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In for a Penny, in for a Pound
I bought a building this past week - 173 Water Street in Williamstown. Seven suites of offices located right across the street from the Cable Mills site. Given the economy, some would say that is quite a leap of faith. To me, it was a no-brainer.
The American economy is an incredibly sturdy mechanism. It has dealt with shocks like the past two years many times over the years. True, this particular recession is longer and deeper than most. Yet I am confident that a recovery is underway and that good times are indeed forthcoming.
We have plenty of reasons to be optimistic. We will hit incredibly difficult times periodically and each one of those eras teaches us something valuable. We learn how to be smarter and leaner in our businesses. We learn to pay attention, check our foundations and in some cases, make the wise and courageous choice to go do something else. Small business is an integral part of that sturdy mechanism and as American entrepreneurs, we just get better at rolling with the punches.
Survive and flourish ... sometimes it is just about survival, other times we have the opportunity to flourish. Knowing when and how to do both is the key. Get by when you have to, roll with the punches, and then make hay when the sun shines.
Know anyone who needs some office space?
Lucy Pavalock contributed to this blog posting.