Read more about the article The 4 Pillars of Long Term Success You Can’t Live Without
4 Pillars of Long Term Success

The 4 Pillars of Long Term Success You Can’t Live Without

4 Pillars of Long Term Success
4 Pillars of Long Term Success

These are the four pillars of any firm’s long-term success

“Lary, give this customer a call. We’ve just received an unauthorized return, and I want these shoes sent back.

“Funny how the green shoes don’t fit and the red ones fit perfectly.”

It wasn’t uncommon for the chairman of company North (you may remember him from the 2nd article in our Culture Series, How Are You Paving the Road to Superior Performance) to stop by my office with a message like this.

I realized later he was talking in code

His remarks were actually a code:

“The red shoes sold well but the green ones the customer bought aren’t selling … so now they’re claiming they don’t fit so they can return them. We’ve had no other such complaints. Tell them we won’t accept them and refuse them at the door if they come back.”

I made a note to contact the customer, figuring I’d call them after lunch when I would be more likely to catch them three time zones away.

No e-mail back then.

What the hell are you waiting for? Read the Full Article to see what he was expecting

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Flush the recession Kool-Aid! Create your own demand!

“Teach a parrot the terms ‘supply and demand’ and you’ve got an economist.”

~ Thomas Carlyle

A lady walked into a neighborhood market one day and spoke loudly over the counter to the head butcher.

“Your prices these days are atrocious, Sal. Joe’s Deli across the street is selling your $10 chuck roast for only $5!”

“I know, Mrs. Haggle. I saw the sign. The thing is . . . Joe doesn’t have any chuck roast.”

The law of supply and demand still rules

So, the law of supply and demand rears its head again, some days a beautiful vision, other days an ugly hag. We’re surrounded by her mystique everywhere we go. Traffic is tied up because there are more cars than highway space. Starbuck’s is backed up because people want coffee faster than it can be made. There are no paper clips in the supply room but there’s plenty of fruitcake left in the kitchen.

Even for tickets to a free concert?

Supply and demand drove markets long before economists appeared … and its jarring prevalence is unavoidable. One of my favorite examples is (more…)

Continue ReadingFlush the recession Kool-Aid! Create your own demand!