SlinkyMike
Honorary Master
- Joined
- Jan 23, 2006
- Messages
- 10,059
- Reaction score
- 5,133
I'm struggling to understand the logic here. Are you suggesting that Scott is lying about the liquidation to avoid consequences? How would a non-liquidation change the outcome in this situation?
I personally know of multiple businesses that operate the way I used to survive: paycheck to paycheck.
Some months are better, while others are worse. These businesses are constantly teetering on the brink of collapse, with the sheriff making regular visits. They are at the mercy of patient creditors who, for reasons known only to them, chose to extend a lifeline time and time again. From the outside, these businesses appeared successful, but in reality, they are one missed payment away from a padlock on the door or having their stock liquidated. Sheer luck and the inexplicable grace of a few key creditors is all that keeps the lights on.
I think the average businessman marches forward with the hopes that things will get better and will not dare to 'stop taking orders' when things start to look bad, as that would be seen as giving up!
This. You sir are a wordsmith. Great explanation.
Back when I was a young entrepreneur and attended a lot of entrepreneur networking mixers this was the general way of the small business. Not everyone has investors with deep pockets to float the business during these periods but you still need to eat and so do your small group of staff.
Yea please don't try to normalise this kak. I don't run my businesses like this and none of the successful businesses I work with do.
You now who does?
Bozos that none of us will do business with.
This whole lone wolf at the coal face of capitalism tough guy bollocks is played out. My tween daughter runs a business on Instagram, there's no excuse for running a Mickey fscking Mouse 'boer maak n plan' shop nowadays. None.
I see the attitudes above expressed with some frequency, often with tales of butthurt attached and it's pathetic. South Africans need to hold to a higher standard, not just complain all the time.
If you want to be the main-oke then run your damn shchit with some integrity and stop crying about your failings.