Home |
Search |
Today's Posts |
|
#1
![]()
posted to rec.boats
|
|||
|
|||
![]() |
#2
![]()
posted to rec.boats
|
|||
|
|||
![]()
Mr. Luddite
- show quoted text - Very doubtful. But, every time I engage in a debate about Trump with Mrs.E. (who is a Trumpster through and through), she reminds me that his negotiating style is similar to what I used to do sometimes. I earned a reputation as being fair and honest (that's what people tell me anyway) but I always had the philosophy that you should never, ever let anyone ... be it a customer, a potential customer, a vendor or even an employee hold a gun to your head. Better to walk away than to cave, even if it is to your disadvantage (which is usually short-term). .......... My uncle had a large sawing operation, in which made him a millionaire. Two things he told me was to “treat everyone as a king but never kiss an ass” The other was “some of the best business you can do with someone is no business at all....” Pretty wise man. |
#3
![]()
posted to rec.boats
|
|||
|
|||
![]()
On 5/27/2018 9:33 PM, Tim wrote:
Mr. Luddite - show quoted text - Very doubtful. But, every time I engage in a debate about Trump with Mrs.E. (who is a Trumpster through and through), she reminds me that his negotiating style is similar to what I used to do sometimes. I earned a reputation as being fair and honest (that's what people tell me anyway) but I always had the philosophy that you should never, ever let anyone ... be it a customer, a potential customer, a vendor or even an employee hold a gun to your head. Better to walk away than to cave, even if it is to your disadvantage (which is usually short-term). ......... My uncle had a large sawing operation, in which made him a millionaire. Two things he told me was to “treat everyone as a king but never kiss an ass” The other was “some of the best business you can do with someone is no business at all....” Pretty wise man. I'd say so. It's probably an idealistic concept but if you strive for a business relationship or contract in which both sides are "winners", it usually works out pretty well. I saw a major shift in the business philosophies over the years I was in business as more MBA types became involved in contract negotiations. We won the contracts due to decisions made by engineering and technical types but when it came to nailing down terms and conditions the MBA's took over and they were tough to deal with if you subscribed to the old fashioned idea of being good for both parties. They wanted to screw you and your company to the wall which really didn't benefit the customer in the long run. It got to the point on a few occasions when I simply said, "Can't accept your terms, sorry". When that happened the technical group would come to the rescue and get the MBA types to ease up. One of the big issues was payment terms. We received progress payments based on the achievement of critical milestones in the project that typically ran for 8 months to a year or more. The old standard (common everywhere) was that invoices were due net 30 days. I financed most of these projects using the customer's payments, so it was important to achieve the milestone and equally important to get paid on time. The MBA types started demanding net 60, net 90 and even net 120 day payment terms. Couldn't accept that. |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
Flip Flop | General | |||
Flip Flop Express | ASA | |||
Flip flop of the hour | ASA | |||
Rummys flip flop. | ASA | |||
( OT ) FLip Flop on within hours | General |