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So here comes an update 2020-07-03, there has been today a new study realized that shows that if this drug that has been around for over 70 years time, within 48 from when a patient is hospitalize this drug really work well.

So what do you say about that Dr.Fauci?.

President Trump was right all along, will you accept that Dr.Fauci or will you run and hide, and ask another lock down to be issued.

So once again folks you see that these so called (experts) are more wrong than they are right.

So this is really good news.

So a lot of people have been asking US this week about the hydroxychloroquine and if they should take it as a precaution , to protect against CATCHING the COVID-19, and we dont suggest you taking it in advance since it has several side Effect that are less than nice to get.

So for medical staff that gets a lot of aerosols in the air they breath when treating COVID-19 patients, yes we would use it if it was us treating these people, since you can see that several doctors and nurses has passed away from long-term exposure of the COVID-19 corona virus.

But for a normal person there are side Effect to this malaria drug, and we have one member of our team who has used this for lupus and malaria over the years, in the 1970s and for sure you can lose your hair (go bald) and you can get a lot of other side Effects, and it can affect your immune system.

So there is a risk here involved, do you take it as a safety measure to hope that you dont catch COVID-19, or do you NOT use it unless you actually catch the COVID-19.

So to all of our clients and readers, we can only tell you what we would do in this case.

DISCLAIMER: Everybody is responsible for their own health.

If we would work with COVID-19 patients we would use this drug as a safety measure.

If we dont work with CODIV-19 patients we would not use this drug unless we catch the virus, then we would use it!.

Also be very careful with fake drugs , now when people starts buying this online.

Be safe and be smart.

Thank you for reading.

Mrlifeadvise.

So good night American brick and mortar stores with glass windows.

This is unfortunately the cold hard truth that we currently live in these days.

So even before these so called protest it was tough to fight off Amazon and Walmart as a brick and mortar store.

You still survived because of people from 40-75 years old still frequently visited and still liked to shop in person.

So young people these days under 40 are used to buy online and they will just continue to do so.

But also older people will and is learning to shop online.

This situation will unfortunately now lead to 90% of our purchases to end up with Amazon and online or from use box stores like Walmart.

Many stores that where destroyed in these so called protests will never open up again.

And here is the kicker with all of this, these stores are the once that also hire a lot of younger people out of college or high school so if you think that the unemployment numbers where bad for young people before the Covid-19 crisis and these riots, think again how bad it will be in the upcoming few years.

So nobody and we means absolutely nobody will open a new brick and mortar store ever again.

Yes this is a slight exaggeration, but besides big chains and box stores no private person will open a window based store after this mayhem that we have seen in during the last week.

So if the situation was not horrible after the COVID-19 crisis this protest crisis has killed the future of brick and mortar stores pretty much immediately.

So we are living in really sad times where there is not much law and order on our streets these days.

So why risk your financial future by opening one up, just to see it get looted or destroyed.

Mrlifeadvise.

So let us explain this in detail for you so you understand what we are saying about a possible vaccin for Covid-19 is at least five years away for mass use.

So let us look at some other virus diseases out there in the big bad world.

So we still do not have a vaccine for Hepatitis C, which is a serious infectious disease,(Blood disease).

Where your liver is highly affected in a negative way if you catch it.

And there is no vaccine for the HIV virus either.

And we have been researching these two viruses for over 30 years time.

And we are still not close to a vaccine for any of these two viruses.

And every researcher knows that you will get the nobel prize in medicin if you come up with a vaccine for any of these two viruses.

So the PM:Boris Johnson in the United Kingdom /UK/England, has told people that we have to start to re-open, because we dont know when a vaccine can be ready, and maybe it will never to market!.

Yes there are over 100 labs looking at creating a global vaccine against the COVID-19 virus.

But it does not means that the more the merrier in this case.

Of course researchers working together globally is great, but this is nothing new, the same thing can be said about the HIV vaccine.

An interesting fact is that our best flu vaccines today in the world are only 40% efficient.

So probably a Covid-19 vaccine would be ball park the same,but one could hope that it could be at least 70% efficient.

Of course we all hope that we can create a safe and cheap vaccine to make sure that we do not lose any more people to the Covid-19 virus.

But we also have to separate our hopes from the reality that we live in today.

And there is very little that speaks to us being able to come up with an vaccine inside the next 12-24 months time.

And we are pretty sure that we will hear for many years to come that we are on the brink of a solution, the same way we have heard about the HIV vaccine for the past 20 years time.

So do not hold your breath and do not plan your life sitting at home for a period of 12 to 18 months in the wait for a vaccine that might never come , or maybe can be ready with a lot of luck in five years time for global mass use.

As a company who do global consulting in many businesses, we have a good insight into the medical community, and nobody we talk to on a high level believes that we can solve this issue in under five years, 5 years is a reasonable time frame for a vaccine if we are lucky.

But let us hope and pray that we get blessed with a vaccine inside 24 months time.

But we have to start living again, even without an efficient vaccine out there.

Thank you for reading.

Mrlifeadvise.

So let us start by sending all of our thoughts to our client Mr.Marcus two adult sons in Boston and Dallas.

Mr.Marcus decided to end his life on Friday night.

This was the third one of our clients that ended there own lives in the Covid-19 pandemic.

We do not want to go into deep with this matter, but it was COVID-19 related and he was a long time client of ours who had a really nice boutique hotel with 52 rooms and a stellar restaurant and piano bar.

Marcus was 67 years old and had two adults sons that lives in Dallas and in Boston.

His wife pasted away 5 years ago due to Brest cancer, and his dog went also in cancer 5 month ago.

In the letter that was sent to us at mrlifeavise thanking us for being his partners in business by helping him out with many consulting matters over the past decade.

So here are a few lines that we writes prior to ending his own life.

I have lived a full life and i have two adult sons that lives there own life, they dont need me.

I put everything into buying this wonderful hotel and i am leverage up to my ears.

When the Covid-19 hit we had money for March, but not April or May.

The bank has already told me that they want to take over the notes,debt in the end of June(taking my hotel).

I am to old to start over in my life, i do not have the energy to do so.

And i do not want to be a burden on my sons who have there own lives to live.

I tried to double up the money we had to save our company on a risky investment and it did not pan out, so i feel that i am out of options today.

So i am taking a last stand on my own terms, and i am raising my glas to all of my workers who will hopefully be given their jobs back under new management.

I wish my sons and their loved ones the best of luck in this post corona world.

But i am to old to start over again.

And as my wife passed away 5 years ago and my beloved dog Juno left me 5 months ago also in cancer, i do not see a reason to go on any longer.

And i also wish all of my friends the best of luck with their ventures and with there families.

I do not want you to morn me or pity me, i had in general terms speaking a good life.

But the hotel and my wonderful staff, was last thing that i had to hold on to.

Take care Marcus.

Mrlifeadvise response:

So there are many reasons why Mr.Marcus took his own life, but here we see the clear cut of mental health issues for small and mediums sized business owners with by the Covid-19 LOCK-DOWNS who are about to lose all that they have worked for in their lives, or at least in the past 10 years time.

So when politicians and medical expertise says that stay home, they do not understand what this lock down does to our economy and all the small and medium sized business owners in the process.

So we will be sad to not be able to visit Mr.Marcus for a lunch in his great hotel-restaurant and sit and chat with him about different things.

You where a great client to us for many years and we really appreciated your business.

Rest in peace our dear friend.

Mrlifeadvise.

There has been a lot of talk in the last two weeks about the civil liberties for Americans and that the first amendment and the second amendment is at risk these days.

When we see power hungry governors and mayors doing everything in their power to consolidate more power to themselves.

And in this blog post we are gonna talk about the civil liberties of business owners and mainly smaller and medium sized that is the bread and butter client base for mrlifeadvise business consulting.

So let us say now that the US economy kicks off again in June and then we get back to our daily routine in the end of this year 2020.

What happens when the second wave of the COVID-10 will surface , and what about the third wave?.

The thing that is very difficult for a lot of people to take in is that many politicians has never ran their own business of any sorts.

They do not understand that you can not open and close a business like you do with a normal door, open-close-open-close.

This destroys all types of business,regardless of size, because the supply chain will go nuts.

So what if we keep open two months, and then closed two months and then we repeat this for a few years, what then.

It is totally insane to believe that any economy the world will survive this type of crazy behaviour.

But most of our politicians do not understand this, at all!.

So here comes a rhetorical question, how do you plan to open up a new business (start up) if you dont know if the government and the state will shut you down anytime soon.

So the gut feeling as business advisers is that we strongly believe that many Americans who wants to open their own business will not do so in the next 24 months time.

They will ride this pandemic out to see what happens, and then they will re-visit the topic of starting up a new business later on.

This will mean that a lot of new companies will not open up in the next 24 months time, that normally would have opened up otherwise.

The second investment problem for new jobs are that the company that has one or several locations will not open up any new ones in the next 24 months time, where most experts believe that the Covid-19 has disappeared from our society, by heard immunity and vaccine.

So this America will have double digits in unemployment, just as Europe will have for the next two years time.

Sometimes around 2022 we will see the unemployment to start going down again.

But there is no doubt that a lot of the middle class that was not wiped out during the last rescission will be wiped out this time around.

There was a lot of hope around the 1990 s that more of the working class was gonna become more mainstream middle class.

And it looked liked that for awhile, but the subprime mortgage crisis and all the cheap loans that where available made consumers go nuts.

And after the 2008-2011 financial crisis, many jobs where obsolete.

We could see that 1/3 of all Office jobs disappeared in the crisis, and basically every one that was left standing in a job had to do more work per person compared to the working situation prior to 2008 meltdown.

There will be a huge emotional roller coaster for most smaller and medium sized business owners during the upcoming two year period.

What will be very important for all smaller and medium sized business is to get your community behind you, buy local as much as possible and support the town business as much as you can.

So take care and stay safe.

Mrlifeadvise.

So for us that have been around awhile we can remember the scary times of early 1980 s and early 1990 s, where people where very scared for a very long time.

If you remember the people that had HIV in the 1980 s and early 1990 where completely singled out from the community and looked upon as a market men and women.

And they where not allowed to touch other people or sometimes even be near other people.

A person who others new had the HIV where never invited to any social gathering after the fact.

This is why a lot of people did not disclose to others that they had the HIV virus.

Many did not even disclose this to their family members until the had full blown AIDS.

One of the fears with COVID-19 is that people will hide the fact that they might have it.

And they might not even know that they have it.

Then we can look forward to being singled out in public every time we sneeze or cough out loud, and people will think maybe that person has the corona virus ,covid-19.

So we have to be careful not to single out people like we did in the 1980 s and 1990 s with the HIV virus when it comes to the COVID-19 virus.

Take care and stay safe.

Mrlifeadvise.

This one is a thing we have seen a lot of in the past where people turn to gambling to try and solve other financial difficulties.

And in short 99 % of these tries fail.

Many of you might now that FEDX was saved by Fred Smith founder and CEO at the time by turning 5.000 dollars into 27.000 dollars over a weekend in Las Vegas to pay for fuel for another week!.

And without this win, the company might not we a billion dollar business today, you never know.

But this is one of those 1% things that almost never happens in real life!.

Maybe some of you can remember the Woody Harrelson and Demi Moore and Robert Redford movie indecent proposal from 1993.

The plot of the movie is that Woody and Demi is about to lose their dream home in the recession that they have built, so they take their last 5.000 dollars and head from LA to Vegas to try and win money to keep their home.

They of course lose it all, which is the case in 99.99% of the times, but they catch the eye of a billionaire played by Robert, who offers them a whooping 1 million dollars for a night with Demi.

And they do accept this indecent offer, to be able save their dream home in LA.

This is a good story to use as a Waring to people thinking of using their last five or ten thousand dollars to fix a bigger financial problem.

What happens to you and your family if you lose, which you by all statistics will do in the end!.

A better plan would be to buy stuff at garage sales and flee markets and put them up for sale at AMAZON for instance.

The chances of making money on this is much greater than on risking it all gambling.

And if you buy smart stuff at garage sales like older toys or Disney products, you can double your money in a month time or so, up to a certain amount of course.

But dont try this option of trying to double or even quadruple your money by gambling!.

It will only lead to a bigger financial strain on you and your family.

Thank you for reading.

Mrlifeadvise.

So since a lot of people have reached out, and asked us about the release if NEGA (NEVER EVER GAMBLE AGAIN) program.

We are very pleased to inform you that it will be released next week so during the first week of February.

Thank you for reading.

Mrlifeadvise.

So knowing when to borrow money to expand your business is maybe the most difficult question to answer ever, when it comes to smaller and medium sized business.

And there are so many variables that needs to be taken into consideration before borrowing money to grow the business.

And if you get it wrong it can mean that you will lose your business in a few years.

And we will list the things you should really consider , before ever borrowing money to grow your business.

Nr1: What would the terms of the loan be for your business?, this one is very important because if you can borrow money at a good rate , then it makes the payback process much easier. There is a huge difference between a 8% rate and a 15% rate when you look at a payback table of let us say 10+ years.

Nr2: Most of the time you need to put up your business and maybe even your home as a security to the lender, and this also means that you should never borrow unless you have a crystal clear business plan in place, and also that you have had an outside company look at the business plan based on your competition you face for your service or products that you offer.

Nr3: What happens if you get sick along the way, can somebody-else run the business?, this one is huge because we can not tell the future so if you borrow money based on that you can operate the business, then you need to look at what extra add on insurances you can take if you get sick, so if you cannot repay the loan so you and your family dont end up on the streets!.

Nr4: Do you need to invest on personal or is it just in to you stock and added machinery, There is a huge difference in what the loan is spent for, if you spend money on stock then it is more of an asset, if you buy machinery to maybe automatize some things that is also an investment, but if you spend on adding sales reps and add costs and so on, then it is an expense that can be very risky for your business.

Because if you do not get the added sales affects by adding sales reps and doing marketing then you are in trouble, and with a loan to repay.

Nr5: Due diligence is a word that is taken way to lightly by a lot of business owners before they enter into debt, the most important thing is to now your numbers and to know exactly what the money should be used for down to every penny before you even are thinking of borrowing the money.

We are not trying to scare you , but we are trying to warn you about the fast-lane of credit and loans for small and medium sized business these days.

A lot of small and medium size business go under because of one bad loan that they have taken out to lightly.

This just a matter of fact, and this fact needs to be respected.

Thank you for reading.

Mrlifeadvise.