Winners and Losers

Entrepreneurship is a gamble. You win some and you lose some. Generally the gamble however is well thought out and sometimes, you just get it wrong. Lance Armstrong has recently been in the news for all the wrong reasons. In his time, he was viewed as a great cyclist , a survivor of cancer and an inspiration for a lot of people. He raised a lot of money for charity, and although he was tagged as a cheat by some, it was denied and his persona and public profile was of doing great things as opposed to cheating on his bike. Recently he finally admitted to cheating and his world has come crashing down around him. In recent posts, I mentioned that every Action has a Reaction and therefore a Consequence. Outside of Lance Armstrong's world, others have won and lost. Other cyclists will win because they may get the sponsorship deals, cycling should become a cleaner sport and therefore the more talented actually win the races. Drug testing companies also win because more money is spent on making things right. However there are losers and one was an Entrepreneur who bought 10 000 videos about Lance Armstrong. Since the revelations, he cannot sell them and has therefore been left holding the stock and not being able to redeem his investment. However you have to laugh in some ways because where there is an Action, there is a Reaction and in this case an Australian Library decided to put a spin on how they lent out their videos by moving the video from the non fiction section into the fiction section. Winners and Losers