Business Quote by Jonathan Scott
“When the economy collapsed, our construction company was in Calgary, but the U.S. was further along in the recession, so I made the move down to Vegas.”
About This Quote
Source Podcast: Real Estate Talk, 2021
During the recession, he relocated his construction business from Calgary to Vegas to adapt to market shifts.
In simple terms: He moved his business to survive economic downturn.
Key Takeaway
Adapt business to market changes.
Themes
economics
relocation
strategy
Mood
pragmatic
reflective
Type
business
strategic
When to use this quote
- industry conferences
- financial planning
- networking events
Key Concepts
risk management
regional market analysis
business continuity
Questions to Reflect On
- What factors justified the move?
- How did the new market differ?
A Different Perspective
May overlook personal costs.
![“Kanjorski claims to be repeating an account of events given to him by US Treasury Secretary Henry Paulson and Fed Reserve chairman Ben Bernanke: On Thursday [18 September], at 11 a.m. the Federal Reserve noticed a tremendous draw-down of money-market accounts in the US; [money] to the tune of $550…” quote by Robert Skidelsky](https://sms4smile.com/quotes/img-quotes/9f1/robert-skidelsky-50275_economic-system_kanjorski-claims-to-be-repeating-an-acco_2628349.jpg)
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)