“What is important is not the decision itself but rather how committed and informed people are. The ‘best’ decisions can be bungled just as the ‘worst’ decisions can work just fine.” – William Ouchi, US writer.
This week’s quote illustrates the point that just because you might have made some poor business decisions in the past it is not necessarily the end of the world. You can always make the most of a bad situation and in fact this will be the true test of your entrepreneurial skills.
Why not share an example in the comments of a time when you made a bad business decision and turned it into a good thing?