Waiting for the economic downturn to come

Richard Gauder September 29th, 2008

Worried about the economic downturn? I for one have been waiting for it to arrive. Why? Less competitors survive, less competition for skilled workers, opportunities galore. Old ways of doing business don’t work. Creativity replaces problem solving as new solutions are found. There is more money made (by some) in economic downturns than in good times. It’s all about how you look at it. In good times anyone can pick the low hanging fruit and make a buck. It’s when the market gets tougher that solid companies rise to the top. Know your business inside and out and prepare for some wild rides in the future.