Current TImes

I have been thinking about this for a while. Not sure why but I have. The economic times we are in right now seem pretty dire. Jobless rate are up, value of the dollar is questionable, and suddenly everyone is looking for a new way to do business. Why is that?
I believe in part the new business models are created because alto of business people got caught with both hands in the cookie jar. In other words they were being really greedy. Greed makes people do stupid things. Why is it that whena company goes public common sense flies out the window? What the board of directors thinks becomes more important than “good” business practice or even outright honesty. I don’t get it! The people running these businesses are supposed to be very intelligent. So when intelect prevails does common sense lose? It appears that way. Or at the very least the people are protecting thier position as opposed to doing thier fiduciary responsibility.
Is cash really king? I had a friend forward an article where ther is somone saying that you can be profiable for long period of time with negative cashflow. I don’t get it! Whay would you even consider something like this. It’s almost like committing suicide. “the easy way to not have to face the problems you created”. It’s like the saying….”if you do not learn from history you are destined to repeat it”. Our grandparents faught thier way back to economic prosperity through hard work. Thier desire for our parents was for them to not have to work so hard so then a college education became the standard. We then became “sooo” smart that we could learn nothing from our uneducated parents. Then as we entered college an ”MBA” was the thing. “the next step in the evolution”. Once again we thought we had nothing to learn from our parents. Do you see where I am going with this? Once again, in order to rebuild our economy we must roll up our sleeves like our grandparents, set a course for where we want to go and work towards it.
Hard work never killed anyone! like the saying goes if it does not kill you it makes you stronger. Sometimes ther is just no easy way

My company:
www.theromgroup.com
My linkedin profile:
http://www.linkedin.com/in/autenjim