Preparing For Downturns – Panic versus Prudence
October 21st, 2008 • Related • Filed Under
Seth Godin wrote this morning:
One secret of ’small is the new big’ thinking is that you won’t fail and you can’t fail and you don’t need to worry about a bailout. Not because you’re small in headcount or assets, but because you act small.
A small acting bank would never have invested in tens of thousands of loans that they hadn’t looked at. And a small acting startup wouldn’t hire dozens of people before they had a business model… and then have to lay off a third of them just because their VC firm showed them a scary PowerPoint. Seth’s Blog
It makes me think about the announcements this week by Trulia and Zillow. I wonder if he was looking at the real estate start ups when he wrote this.
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
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I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
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Comment by Jean Louis R on 21 October 2008:
I always thought that prudence and perseverance are the key to success. Thanks!
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