This Business News Story Was Uncovered By Us From: https://blog.eonetwork.org/2020/05/advice-from-warren-rustand-put-your-head-down-and-walk-into-the-storm/
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Written for EO by Kalika Yap, an Entrepreneurs’ Organization (EO) member in Los Angeles. Yap is a thriving serial entrepreneur whose businesses include Citrus Studios, Luxe Link, and the Orange & Bergamot.
She recently attended a Facebook Live stream interview between EO Global Board Director Winnie Hart and Warren Rustand, co-founder of EO’s Leadership Academy in Washington, D.C. The conversation addressed the global pandemic, with EO members asking questions and Rustand providing insights on clarity of vision and certainty of intent.
Kalika Yap shares highlights from the presentation.
You’ve got this.
That’s the message about COVID-19 from Warren Rustand. Rustand has run more than a dozen companies during this career, most recently Providence Service Corp., a publicly-traded social service and transportation firm. He’s taken at least one through bankruptcy, and he’s lived through every crisis in the past 70 years.
In his office in Tucson, Arizona, he has a bronze sculpture of a cowboy in a long rain coat, head down, that Rustand looks to for inspiration. He bought it during that bankruptcy.
“Regardless of the weather, we still have to put our hat down, our rain slicker on, our face into the wind, and stride into the storm,” Rustand says.
Rustand says he’s had calls from more than 300 business leaders at small and medium-sized companies looking for advice. About a third of them have already closed their businesses, or will do so soon. Another third will have tough decisions in about 90 days, when cash starts to run out. The last third seems like they will make it.
Rustand admits that this pandemic probably feels different from anything a young entrepreneur has had to… Read More
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