Aviation Stories

While I was interviewing my guests on the October 4 episode of the SME Forum TV Talkshow, we came across a very interesting business expression; the Humpty Dumpty effect. It was a very strange, yet very apt expression for one of the reasons why some businesses fail. Indeed, though it sounds funny, it’s a lesson we, as entrepreneurs, should learn well.Let’s revisit this old nursery rhyme. If I remember it right, it goes like this:”Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men couldn’t put Humpty Dumpty back together again.”The Humpty Dumpty effect or syndrome happens when we try to fix an unfixable situation and end up breaking more than what was broken in the first place. In business, this is nothing new. We businessmen often fall “too deep hair regrowth ly in love” with their businesses. This isn’t exactly a “bad thing;” however sometimes, when our businesses starts to fail, many of us go to unreasonable lengths to try to save a lost cause. This actually happened to me back in 2003?”Humpty Dumpty sat on a wall”In May of 2001, I was convinced, by a friend’s passionate plea, to put up an I.T. Hardware business with him. We got off to a rocky start; but eventually we were ale to close several deals and make a lot of money. Needless to say, I became passionate about this business as well.I started to love the business like it was a member of my own family. I spent endless hours thinking of ways to grow the business and bring it to its full potential. I would talk to friends about my business like a proud father talking about a favorite son or daughter.