--- title: "Meaning & Key Takeaway of: One of the problems with industries that…" description: "\"One of the problems with industries that have been in relatively long-term declines is that, very often, the managements in those industries develop a ..." image: "https://sms4smile.com/quotes/i/089/wilbur-ross-9357_business_one-of-the-problems-with-industries-that_2688451.jpg" --- # One of the problems with industries that have been in… ![“One of the problems with industries that have been in relatively long-term declines is that, very often, the managements in those industries develop a kind of loser mentality. And when you ask them what's wrong with the business, they'll point to extraneous forces.” quote by Wilbur Ross](https://sms4smile.com/quotes/i/089/wilbur-ross-9357_business_one-of-the-problems-with-industries-that_2688451.jpg) [Download](https://sms4smile.com/quotes/i/089/wilbur-ross-9357_business_one-of-the-problems-with-industries-that_2688451.jpg) [Open image](https://sms4smile.com/quotes/i/089/wilbur-ross-9357_business_one-of-the-problems-with-industries-that_2688451.jpg) > “One of the problems with industries that have been in relatively long-term declines is that, very often, the managements in those industries develop a kind of loser mentality. And when you ask them what's wrong with the business, they'll point to extraneous forces.” [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Management in declining sectors often adopt defeatist attitudes and blame external factors instead of addressing internal issues. **In simple terms:** Leaders blame outsiders, not themselves. Key Takeaway Focus on internal change. Themes leadership industry decline mindset accountability Mood cautious critical Type analytical diagnostic When to use this quote - corporate turnaround - strategic planning - employee training - change management Key Concepts organizational behavior psychology systems thinking Questions to Reflect On - How can leaders shift from blame to proactive solutions? - What internal changes can reverse a losing mentality? A Different Perspective External blame can ignore root causes and hinder recovery. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Loser](https://sms4smile.com/quotes/about/loser/) [Problems](https://sms4smile.com/quotes/about/problems/) ## Related quotes > [I think it's a loser's mentality to get happy with somebody losing.](https://sms4smile.com/quotes/rafael-dos-anjos/i-think-it-s-a-loser-s-mentality-to-get-happy-with-somebody-losing/) [Rafael dos Anjos](https://sms4smile.com/quotes/author/rafael-dos-anjos/) > [“The better solution to many problems that across all industries is to keep peeling back the layers to find the root cause.”](https://sms4smile.com/quotes/pearl-zhu/the-better-solution-to-many-problems-that-across-all-industries-is-to/) [Pearl Zhu](https://sms4smile.com/quotes/author/pearl-zhu/) > [The mistake that all 'long-term poor people' make is putting others under a microscope in an attempt to set blame. That right there is…](https://sms4smile.com/quotes/steven-crowder/the-mistake-that-all-long-term-poor-people-make-is-putting-others/) [Steven Crowder](https://sms4smile.com/quotes/author/steven-crowder/) > [“For people with a winner mentality, there’s a positive waiting for you no matter the outcome. For those with a loser mentality, if there’s…](https://sms4smile.com/quotes/chip-gaines/for-people-with-a-winner-mentality-there-s-a-positive-waiting-for-you/) [Chip Gaines](https://sms4smile.com/quotes/author/chip-gaines/) > [We need more than simply financial education. We need to re-orient ourselves mentally, in terms of what the American Dream is, and how we…](https://sms4smile.com/quotes/neal-gabler/we-need-more-than-simply-financial-education-we-need-to-re-orient/) [Neal Gabler](https://sms4smile.com/quotes/author/neal-gabler/) > [When you look around you wonder do you play to win? 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We've been in a trade war for decades. That's why we have the deficit.](https://sms4smile.com/quotes/wilbur-ross/we-re-in-a-trade-war-we-ve-been-in-a-trade-war-for-decades-that-s-why/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. 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Regulations don't solve things. Supervision solves things.](https://sms4smile.com/quotes/wilbur-ross/banking-i-would-argue-is-the-most-heavily-regulated-industry-in-the/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [Barring some national security concern, I see no valid reason to keep peer-reviewed research from the public. To be clear, by 'peer review,' I…](https://sms4smile.com/quotes/wilbur-ross/barring-some-national-security-concern-i-see-no-valid-reason-to-keep/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice.](https://sms4smile.com/quotes/wilbur-ross/china-is-the-most-protectionist-country-of-the-very-large-countries/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [I believe in the two-party system.](https://sms4smile.com/quotes/wilbur-ross/i-believe-in-the-two-party-system/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities.](https://sms4smile.com/quotes/wilbur-ross/ships-are-a-strange-kind-of-commodity-because-they-re-very-lumpy-very/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [We think, over the long term, the real key to value of a bank is does it have true deposits from true long-term customers?…](https://sms4smile.com/quotes/wilbur-ross/we-think-over-the-long-term-the-real-key-to-value-of-a-bank-is-does/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [I'm a very big proponent of cloud. We've used it a lot in private sector, and as far as we can tell, it is…](https://sms4smile.com/quotes/wilbur-ross/i-m-a-very-big-proponent-of-cloud-we-ve-used-it-a-lot-in-private/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) > [I think partly the decline in the peso was due to worry about renegotiation of NAFTA, but I think we also need to think…](https://sms4smile.com/quotes/wilbur-ross/i-think-partly-the-decline-in-the-peso-was-due-to-worry-about/) [Wilbur Ross](https://sms4smile.com/quotes/author/wilbur-ross/) [Explore all 73 Wilbur Ross quotes ](https://sms4smile.com/quotes/author/wilbur-ross/) ## More Business quotes > [Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. 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