Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - July 17, 2020

July 17, 2020
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News. Insights. Analysis. Inspiration.

Today's Key Question:

Many charities have suffered a financial loss recently. Did you know that life insurance can be used to secure the long-term viability of the charities close to your heart? See the article below.

  

"What It Takes to Launch a Successful Online Clothing Brand in 2020"

From Entrepreneur:

* Per usual, clothing brands like Nike, Zara, Adidas, Hermes and H&M were some of the most popular in 2019. What about 2020, though? In spite of new, obvious obstacles, with the right business plan and brand, a new online clothing company could rise to the top of the pack this decade.

  

"A lesson from Canada: Startups can lead the economic recovery"

From VentureBeat:

* Six Ontario technology hubs (including the one I lead) recently banded together to study the broader economic importance of startups. The data is Canadian, but the findings are relevant for governments, investors, and companies everywhere. These are important lessons for anyone who wants the U.S. economy to flourish after the pandemic.

 

"America Needs To Stop Reacting To Coronavirus Like A Bunch Of Hysterics"

From The Federalist:

* Americans put a man on the freaking moon, landed a robot on a postage size stamp of land on Mars, harnessed the power of the atom, defeated Germany in a world war — twice, invented the automobile, and defeated gravity and invented human flight. Yet right now many of us are sitting alone in our homes behind cloth masks with dubious protective qualities thinking about banning children from attending school even though they are at extremely low risk of infection or as vectors of transmission.

We need a steely resolve, not simpering fear. Nothing is going to stop us. Not polio, not Nazis, not gravity! Nothing. We’re America. We can do this.

 

"HOW BUSINESS OWNERS USE LIFE INSURANCE TO MAKE CHARITABLE GIFTS"

From StevenKobrin.com:

* Life insurance is ideally suited for charitable giving. By taking out a policy on yourself for the benefit of the charity, you can turn a small amount of money into a substantial gift. Each dollar of the benefit only cost pennies in the original investment. This means that the gift does not have to be an excessive expense for the donor, but the investment adds up and the charity’s cash flow is considerably impacted.

 

 

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here