In the January 2008 issue of Inc. Magazine George Naddaff, the founder of Boston Chicken, is quoted saying, "No business, no problems. No problems, no business. Problems are opportunities".
At two meetings today in the Northeast I was asked if the recent quality problems with pet food and toys from China have affected our business. I responded that we are viewing it as an opportunity. Small and mid-sized companies still want and need to be in China. With the recent news we believe they are realizing they need a presence "on the ground" in China to be their eyes and ears. We provide the infrastructure and "on the ground" presence to greatly reduce the risk related to manufacturing in China.
Now, I wouldn't mind at all if the material price increase problems we are dealing with went away. I'm still looking for the opportunity in that one.
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