What goes into running a failing business

10/25/2013 | Inc. online (free registration)

There's plenty of information about how build a startup, but fewer people are willing to discuss how difficult it can be to run a failing company, writes Howard A. Tullman, chairman of Tribeca Flashpoint Media Arts Academy. When things aren't going well, it's critical to have a realistic outlook and to be willing to let a few people go to preserve the health of the company as a whole, he writes.

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