"It is wise to keep in mind that neither success nor failure is ever final." ~Roger Babson

Thursday, June 6, 2013


“It is wise to keep in mind that neither success nor failure is ever final.” These words of Roger Babson, who was an entrepreneur and business theorist in the first half of the 20th century, are still relevant in today’s business world. Single companies and whole economies may pass through an infinite sequence of ups and downs. Whether your business is on rise or in recession, this will not last for ever. Similarly, the group buying industry was booming in 2008 - 2010, then began to slide in 2011 - 2012... Nobody knows for sure what is the next twist in deal market trend, up or down?
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