Tag: hardship
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How to Learn from Downturns, Corrections and, yes, even Recessions
Aug 2013 During difficult times, why do some firms grow and prosper while others decline and die out? I believe the answer lays in the ability to manage change. Some people see threats and change as what they have to give up. Others see them as opportunities. These “opportunists” see change as a time when things are…
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How to Overcome Business Hardship & Succeed
Aug 2013 Overview Henry Ford’s businesses failed and left him flat broke five times before he founded Ford Motor Company, R.H. Macy started seven businesses and failed at each one before he found the right combination, Soichiro Honda was turned down as an engineer at Toyota, was jobless for quite a while then created…