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Edit. Bad attempt for a smile.
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Originally Posted by hblair
(Post 4712295)
Call me crazy, but if you wait til you have the cash to buy new equipment it always works out. Financing equipment is a good way to hang yourself. I know it’s common but so are failing businesses. |
Originally Posted by SB
(Post 4712296)
So,
To make it all straight, buying a new Pantera with Arneson drives, hardware from Trick, props from Coastal, and to be delivered on a new Howard Trailer delivered by big chubby isn't a rational thing to do ? Some of the failed marine businesses mentioned are barely in the same decade as the others, so I'm not sure I follow. What is the point? |
Originally Posted by NASCAT
(Post 4712299)
Clearly w/ your vision you ONLY buy low and sell high!
Some of the failed marine businesses mentioned are barely in the same decade as the others, so I'm not sure I follow. What is the point? Edited post. Carry on. |
Originally Posted by NASCAT
(Post 4712297)
Valid point, so how do you apply this same philosophy to a business that's up and running but short on cash & needs to purchase materials & inventory in order to fill orders?
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SB- This thread probably could use something to take the edge off & lighten the tone, didn't mean to jump your chit. I just didn't follow.
hblair- In general we all have our own assumptions that a particular business is doing well but unless we are involved or know people that work there we really just have our own perception. Uber is a perfect example. I bet if you ask most if they noticed how much Uber has grown over the years & whether they think it's a successful business their response will be YES. Unfortunately it's actually loosing millions but keeps on trucking. Don't get me wrong, I've never owned my own business so I'm no authority on the topic but I also don't believe it's as cut and dry as we make it out to be. If owning a business was easy & resulted in guaranteed success we'd all have our own but no employees b/c there would be none to be found. Just one mans $.02. |
Originally Posted by NASCAT
(Post 4712304)
SB- This thread probably could use something to take the edge off & lighten the tone, didn't mean to jump your chit. I just didn't follow.
hblair- In general we all have our own assumptions that a particular business is doing well but unless we are involved or know people that work there we really just have our own perception. Uber is a perfect example. I bet if you ask most if they noticed how much Uber has grown over the years & whether they think it's a successful business their response will be YES. Unfortunately it's actually loosing millions but keeps on trucking. Don't get me wrong, I've never owned my own business so I'm no authority on the topic but I also don't believe it's as cut and dry as we make it out to be. If owning a business was easy & resulted in guaranteed success we'd all have our own but no employees b/c there would be none to be found. Just one mans $.02. |
Originally Posted by Marginmn
(Post 4712316)
Well I have to disagree with you here NASCAT on one point. Uber isn't losing millions of dollars - they are losing Billions, about a Billion a quarter now. :)
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Originally Posted by payuppsucker
(Post 4712318)
I hope they don't fold up until after Key West.........
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Originally Posted by Marginmn
(Post 4712316)
Well I have to disagree with you here NASCAT on one point. Uber isn't losing millions of dollars - they are losing Billions, about a Billion a quarter now. :)
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