Forget the Economy

Focus on what you control within your own four walls, says Lou Mosca. And by the way, Jamie Dimon doesn’t have a clue what it takes to run a $5 million machine shop.

Good Morning!

Here are today’s highlights:

• President Trump announces a slew of new tariffs.

• The president wants to bail out the farmers and Argentina (but not small businesses).

• A 26-year-old entrepreneur sells his business and takes home $2 million. What should he do with the money?

• There’s a deeper reason corporate America is having a tough time pushing back against the president.

MANAGEMENT

In this week’s video, Lou Mosca says that business owners who are focused on whether the economy is weakening are missing the boat: “Is the economy slowing down? Maybe. Maybe not. Big names like Jamie Dimon say it is, and sure, banks have their data—but if you’re a small business owner, obsessing over the economy is a waste of time. Some entrepreneurs are optimistic, while others are doomsday prophets; however, the truth is that it doesn’t matter. So stop watching headlines. Start building something that can thrive in any economy.” CONNECT WITH LOU