Reinvent

"Most of the important things in the world have been
accomplished by people who have kept on trying
when there seemed to be no hope at all."— Dale Carnegie

I am a firm believer that 10% of success is due to market conditions and 90% from how you deal with it. This past weekend I spent time with some friends who run small to mid size businesses. Like every other company, their businesses have been significantly affected by this horrible recession. I spent and entire day listening and learning about how they are adapting their businesses to these changing times. I am encouraged to see that success really has little to do with market forces and much more to do with how you deal with it.

It's obvious in times of turbulence that what worked before, doesn't always work in the future. You have to be willing to change course quickly or the market forces will swallow you. I saw that this weekend, when I heard friends talk of completely repositioning or re-engineering their companies because the old models just didn't work in this new economy. Jack Welsh often said if GE doesn't change faster than the outside environment then it will no longer exist.

We have significantly revamped our acquisitions process, management team, accounting systems over the past 10 months and more changes will occur in the coming months. Our goal is to stay ahead of the market. The only way that is going to happen is by changing quickly, often, and being fully committed to succeeding in these challenging times.

Keep pushing to make it happen.

-Nick