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How to Survive a Recession, According to a 91-Year-Old Business

Success

The key to staying in business and being profitable, Hustead notes, requires regularly monitoring your overhead, labor, inventory expenses and revenue: “If you run out of money and go broke, you’re out of business.” Don’t wait for the bad event to occur, LaMonaca urges.

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What Is Happiness and Why Is It Important?

Success

in his 2002 best-selling book, Authentic Happiness. We all have a set range of happiness due to our genetics that we naturally return to after events—a job loss or promotion, say—that briefly move the needle in one direction or another. It’s called the “set-point” theory of happiness.

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