Wisdom is knowing what to do next, skill is knowing how to do it, and virtue is doing it.
-- David Starr Jordan

 

 

Monday, July 16, 2001

Slowdown or speed up?

Fortunes are made when times are difficult. When business is slow is when enduring businesses are built. When the markets are down is when you can buy low so that later you’re in a position to sell high.

There are those who wait for a rising tide to lift all boats. Then there are those who set sail anyway, even when conditions are not ideal. They’re the ones who beat the crowds. They’re the ones who can always write their own tickets, who live life on their own terms.

When times are difficult, opportunity is rampant. When the economy slows down, that’s when the real achievers speed up. You can wait for things to get better, and they probably will -- eventually. Or you can go ahead and achieve what you want to achieve, regardless of what the economic conditions may be.

Ultimately, the economy is what people decide to make it. Those who decide to make it more vibrant as a result of their efforts end up reaping enormous and lasting rewards for their vision and courage.

— Ralph Marston

 

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