Kevin Palmer Arizona | Kevin J Palmer Scottsdale https://kevinpalmerscottsdale.com Champion of Financial Justice Fri, 28 Jul 2023 15:38:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.7 Ron DeSantis the Don Quixote https://kevinpalmerscottsdale.com/2023/07/28/ron-desantis-the-don-quixote/ Fri, 28 Jul 2023 15:38:45 +0000 http://kevinpalmerscottsdale.com/?p=1561 Holier than thou, Governor Ron DeSantis told “his” government to probe whether Bud Light’s parent company breached its shareholders duties over its transgender partnership. He was speaking before Christians United for Israel, a group that fails to mention, Israel’s ethnocide of Palestinians and systemic racial violence. Such human rights abuses Read more…

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Holier than thou, Governor Ron DeSantis told “his” government to probe whether Bud Light’s parent company breached its shareholders duties over its transgender partnership. He was speaking before Christians United for Israel, a group that fails to mention, Israel’s ethnocide of Palestinians and systemic racial violence. Such human rights abuses and murders are the antithesis of his Christian beliefs. But since he hasn’t earned his own money, he must pander.

Apparently, it is easy for DeSantis to believe his own morality supersedes all others. Drunk with power, or a psychopath, his anti-woman’s body platform already has caused extensive suffering for women awaiting abortions for things like Anencephaly (virtually dead fetus) and the jailing of 17-year-old girls for using birth control. It’s akin to burning witches in the 1400’s for using earth remedies. Old white men making decisions for body parts they do not have is ludicrous, and not to mention, sinful. Privately, Mrs. DeSantis should be appalled.

Politicians like Ron DeSantis are so inept at fixing the true problems of the world, they must distract with peoples’ personal issues. Instead, Ron should man up and try fixing activities that are significantly impacting the world. Perhaps he hasn’t noticed but we are in the Anthropocene Epoch, a geologic time describing climate shift that will result in 20% of all plant and animal species being extinct within 25 years. Addressing food shortages that are killing millions, would also be a noble gesture.

But Ron DeSantis is a Don Quixote, standing against Florida’s revenue giant Disney. Until they pushed back—his first shoe to fall. Saying no to abortions is easy but he’s missing the whole equation. Government demanded babies would mean government responsibility for post care too like, formula, clothes, and college. Maybe he and Mrs. DeSantis should start adopting. Otherwise, Ron Quixote, climb back into the Dark Ages where you came from and pray that the key to the kingdom of heaven is not a self-serving egotism.

 

KjP, writer, rebel, producer, poet

Published by Status is online

Kevin J. Palmer

Writer, Producer, Social-Reformer

Published • 4d 53 articles #budlight #abortion #disney #rondesantis

Opinions expressed, reflect only the signed author’s views and not the wider views of SMA Institute, or Strategic Management Advisors. They belong to the content creators and not www.thequietrich.com  Kevin j Palmer, the organization, its affiliates, or employees. Strategic Mgmt. Advisors/SMAI, author Kevin Palmer http://reawakeninganamericandream.com assumes no responsibility for errors or omissions in the content of this site. Information contained herein is provided on an “as is” basis with no guarantees of completeness, accuracy or usefulness. Kevin Palmer Arizona www.kevinpalmerscottsdale.com makes reasonable efforts to keep information correct, but makes no representations or warranties express or implied about the completeness, accuracy, reliability, suitability with respect to its information. Any reliance you place on this material is strictly at your own risk and Palmer Private Equity or Peace through Prosperity http://KevinjPalmerAuthor.com writer-rebel-producer-poet will not be liable for any false, inaccurate, inappropriate, or incomplete information on these websites. All rights reserved by Kevin J Palmer https://www.linkedin.com/in/kevin-j-palmer-3694bab1/

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How One Knows they Have Financial Freedom https://kevinpalmerscottsdale.com/2023/06/20/how-does-one-know-they-have-financial-freedom/ Tue, 20 Jun 2023 21:42:25 +0000 http://kevinpalmerscottsdale.com/?p=1545 Interviewer: How does one know they have financial freedom? “You have reached Financial Freedom, when you require more time than money.”  Kevin j Palmer       Kevin j Palmer Writer-Rebel-Producer-Poet    Opinions expressed, reflect only the signed author’s views and not the wider views of SMA Institute, or Strategic Read more…

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Interviewer: How does one know they have financial freedom?

“You have reached Financial Freedom, when you require more time than money.”  Kevin j Palmer

 

 

 

Kevin j Palmer Writer-Rebel-Producer-Poet 

 

Opinions expressed, reflect only the signed author’s views and not the wider views of SMA Institute, or Strategic Management Advisors. They belong to the content creators and not www.thequietrich.com  Kevin j Palmer, the organization, its affiliates, or employees. Strategic Mgmt. Advisors/SMAI, author Kevin Palmer http://reawakeninganamericandream.com assumes no responsibility for errors or omissions in the content of this site. Information contained herein is provided on an “as is” basis with no guarantees of completeness, accuracy or usefulness. Kevin Palmer Arizona www.kevinpalmerscottsdale.com makes reasonable efforts to keep information correct, but makes no representations or warranties express or implied about the completeness, accuracy, reliability, suitability with respect to its information. Any reliance you place on this material is strictly at your own risk and Palmer Private Equity or Peace through Prosperity http://KevinjPalmerAuthor.com writer-rebel-producer-poet will not be liable for any false, inaccurate, inappropriate, or incomplete information on these websites. All rights reserved by Kevin J Palmer https://www.linkedin.com/in/kevin-j-palmer-3694bab1/

KevinPalmerWriterRebelProducerPoet                                                   

 

 

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Quote of the Day https://kevinpalmerscottsdale.com/2023/04/01/quote-of-the-day-2/ Sat, 01 Apr 2023 16:36:00 +0000 http://kevinpalmerscottsdale.com/?p=1521 The handful of inbred, power-mad pharaohs who financed the building of the pyramids in pursuit of ego-driven immortality, or the millions of forgotten foragers who accepted without struggle the universal fate of all that lives, their bodies long-since dissolved back into dust without monument or complaint? If death is the Read more…

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The handful of inbred, power-mad pharaohs who financed the building of the pyramids in pursuit of ego-driven immortality, or the millions of forgotten foragers who accepted without struggle the universal fate of all that lives, their bodies long-since dissolved back into dust without monument or complaint? If death is the monster we all face, the question we must answer is Nietzsche’s: “Is it better to out-monster the monster or to be quietly devoured?” I vote for being devoured, though I can’t promise how quiet I’ll be.

(Christopher Ryan)

 

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No place like New York in the Past Century https://kevinpalmerscottsdale.com/2022/06/16/no-place-like-new-york-in-the-past-century/ Thu, 16 Jun 2022 15:54:09 +0000 http://kevinpalmerscottsdale.com/?p=1478 Interesting how we lie to ourselves to feel better about who we are—being human it’s only natural. However, there are highly varying realities. At a party in East Hampton, I met woman we’ll call Kathy, to respect her anonymity, even though she had little respect for others. She was from Read more…

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Interesting how we lie to ourselves to feel better about who we are—being human it’s only natural. However, there are highly varying realities.

At a party in East Hampton, I met woman we’ll call Kathy, to respect her anonymity, even though she had little respect for others. She was from Brooklyn and believed it to be the universe center. As a child, I recall Brooklyn not being such a garden spot, (perhaps my reality), but fact was many who could, were leaving to raise families in the Burbs.

 

Granted Brooklyn is going through a rebirth but it’s still not Manhattan. Yet that didn’t stop Kathy from using the two interchangeably, punctuated with the declaration, “Being from the city, I never set foot on Long Island.” …Huh, geographically Brooklyn is Long Island unlike Manhattan or “the Borough” as locals call it, which is a separate island.

 

Far be it from me to take issue with Kathy’s perception but she indirectly dissed the rest of the country! Within minutes of meeting me she blabbered. “I hate that phrase, as big as Texas, don’t you? What does that really mean anyway?”

 

She had similar opinions about other cool places in the country like Silicon Valley, center innovation and second city east, Chicago and what she said about Washington D.C., I wouldn’t repeat even in bad company. Nonetheless it was clear to my new acquaintance that, “there was no place like New York.”

 

Her sense of self-importance is not uncommon to New Yorkers, to which I plead guilty at times, but her assumption that everywhere else has less worth, is flat wrong.

 

Since I was occupied with a second scotch and she was a buzz kill, I opted for some entertainment.

 

“Where else have you lived Kathy besides Brookline?” I asked.

 

“New York born and breed. Why would I go anywhere else?”

 

“Well maybe because in 1983 something called the internet made New York’s cutting-edge information in fashion, art and so on, accessible worldwide, which is why they call it the world wide web, ha ha .”

 

My laughter quelled her rising temperature that was putting her chilled martini at risk.

 

“Then in 1997 a company called Amazon went public and you could effortlessly buy anything sold in New York, anywhere in the country.”  A sinker right over the plate for strike two. She gripped the glass stem dumfounded that a homeboy could disrespect The  City.

 

Fortunately, at the perfect moment, a waitress brought two fresh drinks and either Kathy felt obliged to stay or was too drunk to move and I of course, used the opportunity to enlighten her on some history. “During the pandemic I understand there were city people who never left their apartments. Where I live there wasn’t much pandemic inconveniences.”

 

With a whisk of, was cooler than you in high school, I continued. “Golf courses put enough social distance between people so there was no real need for masks.”

 

Then I tapped the breaks for a five-mile slide. “For someone who lived in the same place for so long you may have missed how the rest of the country lives. Seem your thinking is stuck in the 20th century.”

 

She grimaced before the words left my mouth, tightened her grip on that poor martin glass stem and said. “There’re too many damn immigrants in New York, that’s the problem!”

 

Squinting my Popeye eye I pointed, “See the beautiful blond over there talking to the bartender? That’s my wife and she’s an immigrant.”

 

Kathy turned, looked, then leaned into me and whispered. “She’s adorable and it’s so hard to tell —from where?”

 

“England. Her family came over on the Mayflower. They are documented too, as the first to buy and pay for, land from Native Americans.”

 

With a Cheshire Cat grin turned to Cherokee stealth I said. “Likely Native Americans feel the same as you do about too many damn immigrants.”

 

Mocking her white race card, would have been enough but for all those who suffer her conceit, I twisted the knife. “My wife was from Wyoming and during her first time meeting my family in New York she asked why, “everybody in New York City looks so pasty.”

 

“Never noticed it myself but since that day can’t get the image of weakling aliens starved for adequate sunlight, roaming the streets like aimless ants in a once mighty city.”

 

Perhaps at that point I should have asked Kathy how long her people were there but I got the distinct sense she wanted to spill her drink on me before she walked away.

 

I love New York don’t get me wrong. I just don’t buy Kathy’s self-indulgent hype. People come to New York to make it, like “Inventing Anna” and make it or not, many stay caught up in the wonderful charm of the city.

 

The unavoidable result is overcrowding. That many people living so close becomes a rat race extraordinaire. Services can never keep ahead of the crowd curve which spawns systemic corruption, way too high taxes for too few services and crime by those desperately on the bottom trying to survive.

 

Maybe as a shield against that reality attitude becomes all pervasive. Notwithstanding there’s nothing you get living in New York that you can’t get anywhere else in the country—except maybe for agita.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Palmer Private Equity, is rooted in Kevin’s Behavioral Economic Research that once set standards for Wall Street brokerage firms. It is now run by Kevin & Gretchen both formally trained at NYSE traded corporations. Its Philanthropic entity invests for the public good in the family’s nonprofit. Kevin is a Financial Freedom Fighter, who as an epigrammatic writer illustrates  how emotional intelligence leads to decision processes that enable economic dignity & improves quality of life. He published two books as well as numerous articles and blogs on economic and financially related topics and his third book will be out in 2023. Kevin has also had radio appearances on NPR’s Market Place, NPR affiliate KJZZ-FM, KXTZ-FM, as well as television appearances on KPNX-TV, KVVU-TV5, KNXV-TV. He currently resides in Scottsdale, AZ

“Peace through Prosperity” projects to challenge Injustices through Self-empowerment.
Kevin Palmer writer-rebel-producer-poet http://KevinjPalmerAuthor.com

Kevin Palmer Arizona http://KevinjPalmerAuthor.com

Kevin Palmer www.thequietrich.com

Author Kevin Palmer http://reawakeninganamericandream.com 

Kevin Palmer Arizona www.smainstitute.com

Kevin Palmer Phoenix www.kevinpalmerscottsdale.com

 

 

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Smart People Prosper https://kevinpalmerscottsdale.com/2022/03/17/smart-people-prosper/ Thu, 17 Mar 2022 15:21:12 +0000 http://kevinpalmerscottsdale.com/?p=1450 Having a black-and-white opinion makes people an easy fit for a world view of either communism or capitalism. In either case smart people prosper in most any situation with stability. America is mostly immune to world crisis and we have the luxury of safety and speculation from the sidelines but Read more…

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smart people prosperHaving a black-and-white opinion makes people an easy fit for a world view of either communism or capitalism. In either case smart people prosper in most any situation with stability.

America is mostly immune to world crisis and we have the luxury of safety and speculation from the sidelines but Sunday morning quarterbacking won’t protect anyone.

Liquidity in capital markets is drying up and may lead to market malfunctions. Russian crypto currency wallets are filling to 40 million dollars each as money moves out of our US treasures.

Cyber-attacks by “anonymous” against the Russians are quietly condoned by the same American leaders who called out similar attacks by Russia against us last year.

Embargos mean less oil to us which means more drilling and environmental damage in our backyard and it will go deeper, so to speak.

The best way for this War to end, is quickly regardless of who wins. Right now, the world is on fire so beware of being sucked into anybody’s agenda.

SMA Institute

 

 

Palmer Private Equity, is rooted in Kevin’s Behavioral Economic Research that once set standards for Wall Street brokerage firms. It is now run by Kevin & Gretchen both formally trained at NYSE traded corporations. Its Philanthropic entity invests for the public good in the family’s nonprofit. Kevin is a Financial Freedom Fighter, who as an epigrammatic writer illustrates  how emotional intelligence leads to decision processes that enable economic dignity & improves quality of life. He published two books as well as numerous articles and blogs on economic and financially related topics and his third book will be out in 2023. Kevin has also had radio appearances on NPR’s Market Place, NPR affiliate KJZZ-FM, KXTZ-FM, as well as television appearances on KPNX-TV, KVVU-TV5, KNXV-TV. He currently resides in Scottsdale, AZ

“Peace through Prosperity” projects to challenge Injustices through Self-empowerment.
Kevin Palmer writer-rebel-producer-poet http://KevinjPalmerAuthor.com

Kevin Palmer Arizona http://KevinjPalmerAuthor.com

Kevin Palmer www.thequietrich.com

Author Kevin Palmer http://reawakeninganamericandream.com 

Kevin Palmer Arizona www.smainstitute.com

Kevin Palmer Phoenix www.kevinpalmerscottsdale.com

 

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Another Reagan Recession Like 1979 https://kevinpalmerscottsdale.com/2022/03/16/another-reagan-recession-like-1979/ Wed, 16 Mar 2022 17:45:52 +0000 http://kevinpalmerscottsdale.com/?p=1447 We are in the middle of a “Black swan” event that will result in European recession. Another Reagan Recession Like 1979? Historically, global stocks have recovered and posted gains after periods of armed conflict—except when a recession followed. In the U.S. we have soaring energy prices and rising inflation, which Read more…

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We are in the middle of a “Black swan” event that will result in European recession.

Another Reagan Recession Like 1979?

Historically, global stocks have recovered and posted gains after periods of armed conflict—except when a recession followed. In the U.S. we have soaring energy prices and rising inflation, which will hurt household spending. The U.S. household savings rate is already at its lowest point since 2013, providing little cushion for consumers.

The economics in nontheoretically terms of “lies propped up by lying oligarchies”, is Federal Reserve is caught in the middle before today’s meeting. My trading bet, is higher rates and tighter monetary policy for months ahead because they are losing their own war against inflation.

Add to that the perennial standoff in Washington over the federal budget and more than $13 billion in aid for Ukraine plus the massive government infrastructure funding bill, and the economics are simple.

Escalation of massive spending agreements in Congress will lead us into recession.

 

Kevin J Palmer Author - Recession in 1979

 

 

Kevin J Palmer is a financial industry veteran devoted to challenging economic injustices by empowering others to attain Financial Freedom. His proficiencies are rooted in decades of driving performance for Wall Street giants Merrill Lynch and Paine Webber. Then, as Managing Director at Strategic Management Advisors where partnering with other executives, he built better broker-dealers by improving business models during an industry paradigm shift. Opposing power in the hands of the too few, this writer, rebel, producer, poet exploded into advocacy to end economic abuse and assure morally achieved wealth. Humbled by blessings and aversion to seeing suffering, this unabashed champion of financial justice also participates in wildlife rescue, environmental stewardship–and as recipient of the Governors Archaeology award, is fascinated by the lives of individuals who lived thousands of years ago. By then I had my fill of traveling around the country making myopic security industry owners richer and began doing behavioral research exclusively—not to mention indulging in an old bad habit of Day Trading. Soon, as a give back, so to speak, I began advising the Governor and State Treasurer, pro bono, on how to navigate the Great Recession that we were in the middle of, by keeping businesses open and attracting new enterprises to Arizona. As it turned out I discovered that “we the people” were merely slaves to a self-serving system. My years on “The Street” taught me to understand tone of the tape and how to dull beta and enhance alpha. Working with empty suits who had escaped to government because they would have failed in the private sector, quickly resulted in my frustration. Changing course, I began using my research to write, albeit seditiously at times, about how to resist falling prey to corrupt political machinery that shackles common mankind for its own benefit

Palmer Private Equity

Dates EmployedOct 2017 – Present

Employment Duration3 yrs 4 mos

LocationScottsdale AZ.

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Negotiate Peace by Giving up Power https://kevinpalmerscottsdale.com/2022/03/03/negotiate-peace-by-giving-up-power/ Thu, 03 Mar 2022 18:12:05 +0000 http://kevinpalmerscottsdale.com/?p=1437   If President Zelenski’s interests were purely the Ukrainian people, he’d negotiate a quick peace by giving up his power to save lives and suffering. However most, so called leaders, are about themselves first which is why I’m focused on a Music Magazine that equalizes negative vibe with connected music Read more…

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negotiate peace

 

If President Zelenski’s interests were purely the Ukrainian people, he’d negotiate a quick peace by giving up his power to save lives and suffering. However most, so called leaders, are about themselves first which is why I’m focused on a Music Magazine that equalizes negative vibe with connected music and insights that inspire room to move with personal freedoms.

In my latest book I stand with people against political self-interests who think they have a right to tell others how to live. Zelenski asking citizens to fight against the world’s 2nd most powerful military is asking for human shields to protect his position of wealth and power—old historical story. “His people” will benefit better under Russia than death.

PEACE NOW

KjP

 

 

Palmer Private Equity, is rooted in Kevin’s Behavioral Economic Research that once set standards for Wall Street brokerage firms. It is now run by Kevin & Gretchen both formally trained at NYSE traded corporations. Its Philanthropic entity invests for the public good in the family’s nonprofit. Kevin is a Financial Freedom Fighter, who as an epigrammatic writer illustrates  how emotional intelligence leads to decision processes that enable economic dignity & improves quality of life. He published two books as well as numerous articles and blogs on economic and financially related topics and his third book will be out in 2023. Kevin has also had radio appearances on NPR’s Market Place, NPR affiliate KJZZ-FM, KXTZ-FM, as well as television appearances on KPNX-TV, KVVU-TV5, KNXV-TV. He currently resides in Scottsdale, AZ

“Peace through Prosperity” projects to challenge Injustices through Self-empowerment.
Kevin Palmer writer-rebel-producer-poet http://KevinjPalmerAuthor.com

Kevin Palmer Arizona http://KevinjPalmerAuthor.com

Kevin Palmer www.thequietrich.com

Author Kevin Palmer http://reawakeninganamericandream.com 

Kevin Palmer Arizona www.smainstitute.com

Kevin Palmer Phoenix www.kevinpalmerscottsdale.com

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Wasted Capacity Utilization at Major Colleges https://kevinpalmerscottsdale.com/2022/02/02/wasted-capacity-utilization-at-major-colleges/ Wed, 02 Feb 2022 18:19:54 +0000 http://kevinpalmerscottsdale.com/?p=1430 Because of Covid restrictions, expansive equipment at major colleges and universities, goes unused. Covid, myth or monster, has taken big bite out of lives. Over 300,000 jobs unexpectedly lost in January—the expectation was for a net gain. The obsequiousness of it all is getting hard to justify. Major drug store Read more…

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Because of Covid restrictions, expansive equipment at major colleges and universities, goes unused.

Covid, myth or monster, has taken big bite out of lives. Over 300,000 jobs unexpectedly lost in January—the expectation was for a net gain.

The obsequiousness of it all is getting hard to justify.

Major drug store chains who advocated Covid protocols for profits recently closed drive-thru windows to save money.

Now customers huddle together on lines inside stores, conforming hypocrisies of self-serving mega institutions.

 

 

 

 

 

I saw the writing on wall, when the first non-broker trained CEO was appointed at MERRILL LYNCH. My boss, who answered directly to that CEO, said to me after first meeting him, “…some people make bold moves to climb to the top. Others hide behind them so they don’t get shot in hopes of reaping spoils, if others fail. Time to take the severance package before this ship blows itself up…” I requested mine to be finalized on May 8th the day Joan of Arc liberated Paris in 1429. Not long after, two executives and I were advising other firms on how to be better Broker-Dealers. Four months almost to the day, on what would have been my usual quarterly visit to Merrill Lynch headquarters in New York City. The Twin Towers were attacked. Seven years later my old firm MERRILL LYNCH collapsed under subprime and credit default swap mistakes. The rest of the financial markets and the country’s economy followed.

Author and Journalist Kevin Palmer strategicmanagementadvisors.com

SMA Institute Kevin Palmer http://KevinJPalmer.com

Kevin Palmer discharged http://KevinPalmerArizona.com

Wealth Expert Kevin Palmer http://KevinJPalmer.com 

Hidden secrets first-time millionaires have used to gain abundance https://www.youtube.com/watch?v=LE_vB0e6akg&feature=youtu.be

 

 

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CEOs Understand Business Change https://kevinpalmerscottsdale.com/2021/12/15/ceos-understand-business-change/ Wed, 15 Dec 2021 16:44:23 +0000 http://kevinpalmerscottsdale.com/?p=1420 Trends facing business in 2022 and beyond Contributor Diane Stewart Savvy CEOs understand that business can change as trends become norm rather than the exception. They know that shifts in their industry, locally or globally, can have an immediate impact on their companies, sometimes for the long term. Noticing those Read more…

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Trends facing business in 2022 and beyond

Contributor Diane Stewart

Savvy CEOs understand that business can change as trends become norm rather than the exception. They know that shifts in their industry, locally or globally, can have an immediate impact on their companies, sometimes for the long term.

Noticing those shifts can allow them to respond strategically rather than with knee-jerk reactions to fads. And how your business capitalizes on trends in social change, politics or technology or the environment can affect your ability to evolve in the right direction.

Our annual four-part series from Marc Emmer, president of management consulting firm Optimize, Inc., covers the trends business leaders can capitalize on as they develop their strategic plans for 2022. Business leaders can inspire innovation and avoid stagnation by embracing trends that align with their mission, vision and purpose.

Keep current with the latest developments with the following analysis of 4 areas of change:

Part 1: Social trends facing business in 2022 and beyond

The “Great Resignation” has been coined to describe the mass exodus of employees. One of the more shocking statistics is the number of Americans choosing not to work at all. This is just one of the social trends that will impact business in 2022 and beyond.

Part 2: Technology trends facing business in 2022 and beyond

The COVID-19 pandemic has spurred a massive digital transformation. Nearly every industry needs to consider the impact of artificial intelligence, machine learning and digitization. Those who choose not to participate will be left behind.

Part 3: Ecological trends facing business in 2022 and beyond

In 2021, the National Oceanic and Atmospheric Administration calculated that climate disasters in the U.S. have cost over $100 billion. Businesses are gaining a stronger appreciation for their responsibility to protect the environment with efforts like these that support sustainability.

Part 4: Economic trends facing business in 2022 and beyond

Just as the economy began to bounce back from the economic shutdown of 2020, business owners were hit with unprecedented supply chain shocks, labor shortages and inflation. As we look ahead, CEOs must reconcile which economic conditions are transitory and which ones are here to stay.

 

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“WORKERS QUIT JOBS IN DROVES TO BECOME THEIR OWN BOSSES” Wall Street Journal 11/30/21 https://kevinpalmerscottsdale.com/2021/12/04/workers-quit-jobs-in-droves-to-become-their-own-bosses-wall-street-journal-11-30-21/ Sat, 04 Dec 2021 15:44:45 +0000 http://kevinpalmerscottsdale.com/?p=1415 Thoughts from Jack Eberenz. The U.S. Labor Department reports that unincorporated self-employed workers have risen by 500,000 since the start of the pandemic.  Workers are seeking flexibility and employees are discovering their inner entrepreneur according to the WSJ.  What an opportunity for franchisors, a proper message appealing to these entrepreneurial Read more…

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Thoughts from Jack Eberenz.

The U.S. Labor Department reports that unincorporated self-employed workers have risen by 500,000 since the start of the pandemic.  Workers are seeking flexibility and employees are discovering their inner entrepreneur according to the WSJ.  What an opportunity for franchisors, a proper message appealing to these entrepreneurial minded people can show the way to owning their own business and reducing risk.

Labor Department data shows that a record 4.4 million resigned from their job in September of 2021, showing the general desire to be in more control over their lives and priorities.  While a significant number of these 500,000 added to the self-employed market may be those who do not want employees or just want to work alone that still leaves hundreds of thousands who might make good franchisees.

Already we are seeing the impact, in 2021 franchising’s contribution to the U.S. continued to grow:*

  • 16 million jobs
  • 2021 projected payroll $780 billion.
  • 7.4% of GDP

With this strength in the growth of franchising the New Year brings on the strategic question of whether to grow a concept by franchising or by company owned units?  There are many factors involved including the capital required to open units, management’s abilities, need for rapid market penetration, ability to teach the system, profitability, etc.  So it’s probably a good idea to get the opinion of an expert, thankfully that has kept me in this business for over 40 years.  Here are some of the things I consider to gauge the potential of a start up franchise:

  • At least one and preferably several or many company owned stores that are successful.
  • Then we measure the ROI after royalties.
  • Is the business teachable?
  • Do they have a registered trademark and have they protected other intellectual property rights.
  • Does management have the right mind set to lead franchisees, not boss them?
  • Is there sufficient capital to not only set up the franchise system with legal and business requirements but will there be capital to launch the hunt for franchisees?

What are the advantages of using franchising?

  • Rapid market penetration.
  • The franchisees supply most of the capital for growth.
  • The franchisee become management with “skin in the game”.
  • You build a community of like-minded people that can provide collaborative excellence to propel the whole system to new and greater heights.
  • Reduced risk because of the proven business systems.

This mini overview is just to remind you that franchising is real, continuing to grow and worth protecting.

 

 

 

*Statistics were taken from multiple sources including U.S. Labor Department, FranData, the IFA and other industry sources.  Jack Eberenz is a franchise consultant and advisor. Can be reach at jack@franway.com

 

 

 

 

 

Dates EmployedOct 2017 – Present

Employment Duration3 yrs 4 mos

LocationScottsdale AZ.

 

 

 

 

The post “WORKERS QUIT JOBS IN DROVES TO BECOME THEIR OWN BOSSES” Wall Street Journal 11/30/21 first appeared on Kevin J Palmer Scottsdale.

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