Flamingo was struggling in the touch economy. Clients were hard to come by and there just wasn’t enough to keep the company going for much longer. As much as Flamingo hated to do it, he knew the advice from his Salamander was the right step to take. He had to raise his prices. While some of his customers left, more came and stood by him. Though his prices were higher he knew his product was worth it and he also kept his business alive! Now he felt safe standing in two legs instead of one.
Lesson: This lesson is inspired by the Rescue a CEO Post “How Do You Pull A Struggling Company From The Grave?