Retail Observer

February 2021

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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RETAILOBSERVER.COM FEBRUARY 2021 4 Eliana Barriga eliana@retailobserver.com Happy Valentines' Day! FEBRUARY 2021, VOLUME 32, ISSUE 2 CELEBRATING OUR 32 ST YEAR AS THE RETAIL OBSERVER PUBLISHER/MANAGING EDITOR E LIANA BARRIGA DIRECTOR OF SALES AND MARKETING MOE LASTFOGEL ART DIRECTOR TERRY PRICE CONTRIBUTING WRITERS KRISTEN CARD ANTHONY COTTO AMANDA EVANS LYN FALK MARIO JUAREZ STEVEN MORRIS STEPHEN PACZKOWSKI DON PIERSON JOHN TSCHOHL ALAN WOLF DOUG WREDE COVER PRODUCT CREDITS MARK OLEYNIK, INVENTOR MOLEY ROBOTICS WWW.MOLEY.COM DEADLINE FOR APRIL 2021 ISSUE: MARCH 1, 2021 THE RETAIL OBSERVER 2764 N. Green Valley Pkwy, Suite 508 Henderson, NV 89014-2121 800.393.0509 • 702.208.9500 Fax 702.570.5664 production@retailobserver.com info@retailobserver.com www.retailobserver.com To receive a copy of The Retail Observer online, or to unsubscribe, please go to www.retailobserver.com/subscribe The Retail Observer website is hosted by Market Digitally Printed on Recycled Paper THE RETAIL I 've had the pleasure of meeting and getting to know many of you over the years. I know some who are still gung-ho and driven to navigate through the changing times and find new ways to grow their businesses and others who have lost their passion for what they do long ago. But I say, what's love got to do with it? Yes, ultimately love for your work is very important to your overall well-being and quality of life. But it's not the feeling of love that will get you to work 80 plus hours a week to get a new business venture up and running or come up with creative ways to keep it going when sales are low, really low and the industry is bleak. During these times, it's a choice to continue pushing on through with the understanding that change, one way or the other, is inevitable. But if you remain adaptable, have clear vision, and a plan in place and stick to it, you will eventually find yourself enjoying the benefits of business ownership and in love with what you do once again. I've found that those who seek to feel in love with their businesses most of the time are the ones who end up broken and defeated. They are now stuck in a rut because they made impulsive choices based on what they loved. Instead, it would have been wise for them to have made smart decisions by ensuring that their plan covered the things that they don't necessarily like to do or talk about, but are necessary for running a successful business. This goes for almost everything in our lives that we say we "love" – parenthood, marriage, friendships, health, hobbies, etc. We don't always have that loving feeling, but we stay committed to these things. We spend time to nurture and work on them, which is why we reap the rewards of what we all call love. WHAT'S LOVE GOT TO DO WITH IT? Elle's View As I See It

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