Some business models make no sense to me

Comment by Victoria Smith on January 15, 2012 at 5:19pm

Some business know how to make money without adding new programs. They have a defined business model that is working and delivering the profit they expect.  In that case they don't want to change up a bunch of things and take risk. Or they could just be that they are bad listeners and could be missing a good opportunity.

Comment by Allison Elizabeth on January 15, 2012 at 5:43pm

Also...Never underestimate the power of prejudice and ignorance.

Comment by Roxanne Croft-Barreto on January 15, 2012 at 10:38pm

Victoria....  1 thing I learned from business is that it is never staying the same....  it is either growing or contracting, profiting or losing money, moving forward or losing ground....   

Comment by Sarah Anne Vestal on January 15, 2012 at 11:40pm

Management is telling you that they are neither progressive nor interested in the future.  Jump ship to a competitor!

Comment by Victoria Smith on January 16, 2012 at 11:00am

True nothing is ever perfectly static.  But some business owners have a remarkable ability to generate profit for themselves for their entire career while appearing to be close minded to everyone around them.  It's just the reality of having a product or service people want and being able to provide it.  And of course many of them fail too.  You were just asking WHY and I gave my best estimate of why.  Of course, I have no idea in this particular case what any of the actual merits are.

Comment by Victoria Smith on January 16, 2012 at 11:24am

Yes it does float sometimes :)   Some people are just good at making money just like some are good at fishing and nothing else.  It is often the most annoying and apparently most closed minded people who make the most money. They do it because they stay focused on profit and minimize all other distractions. Many of them fail but shocking numbers of them succeed because they stay focused and keep attuned to what is happening closest to their businesses.  This is particularly true in services business that don't appear very complicated but tend to generate a lot of competition. There is a lot to know about how to structure deals, compensation, etc and it takes years of experience in that particular business to have a holistic handle on all of it. Hence some success begets more success because you build a body of specific knowledge that that takes time for new competition to overcome.

Comment by Nicole Aime on January 16, 2012 at 8:24pm

As Groucho said, "Whatever it is - I disagree!"

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