Southern Indiana Business May-June 2020 | Page 58

THE LAST WORD By Aprile Rickert Jerry Finn, executive director of Caesars Foundation of Floyd County Downtime a good time to take stock A s the current public health crisis of COVID-19 bears down on the local econ- omy, much remains to be known about how it will affect businesses in the long run. Some temporarily shuttered or limited restaurants and businesses may not reopen, or may reinvent themselves when they do. The situation could create space in the market for new visions. With that in mind, Jerry Finn, executive director of Caesars Foundation of Floyd County, has some solid thoughts that might help 58 May / June 2020 guide those wanting to follow a new idea into the future. “First of all, surround yourself with really smart people and be willing to listen to them,” Finn said. “Stay creative — find out what really energizes your creativ- ity and tap into that.” This could mean seeking out mentors, looking for those who have overcome challenges to find success in their particular business. “I think there’s a wealth of knowledge out there,” Finn said. “I would look at who are some of the folks in our community who have started a business and made it work, and [use] it as a way to get some of their wisdom that they have acquired over time.” He added that it’s important for those starting out to be prepared — business is a risk any time, but often those risks bring the great- est opportunity for learning and growth. “Think of every possible sce- nario of what could go wrong and how you would deal with that as well as everything that could go right and how you manage that as well.