Five Low-Budget Tips for Building Growth Muscles in a Weak Economy
By Dan Adams
Warren Buffett famously said, "Be fearful when others are greedy and be greedy when others are fearful." And you’d love nothing more than to be that kind of long-term thinker, willing to invest in the future when others are running for cover. Of course, Buffett has his $60-billion fortune to cushion the risks associated with his maverick tendencies. You, on the other hand, are saddled with a shortage of cash and a coterie of colleagues who believe the right response to the slow-to-fully-recover economy is to stay hunkered down, slash costs to the bone, and wait for the storm to pass. What’s a frustrated would-be business-grower to do?