The up side of down
by Megan McArdle · first published 2014
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2recommended by
2HN commenters
2016–2017first – last mentioned
100% recommend
"For readers of Drive, Outliers, and Daring Greatly, a counterintuitive, paradigm-shifting new take on what makes people and companies succeed Most new products fail. So do most small businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? If you want to succeed in business and in life, Megan McArdle argues in this hugely thought-provoking book, you have to learn how to harness the power of failure. McArdle has been one of our most popular business bloggers for m
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…Typically the staff knows for months that the end is nigh until some minor event precipitates the final undeniable crisis. Megan McArdle has some interesting things to say about this in her book "The Up Side of Down." Chapter 5 is about handling crises (in general) and the GM failure (in particular). "Wagoner [the head of GM] seemed to believe that by not admitting GM might declare bankruptcy, he could somehow keep…
on “Why billions of dollars of goods are stuck at sea” ↗The only thing I would add to this (great, positive) advice is that you may want to read McArdle's masterpiece on rebounding, The Up Side of Down.[1] She was in a terrible (long-term) unemployment situation, followed by underemployment; she took the lessons she learned, added some others she found later, and wrote this (very helpful and practical)…
on “Ask HN: Laid off. Now what?” ↗