How To Bounce Back If You're Bounced Out

Scared of being fired? If so, don't think of it as the end of your career. Coming back from a setback isn't impossible. Just ask John Morgridge, the multimillionaire chairman of San Francisco-based Cisco Systems. He was fired 20 years ago from a branch manager job at Honey-well. Morgridge wanted the autonomy to run his department as he saw fit, and his boss disagreed. "I was young and aggressive. I couldn't handle the guy meddling in my job," recalls the 63-year-old, who went on to build computer-network maker Cisco into a $1 billion company.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.