Untitled Storyboard
Storyboard Text
- Slide: 1
- Is that Erick?
- Slide: 2
- Hi Erik, how are you?I haven't seen you since high school.What is going on in your life?
- Hi Nico, It is a pleasure to see you again. I'm very good, thanks for asking. I remember you very well from high school.
- Since I graduated from high school I decided to start a new business, and i'm working on it.
- Slide: 3
- How is it going?
- It's pretty awesome everything you have made.
- Slide: 0
- At the beginning, the economy was thriving. People had stable jobs, incomes were rising, and consumers were eager to spend on new products. I hired talented engineers, expanded my marketing team, and opened their first production facility The company had grown into a major player in the industry. I were selling in countries. Profits were at an all-time high, and investors couldn't get enough of the company's stock. But as it reached its peak, I started noticing signs of strain. The cost of production had increased as factories ran at full capacity, and competitors were starting to enter the market with similar, lower-priced products. Additionally, consumers were becoming cautious: many had already bought and were less inclined to make new purchases.Suddenly, the overall economy began to cool off. Consumer confidence dropped as reports of a looming recession spread. With interest rates rising, borrowing became more expensive , and people cut back on discretionary spending. the company had overextended itself during the boom, with too many factories, too many employees, and too much debt. I had to make tough decisions, selling off excess inventory at discounted prices, and shutting down under-performing factories. After months of decline, the business hit the trough. The company had cut its workforce in half, closed multiple factories, and was relying on a skeleton crew to continue production. The broader economy also hit rock bottom. Unemployment was high, many businesses had gone under, and the mood in the city was grim. That was the first two years and the cycle still continues.
Over 30 Million Storyboards Created