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#1
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Thank you for the advise Steve. but I don't drive trucks (don't know how)
Before trucking I was involved in 4 different types of business's, all in the service sector. On the first one I got shut down by a major competiror who dumped the price of the service bellow my cost, I ended up loosing 15 thousand customers across the states and in less than a month almost went bankrupt, as the customers left me with an outstanding receivable of close to half a mil. So after I paid off all the creditors I had left less than 100 g's and invested in 2 different ventures (service as well), but they did not take off, so I ended up selling them in the market for what I paid for (my only profit was that I bought 2 houses and kept the mortgage payments current for those years. Then with that money I ventured in trucking (BIG MISTAKE). So I think maybe service is not the place to be, maybe I should try manufacturing (but what?), see I have the trucks to deliver the product, plus I have access to thousands of truckers as well, to whom I don't need to pay for 30 days if I hire them for transporting. Maybe I should get into buying and selling some products (but what?)... My problem is that I have no time to do research during the day...my cell phone bill comes in a book (30 pages), I spend hours a day on the phone closing deals (arranging transportation). Most of the people that I deal with are brokers or farmers or truckers...and all they know is this, what they do, as they have been doing it for years...not me man, I'm getting fed up. Today I got lost in the city and drove into an upscale neighborhood....the houses were like in the movies, I did not even knew that in my city there are houses like that. So, why is that if I work as hard as I do, I can't afford a place like that? "stevej" wrote in message ... I always thought that if you wanted to make money you had to have money. If you have to borrow the money, then that decreases your chances of |
#2
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The new guy wrote:
Thank you for the advise Steve. but I don't drive trucks (don't know how) Before trucking I was involved in 4 different types of business's, all in the service sector. On the first one I got shut down by a major competiror who dumped the price of the service bellow my cost, I ended up loosing 15 thousand customers across the states and in less than a month almost went bankrupt, as the customers left me with an outstanding receivable of close to half a mil. So after I paid off all the creditors I had left less than 100 g's and invested in 2 different ventures (service as well), but they did not take off, so I ended up selling them in the market for what I paid for (my only profit was that I bought 2 houses and kept the mortgage payments current for those years. Then with that money I ventured in trucking (BIG MISTAKE). So I think maybe service is not the place to be, maybe I should try manufacturing (but what?), see I have the trucks to deliver the product, plus I have access to thousands of truckers as well, to whom I don't need to pay for 30 days if I hire them for transporting. Maybe I should get into buying and selling some products (but what?)... My problem is that I have no time to do research during the day...my cell phone bill comes in a book (30 pages), I spend hours a day on the phone closing deals (arranging transportation). Most of the people that I deal with are brokers or farmers or truckers...and all they know is this, what they do, as they have been doing it for years...not me man, I'm getting fed up. Today I got lost in the city and drove into an upscale neighborhood....the houses were like in the movies, I did not even knew that in my city there are houses like that. So, why is that if I work as hard as I do, I can't afford a place like that? "stevej" wrote in message ... I always thought that if you wanted to make money you had to have money. If you have to borrow the money, then that decreases your chances of Bad judgment? -- An amateur built the ark ....professionals built the Titanic. |
#3
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![]() Buying/selling: This means "channel partner" or "distributor". Better off doing localized warehousing. As competitive pressures increase, you'll see "channel partners" bite the dust and companies going to direct sales as much as they can. Retail outlets will need to skip the middle man and deal more with the supplier companies directly. It's a trend, not a rule. There will always be exceptions. Another trend that the US-effing government doesn't tell you about is how they give big corps tax breaks for locating operations overseas: development, manufacturing, distribution. Mainly, that means China. Companies such as the one I work for (I won't divulge) don't even begin to think about it ...all things go directly overseas. All the reasons that used to be used to argue against such action are gone with the wind, dismissed with a wave of the hand and a statement that "*This* product is very cost sensitive. We have no choice." So when have products NOT been "cost sensitive"? Have you ever met someone who said "Gee, it's OK if I make lower net margin on our product!" Risk mitigation is a thing of the past, except possibly the use of a little geographical diversification now and then...quickly dropped if you can't find an outfit to do what you want, at lightning speed, and at minimum cost ...can you say "Asia is the choice"? Except for software ...that's India. Manufacturing is also becoming "east Europe", places like Hungary. They can make homemade leather shoes, whack a donkey with a stick to lead a wagon, and manufacture computers. What *must* remain in the US (as *ssh*les pull the rug out from under our gross national product, in the name of "favored trade partners" and "world trade"), is warehousing and distribution of 'American' and other products that are produced overseas, but needed here. The balance of labor will lean towards small and medium sized companies rather than towards large blue-chip companies, primarily because these outfits can't afford to move overseas. The US and parts of Europe will remain the primary innovation centers, and that's good ...the rest of the world has at best become good at copying and refining, but never at innovating or invention. Don't believe me? Do your own research and check it against my notes above. Let me know if I'm wrong...I'd love to be. But as a professionals, my wife and I are worried. We are paying off our house ASAP and operating on a cash-only basis ...zero debt within 5 years. If we do that, we can live on only 50% of our current income level, or even less if we adjust our lifestyle. This may become necessary as various transitions and movement of gross product moves overseas (thanks to you-know-whats like Bill Clinton and George Bush ...yes, it's a nonpartisan effort to undermine the US economy, one piece at a time ...Clinton, for one-world government, and Bush, for relations with other nations ...the old form of America is gone and world economy is with us, along with the downsized opportunities and incomes associated with operating with a larger resource pool.) The changes that have occurred in this country since when my career started are startling and scary. We'll play our cards right and do OK. Even if I'm completely wrong (hopefully am), then at worst, our plan will just make life more flexible and easier. Brian "The new guy" wrote in message .cable.rogers.com... Thank you for the advise Steve. but I don't drive trucks (don't know how) Before trucking I was involved in 4 different types of business's, all in the service sector. On the first one I got shut down by a major competiror who dumped the price of the service bellow my cost, I ended up loosing 15 thousand customers across the states and in less than a month almost went bankrupt, as the customers left me with an outstanding receivable of close to half a mil. So after I paid off all the creditors I had left less than 100 g's and invested in 2 different ventures (service as well), but they did not take off, so I ended up selling them in the market for what I paid for (my only profit was that I bought 2 houses and kept the mortgage payments current for those years. Then with that money I ventured in trucking (BIG MISTAKE). So I think maybe service is not the place to be, maybe I should try manufacturing (but what?), see I have the trucks to deliver the product, plus I have access to thousands of truckers as well, to whom I don't need to pay for 30 days if I hire them for transporting. Maybe I should get into buying and selling some products (but what?)... My problem is that I have no time to do research during the day...my cell phone bill comes in a book (30 pages), I spend hours a day on the phone closing deals (arranging transportation). Most of the people that I deal with are brokers or farmers or truckers...and all they know is this, what they do, as they have been doing it for years...not me man, I'm getting fed up. Today I got lost in the city and drove into an upscale neighborhood....the houses were like in the movies, I did not even knew that in my city there are houses like that. So, why is that if I work as hard as I do, I can't afford a place like that? "stevej" wrote in message ... I always thought that if you wanted to make money you had to have money. If you have to borrow the money, then that decreases your chances of |
#4
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Brian D wrote:
Buying/selling: This means "channel partner" or "distributor". Better off doing localized warehousing. As competitive pressures increase, you'll see "channel partners" bite the dust and companies going to direct sales as much as they can. Retail outlets will need to skip the middle man and deal more with the supplier companies directly. It's a trend, not a rule. There will always be exceptions. Another trend that the US-effing government doesn't tell you about is how they give big corps tax breaks for locating operations overseas: development, manufacturing, distribution. Mainly, that means China. Companies such as the one I work for (I won't divulge) don't even begin to think about it ...all things go directly overseas. All the reasons that used to be used to argue against such action are gone with the wind, dismissed with a wave of the hand and a statement that "*This* product is very cost sensitive. We have no choice." So when have products NOT been "cost sensitive"? Have you ever met someone who said "Gee, it's OK if I make lower net margin on our product!" Risk mitigation is a thing of the past, except possibly the use of a little geographical diversification now and then...quickly dropped if you can't find an outfit to do what you want, at lightning speed, and at minimum cost ...can you say "Asia is the choice"? Except for software ...that's India. Manufacturing is also becoming "east Europe", places like Hungary. They can make homemade leather shoes, whack a donkey with a stick to lead a wagon, and manufacture computers. What *must* remain in the US (as *ssh*les pull the rug out from under our gross national product, in the name of "favored trade partners" and "world trade"), is warehousing and distribution of 'American' and other products that are produced overseas, but needed here. The balance of labor will lean towards small and medium sized companies rather than towards large blue-chip companies, primarily because these outfits can't afford to move overseas. The US and parts of Europe will remain the primary innovation centers, and that's good ...the rest of the world has at best become good at copying and refining, but never at innovating or invention. Don't believe me? Do your own research and check it against my notes above. Let me know if I'm wrong...I'd love to be. But as a professionals, my wife and I are worried. We are paying off our house ASAP and operating on a cash-only basis ...zero debt within 5 years. If we do that, we can live on only 50% of our current income level, or even less if we adjust our lifestyle. This may become necessary as various transitions and movement of gross product moves overseas (thanks to you-know-whats like Bill Clinton and George Bush ...yes, it's a nonpartisan effort to undermine the US economy, one piece at a time ...Clinton, for one-world government, and Bush, for relations with other nations ...the old form of America is gone and world economy is with us, along with the downsized opportunities and incomes associated with operating with a larger resource pool.) The changes that have occurred in this country since when my career started are startling and scary. We'll play our cards right and do OK. Even if I'm completely wrong (hopefully am), then at worst, our plan will just make life more flexible and easier. Brian Thank God there's someone else out there that has noticed what is going on around the world, I'm not alone. Now there are two of us. By the way, unfortunately, you're not wrong. Donald -- I'm building a Steel Robert's 434. You can sneak a peek if you wish by clicking on me link below. http://bellsouthpwp.net/d/o/donrayp/ 'USA, Home of the best politicians money can buy' |
#5
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Then there's the dry food to stock up on - the bottled water - the
radiation detectors. Oh: that was the Y2K scare wasn't it? :-) Brian W On Thu, 13 Nov 2003 12:28:49 -0600, Donald Phillips wrote: Brian D wrote: Buying/selling: This means "channel partner" or "distributor". Better off doing localized warehousing. As competitive pressures increase, you'll see "channel partners" bite the dust and companies going to direct sales as much as they can. Retail outlets will need to skip the middle man and deal more with the supplier companies directly. It's a trend, not a rule. There will always be exceptions. Another trend that the US-effing government doesn't tell you about is how they give big corps tax breaks for locating operations overseas: development, manufacturing, distribution. Mainly, that means China. Companies such as the one I work for (I won't divulge) don't even begin to think about it ...all things go directly overseas. All the reasons that used to be used to argue against such action are gone with the wind, dismissed with a wave of the hand and a statement that "*This* product is very cost sensitive. We have no choice." So when have products NOT been "cost sensitive"? Have you ever met someone who said "Gee, it's OK if I make lower net margin on our product!" Risk mitigation is a thing of the past, except possibly the use of a little geographical diversification now and then...quickly dropped if you can't find an outfit to do what you want, at lightning speed, and at minimum cost ...can you say "Asia is the choice"? Except for software ...that's India. Manufacturing is also becoming "east Europe", places like Hungary. They can make homemade leather shoes, whack a donkey with a stick to lead a wagon, and manufacture computers. What *must* remain in the US (as *ssh*les pull the rug out from under our gross national product, in the name of "favored trade partners" and "world trade"), is warehousing and distribution of 'American' and other products that are produced overseas, but needed here. The balance of labor will lean towards small and medium sized companies rather than towards large blue-chip companies, primarily because these outfits can't afford to move overseas. The US and parts of Europe will remain the primary innovation centers, and that's good ...the rest of the world has at best become good at copying and refining, but never at innovating or invention. Don't believe me? Do your own research and check it against my notes above. Let me know if I'm wrong...I'd love to be. But as a professionals, my wife and I are worried. We are paying off our house ASAP and operating on a cash-only basis ...zero debt within 5 years. If we do that, we can live on only 50% of our current income level, or even less if we adjust our lifestyle. This may become necessary as various transitions and movement of gross product moves overseas (thanks to you-know-whats like Bill Clinton and George Bush ...yes, it's a nonpartisan effort to undermine the US economy, one piece at a time ...Clinton, for one-world government, and Bush, for relations with other nations ...the old form of America is gone and world economy is with us, along with the downsized opportunities and incomes associated with operating with a larger resource pool.) The changes that have occurred in this country since when my career started are startling and scary. We'll play our cards right and do OK. Even if I'm completely wrong (hopefully am), then at worst, our plan will just make life more flexible and easier. Brian Thank God there's someone else out there that has noticed what is going on around the world, I'm not alone. Now there are two of us. By the way, unfortunately, you're not wrong. Donald |
#6
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![]() Oh yeah, and the 200' deep anti-nuke bomb shelter!! Wasn't there a movie about that? Some family came out from underground after being there long enough for radiation to subside ...they came out right in the middle of downtown (bums, hookers, etc. on the outside). Can't remember what movie that was, but it was funny... Brian -- My boat project: http://www.advantagecomposites.com/tongass "Brian Whatcott" wrote in message ... Then there's the dry food to stock up on - the bottled water - the radiation detectors. Oh: that was the Y2K scare wasn't it? :-) Brian W On Thu, 13 Nov 2003 12:28:49 -0600, Donald Phillips wrote: Brian D wrote: Buying/selling: This means "channel partner" or "distributor". Better off doing localized warehousing. As competitive pressures increase, you'll see "channel partners" bite the dust and companies going to direct sales as much as they can. Retail outlets will need to skip the middle man and deal more with the supplier companies directly. It's a trend, not a rule. There will always be exceptions. Another trend that the US-effing government doesn't tell you about is how they give big corps tax breaks for locating operations overseas: development, manufacturing, distribution. Mainly, that means China. Companies such as the one I work for (I won't divulge) don't even begin to think about it ...all things go directly overseas. All the reasons that used to be used to argue against such action are gone with the wind, dismissed with a wave of the hand and a statement that "*This* product is very cost sensitive. We have no choice." So when have products NOT been "cost sensitive"? Have you ever met someone who said "Gee, it's OK if I make lower net margin on our product!" Risk mitigation is a thing of the past, except possibly the use of a little geographical diversification now and then...quickly dropped if you can't find an outfit to do what you want, at lightning speed, and at minimum cost ...can you say "Asia is the choice"? Except for software ...that's India. Manufacturing is also becoming "east Europe", places like Hungary. They can make homemade leather shoes, whack a donkey with a stick to lead a wagon, and manufacture computers. What *must* remain in the US (as *ssh*les pull the rug out from under our gross national product, in the name of "favored trade partners" and "world trade"), is warehousing and distribution of 'American' and other products that are produced overseas, but needed here. The balance of labor will lean towards small and medium sized companies rather than towards large blue-chip companies, primarily because these outfits can't afford to move overseas. The US and parts of Europe will remain the primary innovation centers, and that's good ...the rest of the world has at best become good at copying and refining, but never at innovating or invention. Don't believe me? Do your own research and check it against my notes above. Let me know if I'm wrong...I'd love to be. But as a professionals, my wife and I are worried. We are paying off our house ASAP and operating on a cash-only basis ...zero debt within 5 years. If we do that, we can live on only 50% of our current income level, or even less if we adjust our lifestyle. This may become necessary as various transitions and movement of gross product moves overseas (thanks to you-know-whats like Bill Clinton and George Bush ...yes, it's a nonpartisan effort to undermine the US economy, one piece at a time ...Clinton, for one-world government, and Bush, for relations with other nations ...the old form of America is gone and world economy is with us, along with the downsized opportunities and incomes associated with operating with a larger resource pool.) The changes that have occurred in this country since when my career started are startling and scary. We'll play our cards right and do OK. Even if I'm completely wrong (hopefully am), then at worst, our plan will just make life more flexible and easier. Brian Thank God there's someone else out there that has noticed what is going on around the world, I'm not alone. Now there are two of us. By the way, unfortunately, you're not wrong. Donald |
#7
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![]() It's hard to talk about this stuff ...feels like I'm being a huge pessimist. In the past, you'd hear about these things now and then, but it's become a universal story (I mean _everybody I know_), both here in the US, in Europe, and in Taiwan. China must be doing a helluva job bending over backwards to attract business...wonder how many missiles they'll build with their newfound wealth? In the past, they haven't been so ultra-concerned with developing economic wealth so quickly ...what turned the switch on? Notice the recent tensions between China and Taiwan ...and how China is trying to be a 'big man on the block' and coordinating discussions between the US, Taiwan, Japan, and Korea ...about N. Korea. Since when did *they* come and tell *us* who we'd be negotiating with? Will the rest of the world start hating China for being imperialistic now (rather than the US)? The world is changing my friends ...glad I like Chinese food ![]() Brian "Donald Phillips" wrote in message ... Brian D wrote: Buying/selling: This means "channel partner" or "distributor". Better off doing localized warehousing. As competitive pressures increase, you'll see "channel partners" bite the dust and companies going to direct sales as much as they can. Retail outlets will need to skip the middle man and deal more with the supplier companies directly. It's a trend, not a rule. There will always be exceptions. Another trend that the US-effing government doesn't tell you about is how they give big corps tax breaks for locating operations overseas: development, manufacturing, distribution. Mainly, that means China. Companies such as the one I work for (I won't divulge) don't even begin to think about it ...all things go directly overseas. All the reasons that used to be used to argue against such action are gone with the wind, dismissed with a wave of the hand and a statement that "*This* product is very cost sensitive. We have no choice." So when have products NOT been "cost sensitive"? Have you ever met someone who said "Gee, it's OK if I make lower net margin on our product!" Risk mitigation is a thing of the past, except possibly the use of a little geographical diversification now and then...quickly dropped if you can't find an outfit to do what you want, at lightning speed, and at minimum cost ...can you say "Asia is the choice"? Except for software ...that's India. Manufacturing is also becoming "east Europe", places like Hungary. They can make homemade leather shoes, whack a donkey with a stick to lead a wagon, and manufacture computers. What *must* remain in the US (as *ssh*les pull the rug out from under our gross national product, in the name of "favored trade partners" and "world trade"), is warehousing and distribution of 'American' and other products that are produced overseas, but needed here. The balance of labor will lean towards small and medium sized companies rather than towards large blue-chip companies, primarily because these outfits can't afford to move overseas. The US and parts of Europe will remain the primary innovation centers, and that's good ...the rest of the world has at best become good at copying and refining, but never at innovating or invention. Don't believe me? Do your own research and check it against my notes above. Let me know if I'm wrong...I'd love to be. But as a professionals, my wife and I are worried. We are paying off our house ASAP and operating on a cash-only basis ...zero debt within 5 years. If we do that, we can live on only 50% of our current income level, or even less if we adjust our lifestyle. This may become necessary as various transitions and movement of gross product moves overseas (thanks to you-know-whats like Bill Clinton and George Bush ...yes, it's a nonpartisan effort to undermine the US economy, one piece at a time ...Clinton, for one-world government, and Bush, for relations with other nations ...the old form of America is gone and world economy is with us, along with the downsized opportunities and incomes associated with operating with a larger resource pool.) The changes that have occurred in this country since when my career started are startling and scary. We'll play our cards right and do OK. Even if I'm completely wrong (hopefully am), then at worst, our plan will just make life more flexible and easier. Brian Thank God there's someone else out there that has noticed what is going on around the world, I'm not alone. Now there are two of us. By the way, unfortunately, you're not wrong. Donald -- I'm building a Steel Robert's 434. You can sneak a peek if you wish by clicking on me link below. http://bellsouthpwp.net/d/o/donrayp/ 'USA, Home of the best politicians money can buy' |
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