You have a better chance of dying in a car accident than catching the corona virus.
*The chance of dying in a car accident is 0.0167%
*Based on driving 10,000 miles.
*The chance of catching the corona virus is 0.01515%.
*That’s if we have 50,000 cases in the USA.
*There has been only 1600 cases in the USA so far.
…So that’s good news, right?
Everyone drives without worrying about dying. But based on the numbers: there’s a better chance you will die behind the wheel than the chance of you catching this corona virus.
If you do catch the corona virus, your chance of dying is less than 2.5%*.
So your chance of catching the corona virus and then actually dying from it is 0.000388%*.
To compare:
The chance of dying by getting struck by lightning is 0.00125%.
You are 3.2x more likely to get struck and killed by lightning than dying from the Coronavirus.
Thank you Alex Aleksandrovski Founder and CEO, Wooter for this information.
Are Lightning Strikes Really More Deadly than this Corona Virus? Update - 3/16/2020
As of today, there are 4,421 confirmed cases of this corona virus and 81 deaths in the United States. According to the National Weather Service, the U.S. has averaged 43 lightning fatalities per year. Based on that data, you are statistically more likely to die from this corona virus than from being struck by lightning. There are approximately 330,000,000 people in the U.S.According to this data, there is a 0.0000130% chance of being struck by lightning in The U.S.
There is a 0.0000245% chance you will die of this corona virus in the United States.
Thank you Michael Andrews for bringing this to my attention.
Corona Virus Update - 3/17/2020
As of this morning, there are 4,510 confirmed cases of this corona virus and 87 deaths in the United States. Again, there are approximately 330,000,000 people in the U.S.
According to this data,
There is a 0.0013667% chance of catching this corona virus in the U.S.
There is a 0.0000264% chance you will die of this corona virus in the United States.
These numbers may go up, so we may periodically update this information as new data becomes available.
Corona Virus Update - 3/22/2020
27,000 confirmed cases of this corona virus and 354 deaths in the United States.
Some data for comparison purposes:
Some data for comparison purposes:
1350: The Black Death: Responsible for the death of one-third of the world population.
1665: The Great Plague of London: deaths of 20 percent of London’s population
1918: Spanish Flu: 50 million deaths worldwide
1957: Asian flu: 1.1 million deaths globally, with 116,000 deaths in the United States.
2003: SARS: Infecting 8,096 people, with 774 deaths
Corona Virus Update - 4/10/2020
469,000 confirmed cases of this corona virus and 17,000 deaths in the United States.
21,500 confirmed cases of this corona virus and 1,076 deaths in Michigan.
330,000 million people in the United States, 10 million in Michigan.
21,500 confirmed cases of this corona virus and 1,076 deaths in Michigan.
330,000 million people in the United States, 10 million in Michigan.
Deaths involving Coronavirus disease 2019 (COVID-19)
1–24 years 0.12%
25–34 years 0.93%
35–44 years 2.51%
45–54 years 5.81%
55–64 years 12.40%
65–74 years 22.02%
75–84 years 27.92%
85+ years 28.29%
Corona Virus Update - 4/17/2020
676,000 confirmed cases of this corona virus and 35,000 deaths in the United States.
29,000 confirmed cases of this corona virus and 2,093 deaths in Michigan.
29,000 confirmed cases of this corona virus and 2,093 deaths in Michigan.
Corona Virus Update - 4/28/2020
1,035,000 confirmed cases of this corona virus and 59,000 deaths in the United States.
39,000 confirmed cases of this corona virus and 3,567 deaths in Michigan.
39,000 confirmed cases of this corona virus and 3,567 deaths in Michigan.
Corona Virus Update - 5/3/2020
1,188,000 confirmed cases of this corona virus and 69,000 deaths in the United States.
43,000 confirmed cases of this corona virus and 4,049 deaths in Michigan.
43,000 confirmed cases of this corona virus and 4,049 deaths in Michigan.
Corona Virus Update - 5/25/2020
1,678,000 confirmed cases of this corona virus and 98,000 deaths in the United States.
55,000 confirmed cases of this corona virus and 5,228 deaths in Michigan.
55,000 confirmed cases of this corona virus and 5,228 deaths in Michigan.
Corona Virus Update - 6/13/2020
2,117,000 confirmed cases of this corona virus and 117,000 deaths in the United States.
66,000 confirmed cases of this corona virus and 5,990 deaths in Michigan.
66,000 confirmed cases of this corona virus and 5,990 deaths in Michigan.
Corona Virus Update - 7/3/2020
2,837,000 confirmed cases of this corona virus and 131,000 deaths in the United States.
71,000 confirmed cases of this corona virus and 6,212 deaths in Michigan.
71,000 confirmed cases of this corona virus and 6,212 deaths in Michigan.
The Long-Term Damage Being Caused by the Corona Virus
I am deeply concerned about the long-term damage being caused by this corona virus. The stock market is experiencing a huge sell-off. Inflation is a serious concern. The unintended negative impact of regulatory policy surrounding the Corona Virus is also dangerous. Kids being forced to stay home from school. Sports seasons on every level being cancelled. Hourly workers being terminated or laid off.
Possibly the most damage is being inflicted on entrepreneurs and small business owners.
L.A. bars forced to close, restaurants go takeout-only. Mayor Eric Garcetti ordered bars to close and forced restaurants to halt dine-in service. Food and nightlife proprietors fear some establishments might not reopen.
The restrictions, announced by Garcetti in a Sunday night video news conference, went into effect at midnight and run through March 31. They also apply to movie theaters, gyms and fitness centers.
These type of regulatory actions can have a devastating impact on small businesses. Most restaurants are bars are small businesses. Restaurants are known for high overhead costs and relatively narrow margins. Chefs say an extended shutdown could have far-reaching consequences for the largest private-sector industry in the county, accounting for 355,540 jobs, according to a 2017 L.A. County Economic Development Corp. report. This is just in L.A. County.
If you shut down the main sources of revenue for these establishments, who is going to pay their bills? For how long? Again, restaurants are known for high overhead costs and relatively narrow margins.
This is happening across the United States.
What You Can do as an Entrepreneur or Small Business Owner
- Raise capital early and often. Running out of cash is the #1 cause of business failure. This is why I preach the importance of raising capital. Entrepreneurs need cash to weather storms. In addition, equity capital is often not a loan, so this type of funding can come without interest or a defined payback schedule.
- Innovate. Amazing businesses are born in tough times. Where are the opportunities? Where is the pain? Can you create a business to address that pain?
- Review your insurance policies. You may be covered for some or all of your losses. Some policies include reimbursement for loss of income. This saved me and one of my businesses after a car ran into our office building!
- Assistance. Federal, State, and Local governments often offer assistance to business owners in crisis. There are programs coming to assist those being impacted by the Corona Virus. President Trump signed a bill that allows the Small Business Administration to issue an estimated $7 billion in low-interest loans. The U.S. Small Business Administration announced on Thursday that small businesses with financial burdens caused by the pandemic and don't have credit available elsewhere can be eligible for loans of up to $2 million at 3.75%. Based on my research, your State Governor has to request these loans before they become available in your state. You can check the status here, https://disasterloan.sba.gov/ela/. As of this writing of this article, Oakland County, Michigan, has not requested access to these loans. Anyone connected with Governor Gretchen Whitmer may want to ask her when she plans on requesting these loans for Michigan businesses.
What You Can do as an Investor or Someone With a High Net Worth
- Invest. There are massive opportunities for investing. Support the companies you already own and consider investing more into new opportunities. One of my favorite sayings is "You don't make money when you sell an investment, you make money when you buy your investment."
- Hold. If you cannot justify investing new dollars, at least don't sell now. If you do, it will hurt everyone, including yourself. Buying stocks high and selling low is the opposite of a good investment strategy and it helps no one.
Contact us today if you want to raise capital for your business, funding@omegaaccelerator.com.
Are you interested in helping businesses while enjoying the potential high returns of angel investing? Email info@OmegaAccelerator.com.
Click here if you would like me to personally consider investing in your business. If I do not personally invest, I will give you specific tips for finding funding. Unlimited follow-up meetings. 100% satisfaction guaranteed. https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html
https://www.cdc.gov/nchs/nvss/vsrr/COVID19/index.htm
https://www.weather.gov/safety/lightning-odds
https://www.history.com/topics/middle-ages/pandemics-timeline
https://www.latimes.com/business/story/2020-03-15/coronavirus-close-los-angeles-restaurants
https://www.inc.com/kevin-j-ryan/coronavirus-resource-list-for-businesses.html
Free Stock Videos by www.videezy.com
https://www.linkedin.com/in/rencarlton
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton
https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html
*Please read:
For healthy people, the chances of dying are even lower than 1%. Most common, you will feel symptoms similar to the flu and recover fully within 1-2 weeks.
But is very important to note: If you already have underlying conditions or serious ailments, such as an existing respiratory condition, then you can have fatal complications if you catch the corona virus. For these cases your chance of dying can be as high as 10%.
These conditions are rare but people do have them and for those people, they need to take the corona virus seriously. These same people must also consistently watch out for the influenza virus (better known as The Flu) as they can suffer fatal complications as well.
Additional Information: This information was received by me via email on 3/12/2020. Some of this information may have changed. In addition, none of the data in this article was verified me. Please contact me if you believe any of the information in this article is inaccurate.
Thank you again Alex Aleksandrovski Founder and CEO, Wooter for the email/data and www.videezy.com for the lightning video
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
