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Lessons From COVID-19

July 1, 2020 | Self Help

[caption id="attachment_934" align="aligncenter" width="660"] Photo by cottonbro from Pexels[/caption] There's a quote I like from the first Indian first prime minister of India, Jawaharlal Nehru. He said, “Crises and deadlocks when they occur have at least this advantage, that they force us to think.”  During the past few months, this quote has been on my mind as we’ve all been forced to think a little differently. While my focus has certainly been on all the individuals and families whose lives are being disrupted through the catastrophic health effects of the coronavirus pandemic, I also know it’s affecting even those of us…

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MYTH: Since the amount of goods and services the government buys is not affected by a economic downturn as private industry, the best time to begin selling to the government is during a recession.

FACT: Developing an effective government business development strategy usually takes years. Waiting until the economy is in recession to pull the trigger on a plan can doom it from the start as this strategy takes time and resources to develop….items that seem to be more scarce when the economy is in a downturn.

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