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Friday, March 18, 2011

The World Owes Us Nothing

As many of us are enjoying the best two days of the year, those being the first two days of the main draw of the NCAA Basketball Tournament, I wanted to talk about a Facebook post that got my attention for multiple reasons. This person spun the apparent fact that his business is not where he would like it to be in terms of number of customers/clients because most of the people where he lives are "conservative far right" and don't see the need for his service (which is not in the least a political field of word).

His service is not scalable and must occur in person so this "conservative far right" is his potential client base unless he moves. Let me say I have no idea if he is any good at what he does nor do I know whether anyone needs the service he provides but obviously he does know the extent to which his service is needed.

From where I sit his success or failure will hinge on his ability to relate his service to the lives of the people who must be his customers if he is to have customers. It is not the political ideology of his potential customers that is preventing his success it is that he has not figured out how to effectively relate his service to his potential audience. I'm not sure how he can ever have success if he continues to blame other people. I can't imagine this is an original sentiment but individuals are the greatest determinants of or impediments to their own success.

We have all encountered this attitude before in our lives but I am not sure how prevalent it is (hopefully not too prevalent). The idea that something will be handed to you when you have your own business is fatally flawed and there nothing preventing anyone from getting their expenses down.

Embedded in this, unfortunately is so called class warfare. My self employed friend has some very specific ideas about the wealthy and what they are doing to the poor which is what he considers himself. On this issue I try to just stay on my own mat but I know that some people who think of themselves as being poor are very resentful of the wealthy and use wealth gap data to support their argument. I'm not sure what these people are looking for. My friend wants a more prosperous business but resents people who already have some measure of the prosperity he appears to seek. I don't have much sense of where the wealthy are coming from as they don't seem to talk about this much (why would they?).

Here I think a small dose of Ayn Rand might fit in with some self-motivation to do for ourselves, to create our own opportunities, so to speak, to figure out and then build our own happiness. In conjunction with that sort of big picture vagueness are the usual practical things I talk about all the time which includes living below your means and saving as much as you can.

If more people spent time working on their own problems we'd have fewer problems. To whit babyboomers haven't saved any money for retirement (intentional hyperbole) and there seems to be some real doubt about the viability of the program (I expect zero payout when my time comes). If you have saved properly then you are more likely dealing with an inconvenience if social security plays out as a worst case scenario not a financial deathblow.

I'll finish this part of the post with a quote I've used before from our friend Bill here in Walker that I think pertains; you can figure it out now or you can figure it out later but if you can figure it out now your life will be much easier.

The first full day of the tournament was awesome including San Diego State's fist win in the tourney. They beat Northern Colorado despite a very impressive outing by UNC's Devon Beitzel. He was UNC's best player and he stepped up big time in that game; very impressive.

11 comments:

Anonymous said...

You do not understand. The masses do not have to figure this out right now. All they have to do is watch basketball :)

They will not figure it out later either they will just complain, blame the rich, and suffer the consequences of not figuring it out now.

Roger Nusbaum said...

your argument for not figuring it out now is very compelling

Anonymous said...

Is it just me or do others sense that liberals have a greater tendency to want control over other's lives, yet cannot manage their own.

Always the victim........

Anonymous Texan said...

The Facebook poster is free to choose his clients as he sees fit. If he can be selective & successful, good for him. No point for him to complain.

Anonymous said...

Why is it that we reward CEO's (capitalists) that decrease the number of jobs. The system is out of kilter. The CEO that creates jobs should be receiving bonuses.

Roger Nusbaum said...

it would appear that my friend cannot be selective in choosing clients

i think we reward CEOs who create more profit for shareholders. the best CEOs know when to cut jobs to achieve more profit and sometimes it means knowing when to add jobs.

Anonymous said...

Roger, I won't say you're wrong or naive about the "best" CEOs but having spent a great deal of time up close and personal with a number of CEOs I can tell you most cut jobs and do nefarious other things to enhance quarterly or year end numbers for the sole purpose of enhancing bonuses or stock option situations.

Roger Nusbaum said...

fair point

Anonymous said...

Fair point???????

Anonymous unsubstantiated attack on CEOs and capitalism and you respond fair point?

I have know several CEOs (that are not saints, but neither are the bureaucrats or politicians) that made great efforts to keep employees when permissions permitted in spite of losses etc.

Roger Nusbaum said...

there have plenty who've less than admirable

Anonymous said...

I must comment on the "best" CEOs. CEOs, like everyone else, work for their bosses; who are the owners/share holders of the company. Employees are important, also, but CEOs who fail to maximize profits and return to the share holders are soon ex-CEOs, as it should be. If that means reducing labor costs or increasing the number of employees, moving factories or operations overseas, moving the headquarters to a tax haven, etc., then so be it as long as the CEO is operating within the confines of what's legal. Being the CEO of a for-profit company is a job that requires hard-nosed decisions and actions; it is not that of welfare administrator for the employees or anyone else. America must be competitive on the world stage, and it is in many, but not all, aspects of business.

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