopt an ‘Apex Predator’ mentality – so that they and their family & assets will not be first on the menu when other predators come sniffing around for an easy meal.
The benefits of Asset Protection and Planning
How many million-dollar lawsuits against homeless people do you hear about? None. That’s because lawsuits aren’t filed against poor people; they are filed against those with enough assets to make the expense of litigation worthwhile.
We all need to maintain an acute awareness of what can happen in ‘the modern jungle.’ None of us want bad things to happen to us and our families, such as bankruptcy, creditors, predators, gold-diggers, the ATO… but we need to keep our guard up against others who may not share our foundational assumptions of fair play and justice. Other, perhaps more aggressive ideologies, could run right over our sweet & trusting natures if we let them.
‘Asset Protection’ is about being prepared for possible outcomes (contingencies) and doing what you can to minimise the damage and prevent the worst outcome from happening.
Remember – when Noah built his Ark, it wasn’t raining yet!
We know bad things are out there and we do what we can to avoid or minimise the negative consequences. This isn’t being cynical or defeatist. It means that we are prepared, and at least have some sort of plan to address the problem.
Some people say that they don’t want to ’live in fear’ and therefore prefer not to think about bad things happening to them or their family. So ask yourself this: When you leave your house in the morning, why do you bother to lock the door?
Prepare for the worst and hope for the best. It’s the smart move to protect yourself, your family and your assets.
If it’s worth keeping, it’s worth protecting.
And remember, your protection mechanisms don’t necessarily have to be hugely expensive or elaborate. The idea for most of us is not to pursue perfect-protection at any price – it is to make our assets less-desirable to a predator than someone else’s undefended assets. If we make it harder for others to attack us and our assets, most opportunistic predators will move onto an easier target and leave us alone. It is the tiger who starves last in the jungle, because anything that attacks him will have to risk massive wounds themselves.
There are 3 kinds of people in this world:
- Those that make things happen;
- Those who watch things happen; and
- Those who wonder what happened.
Which one will you be?
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