The last two to three years have been a whirlwind, if you haven't noticed. It seems like it's been one challenge after another. From Covid to riots, supply chain issues to staffing shortages, more supply chain issues and major inflation. When will it all end? And just recently, we've been glued to the TV watching the invasion of Ukraine, knowing very well this will lead to some form of disruption, the first impact probably being oil and gas prices. But, how will this issue in Eastern Europe impact Main Street America and our businesses? I'll give you one guess, disruption. Disruption is the new normal, a phrase we've been throwing around since Trump's election in 2016. As I mentioned, the last two to three years have been nothing but disruptions for all of us, causing us to remain nimble and to adapt. Is there any good way to plan for disruption? If only we all had a crystal ball to stay prepared. There is a lot of uncertainty moving forward, but I can promise that the one consistent will remain disruption. So do what you need to do within your business to prepare. Be conservative in your projections, stockpile capital for lean times, think about ways to become more efficient, strengthen your critical relationships in the industry and lean on your two-step partners. Things may get worse, or they may get better, but we will surely face disruption in the future. |
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