Saturday, February 18, 2023

Economic Revival - Some Perspectives

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Wish the media also prominently highlights which all sectors or businesses are hiring in great numbers.

Just by focusing on layoffs with every passing day, the fear psychosis even among those corporate honchos who are doing very well in their respective jobs, is likely to be aggravated, thus inducing them to save more and more, in order to "protect themselves" in case they too fall into tough times.

How do we expect our economy to revive, when the discretionary spending or propensity to consume, is being compressed mainly due to fear psychosis triggered by such kind of media reports?

A sermon to all those unicorns which were earlier riding high on the irrational exuberance, due to astronomical valuations caused mainly by easy money. Focus on "Value" and not on "Valuation" now. And, identify successful CEOs or other senior managers who have had proven track records in their respective corporate journeys, but have now "hung up their boots" just because they have crossed their retirement age. Get them on board with active roles to effectively shepherd your ventures, by offering them some equity stake, in return for their services.