I’ve worked a variety of jobs, for a variety of employers, and even have some entrepreneurial experience as well. A few of my endeavors even involved working with some slightly shady characters, but I never worked with anyone of bad repute, just questionable repute. However, no matter whom I’ve worked with, irrespective of just how abnormal their nature, notoriety, or wealth could have been, I learned one lesson, a particular lesson, over, and over again.
‘The lesson,’ is the simplest lesson, and it’s the most basic of all of the business lessons that one can expect to learn, whether they work for themselves, or with anyone else. What’s, ‘the lesson,’ and why so mysterious? Well, in a nut shell it’s; “always keep the money straight.” The lesson might take the form of a command, “Teddy, always face your bills, and always be ready to drop your bank in the blink of an eye, and you’ll go far.” Or, instead, it might take the form of a question such as, “Does Gimble’s tell Macy’s?” Sometimes, ‘the lesson,’ can even be taken straight from the pages of history, or ripped from the headlines of local rag: "Nothing personal, it's just business."
I can draw a thousand rough sketches of, ‘the lesson,’ or even two thousand, but it’s not something that one can ever genuinely explain to someone else, it’s just something that a guy learns, or that he comes to realize is a part of his personal being, his ethic, even though it’s the most important lesson he can ever know, and yet, at the same time, it’s also the one thing about business that your average, ‘stinko pinko,’ and commie mommy will never fully grasp about business because it is the one lesson that violates everything they personally believe to be true about business and the business world.
This is where the lesson about, ‘the lesson,’ ends, because it’s really that simple and you either get it, you already had it, or you’re never gonna understand it no matter how hard you try: “keep the money straight.”
TL: My Dad as COO of a company made it a rule to, "Always keep the money straight." In other words, no accounting tricks. Keep it honest. The company went from $1/share to hundreds of dollars a share.
I’ve worked a variety of jobs, for a variety of employers, and even have some entrepreneurial experience as well. A few of my endeavors even involved working with some slightly shady characters, but I never worked with anyone of bad repute, just questionable repute. However, no matter whom I’ve worked with, irrespective of just how abnormal their nature, notoriety, or wealth could have been, I learned one lesson, a particular lesson, over, and over again.
‘The lesson,’ is the simplest lesson, and it’s the most basic of all of the business lessons that one can expect to learn, whether they work for themselves, or with anyone else. What’s, ‘the lesson,’ and why so mysterious? Well, in a nut shell it’s; “always keep the money straight.” The lesson might take the form of a command, “Teddy, always face your bills, and always be ready to drop your bank in the blink of an eye, and you’ll go far.” Or, instead, it might take the form of a question such as, “Does Gimble’s tell Macy’s?” Sometimes, ‘the lesson,’ can even be taken straight from the pages of history, or ripped from the headlines of local rag: "Nothing personal, it's just business."
I can draw a thousand rough sketches of, ‘the lesson,’ or even two thousand, but it’s not something that one can ever genuinely explain to someone else, it’s just something that a guy learns, or that he comes to realize is a part of his personal being, his ethic, even though it’s the most important lesson he can ever know, and yet, at the same time, it’s also the one thing about business that your average, ‘stinko pinko,’ and commie mommy will never fully grasp about business because it is the one lesson that violates everything they personally believe to be true about business and the business world.
This is where the lesson about, ‘the lesson,’ ends, because it’s really that simple and you either get it, you already had it, or you’re never gonna understand it no matter how hard you try: “keep the money straight.”
TL: My Dad as COO of a company made it a rule to, "Always keep the money straight." In other words, no accounting tricks. Keep it honest. The company went from $1/share to hundreds of dollars a share.
People like honesty.
Capital is good. Debt is bad.