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My other businesses are well positioned for a lengthy downturn but we're definitely feeling the pain. We felt that there is no better time than now to get back into the studio business. We are getting some amazing deals on all of the equipment and construction materials and in the end we are saving thousands of dollars. In a couple of years we should be sitting pretty.
These recessions are like waves, you've got to ride it out. While I don't consider myself an old guy, I lived through the 80's and 90's recessions and it was all about staying positive and keeping moving forward even if it is at a crawl...
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