Lessons Learned From Past Recessions

Many of you suffering through today's economic downturn have been here before. You experienced the slowdown after the terrorist attacks of 9/11—maybe even the two recessions in the '80s and '90s. If so, then you probably have a good sense of what needs to be done to survive—and know you will survive.
But what about if you launched your business a year ago? Then this New York Times article is a must-read. It compiles lessons learned by small business owners who endured downturns in the past—and have lived to tell.