Monday, 21 March 2011

The best time for entrepreneurship (Part 2 of 4)


Pietro Alvise, the son of a Venetian merchant, did not allow the situation to bring him down. Instead, he made a bold proposal to his father, Luigi Alvise.

"What you are proposing is impossible, Pietro," admonished the old man, shaking his head. "Many have tried it before and no one has succeeded. It's better if we wait until the market recovers."

Pietro looked at his father and took in a deep breath. It was imperative that he found the right words. If he could not convince his own family, how would he be able to convince anyone else?

"That's the point, father," he emphasized. "The market is not going to recover. Don't you see the rising interest rates? Aren't our friends going bankrupt one after the other?"

To be continued in the next post.

[Text: http://johnvespasian.blogspot.com]

[Image by mehul.antani under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]