Things could not have been worse for Bill Cromedy. His partners in the Philadelphia contracting firm had suddenly left, leaving him with little but the chair he sat in and a cloud of industry rumors about what had caused the company to split.
Cromedy knew that rebuilding the business would mean countless hours, as well as competing against his former partners. Cromedy could easily have walked away—many others would have. But now, just a few years later, Advantage Contracting is going strong once again, and the lessons he learned along the way continue to fuel his success.
How does a small business come back from such adversity? Cromedy began his path to recovery by looking inward. What he found can serve as a template for overcoming entrepreneurial catastrophes of any magnitude.