Turbulence – Session 14 – Chapter 12
David Banmiller talks us through – Weathering the storm of Bankruptcy…
Warren Buffet quote:
‘The worst sort of business is one that grows rapidly. Requires significant capital to engender growth, and then earns little or no money
Should the Wright Brothers have stayed in bed?
Bankruptcy – derived from the Italian – banca rotta (sounds easy enough but actually translates to broken bench)
So many in our industry have experienced such tough times
In many cases the rebound or return is stronger and wiser
We also cover the wonderful opportunities of our industry –
• PROMOTIONS
• DEMOTIONS
• RELOCATIONS
Our last chapter – Charting the best course for the future – will be followed by a review of the Epilogue, Acknowledgments, Appendix B
AND THEN FINALLY:
• LESSONS LEARNED
• WISDOM AND ADVICE
• HOT TIPS