- January 5, 2009
- Posted by: admin
- Categories: Blog, Business Dynamics, World Economics
GM, Lehman, AIG, CitiGroup, and of course, dear ‘Bernie’ Madoff.
With the past behind us, and a substantial part of our prospective future buried with it – many of us think about what we learned from all the economic dilemma surrounding us, and how it has (supposedly) made us better at what we do.
A minor contrast to the usual questions about 08: What is the one thing that you’ve decided NOT to do, ever again, from the last 2 fiscal quarters- business/career perspective.
(This question relates to business/career related endeavors, not otherwise).
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overextend lines of credit.
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I resolve to (try to) never forget the appearances are deceiving!
Never again work without a contract on someone’s — hahahahahahaha — word. Nor do work for a start-up venture out of state. Both of these clients have cost me a lot of income and tremendous stress as a result.
Learned not to listen to others about investing — my prudence kept my money a lot safer than people who threw it all into sexier, riskier investments.
Learned not to work as hard on unpaid volunteer projects without a clear vision how they might translate into paid work, no matter how much fun.
Links:
http://caitlinkelly.com
NOT “sacrifice” life over work
1. Borrow more than you can afford
2. Invest your money into things you don’t understand
3. Trust people (like Madoff) blindly
Links:
http://www.remborpartners.com
Doesn’t everyone going into a business or career endeavor hope or expect for the best? I don’t believe anyone ever truly knows what they are getting into until they are in it.
“You can never plan the future by the past.”
Edmund Burke