on business success - and how the west was lost (Full Version)

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LadyEllen -> on business success - and how the west was lost (11/13/2010 8:37:59 AM)

Well, it seems my failure to grasp the nature of our economic miracle has finally caught up with me.

Despite the great exertions of our leaders and financiers to provide me with the ideal business environment in which to operate, my personal moral failings have apparently outweighed their best efforts and occasioned the demise of one and the likely demise of the other company I founded.

The impressive and heroic actions of these glorious champions of the economy just weren’t enough it seems, to counterbalance my erroneous methodology these last 7 years.

Of course, I blame myself, for who else is there to blame? After all, it must have been my frivolous, misguided and risky behaviour that brought all of this about. It’s the only explanation that fits given all the advantages, help and support, not to mention the clear and shining example I’ve received from those who know better than I about how to succeed in the market.

I suppose its down in no small part to my failure to understand the opportunities for success opened up to me by the fact that my overseas competitors’ operating costs, payroll and overheads are so much lower, so that they’re at a clear disadvantage in the international market our political leaders so cleverly engineered for the national benefit.

Added to which of course, I am clearly not suited to business what with a chronic psychological disorder, which compels me to deal honourably, fairly and legally and to observe regulations and laws.

It’s a clear recipe for failure, and one that it seems is employed widely by equally ignorant and afflicted people throughout the land. If only we were capable of taking on board the lessons we have been given and capable of comprehending the nature of our economic miracle, we might have succeeded, but it seems we’re all dunces.

No wonder our highly successful banks wont back us then. No wonder again that suppliers cant get credit insurance on our purchases. No wonder still that having failed to understand the modern methodology of business success our leaders have no sympathy with our self engineered plight and find themselves unwilling to offer comfort or rescue.

Yet not all is darkness and despair. Having identified the reasons for failure there is a clear way forward in the restructuring of personal character and morality towards that which is required for success, beginning with the learning by rote of the key and basic premises that all that matters is financial success and that this end justifies any means, regardless of collateral effects on others.

The undoing of years of damaging, erroneous and foolish thought patterns may take time and effort of course. Thank goodness that our leaders and financiers have pity enough upon us to provide the necessary motivation to this end in the meantime by reducing, and hopefully over time withdrawing entirely, the social security welfare net that might have otherwise inhibited our rehabilitation, both as individuals and as a nation, and providing clear guidance in the form of home repossessions and creditor’s bankruptcy proceedings, respectively.

I am confident that the lessons of the early 21st century will be rapidly absorbed and that, in time, our individual and national recovery shall ensue.

I look forward to passing these invaluable lessons on to the next generations as, bedding down for the night in the Chinese owned factory that is my home and support at age 80, they question my sanity as I regale them in hushed tones with tales, over the bowl of rice we’re sharing, of how the west was lost.

E








DarkSteven -> RE: on business success - and how the west was lost (11/13/2010 9:35:20 AM)

Dammit, Lady E.  I'm sorry to hear that.




Raechard -> RE: on business success - and how the west was lost (11/13/2010 9:59:05 AM)

This government is a nightmare they want to redefine the rewards of work. Soon there'll be an underclass within the UK, members of this underclass will be working for nothing looking for work. The underclass will be made up of the same people that used to be able to charge for their work but now can't because the government is forcing unemployed people to do it for free. So the government is saying "We don't need to pay people to carry out certain tasks for government because we can threaten people to do it for free." This is slave labour and the government is the beneficiary of it because these people will be putting their unpaid efforts towards helping local government.

It's a bad precedent to set. Better to create the jobs for the unemployed rather than removing the paid status of current jobs, such as street cleaning, rubbish collection etc. Take your pick as to what you can get an unpaid worker to do for local council. What are the protections? What jobs can't be done for free under this scheme?

How the west is trying to win: play the game like China and reduce the rewards of work.




Musicmystery -> RE: on business success - and how the west was lost (11/13/2010 10:12:39 AM)

quote:

RE: on business success - and how the west was lost - 11/13/2010 12:35:20 PM


I'm sorry to hear about this too, but not the lament.

Conditions change, markets change, and successful businesses change. Sometimes, that means not insisting the same existing business continue regardless of the environment--not that it's the fault of the environment. After all, other businesses thrive.

Every successful business owner I've worked with ran not one but 2-6 businesses, and remained willing to change as needed. If that meant changing businesses entirely, then that too.

People still have wants and needs, still have things that need to be done and problems that need to be solved. There are always opportunities to step in and provide these services--no matter the conditions.

Good luck.




Jaybeee -> RE: on business success - and how the west was lost (11/13/2010 10:16:43 AM)


quote:

ORIGINAL: LadyEllen

Well, it seems my failure to grasp the nature of our economic miracle has finally caught up with me.

Despite the great exertions of our leaders and financiers to provide me with the ideal business environment in which to operate, my personal moral failings have apparently outweighed their best efforts and occasioned the demise of one and the likely demise of the other company I founded.

The impressive and heroic actions of these glorious champions of the economy just weren’t enough it seems, to counterbalance my erroneous methodology these last 7 years.

Of course, I blame myself, for who else is there to blame? After all, it must have been my frivolous, misguided and risky behaviour that brought all of this about. It’s the only explanation that fits given all the advantages, help and support, not to mention the clear and shining example I’ve received from those who know better than I about how to succeed in the market.


You're right. You have nobody else but yourself to blame for having failed.

quote:

I suppose its down in no small part to my failure to understand the opportunities for success opened up to me by the fact that my overseas competitors’ operating costs, payroll and overheads are so much lower, so that they’re at a clear disadvantage in the international market our political leaders so cleverly engineered for the national benefit.


Then find more favourable trading routes.

quote:

Added to which of course, I am clearly not suited to business what with a chronic psychological disorder, which compels me to deal honourably, fairly and legally and to observe regulations and laws.


They say cheaters never prosper, and while a few cheaters HAVE indeed hit it big, by and large the maxim is quite true. However a certain ruthlessness is necessary to succeed, and it has nothing to do with morality; a good friend of mine is a Jain, his father recently handed over the reins of a 8-figure turnover business, one that he built since the 60's, during which time he assiduously swept the ground ahead of him for fear of killing an insect before walking. He would NEVER pay his suppliers bills a minute past the agreed date. He did all this whilst using his 2nd mortgage to buy in much larger bulk than his competitors, and stripped margins down to levels the other traders believed were untenable and unlivable. He is now the 4th biggest reseller of electronic media in the UK.

Moral is, if you want to be upright, upstanding and brutally honest, fine; just be prepared to be FUCKING good at what you do.

What business was it, btw??




Musicmystery -> RE: on business success - and how the west was lost (11/13/2010 10:23:12 AM)

quote:

just be prepared to be FUCKING good at what you do


I would hope this would be the ground rules for any professional pursuit.




Real0ne -> RE: on business success - and how the west was lost (11/13/2010 10:49:29 AM)

quote:

ORIGINAL: Musicmystery

quote:

RE: on business success - and how the west was lost - 11/13/2010 12:35:20 PM


I'm sorry to hear about this too, but not the lament.

Conditions change, markets change, and successful businesses change. Sometimes, that means not insisting the same existing business continue regardless of the environment--not that it's the fault of the environment. After all, other businesses thrive.

Every successful business owner I've worked with ran not one but 2-6 businesses, and remained willing to change as needed. If that meant changing businesses entirely, then that too.

People still have wants and needs, still have things that need to be done and problems that need to be solved. There are always opportunities to step in and provide these services--no matter the conditions.

Good luck.



Markets are managed (changed) outside the scope of what you or I are privy.




TheHeretic -> RE: on business success - and how the west was lost (11/13/2010 11:06:42 AM)

Well that genuinely sucks, LadyE. At least you all still have your health care covered.




popeye1250 -> RE: on business success - and how the west was lost (11/13/2010 1:32:05 PM)

At one time "Sheffield" made the best cutlery in the world.




Raechard -> RE: on business success - and how the west was lost (11/13/2010 5:36:19 PM)

The good old days when when "Sheffied" was Sheffied.




Icarys -> RE: on business success - and how the west was lost (11/13/2010 5:57:50 PM)

quote:

ORIGINAL: Raechard

The good old days when when "Sheffied" was Sheffied.

Do you mean Sheffield?




Raechard -> RE: on business success - and how the west was lost (11/13/2010 5:58:36 PM)

yeah [:D]




Icarys -> RE: on business success - and how the west was lost (11/13/2010 6:06:11 PM)

Maybe you could sell it to someone who could do better with it? At least you'd get something (more) out of the deal on your way out.

It sure isn't easy. I think everyone is struggling a bit.

This isn't my first business but it has been my toughest. If I hadn't set it up like I did, I too would probably be in trouble or at least having to reposition myself.




Icarys -> RE: on business success - and how the west was lost (11/13/2010 6:25:34 PM)

quote:

Moral is, if you want to be upright, upstanding and brutally honest, fine; just be prepared to be FUCKING good at what you do.


My stepfather taught me some successful business tips when I was younger.. Pretty easy really.

Give them good service.
Great prices.
Good attitude.

That beats out 98% of the other businesses out there he would say.[:D]
Maybe he wasn't right about the percentage but his ideas were correct.

I've since added and made sure I've always had low overhead and aggressiveness. Especially when I see an economic downward turn.




Termyn8or -> RE: on business success - and how the west was lost (11/14/2010 7:07:48 AM)

Nice rant.

What is next ? You might seem a bit lost right now but sooner or later next must come. I can't advise you about what next will be, only you know your business environment and your assets. But the fact is extant that next is indeed...... next, unless you want to spend the rest of your life twiddling your thumbs.

That's why they call it picking up the pieces. I like the part describing the need to deal fairly and honestly as an affliction. Recognizing the problem is the first step in solving it. Of all the shit you see in the news about the supposedly unreproachable getting caught in nefarious practices should serve as a good lesson. If this is what you see, things they found out, which may have been going on for a long time, think of all the malfeasance which has not yet been uncovered.

Business is indeed a game in the here and now, and the first thing to realize is that you can't win a game in which your opponent can break the rules at will, unless you resort to the same tactics. That doesn't necessarily mean to break the law, in fact many companies maintain a legal staff for the sole purpose of getting away with all they can and not get busted for it. Unfortunately that's what it takes now.

So have a shot of scotch, scratch you head and say "hmmm, that didn't work". Begin to plot, and yes I chose that word carefully. Plot, figure out how to get the loot. You can live your personal life with sugar and spice and everything nice, but in a place of business Dr. Jekyll needs to be Mr. Hyde. Leave morality at home, that's the way the big boys do it. If something is immoral it would be illegal. You are a tasty little morsel swimming among sharks, you have the right to take any and every advantage you possibly can.

Really is a damn shame it has to be that way.

T




LanceHughes -> RE: on business success - and how the west was lost (11/14/2010 7:16:32 AM)

^ ^ ^ ^ WRONG ^ ^ ^ ^

How very, very paranoid!

Besides, one can NOT separate one's set of ETHICS into different sections.  MORALS?  Now that's a different subject.

My three rules are also simple.

1) Lowest prices
2) Quickest delivery
3) Highest quality

I once saw a sign over a counter stating those 3 items.  It then said, "You pick two. We'll pick the other."  In other words, if the customer wanted low price and quick delivery, the quality would suffer.

Guess how long said business lasted?




pahunkboy -> RE: on business success - and how the west was lost (11/14/2010 7:26:39 AM)

E.  I missed you. 




MrRodgers -> RE: on business success - and how the west was lost (11/14/2010 12:32:47 PM)

Well not surprised most are missing the point. What she failed to learn is how to 'go public' creating a piece of paper with her name on it. Then go to London and give them a good cut to sell millions of them to the 'pubic.'

Then having so deservedly anointing herself with a few million pieces of that paper, when the price is determined...sell baby sell. Now you've been 'successful' in business while your 'investors' are now slave to the speculators. Let all of those unknowing...take the ensuing hit. Capitalism baby...capitalism. Turning anything into their paper and into our money.




Icarys -> RE: on business success - and how the west was lost (11/16/2010 7:41:59 AM)

quote:

ORIGINAL: Musicmystery

quote:

RE: on business success - and how the west was lost - 11/13/2010 12:35:20 PM


I'm sorry to hear about this too, but not the lament.

Conditions change, markets change, and successful businesses change. Sometimes, that means not insisting the same existing business continue regardless of the environment--not that it's the fault of the environment. After all, other businesses thrive.

Every successful business owner I've worked with ran not one but 2-6 businesses, and remained willing to change as needed. If that meant changing businesses entirely, then that too.

People still have wants and needs, still have things that need to be done and problems that need to be solved. There are always opportunities to step in and provide these services--no matter the conditions.

Good luck.

And people say there are no "absolute" truths(Bullshit...There are of course). I missed this earlier. Well said.




thornhappy -> RE: on business success - and how the west was lost (11/16/2010 7:48:00 PM)

quote:

ORIGINAL: MrRodgers
Well not surprised most are missing the point. What she failed to learn is how to 'go public' creating a piece of paper with her name on it. Then go to London and give them a good cut to sell millions of them to the 'pubic.'

Then having so deservedly anointing herself with a few million pieces of that paper, when the price is determined...sell baby sell. Now you've been 'successful' in business while your 'investors' are now slave to the speculators. Let all of those unknowing...take the ensuing hit. Capitalism baby...capitalism. Turning anything into their paper and into our money.

Ain't a lot of IPOs going on nowadays.




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