Based in Michigan, has guided TNG Worldwide for more than three decades and developed one of America’s leading manufacturers and distributors of beauty products. In a blog article on his site www.larrygaynor.com, Larry Gaynor explored the idea of MOAR, which stands for “Mother Of All Recoveries.”
As he describes it, the post-pandemic recovery is likely to chart the nation’s greatest growth arc ever, exceeding even the postwar years between 1950 and 1966, when the US economy thrived. Signs of an imminent MOAR include an ebullient stock market that reached new record highs in the first half of 2021. Some analysts forecast the extended recovery arc to last until 2030, which will benefit large cap technology companies in particular. With groundbreaking new tech solutions set to roll out through 2050, product and lifestyle changes will be profound and geneate outsized returns for investors in the right companies.
Unfortunately, many small businesses are getting left behind amid this wave of prosperity. One major issue is a lack of willing employees in customer service positions. This exodus is being expedited by the possibilities of remote work and the fact that an increasing number of people are leaving the workplace to establish their own home businesses. This leads to a major MOAR dilemma exemplified in a situation where a hotel app allows guests to make reservations and check-in and check-out online, with the phone used as a key as well. However, if there are no human workers in the restaurant or bar, all this tech becomes essentially useless.
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