Businessman and philanthropist, W. Clement Stone, writes at great lengths about the importance of maintaining a positive mental attitude (PMA) – a sentiment he applied to all aspects of his life. In the words of this icon, “To every disadvantage there is a corresponding advantage”. If there were ever a time for all of us to take these words to heart, it is now.
Every individual is adjusting to a new norm and learning more about themselves and how important people matter in their life. Families are struggling with financial uncertainty, prolonged social distancing, concern about elderly members, extensive online education and the still unpredictable virus spread. The business communities, if working at all, are adjusting to Zoom, GoToMeeting or Skype to build the professional relationships necessary to achieve short and long-term objectives. It is impossible to separate the individual’s, the family’s, and the business’s struggles during this pandemic.
Every small and middle market company is feeling the effects of COVID-19: Essential businesses are feeling an immense pressure to protect their teams while still meeting increased service demands. Non-essential businesses are feeling the anxiety of honoring employee relationships while planning to retain customers, and both are quickly realizing the difficulty of navigating the $2T CARES Act Congress passed last week to provide them emergency assistance. Even in these craziest times, there are still plenty of opportunities to stay positive about what the future holds.
Yes, there are tactical moves required today while the positive leaders are thinking big, thinking growth, thinking this readjustment period now extended to April 30, is an opportunity. Every small and middle market company can complete an assessment and can find the bright lights of opportunities. Seminal Venture Inc. recommends a Quality Assessment. SVI’s quality factors focus on Revenue Quality, Profit Quality, Fulfillment Quality, Human Capital Quality, Technology Quality and Compliance/Regulatory Quality. The easy quality assessment will not only help navigate this crisis, it will discover opportunities to strengthen your operations, introduce new products, enhance business processes for customer satisfaction, discover outsourcing opportunities and improve your enterprise value.
If the defined opportunities require additional capital, there is sufficient funds waiting and looking for the right, clearly defined business investment. According to PitchBook, there is roughly $740B of private-equity dry powder. Meaning, capital resource is available for new investments.
Seminal Venture brings color, clarity and courage to business owners through active listening and a proven business processes to take advantage of the positives. Seminal Venture also leverages partnerships for funding alternatives and additional thought leadership to provide growth capital. Our capital and expertise are designed for rapid expansion through M&A and organic growth. This is good news for the small and middle market business owner and a real opportunity.
We experienced the 2008 crash, impact of 9/11 and now the 2019 pandemic. We came through the previous events and together we will be in a better position for the future. Remain Positive. Business owners can quickly complete their assessment and look toward the future. If interested in learning more about the Quality Assessment or Seminal Venture, please contact Rob Vivoda at (630) 335-9891 or via email at rvivoda@seminalventureinc.com. It is worth the 30-minute conversation to hear some positive thoughts during these anxious and uncertain times.
Stay Healthy with PMA!