Confronting Failure and Winning - The New York Times - Corporate Turnaround | |
For all the talk about how nimble entrepreneurs are, Murphy’s Law can test even the most nimble. And the question that invariably comes up at such times is this: “Is it worth it?” The problem is often out-of-control debt, which pushes the business to the brink of bankruptcy and the entrepreneurs to the dreaded fate of reporting to a boss in somebody else’s company. The vast majority of entrepreneurs I have talked to over the years said finding financing was their biggest, and often perpetual, challenge. #corporate_turnaround | |
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