Oh Yeah, Me.
Nine months ago I partnered with an East Coastian named KG. He's real good at what he does, and he does what I don't - so we started UI Foundry in an effort to slowly take over the RIA Design/Dev world. So far so good - at least before October Madness swept the globe. Our first few projects went really well - and some recognition came our way. We were proud of our work and had the luxury of turning down stuff we weren't interested in. We were quietly chiming along on two nice projects and were just about to start on a third when all of a sudden. Click. Like a light switch, the bottom fell out. One customer had trouble raising funds and could no longer pay us, another customer deferred the rest of our project, and the work that was slated to begin locked up in a spending freeze.
We scrambled for a little bit - sent out a bunch of feelers - and near 2 weeks later - no real answers. (Double Zoiks)
Well we came out of it ok, at least for the near term. My good-buddy JG predicted whence I spoke to him that in '13 days' I'de have something - low and behold - on the 13th day 3 things dropped at once. Coupla phone calls and an email later we were chasing three solid leads. Another week and we closed a nice project with a believe it or not) financial services software company - yeah we got a deposit this time... We beat out a solid competitor for the work who was directly referred by Adobe - so we felt pretty stoked to get it.
Moral of the story? Avoid Global Financial Meltdowns - and when you can't, make sure to save your pennies just in case. Hindsight we couldn't have done much to protect ourselves but we're back to looking towards the future and trying to gather that full head of steam back, despite the doom and gloom that may lay ahead.