Being back in Hong Kong makes me remember the impact of some of the great business meltdowns of the past – like SARs, Bird flu and the Asian financial collapse of the 90’s.
And it also reminds me that older people who are in business really benefit from having experienced being punched in the mouth (thanks Gary Vaynerchuk) by these events and having rebuilt their lives to survive. This is something that many of today’s young entrepreneurs have yet to experience. And it will be interesting to see what happens when the bad times come around again.
GaryVee: “Everyone has a plan until they get punched in the mouth”.