Hey Folks:
A couple of tweaks ahead for THE FIX. We’re adding content but reducing the frequency. Starting two weeks from now, you’ll receive the Fix every other week, and each Fix will have up to six short points in it (as in “CoverMySix”… See what we did there?!).
Today’s Fix will be the last of the current format (three fixes each week). Hope you’re enjoying them. See you in two weeks!
-Alex
THE FOUNDER’S FIX
Kick the Habit . . .
If you haven’t read James Clear’s Atomic Habits (or, like me, a bunch of summaries of it), you might want to check him out. This book contains great advice for entrepreneurs and optimizers. In the meantime, here are two interesting articles from his blog about habit-forming that are really perfect for my fellow entrepreneurs:
- The Habits Scorecard: Use This Simple Exercise to Discover Which Habits You Should Change
- Habit-Stacking: How to Build New Habits by Taking Advantage of Old Ones
THE LEGAL FIX
Restaurant Revitalization Fund Application Now Open
This week, the Small Business Administration launched the application for the Restaurant Revitalization Fund, a component of the American Rescue Plan Act that provides owners of restaurants, bars, bakeries food trucks and similar establishments with grant funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
Recipients are not required to repay the funding as long as funds are used for qualifying expenses and investments, no later than March 11, 2023. Women, veteran and socially disadvantaged groups will be given first priority to apply for funding, then the application period will open to owners of all eligible businesses.
Information and the application can be found at SBA.gov, and we are available to answer your questions about eligibility, qualifying expenses and the application requirements.
THE RANDOM FIX
Get to the Point . . .
As most of you know, I’m a big fan of “getting to the point” and using Pareto’s Principle (i.e. the 80/20 of everything) to get to the meat of every topic. One great publication that accomplishes this with psychology and personal growth is Psych. Every article, or “guide”, has five sections that you can jump to if you don’t feel like reading the whole article, and the topics tend to be really practical. Some common “get to the point” sections are: Need To Know, Think It Through, What To Do, Key Points, Why It Matters, and Links And Books. These are great jumping-off points for exploring the topic and then you can read more if you’re so inclined. Here are three interesting Psych guides I recently came across:
