Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin and Alfie Oakes
  • World Gold Mine Production
  • Fidelity and Vanguard Since 1971

Is Your Business Prepared for Disaster?

August 1, 2017 By E.J. Smith - Your Survival Guy

So you’ve trained with your guns and stored freeze dried foods and water in preparation for any coming apocalypse. But what about your business? Are you ready to keep operating in the face of disaster?

Most disasters aren’t world ending. Unlike in the movie Fight Club, after most hurricanes or tornadoes, your debt won’t be wiped out. You’ll still have to show up for work on Monday and make ends meet, only now in the face of infrastructure problems and displacement.

For a glimpse of this reality, look no further than the hotel and B&B owners along Cape Hatteras today. The Cape is out of power for the fifth day in a row, and hotel owners who didn’t think ahead by purchasing backup generators for their properties are refunding guests their money. CNN reports on motel owner Janet Dawson:

An emotional Dawson was particularly worried after utility officials late Sunday said repairs to power cables damaged last week could take between one to two weeks.

“People make money in summer to live through the winter,” said Dawson, who operates the Cape Hatteras Motel. She’s had to refund all the motel’s reservations, and has already lost tens of thousands of dollars.
“Two weeks would put us out of business, two weeks is beyond the pale … I think we could limp along, but we would run out of money and would have to close some time in winter.”

At the peak of their earnings season, these Americans are returning their customers’ money because of a system failure completely out of their control.

Your life should be in your control. That’s the essence of preparedness. You need to financially and physically (i.e. generator, supplies, off site backup, etc.) prepare your business for a disaster. Don’t wait. Start now.

Related Posts

  • Is Your Small Business Disaster-Ready?
  • How Ready is Your Business for a Disaster?
  • Being Prepared for the Worst
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Investing Habits of the Fairly Wealthy: #10 Powerball - September 29, 2023
  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While” - September 29, 2023
  • “Then One Day the Grandfather was Gone” - September 28, 2023

Dick Young’s Must Reads

  • Protection While Traveling in France
  • Who Will Pay the Price for LEDs?
  • “The Great Object Is that Every Man Be Armed”
  • Your Survival Guy Prefers Bombardier’s Global Express 7500
  • My Key West Garden Office
  • U.S. Survival AR-7
  • Your Survival Guy’s 2022 Super States: #1 New Hampshire
  • Vermont Abandoned, Dairy Farm Economy Devastated
  • Sen. Hawley Makes the Case Against U.S.-China Relationship
  • Ron Paul: “Freedom and Central Banking Are Not Compatible”

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • “Then One Day the Grandfather was Gone”
  • India Choose to Promote Coastal Trade. The US Should Too
  • “No Way I’m Spending That Much on Those”
  • The War Machine’s Manpower Problem
  • Profits Becoming Elusive in China
  • “You Didn’t Eat That Again, Did You?”
  • Your Survival Guy Fishing with Dolphins
  • The Single Worst Market Timing Event in History
  • Government Intervention Begets More Intervention

RSS Yoursurvivalguy.com

  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
  • Your Retirement Life: Striped Bass Fishing off Block Island
  • “Then One Day the Grandfather was Gone”
  • How Joe Biden Raised Oil Prices
  • Is the Philadelphia Looting Spree the Wake-up Call America Needs?
  • “No Way I’m Spending That Much on Those”
  • What Trade Policy Serves America’s National Interest Best?
  • California Wants to Make the 2nd Amendment Unaffordable
  • “You Didn’t Eat That Again, Did You?”

US Treasury Yield Curve: My Favorite Investor Tool

Five Year Treasury Yield

Bidenomics: Distrust of Public Officials and Institutions

Investing Habits of the Fairly Wealthy: #10 Powerball

“The Goal Is to Break Down the Individual”

Blackwater Founder Erik Prince a Hillsdale College Graduate

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives