Let's say yours is a firm that earns $1 million in annual revenue, and you borrowed $100,000 to weather the 2020 economic storm. Over the next few years, you would very well make payments and become a debt-free agency. But what if you had borrowed almost 70 times that amount? In "Dukes of Moral Hazard" in the June/July 2020 issue of Forbes magazine, writers Antoine Gara and Nathan Vardi pointed to big companies like FedEx and Exxon Mobile that were "gorging on debt, some recklessly."
Below is an excerpt from an interview with Big Buzz CEO Wendy O'Donovan Phillips and Extra Ordinary Small Business.
As a part of my series about how busy women leaders are addressing these new needs, I had the pleasure of interviewing Wendy O’Donovan Phillips, CEO of Big Buzz, an agency delivering strategy and consultation to drive focused marketing efforts for executives and teams nationwide. Wendy is the author of two books available on Amazon, and she has been published in many healthcare journals. She is a member of the Women’s President Organization, has been honored by the American Marketing Association for excellence in her field, has been hired by the American Dental Association as an expert consultant in marketing, regularly lectures for healthcare organizations and associations in front of audiences ranging from 25 to 3,000 attendees and sits on the Forbes Agency Council.
In one of the Ad Council's most recent ads, a steely-eyed woman in a trench coat emblazoned with a Red Cross badge holds up a small torch alight with a yellow and red flame. Her white wings stand out in the background, which is red on one angled side, with blue and white rays on the other. The rays stem from a light-blue globe above her head, which is encircled by the headline "Stay Safe, Stay Strong, Stay Home."
As a part of my series about how busy women leaders are addressing these new needs, I had the pleasure of interviewing Wendy O’Donovan Phillips, CEO of Big Buzz, an agency delivering strategy and consultation to drive focused marketing efforts for executives and teams nationwide. Wendy is the author of two books available on Amazon, and she has been published in many healthcare journals. She is a member of the Women’s President Organization, has been honored by the American Marketing Association for excellence in her field, has been hired by the American Dental Association as an expert consultant in marketing, regularly lectures for healthcare organizations and associations in front of audiences ranging from 25 to 3,000 attendees and sits on the Forbes Agency Council.
Congratulations! You have completed what may very well have been one of the most challenging first halves of a year in your career. Here, I hope to provide some reflection, insights and inspiration for the way forward. These are the big lessons I have learned so far in 2020...
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