During his portion of this breakfast program, Rick spoke to the choice presented by “F.E.A.R.” Business owners are faced with a choice to Forget Everything and Run or Face Everything and Rise. It’s important to face business fears and concerns head-on before they grow into larger problems.
Proactive vs. Reactive
Current events have put cybersecurity on the minds of many business owners and consumers alike. A KPMG survey showed that only 55% of businesses had spent capital on cybersecurity. Why? There are likely many reasons. Perhaps companies think it’s too costly to engage that level of protection, or perhaps business owners think it could never happen to them.
Consider the ramifications of not facing a business challenge while it’s still a relatively small, manageable problem. The recent data breach at Yahoo, for instance, which occurred after the announcement that Verizon would be buying the company. Because of the unknown extent of the breach and its lawsuits, Yahoo’s purchase price was devalued to $350 million less than the original agreement.
Face Everything and Rise
We highly encourage any large or small business owner to not neglect your technological infrastructure and your legal rights and responsibilities. Embrace the technology and the responsibility. Embrace the burdens and the benefits. Collaborate with people you know and trust. All the while staying true to who you are as a business person and why you started your business in the first place.
Think about the potential issues and problems that could come your way as a business owner, and choose to face everything and rise. There are good people out there to help you along the way.
As an attorney, my mission is to troubleshoot and find solutions to a client’s legal problem. It’s critical to pay attention and look at every aspect of a situation. We take pride in helping our clients find win-win situations.
We are here to be of service as you take your business to the next level and prepare for your future and would be happy to meet with you and discuss your concerns. Contact us today.
Richard Howard, Jr. is one of the most respected, dedicated and hard-working litigation attorneys in Bucks County. As a trusted advocate and counsel for his clients, Rick draws upon his strong judgment, undaunted work ethic, and extensive 24-year experience handling wide varieties of challenging and simple civil litigation matters, to effectively handle each client’s most difficult legal matters in today’s world. Rick prides himself on getting to the “real issue,” in truly relating to each situation, and doing what is “right” for his clients and in accordance with the Golden Rule.
This article is designed for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.