There’s nothing more difficult for a business owner than watching years of time, money and energy result in failure.
In terms of pain, stress and suffering, losing a business is perhaps second only to losing a family member. To some, the business is a member of the family.
But taking a business teetering on the edge of failure and leading it back to prosperity can be among the satisfying — though grueling — journeys in one’s business career. SBN spoke with experts and probed the minds of two business leaders who drew their ventures back from the brink.
Here are their stories and an exploration into the Turnaround Game.