Member-only story
Business Insurance In Wonderland: A Tale Of Two Worlds
Robert Bailey (Published on June 17, 2021 in LinkedIn)
In one respect the Biden presidency has succeeded in unifying Americans. We will each bear the costs. Volatile prices, increased regulation, and uncertainty have costs. Especially here in Florida, businesses are watching.
Not to worry. A colleague of mine has a wise saying. “There are no victims. Only volunteers.” It’s a powerful mantra.
We need to apply a victorious mindset. Our partners, your clients, and your business are depending on you for that. Here are the take-aways you can share with them.
CFOs, RIAs, and founders I work with acknowledge their fiduciary responsibility. They need to discuss the following subjects as part of that role. We refer to them as “current events.”
Today’s Top 3 Successful Client Concerns
The importance of the Game Stop story. It gives clients pause. Wall Street was “short” shares of Game Stop and got hurt. Wall Street’s response to the surprise digital rally was to retaliate. It called for new trading regulations. The client will ask: Do we need a defense against double-standards?
The turmoil in the two-party political system. The three branches of the federal government are…