Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - June 20, 2020

June 20, 2020
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News. Insights. Analysis. Inspiration.

Today's Key Question:

The article below from Tech Crunch talks about how financial planning is fast-becoming an employee benefit. Do you think a comprehensive planning process would you make it easier for you to choose a life insurance policy?

"The 4 Most Common Business Setbacks and How to Recover"

From Enteprenuer.com

* Setbacks are bound to happen at one time or another, rendering our businesses vulnerable. While they can be challenging and disorienting, they also present a powerful opportunity to bounce back, with newfound perspective and wisdom.

Some of these setbacks are so common in an entrepreneur’s journey that they may as well be archetypes, but knowing how to handle them can prevent any sense of devastation. Resiliency is a key component of entrepreneurship, and how we show up to these setbacks shows a lot about our moxie as founders. Here are four of the most common setbacks and how to bounce back from them. 

"Coronavirus Pandemic Paving the Way for Drone Delivery Services"

The government granted a temporary waiver allowing drone-based deliveries of medical supplies in North Carolina. That shouldn't end when the pandemic does."

From Reason:

* "We're likely in for a long-term fight against COVID-19. Using contactless drone logistics will be an important tool in that effort," Zipline CEO Keller Rinaudo said in a statement announcing the partnership with Novant Health. "The work underway here in North Carolina will provide the rest of the country with a blueprint for how to build the most resilient and responsive health care system possible."

"Wex CEO Melissa Smith Shows Diversity Is Good Business"

From Investors.com:

* Smith supports a "balance of creative conflict" for people on her leadership team. Teammates should question one another where appropriate. Suggesting alternatives in serious discussions spurs better decisions, she says.

To help this happen, Smith hires people who bring diversity in thinking to her leadership team. Her team members have different backgrounds. Some are from small companies and some are from large ones. Over half were born outside of the U.S.

"This startup just raised $12 million from top VCs to offer financial planning as an employee perk"

From Tech Crunch:

* Their understandable argument: While offering benefits around fertility, family planning, and mental health are wonderful, companies are missing out on the chance to address the very top priority for their employees, which is how to avoid financial trouble.

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