Saturday, 14 March 2009

Recession: Sustain for 1 yr and become Kings

It is known news that the hottest thing right now is nothing but recession and almost all the industries and different professionals have been reeling under the high impact of this one. While most of them have become numb on this, the tough guys are busy trying to work out the brighter side of it.

Most of the Hyderabad based entrepreneurs are now saying that this phase will be on for about a year or year and a half and they have come up with an analysis. They say that if any business would withstand the pressure for the coming year then they would emerge as the successful ones.

It is more like the survival of the fittest and they say that during the recession, those who are weak will shut down their shops and those who are not competitive will fall by the way but those who can sustain these tough times will turn out to be the rulers as they find no big competitor aside once the recession period is over. This logic was derived by a group of entrepreneurs in a trivial talk of Hyderabad Management Association.

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