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Old 01-04-2009, 12:14 PM   #5
Gary Smith
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Join Date: Jul 2007
Location: Greensboro, NC
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Default Re: Interesting Article

Quote:
Originally Posted by Alan Roehrich View Post
Bill,
The top is where it happens during growth, that's where the money goes. But when there's contraction or shrinkage, the bottom is where the difference is made up until it can no longer be made up.
That is the best written explanation of what I've tried to say, preach, pound, and scream to friends and family for the last few years, especially since the death of my father in 2007. I've endured more lies, false hope, deception, humiliation, and devistation than should be allowed by law. I will not go into details about our "family" business transactions but let's just say I've watched and heard just about every communicatable angle in an attempt to convince I lack better knowledge about business and success in the corporate world. There are some slight similarities in what's occuring in Glendora that is presently taking place in our business. Much of it relates to people who claim to "know the corporate world" and "to not bother with botton end details". My in-laws come from VERY large corporate environments where, my guess is, creative detailed thinking is discouraged. Maybe that works in a well financed conglomerate, but a surefire recipe for disaster in a small business. My biggest gripe (about my in-laws) is "they never see the train until it's 10 feet in front of them".
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