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The Finish Line is Near, and it Ain’t Pretty: What You Can Do Now

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You can feel the shift as hope for a speedy recovery turns into despair. Today is especially hard for small businesses hoping to make it through July (when the Pelosi/Schumer disincentive to work expires). For many, there’s just too much to overcome whether it’s the protests or the surge in COVID-19 cases (not death rate), customers are sheltering in place.

Progressive mayors and governors will never understand how difficult it is to run a business or how fragile the relationship is between a business and its customers. And with the PPP loans spent, home equity lines tapped, savings dipped into, and portfolios inflated, what’s the catalyst to get out of this mess?

Tesla’s stock is up 270%, sales are down only a bit despite COVID-19, yet the car ranks last in quality. In other words, even Tesla, like any small business today, is racing for the finish line before time runs out.

How many Zoomers will there be when companies realize they don’t need to be staffed at full capacity when they’re operating at a fraction of it? When you have governors like Cuomo gone wild, believing they can set your menu with mustards and crackers? You can’t get this genie back in the bottle.

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Castle Doctrine States (According to the NRA’s Map of States with Enacted Castle Doctrine Laws)

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • Connecticut
  • Florida
  • Georgia
  • Idaho
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Michigan
  • Mississippi
  • Missouri
  • Montana
  • Nevada
  • New Hampshire
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • West Virginia
  • Wisconsin
  • Wyoming

States with Stand Your Ground Laws Enacted

  • Alabama
  • Alaska
  • Arizona
  • Florida
  • Georgia
  • Idaho
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Michigan
  • Mississippi
  • Missouri
  • Montana
  • Nevada
  • New Hampshire
  • North Carolina
  • Oklahoma
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • West Virginia
  • Wyoming

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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