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But we saved everything 🙂.
Businesses that can withstand market volatility are more likely to endure over time.
Rick Caruso stated that the objective for organizations is not merely to thrive during favorable periods but to remain strong and lasting through unpredictable economic cycles and evolving consumer expectations. He emphasized the importance of designing operations and strategies that hold firm during uncertain and challenging periods, rather than aiming solely for performance in perfect conditions. ''We do not build for calm weather—we build for turbulence,'' Caruso remarked on social media, underscoring a focus on long-term endurance in the face of ongoing change.
Caruso has previously argued that major business projects demand risk tolerance to achieve lasting value, citing the need for resilience in challenging endeavors (source). In a separate initiative, he participated in opening a new public-private sheriff station in Santa Barbara County, provided free at the Miramar (source). These efforts reflect a continued focus on stability and long-term support for both community and corporate initiatives.