destiny matters
an experience of destiny disruption
January 2001 - just 60 days from the decision to postpone our IPO - valued at of over $1.5billion. I sit with my YPO Forum after sharing that our top ten customers were failing and living on a lie.
I would go from 17 years of rapid growth to “what now?”
I hear the gentle voice from my seasoned forum mate -“Wayne, in my experience - I would throw away the P&L, operate only on a Daily Cash flow statement, and sell all of the inventory you can and have for whatever you can.”
That is what I needed, a disruptive application to the trajectory of my new destiny - that helped me lead and survive through the valley of the shadow of death.
Wayne Williams, President and CEO, Telect Inc. at the beginning of the dot com BUST.