Where has British grit gone?

Today we read that the Governor of the Bank of England, Mervyn King, now thinks that the recession is deeper and will last longer than first thought. The money supply to businesses is all but shut off and there is no sign of when that will ease up.

He predicts that many more people will be made redundant and more businesses will go bust. Well, at the risk of getting repetitive, we all knew that and it's no good sitting around whining. It's not rocket science - when things get tough you really do need to tighten your belt and get smarter.

I do get heartily sick of all the negative press and media - it is simply providing excuses for people to accept what they are being told is reality rather than doing something different to change what they can. Where on earth has grit gone?

And when is it going to sink in that if you're not succeeding on your own in business (or in life) you need to do something differently - invest in yourself, learn from other more experienced people, read books, hire a mentor, change course - whatever it takes.

I would put money on it that a very high proportion of the businesses struggling now can be made more profitable in a matter of months with the right input. We used to have a culture of triumph over adversity. We need it back, and pretty damn quick.