Witchy wrote:

On Tue, 06 Jan 2004 22:39:55 +0000, The Natural Philosopher
wrote:


I would have divrced that red headed know it all bitch immediately.

In fact, I wouldn't have married her in the first place.

What a tosser.

Typical bloody art fart all confidence and no bloody sense, and
completely unable to distinguish between property development and an ego
statement on interior design.


Presumably you missed out on BBC2's 'new' version of C4's 'no going
back' in which a bunch of clueless ******* decided to run a bar stroke
restaurant in Portugal despite never having run a bar or restaurant
anywhere before?



Oh, yes. Saw some of that and found it too depressing.

Everyone thinks its easy running a business. I've run three. Its a total
bitch. Everyone thinks making a profit is just about spending money and
having a decent end result. It isn't. You are dealing with two large
numbers - cost and return. They are always close together - never more
than a few percent apart. Profit consists in tuning the cost down below
the return.

A veruy old acquaintance of mine bought a computer parts distributin
business from someone years ago. The seller remarked that what he wanted
to do was 'something with computers' but what he ended up doing ws 'fine
tuning the cashflow'

An instinctive appreaciation of cost benefit analysis is the one and
only absolute pre-requisite for running a PROFITABLE business.

However, as one of my ex-colleagues remarked, 'you don't need to make
money to make money' and proved it by selling his loss making business
to someone else at a huge profit, who sold it on to...yes. Worldcom!






It was most comical, particularly the husband who just acted like a
total control freak in a gale of opposition from his parents who had
good advice, which was presumably just what the programme makers
wanted.

I don't think it was a coincidence that he looked and acted like Chris
Evans. (ex Radio 1 DJ, and let's focus on the 'ex')


No. The world is largely composed of two sorts of people, those that ar
*******, and accept it, and those that are *******, but think they are
actually clever.

Those who are actally disciplined enough, or simply motivated enough to
learn from mistakes and refine their businesses towards eventual profit,
are few and far between.

After all its always much easier to PRETEND that you are clever, and
hope to thereby sucker someone else out of their money.


I have observed that most would-be entrepreneurs are, in teh final
analysis, not actually interested in actually making money. They are
interested more in "being, and being seen to be, entrepreneurs"

I ermembver vivisly the TV program that featured Clive Sincialr and Alan
Sugra. Whilst clive raved on about te technical merits of the 8088
versus the z80, Alan sugar merely remarked that 'he didn't understand
all that technical stuff, he just wanted to get a product that worked
out to the sort of customers he understood at a price they could afford'

Guess who is still in business...

Good business is essentially boring attention to detail with a
sprinkling of vision and luck thrown in.

It makes boring TV.



--
cheers,

witchy/binarydinosaurs