Teamwork Brings Long Island Muffin Manufacturer, Uncle Wally's, Out of Bankruptcy

Summary

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Wally Amos knows business' ups and downs. His philosophy? Work through the bad times, and remember - it's only business. As for those experiencing good times, Amos says this: The harder they work, the more fortunate they become.

But it was teamwork, rather than hard work alone, that in 1998 pulled Uncle Wally's, a muffin manufacturer hidden away in Shirley, out of bankruptcy. Debt had been rising faster than one of its muffins and two years earlier had forced the tiny company to file for protection.

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Extract

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Teamwork Brings Long Island Muffin Manufacturer, Uncle Wally's, Out of Bankruptcy

Bankruptcy was a low point, but Amos, Uncle Wally's chairman and founder, kept the faith.

The 69-year old Hawaii resident persevered through tough times in the past. This time, with a team of executives, he believed h...

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