There are various types of crisis we have to face during our existence, either as people or with our business. It will not always be sunshine and happy times. And we can either focus only on the present, and ignore any potential hardships that may come our way, or we can acknowledge them and face [...]
When the times are good and our business is constantly growing, we tend not to take time to think of business risks and contingency plans. We rather enjoy the fruits of our labor, and the success we have. But smart entrepreneurs know that any business will face at one point or another some major crisis. [...]
Most people don’t think of the next financial crisis to come, at best some of them think of how to survive it. And while it is crucial to survive an economic crisis, the best entrepreneurs think of how to thrive in such a dramatic episode. Any business owner, and key management figures should have a [...]