Saturday, August 10, 2019
Small Business Management Case Study Example | Topics and Well Written Essays - 2250 words
Small Business Management - Case Study Example purpose to gain wealth. (Now you'll get no down- pump on wealth from this writer. But it's way to over rated. There are greater pleasures besides money and sex. The Dot Com era offered great expectation and nobody wanted to be left out. Mr. Tuzman now says, "Say it truthfully, say it completely and say it first.") (Start-up Journal, P. 1, Wall Street Journal 2006) "We're growing too fast and losing focus." Those statements tell us money alone-in fact money alone tells us success and accomplishment will not come unless the CREATOR has decided it is so, and are willing to persevere until the dream is SO. Capital and knowledge are imperative to succeeding in business.( I preach not here-I tell it from being at the bottom and the top.) The truth is, it's not the end that matters, it is how you do it in between that counts. That you do it right,-in the end, that is the only result which matters. (Enron, 2006.) Small coin games will not give you no happiness at the final rest.Oh, but the glare of capital that overshadows all creation. It's something to behold.. This may be above you understanding, but there is no such thing as failure, only just not enough follow through. I'd be delinquent to tell you otherwise. Mr. Tuzmand is now apparently doing some kind of amends project-has a firm, the Recognition Group, which invests and advises distressed companies. It is admirable when he states that he advises future business relationships of his past failures. (Loftus P. 1) That indeed, is admirable in a world bent on suicide bombings and invading countries. Both have said, Mr. Tuzmand and Herman, they've learned their lesson. Life appears to be on the mend. He goes onto further say, (Loftus P.1) "I'm trying to... But both men now say they have learned their lessons, and they are using them in their latest venture. Mr. Isaza Tuzman, 30, now heads Recognition Group, a New York firm that invests in and advises distressed companies. Mr. Herman, 31, is an affiliate partner with the firm, although he recently took a leave of absence to assist his father's business in New Hampshire. The friends have reconciled since their falling out over Govworks. Recognition Group seeks controlling stakes in distressed companies with less than $150 million in annual revenue. The firm works on behalf of other private-equity firms and workout groups within banks. After all, the messy demise of Govworks.com, an online government-services provider, was chronicled in the 2001 documentary "Startup.com." The film showed a company enriched by $60 million in venture backing growing too fast and losing focus. A low point came when Mr. Isaza Tuzman fired Mr. Herman, his childhood friend and Govworks co-founder. But both men now say they have learned their lessons, and they are using them in their latest venture. Mr. Isaza Tuzman, 30, now heads Recognition Group, a New York firm that invests in and advises distressed companies. Mr.