In boom times (for us) we opened a satellite office in Houston to provide outplacement to the oil industry, as they were laying people off by the thousands. It went extremely well until oil prices rose, the market for our services ended overnight, and we had to close the office.

It was a good business decision to go there, and another good decision to leave. While it lasted, the venture was highly profitable for us. At the end, Our Senior Vice President from Denver stepped up to the plate and helped me manage through the crisis.