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A lesson from THREE bank collapses

Banks only collapse in third-world countries, right?

Well, until a couple weeks ago that was normally true.

But we just saw the collapse of three giant banks right here in America…

The Silvergate Bank, Silicon Valley Bank and Signature bank all fell victim to bank runs, investment poundings and inflation-related losses.

Now, these collapses didn’t happen overnight…

The decisions these banks made months and even years ago laid the foundation for unstable growth.

In short, they didn't hedge for disaster.

It’s a pretty good reminder for all of us.

Think about your business…

Do you have all your eggs in one basket?

Is your business diversified and stable enough to weather a storm?

If it’s not, now might be the time to think about making some changes.

After all, you don’t want to look back in a few years with regret about the smart moves you could have made when times were good.