This document is not a handbook neither a set of items you should try. It is just a testimony on things that happened. I don¿t know why I reacted in that particular way but I did it as I felt it was the best thing to do. Use my lessons (or do I have to say lesions) to make you think about your own management style and the behavior you can have to keep your business running in difficult times. I translated the 39 corporate lashes into 39 confessions as in a lot of cases, I did things differently than the classical business practices ¿ and I presented each of them with 3 of my field experiences. Never forget that a turnaround executive is an angel; send from above with the mission to transform HELL into HEAVEN and there is no stairway to escape. He has no other solution than transforming hell into a nice destination. Concerning lifestyle, I like is the following saying: "A turnaround is the one that jumps out of an airplane without a parachute but it does not bother him as he knows he can rely on his skill set and experiences to find THE necessary solution before touching the ground."