Guide on How to Buy a Business, How to Sell a Business
How to sell and Buy a Business

Empowerment Tip
Look Upon Adversity as a Challenge

In the context of this buy small business tips - guide to buying business, here are some empowerment tips. Adversity almost inevitably strikes at some point in a person's career. Among these adversities are being fired, being laid off, losing a major account, having one's budget reduced, or falling into political disfavor. Long-term edge gainers do not surrender when adversity strikes. Instead, they look upon adversity as a challenge that must be handled in the way that all major business problems are solved. After getting over the emotional sting, the resilient person explores multiple options to find one workable escape route.

Engineering manager Pete Chan illustrates deftly the importance of looking upon adversity as a challenge. At one time, General Electric decided to move its semi-conductor division from Syracuse, New York, to North Carolina. Pete, the head of the reliability engineering section, did not want to relocate for personal reasons. He and his family were happily ensconced in their community.

Pete's survival plan was to attempt to merge his group with the electronics laboratory in Syracuse. The lab was conducting exciting research in radar, lasers, infrared cam?eras, and high-speed semiconductor devices. Pete wrote a report to division management explaining how his group would be more effective working with the electronics labo?ratory than by relocating.
Much to Pete's delight, division management listened to his suggestions and incorporated his group into the lab operations. Several members of his group who wanted to relocate to North Carolina were disappointed, but others felt relieved about not having to struggle with relocation. Pete's group is now a very important part of lab operations. Other departments within the lab depend on his support.

Pete gained a double edge because he was able to keep his work and personal life intact. He overcame adversity by developing a sensible survival plan and selling it to manage?ment. His suggestion of merging his group into the electron-

Visualization is a primary method for achieving many dif?ferent types of self-improvement. It is therefore an essential component of a master plan for breaking through to impor?tant career accomplishments. To apply visualization, pro?gram yourself to stand out in work situations. Imagine yourself engaging in self-enhancing, winning actions and thoughts that allow you to stand out and gain the edge.