August 2021
Monthly thoughts, news & updates
August 2021

Publisher's Memo
I Know a Guy...

I’m going to assume that most of us have heard the expression…"I know a guy” …more than once in our lives.

Typically, it’s a quick, well intentioned response we hear when we are looking for a service provider. We ask around—and colleagues, clients, friends, and family members know someone we should call. Interestingly, “their guy” is always the best!

The art of the referral is a delicate one and should not be taken lightly—either in the office or at home. What one person or company likes or expects can be subjective and is often based on multiple variables.

Before we recommend, do we understand the person’s needs? Are we sure “our guy” can deliver and meet those needs? What are the consequences if things don’t work out as anticipated? Is it a reflection on us?

Today, it’s so easy to post on Facebook: “Friends…please recommend someone for ________” and we expect same-day responses. Often, individual and company names are thrown out…left and right…without any knowledge of what’s at stake. Sometimes, “their guy” is recommended by someone who knows someone…who knows someone…who knows a guy.

And there’s a lot to consider when you’re the person who’s asking. First, is there inherent bias—financial or otherwise—in the person making the recommendation? Next, if there’s a financial benefit for that person, are we getting the best “guy”? Finally, how reliable is the connection? 

At The Forwarders List, we are continuously “connecting the dots” and introducing people who can potentially work together. We take these connections seriously. Every time we give a name or make a recommendation, we know it is our name and reputation on the line. 

-  Gary

Job Openings Are at Record Highs. Why Aren’t Unemployed Americans Filling Them?


BREAKING: CFPB Confirms Reg F Will Take Effect on November 30, 2021

 
Ask the Expert: The Persistent Problem of Supply Chain Shortages


5 Steps To Protect Your Business From Supply Chain Disruptions


Supply chain issues are here to stay

Quotes
“The supply chain stuff is really tricky.”
~Elon Musk, CEO of Tesla and SpaceX.
 
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” 
~ Warren Buffett, CEO of Berkshire Hathaway.


Fun Facts about the New Jersey Shore – or as we like to say, The Jersey Shore!
 
1. The Atlantic City Boardwalk is the oldest in the U.S. and the longest in the world.

2. Cape May is the oldest seashore resort in the U.S.

3. Mount Mitchill in Atlantic Highlands is the highest point on the Eastern Seaboard south of Maine, rising 266 ft. above sea level.

4. There are 18 boardwalks in NJ (albeit some small, but some quite large)

5. Famous Lucy the Elephant in Margate NJ was built in 1881, standing 6 stories tall.

6. There are more than 1,000 known shipwrecks off the NJ coast.

7. The Sandy Hook Lighthouse is the oldest working lighthouse in the U.S. - opened on June 11, 1764.

8. Atlantic City is the original home the Miss America Pageant

9. Ocean City, NJ is a dry city - no alcohol is sold within it's borders.
 
10. In 1976, NJ voters made gambling legal. The first casino, Resorts International opened in 1978.

11. There is only 1 road connecting New Jersey's mainland to LBI. Route 72 is the only road onto the Island. A railroad bridge was built in 1886, but was washed out in 1935.

12. The 1st Postcards in the U.S. were printed in 1893 and featured color views of Atlantic City.

13. Beachwood, NJ was settled as part of a newspaper promotion. The 1914 New York Tribune promotion offered parcels of land in the area in exchange for a subscription.

14. In 1943, the New York Yankees held their spring training in Asbury Park instead of Florida because rail transport had to be conserved during the war.

15. The coast of modern day Wildwood Crest is the location of the only Revolutionary War battle fought in Cape May County. Fought on June 29, 1776, the battle was an important early victory for the Continental Navy.

16. Atlantic City's Steel Pier was first opened in 1898.

17. Sandy Hook's Gunnison Beach is home to New Jersey's only legal Nude Beach.

18. Seaside Heights is resilient! The boardwalk was rebuilt after a 1955 fire, Hurricane Sandy and another fire in 2013.

19. The first seaplane was built in Keyport, NJ.

20. In 1976, Cape May, NJ was declared a National Historic Landmark City. A canal runs from Cape May's harbor to the Delaware Bay, making Cape May an island.


Industry Calendar

RMAI
September 27 - 28, 2021
Atlanta, GA

NCBA
October 13 - 15, 2021
San Antonio, TX
www.creditorsbar.org

CCA of A
October 21 - 23, 2021
Delray Beach, FL
www.commercialcollectionagenciesofamerica.com/