Forums » Finances/Business

• Onyekachi Ajaegbu

  

  • 3 posts
  May 10, 2011 4:53:43 PM CDT

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  What would you do in a business transaction, when you expected the best but unfortunately the worst thing happened?

• Blaine Holczer

  

  • 7 posts
  May 10, 2011 5:22:11 PM CDT

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  salvage what I could and learn the most I could from the situation to create the most intrinsic value and make up for it the next time
• Felicia Jones

  

  • 8 posts
  May 11, 2011 1:22:16 PM CDT

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  Since the worst has already happened re-evaluate what went right and what went wrong and start a process or procedure file for future references because there is uncertainty or risk in every business transaction you must know your business and overall strategic plan so you can implement a risk management plan that will identify all possible risks, give you solutions to avoid or respond the risks, and prioritize or rank how important the possible risk could be.
• Tobias Sedillos

  

  • 7 posts
  May 20, 2011 2:33:18 PM CDT

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  Ask yourself, "What is the lesson I can learn here?" ... and then move forward.
• Savanna Moss

  

  • 1 posts
  December 7, 2011 9:09:04 PM CST

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  Expecting the best to happen is always a positive strategy. We should always realize that nothing happens without an effort. Expecting the best and planning for the best outcome is a process leading to success. Focus on what went right and how you can improve on that and what could possibly have been left overlooked. What should be improved and still not compromise the value of the transaction? When you feel you have made the effort to reach the desired outcome, accept the fact that the timing wasn't right. Move forward and always be open minded and ready to learn from everything that happens. Put 100 % of yourself into all of your efforts and always expect the best to happen.
• Deleted Member

  
  April 9, 2012 9:29:06 PM CDT

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