The Money Slant - Page 2

*How to succeed in business in the twenty-first century: Outsource as much as you can, to the point that the CEO makes over four-thousand times what the poor schlub doing the grunt work is paid. Ask the government for bailouts, and then make sure you have an excuse for not paying back all that you were loaned, by compensating the government with stock you know will never be worth the amount you borrowed. Concentrate your efforts to specific models or types of products as the future, even when you’ve suffered huge losses by betting on that model’s marketability, and your firm’s limited ability to make new models profitable (let alone work) before. Put all of your bets on unproven models, unproven technology and areas where your firm has limited experience and expertise, especially when your firm’s past experience with innovation is sketchy at best, and when your business has a track record of abandoning innovative thinkers. The American car culture is passing on. Read on to see why.

“That men do not learn much from the lessons of history is the most important of all the lessons of history.”- Aldous Huxley Keep Reading

*“Describe the culture here” is a question I like to ask in interviews. Like it or not, most of the places you work will have a culture. I was told once that I should try to fit into the culture where I worked, and my unstated response was that if nepotism and pilfering were the corporate culture, I would just as soon go elsewhere. Looking back upon it, I think that I was supposed to give credit to the solutions I devised to the group. The only problem with that scenario from my perspective was that when it came to the application of any solution, I was the one who would be working overtime, or coming in on my day off. It was strongly in my interest to solve the problems before they arose, if simply to keep from spending my life working overtime addressing problems created by other managers. Keep Reading

*The economy of 2018 is booming, according to any indicator you would choose to pick. One of the indicators of a booming economy is the volume of items sold. Most household or business items sold need to get to the household or business of destination, whether transported by the buyer, the seller or a third party. Every time the economy picks up, people buy more things.

While today’s economy has a lot of intangible products such as streaming or downloaded products, there are still a lot of material products being purchased. Material products, be they commodities or finished goods, have to be moved, and the vast majority of times, the material products are moved by a truck. The trucking companies have lots and lots of potential customers, all wanting the company to transport something for them. Every time this economic condition happens, the trucking companies cry out that they cannot get enough drivers.

There’s a national driver shortage, and has been one for a long time. As someone who has extensive experience in the trucking industry, I can safely tell you, there is no driver shortage. Sorry, the driver shortage is another urban legend, conspiracy theory, fake news, whatever description you wish to use to describe something that doesn’t really exist.  Keep Reading