We met with an owner of an organization recently. He and his partner started the company several years ago after working at another organization locally. That decades old organization began to have problems when the economy turned downward and eventually imploded.

From the ashes, this new organization, under the shoe string financing of the two new owners, and with the support of 30 employees, started from scratch and rebuilt their organization. This organization satisfied a need in the marketplace, and they are doing it more efficiently now.

Rather than getting a bailout or complaining when their original employer became irrelevant and unable to continue, they started fresh and clean with an approach that is successful and growing. Instead of empty space locally, less tax revenues and increased unemployment, this organization has replaced a potential economic hole in the community. They have done it very quickly and the future looks strong for them and those dependent upon them.

This owner shared some of his wisdom with us:

• Don’t depend on one big client or idea
• Nothing is too big to fail; if there is a real need for the product or service, upon failing a better structure will be built to handle it
• If allowed to fail, opportunities abound for a stronger, better organization
• Risk causes creativity, especially if you are the one financing the endeavor
• Capitalism allows motivation to fill gaps in the marketplace
• Turning problems into opportunities is not just an attitude, but a skill set

Some questions to consider:

• Do you teach those around you that they are responsible for their own future?

• Do you see opportunity in the midst of change and chaos?

• Does your team know how to turn problems into opportunities?

If your organization needs help maintaining steady growth, contact our expert guides at 800-786-4332 or email CClemmer@AppliedVisionWorks.com. It only takes 30 minutes to get started!