Correct Craft Shifts Production to Make Face Masks for Hospitals

This article was originally published here by Robb Report

— by Michael Verdon

Correct Craft, the parent of multiple boat and engine brands, including the high-end Nautique line of towboats, has reassigned production team members to Covid-19 work in its Orlando, Fla., and Modesto, Calif., facilities.

The boatbuilder is making medical-grade face masks and plastic face shields for regional hospitals and other facilities. “We’ve temporarily suspended boat production and are using some of those resources to do Covid-19 work,” Correct Craft CEO Bill Yeargin, told Robb Report. “Our Correct Craft team is happy to help our health care community during this global pandemic.”

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If you want to learn more about Correct Craft to hear the story of their entrepreneurial journey, check out their video, as featured in our Top 100 Video Stories for Faith Driven Entrepreneur pages. Click on the image below to watch the video…

Give and Take by Adam Grant

We continue to count down the Top 100 Books for Faith Driven Entrepreneurs with…

Give and Take

by Adam Grant

For generations, we have focused on the individual drivers of success: passion, hard work, talent, and luck. But today, success is increasingly dependent on how we interact with others. It turns out that at work, most people operate as either takers, matchers, or givers. Whereas takers strive to get as much as possible from others and matchers aim to trade evenly, givers are the rare breed of people who contribute to others without expecting anything in return.

Using his own pioneering research as Wharton’s youngest tenured professor, Grant shows that these styles have a surprising impact on success. Although some givers get exploited and burn out, the rest achieve extraordinary results across a wide range of industries. Combining cutting-edge evidence with captivating stories, this landmark book shows how one of America’s best networkers developed his connections, why the creative genius behind one of the most popular shows in television history toiled for years in anonymity, how a basketball executive responsible for multiple draft busts transformed his franchise into a winner, and how we could have anticipated Enron’s demise four years before the company collapsed–without ever looking at a single number.

Click on the book cover to check out the Reviews and Purchase at Amazon


The Case for Restarting Society Now

— by Luke Roush

Summary Statement: The time is now to urgently begin restarting our society. This is imperative to ensure mid- and long-term human flourishing. With the same level of urgency that we moved toward implementing restrictions, we as citizens must urgently push our nation towards a thoughtful economic restart. National leadership is the art of motivating a group of citizens (not subjects) to act toward achieving a common goal. Our leaders must weigh a multitude of inputs and make bold policy decisions to promote human flourishing in the days ahead. We must hold them accountable to this duty. 

Looking Out the Front Windshield – It is not the right time for a retrospect on what should have been done differently in this crisis, but now is a critically important time for us to be focused on how our national posture must shift from being ‘on our heels’ to ‘leaning forward’ into what we do best as a nation. It’s important to note that my views are not framed primarily in economic outcomes. Our decisions as a nation can’t be directed solely (or even mostly) at outcomes like GDP growth or stock prices. These metrics matter as they eventually impact human flourishing, but they are secondary to our leadership mandate to do the most good for the most people possible. Our primary mandate must remain focused on the maximization of human flourishing, which includes both short- and long-term health and wellness outcomes.

Our Current Reality – The question now is whether we believe our healthcare system will actually be overrun in the near-term. With perhaps a few exceptions for short periods of time, we have not experienced a shortage of workers, ICU beds, or life-saving equipment. In fact, utilization rates have fallen dramatically in every healthcare system I have spoken with. Hospitals are going to be against the ropes financially due to their proactive freeing of capacity, as well as patient-driven cancellations. Most systems are facing 25-50% Q2 revenue shortfalls, and this topline miss will translate to huge losses given the low margins and fixed overhead inherent within healthcare. A number of systems are beginning to furlough or lay off employees due to this reality. A governmental bailout will almost certainly be necessary.

Some are arguing that the surge of patients is still in the pipeline, though experts increasingly agree that is less likely with each passing day. Recent modeling adjustments have revealed forecasting challenges, as the estimates were revised from 100,000-240,000 deaths to 60,000 deaths within a few days’ time earlier this week. It’s hard to read this kind of data in linear form, so I encourage you to look at the U.S. logarithmic charts on infections and deaths available at this data source.

While hospitals await the COVID-19 ‘surge’, hundreds of thousands of patients awaiting elective procedures are wondering when their procedures can be rescheduled. The term ‘elective procedure’ may imply ‘optional’, but that is hardly the case. These procedures include cardiac catheterizations (diagnostic and interventional), heart surgeries, joint procedures & replacements, back & neck surgeries, colonoscopies, gastric endoscopies, and many interventional radiology procedures, to name a few. In other words, we’re not talking about patients waiting to get a breast augmentation and tummy tuck. These are significant procedures that will have important diagnostic and therapeutic implications for patients. 

Continuing to Quarantine = Deepening the Ditch – In the same way that lives depended on quick action a month ago to curtail mass gatherings where widespread infections might have otherwise occurred, we must have the same sense of urgency in moving back towards a functioning society. Every day that we remain in shutdown carries a cost in human flourishing – both death and other forms of suffering.

While death and suffering is not directly linked to the economy or employment statistics (17 million citizens filed for unemployment in the last three weeks, and more jobless claims are en route), there are well documented indirect linkages tied to those economic statistics – problems like suicide, homicide, incidence of domestic violence, depression, child abuse, substance abuse, divorce, unwanted pregnancy, and other forms of abuse/illness which are correlated with unemployment and economic loss. These issues are particularly prevalent among citizens who don’t have access to a healthy bank account, or a 401(k) reserve, or a stable nuclear and extended family, or resource networks which can provide support in a time of need. These problems must be treated with great concern, as they are second-order effects of our current public policy, which will show up and carry a decades-long tail of negative after-effects.

An argument I’ve heard recently is that “We can’t possibly put a price tag on a human life.” While the essence of this comment resonates, the reality is more nuanced. This is an imperfect illustration, but each year ~1,250,000 people die in automotive wrecks. Most of these are, presumably, avoidable. Given the driver safety statistics, why do we let citizens <21 or >80 years old drive at all? Why don’t we limit the hours that can be driven by each person in each day to reduce drowsy driving? Why don’t we forcibly retire old vehicles that are heavy and/or unsafe (as Singapore does)? Why are people even allowed to drive routes where safer mass transportation options exist? Why do we allow the manufacturing of cars that drive >75 MPH? Why aren’t there full canopy airbags in every vehicle? Why isn’t a breathalyzer required to start a car at all times? Why don’t we have more Life Flight helicopters available to accelerate patients from serious car wrecks to the hospital? Why don’t we mandate Tesla-style autopilot for ALL cars, which would presumably be far less expensive than the $6,000+ for every man, woman, and child in the country (which we are spending via $2 trillion in stimulus funds)? 

Some of these questions are, of course, silly. But the facts are that there is data about the cost of mandating safety in a $$’s-per-life equation. The metric of Quality Adjusted Life Years (QALY) is used extensively in healthcare, to help with the economic evaluation of medical interventions. Typical benchmarks within the U.S. range from $50,000-150,000 per QALY. Based on $2 trillion in stimulus and an estimated 60,000 deaths, our current level of stimulus is suggesting just over $30 million per anticipated death in expenditures. This is not apples-to-apples, but the raw numbers are what they are and worth noticing. My main point is that there is a balance we must discern as a society between short-term outcomes and long-term outcomes. Safety and affordability. Community security vs. individual liberty

There are anecdotes on this last tradeoff of security vs. liberty which can be drawn from the South Korean and Singaporean responses to COVID-19. Here in the U.S., we could absolutely save lives if we submitted to government-directed surveillance and a more militarized tact, but that approach would not be accepted by Western citizens as it was in Asia – A Brave New World is seared into our memories. Thankfully, both political parties seem to grasp this and understand the dangers of letting that surveillance genie out of the bottle. There are real tensions to be managed at a public policy level, and lives saved in the near-term isn’t the only metric that matters. Long-term flourishing and individual liberties matter. A lot. 

 

A Draft Blueprint for Restarting Society – As citizens, it is our responsibility to agitate for restarting society. We must be able to engage in a meaningful dialogue that balances both near-term and longer-term human flourishing objectives. Should all of us immediately go back to life just as it was before? No. Things are going to be different. Much of what we’ve implemented must continue in some modified form. COVID-19 case volumes are going to go up as we restart society, but hopefully with a tilt towards those less likely to require hospitalization. Those more likely to require hospitalization if they become infected – the sick and/or elderly – should continue to self-quarantine until we have a better handle on local conditions through widespread testing, and a solid treatment protocol. As fellow citizens, we must find ways to love and care for these brothers and sisters as they remain isolated. As the Gospel of Matthew (32:37-40) instructs us, other than loving God, our greatest commandment is to love our neighbor. The rest of the Gospel hangs on those two commandments, and that’s an important reminder as we head into this Easter weekend. 

What we cannot do is say, “Well, until we have a vaccine, we’re just going to be living like this.” That is a recipe for utter disaster. The risks and rates of infection are widely varied in different countries, states, and communities. Blanket policies will paralyze our movement, and we must focus on a more rapid and nuanced return to functionality. 

This restart could look like:

  • Back to Work for Most – All citizens under the age of 65 and without an underlying condition will aim to return to work on Monday, April 20th. Depending on the nature of each work environment, rotational WFH and/or a 3rd shift may be necessary to reduce personnel density. Americans want to work, and will find a way to make things work. 

  • Continued Quarantine for Some – All workers over the age of 65 or with an underlying condition will remain in self-quarantine until conditions are deemed safe by local authorities – hopefully at some point in May. Since these are the patients more likely to end up in the hospital, appropriate discretion should be used with regard to continued social distancing.

  • Health Checks and Cleaning Protocols – Everyone arriving in an office / factory / other group setting will be screened and use appropriate protective equipment while in public. If not already completed, cleaning protocols will be updated. 

  • Public Transit and Events – All those using public transit will wear protective equipment and undergo some form of low-friction screening. Depending on local conditions and other factors, state and local governments will determine what is sensible in the way of events and gatherings.

  • Testing and Monitoring – Testing will be made available for anyone exhibiting symptoms, and case volumes will be monitored for any sign of meaningful expansion which could overwhelm a local healthcare system. Given measures 1) thru 5) above, the likelihood of an outbreak such as what occurred in China/Italy/NYC becomes near-zero. If facts on the ground evolve negatively, we adjust and proceed on a local or regional basis. 

My hope and prayer is that, as citizens, we recognize the data that is unfolding and have the courage to quickly step back towards a functional economy along the lines of these draft thoughts. This will be an incredibly challenging journey, but we must quickly begin for the well-being of our fellow citizens, and the future of our nation. America is a beacon of freedom and light for citizens all over the world, and now is a great time for us to step forward into that leadership.

For more information on COVID-19, please see our page highlighting some of the best resources out there for Faith Driven Entrepreneurs in this season.

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[Thanks to Martin Adams for the cover photo]

A Coronavirus Great Awakening?

This article was originally published here by The Wall Street Journal

— by Robert Nicholson

Could a plague of biblical proportions be America’s best hope for religious revival? As the 75th anniversary of the end of World War II approaches, there is reason to think so.

Three-quarters of a century has dimmed the memory of that gruesome conflict and its terrible consequences: tens of millions killed, great cities bombed to rubble, Europe and Asia stricken by hunger and poverty. Those who survived the war had to grapple with the kinds of profound questions that only arise in the aftermath of calamity. Gazing at the ruins…

Click here to read the full article!

For more information on COVID-19, please see our page highlighting some of the best resources out there for Faith Driven Entrepreneurs in this season.

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[Thanks to David von Diemar for the cover photo]

Your Relationships Are Only as Healthy as You Are

At the end of every podcast, we like to ask our guests to share what God has been teaching them in this season of life. This week’s guest is Les Parrott III, Ph.D., the founder of RealRelationships.com and a Professor of Psychology at Seattle Pacific University. He is also co-creator, with his wife Leslie, of eHarmony Marriage.

Ephesians 3:17-19

I pray that you, being rooted and established in love, may have power, together with all the Lord’s holy people, to grasp how wide and long and high and deep is the love of Christ, and to know this love that surpasses knowledge—that you may be filled to the measure of all the fullness of God.

One verse that just keeps coming back to me is from Ephesians where Paul talks again and again about experiencing the breadth and depth of God’s love and the extravagant dimensions of Christ’s love. 

And that really is the starting point for all of us. Entrepreneurs are not the only ones that struggle with having healthy relationships. And I got to tell you, there are some entrepreneurs that are just incredible salespeople. Right. And they’re so smooth with other people, but they can still have rocky relationships because they’re in sales mode.

There are other sides to this because we all have different ways of being entrepreneurs, and they all have risks of kind of faltering on the relationship front. And so I mention that to say, when you come back to wanting to build healthy relationships, it comes back to really understanding not just with your head, but with your heart, and feeling that deep in your bones and in your spirit that God loves you. 

If you were the only person on the planet to love, God would love you. And that’s not a new insight for me, it’s one that I continue to come back to because it’s new every day to keep saying that. 

And even in this conversation, one of you said, well, I know that’s not the best way to do it. I feel guilty about that. God loves you as if you’re the only person on the planet to love. And our next book is called Healthy Me, Healthy US. And remember, I told you we had a course on our campus for a while, for 20 years or so, Relationships 101. And on the very first night of that course, we tell these students there’s no pop quiz, there’s no midterm, there’s no final. Because this is a pass-fail course. 

But we tell them on the very first night, we want you to write down at least one single sentence. Doesn’t matter if you take any notes for the rest of the semester. At least write down this single sentence. And we tell them that this sentence will revolutionize the relationship. 

This idea is that if you try to build intimacy or a connection with another person before you’ve done the difficult work of getting healthy, getting whole on your own, all your relationships become an attempt to complete yourself. 

The idea of “you complete me” is such a misnomer. It’s great. It’s a romantic thing to say, but if you really buy into that, that this person can complete you, you’re setting yourself up for serious heartache. Nobody can do that because ultimately your compulsion for completion is met in your relationship with your Heavenly Father, not with this other person. 

Sure, they may help you on the path to wholeness, but it’s not their job. And so many of us get so frustrated in a marriage relationship because we think this person is supposed to do that for us. And so we lean on each other and it looks romantic at the beginning, but then we start to pound down on each other. And hey, I thought you were so and so. Or, if you were a good husband or a good wife, you would do this for me. And so I’m passionate about that these days is helping people really get healthy themselves because this is a big aha for me. Your relationships can only be as healthy as you are.

Therefore, the most important thing you’ll ever do for your relationships, whether it’s your marriage or your colleagues at work or the people in the church board that you serve with or even a stranger. The most important thing you will ever do in your relationships isto work on who you are in the context of them.

And like I said, for me, that begins with standing firm on how incredible God’s love is to us.

Podcast Episode 102 – The Entrepreneur’s Time-Starved Marriage with Les Parrott

We spend a lot of time on this show talking about entrepreneurs. Duh, right? That’s the name of the show. But today, we want to veer off our normal business strategy conversation and talk about life outside of work—primarily, time with our family. Today’s guest is Les Parrott. He works alongside his wife Leslie who shares the same passion for helping others build healthy relationships. 

The Parrotts have been featured in USA Today and the New York Times, and they have also appeared on CNN, The Today Show and Oprah. As #1 New York Times best-selling authors, their books have sold over two million copies in more than two dozen languages. 

In addition to all of that, Les is a professor of psychology at Northwest University, and together they are founders of the Center for Healthy Relationships. Today we had Les on to talk about one of their new releases—a video project with RightNow Media, called “The Time-Starved Marriage.”

It’s a fitting topic for entrepreneurs. Listen to Les shared with us some of their relationship wisdom, talked about the importance of time management, and gave us insight into what makes a great marriage tick. Let’s listen in…

Useful Links:

Les and Leslie Parrott Website

Your Time Starved Marriage

Better Love Assessment

Yada Assessment