It’s an expression used throughout much of the English-speaking world to describe the tendency for people to compare themselves, their wealth, and their social statuses with their neighbors, friends, and colleagues. The roots of the saying may go back to the excesses of the Gilded Age as chronicled by the famed writer, Edith Wharton. Wharton knew what she was talking about.
Dec. 14, 2021—Successful entrepreneurs sometimes have unrealistic expectations when selling a business. Rather than consider the actual merits of the company, they may seek to meet certain unattainable standards that they view as important.
Running a business throughout a pandemic hasn’t been easy. But many business owners remain skeptical about the economy even moving beyond the pandemic. In March 2020, 57% of business owners had confidence that they would achieve their business’ long-term financial objectives, but by February 2021, only 34% still had that confidence, according to Wilmington Trust research.
