Coronavirus Adaptations for Local Businesses

In Conscious Growth Club, we’ve been discussing the coronavirus situation since February 26, and our discussion thread called “Coronavirus preparation” is now up to 325 posts and still growing. Perhaps a half-dozen related threads have been started as well, as members are discussing topics like self-care in isolation, immunity boosting tips, and sharing updates on what’s happening in different countries. So we’ve had some visibility on it this sooner than most, which gave us a head start on mentally and emotionally preparing ourselves for it. Contrast this with various local businesses that haven’t been as aware of what’s coming up and were thrown for a loop at the speed and surprise of changes coming at them. Let me share some local Las Vegas businesses how have been adapting. Casinos and Hotels The casinos and hotels are shut down statewide. So the Vegas Strip is shuttered. This essentially turns off the flow of money coming into the city. The larger operations seem to be paying their employees for the next 2 weeks up to 30 days, but the smaller ones are already laying people off. I read that about 206K casino employees are out of work now. This is going to crash the cities economy, badly enough that I think it will take years to recover. When we reach the point that the bigger casinos have to start laying people off, it will take them a long time for them to rebuild afterwards. And it will take a while to rebuild ...
Source: Steve Pavlina's Personal Development Blog - Category: Psychiatry & Psychology Authors: Tags: Health Productivity Source Type: blogs