Home › Forums › Financial Markets/Economics › Sick of it All
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March 26, 2009 at 3:59 PM #374037March 26, 2009 at 4:03 PM #373426kewpParticipant
Best business advice there is…
“Don’t be afraid to fire your customers”.
Recessions are good. They are the fire the burns off free market excess.
March 26, 2009 at 4:03 PM #373708kewpParticipantBest business advice there is…
“Don’t be afraid to fire your customers”.
Recessions are good. They are the fire the burns off free market excess.
March 26, 2009 at 4:03 PM #373880kewpParticipantBest business advice there is…
“Don’t be afraid to fire your customers”.
Recessions are good. They are the fire the burns off free market excess.
March 26, 2009 at 4:03 PM #373924kewpParticipantBest business advice there is…
“Don’t be afraid to fire your customers”.
Recessions are good. They are the fire the burns off free market excess.
March 26, 2009 at 4:03 PM #374042kewpParticipantBest business advice there is…
“Don’t be afraid to fire your customers”.
Recessions are good. They are the fire the burns off free market excess.
March 26, 2009 at 4:22 PM #373436TheBreezeParticipant[quote=madmoney]
Everyone is looking for a damn bailout! Thank you U.S. Government. Sure I could have told the customer to kiss my ass but with a small business that is trying to survive and having shed several customers already I would rather have a customer at $275/month than a customer at $0/month. Of course at some point I wouldn’t have done it, say anything below $250, but regardless I’m starting to hate this process. This is just one example, I could go on. When is this going to end? Is it ever going to end?[/quote]
You are confused. Your customers aren’t looking for a bailout. They are merely negotiating a reasonable price with you based on market forces and other factors. This is actually the free market at work and is quite the opposite of a bailout.
Edit:For future reference, bailouts always involve the money of a non-involved third party. Here, it’s just you and your customers. Since there is no money from an uninvolved third-party (e.g., taxpayer) at risk, the scenario you describe in no way resembles a bailout.
March 26, 2009 at 4:22 PM #373718TheBreezeParticipant[quote=madmoney]
Everyone is looking for a damn bailout! Thank you U.S. Government. Sure I could have told the customer to kiss my ass but with a small business that is trying to survive and having shed several customers already I would rather have a customer at $275/month than a customer at $0/month. Of course at some point I wouldn’t have done it, say anything below $250, but regardless I’m starting to hate this process. This is just one example, I could go on. When is this going to end? Is it ever going to end?[/quote]
You are confused. Your customers aren’t looking for a bailout. They are merely negotiating a reasonable price with you based on market forces and other factors. This is actually the free market at work and is quite the opposite of a bailout.
Edit:For future reference, bailouts always involve the money of a non-involved third party. Here, it’s just you and your customers. Since there is no money from an uninvolved third-party (e.g., taxpayer) at risk, the scenario you describe in no way resembles a bailout.
March 26, 2009 at 4:22 PM #373890TheBreezeParticipant[quote=madmoney]
Everyone is looking for a damn bailout! Thank you U.S. Government. Sure I could have told the customer to kiss my ass but with a small business that is trying to survive and having shed several customers already I would rather have a customer at $275/month than a customer at $0/month. Of course at some point I wouldn’t have done it, say anything below $250, but regardless I’m starting to hate this process. This is just one example, I could go on. When is this going to end? Is it ever going to end?[/quote]
You are confused. Your customers aren’t looking for a bailout. They are merely negotiating a reasonable price with you based on market forces and other factors. This is actually the free market at work and is quite the opposite of a bailout.
Edit:For future reference, bailouts always involve the money of a non-involved third party. Here, it’s just you and your customers. Since there is no money from an uninvolved third-party (e.g., taxpayer) at risk, the scenario you describe in no way resembles a bailout.
March 26, 2009 at 4:22 PM #373934TheBreezeParticipant[quote=madmoney]
Everyone is looking for a damn bailout! Thank you U.S. Government. Sure I could have told the customer to kiss my ass but with a small business that is trying to survive and having shed several customers already I would rather have a customer at $275/month than a customer at $0/month. Of course at some point I wouldn’t have done it, say anything below $250, but regardless I’m starting to hate this process. This is just one example, I could go on. When is this going to end? Is it ever going to end?[/quote]
You are confused. Your customers aren’t looking for a bailout. They are merely negotiating a reasonable price with you based on market forces and other factors. This is actually the free market at work and is quite the opposite of a bailout.
Edit:For future reference, bailouts always involve the money of a non-involved third party. Here, it’s just you and your customers. Since there is no money from an uninvolved third-party (e.g., taxpayer) at risk, the scenario you describe in no way resembles a bailout.
March 26, 2009 at 4:22 PM #374052TheBreezeParticipant[quote=madmoney]
Everyone is looking for a damn bailout! Thank you U.S. Government. Sure I could have told the customer to kiss my ass but with a small business that is trying to survive and having shed several customers already I would rather have a customer at $275/month than a customer at $0/month. Of course at some point I wouldn’t have done it, say anything below $250, but regardless I’m starting to hate this process. This is just one example, I could go on. When is this going to end? Is it ever going to end?[/quote]
You are confused. Your customers aren’t looking for a bailout. They are merely negotiating a reasonable price with you based on market forces and other factors. This is actually the free market at work and is quite the opposite of a bailout.
Edit:For future reference, bailouts always involve the money of a non-involved third party. Here, it’s just you and your customers. Since there is no money from an uninvolved third-party (e.g., taxpayer) at risk, the scenario you describe in no way resembles a bailout.
March 26, 2009 at 4:33 PM #373461madmoneyParticipantBreeze,
You might have pulled out Websters definition of a bailout, which I am not disagreeing with. However Bailout/Renegotiation in a customers mindset it is all the same. The whole bailout phenomenon is helping people in that thought process of requesting and getting financial relief whether that be through a renegotiation or not. While it is not the textbook definition, the government bailing out everyone helps feed the mantra in individuals minds and they look at it all in the same.
March 26, 2009 at 4:33 PM #373743madmoneyParticipantBreeze,
You might have pulled out Websters definition of a bailout, which I am not disagreeing with. However Bailout/Renegotiation in a customers mindset it is all the same. The whole bailout phenomenon is helping people in that thought process of requesting and getting financial relief whether that be through a renegotiation or not. While it is not the textbook definition, the government bailing out everyone helps feed the mantra in individuals minds and they look at it all in the same.
March 26, 2009 at 4:33 PM #373915madmoneyParticipantBreeze,
You might have pulled out Websters definition of a bailout, which I am not disagreeing with. However Bailout/Renegotiation in a customers mindset it is all the same. The whole bailout phenomenon is helping people in that thought process of requesting and getting financial relief whether that be through a renegotiation or not. While it is not the textbook definition, the government bailing out everyone helps feed the mantra in individuals minds and they look at it all in the same.
March 26, 2009 at 4:33 PM #373959madmoneyParticipantBreeze,
You might have pulled out Websters definition of a bailout, which I am not disagreeing with. However Bailout/Renegotiation in a customers mindset it is all the same. The whole bailout phenomenon is helping people in that thought process of requesting and getting financial relief whether that be through a renegotiation or not. While it is not the textbook definition, the government bailing out everyone helps feed the mantra in individuals minds and they look at it all in the same.
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