I was reading an article on Jim Muehlhausen, author of The 51 Fatal Business Errors and How to Avoid Them and came across this statement that I felt was worth sharing.
“Decisions made out of panic and anxiety are rarely, if ever, the right ones. I’m not sure there is a single business book or consulting firm that has recommended running scared when times are bad. That being said, far too many business owners let fear affect them and their choices. Times are not great, but people still have money and companies are still spending. For every business that is closing, ten more are surviving. So, relax, focus and get smart about how to navigate the tough times. You may find you wind up doing even better than before.”
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