A major shock at the wrong time can lead to their demise. Younger companies, which are buffered against this by an initial capital endowment, become particularly vulnerable once this initial infusion is expended if they are unable to turn a significant profit. #GeoffreyWest

Comments

Popular posts from this blog

When we are projecting it doesn't FEEL as if we are doing anything complicated or special. On the contrary it feels just as if we are seeing things as they are. So, typically we dislike the suggestion that we are 'projecting'. It feels as if it is an insult... #TheSchoolOfLife

“You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down.” Steve Jobs

We certainly may have done and said some truly terrible things, but does this have to make us untenably awful people? No, because there is a difference between our being and our flaws. We are not our flaws. #TheSchoolOfLife