The Party's Not Over
Lessons in prospering once the crowd has given up and gone home--because <i>their</i> party is over, and, yes, it's time to clean up.
Back in the '80s, when Prince exhorted us to "party like it's 1999," who knew he was predicting the future of business? For entrepreneurs, 1999 was one big party. You could announce plans to sell anything online-galoshes, light bulbs, coffins-and be toasted for your brilliance. You could go public and watch money rain down like confetti. Thanks to a roaring economy, even non-dotcoms saw unprecedented growth and profits.
But now it's 2001, and as you stumble through the trampled confetti and broken martini glasses, it looks as though the party's over.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
These Co-Founders Are Using 'Quiet Confidence' to Flip the Script on Cutthroat Startup Culture and Make Their Mark on a $46 Billion Industry
-
My 7-Year-Old Daughter Started Selling Eggs. Here's What She Taught Me About Running a Startup.
-
Why You Need to Become an Inclusive Leader (and How to Do It)
-
Career Transitions You Can Make in Your 40s and 50s
-
Billionaire Naveen Jain Is an Expert at Disrupting Fields He Has No Experience In. His Secret Sauce for Building Multi-Million Dollar Companies? 'You Have to Come as Naive.'
-
4 Principles to Develop Next-Level Leadership at Your Company
-
This Filipino American Founder Is Disrupting the Beverage Aisle by Introducing New Flavors to the Crowded Bubbly Water Market