Straight Talk About Crooked Business

.....Here's The Point!

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....Here’s the Point

Daily Deceptive Acts and Business Advice

1. Glad handing

Beware of phony compliments showered upon you by those seeking something from you.  Compliments like that are suspicious at best.  And as much as you may want to believe them, don’t!.  Sticks and stones may break your bones but glad handing will break your wallet.


2
. A team is a group striving to achieve a common goal, with each member seeking special recognition for themselves.  Many members of a group claim to be the driving force or major contributor behind a successful effort.  No one seeks responsibility for a failure.

  • Group harmony is more a show for public relations than a reality.

3. Relying on the loyalty of your employer often means putting your job at risk. When it is your needs vs. their needs, it will be their needs.  When push comes to shove, if you are not on the side they want you to be on, they may shove you.  


4.
A person working for a company is not simply an employee working for a salary. That person is a specialist selling their services to one client at a time.  The company with the best offer should receive that service.

  • Companies seek the best service at the best price, whether it is service from you or someone other than you.

5. Reminiscing that employer loyalty to its employees is languishing in the dust bin of history is a waste of time.  If you go back into that dust bin you will see very little evidence of true employer loyalty, ever.

  • Employers feel it is incumbent upon an employee to be loyal to them.  Employers do not seem to feel the same in reverse.

6. Many an employer will say to a new, mostly young applicant, that even though they will not be paid much they will gain much experience.  That employee eventually finds out that some of the experience they gained was that they were not paid very much.


7. If a business investment seems too good to be true, many people will still think it’s true.  The ability to predict the future seems to show little difference between those with significant investment experience or very little.

  • So-called experts who predict the immediate future in the stock market are much better at explaining later why their prediction didn’t happen.  If you look at all their prior predictions over a period of time you may be surprised to find out that many of their other predictions were also incorrect.
  • Investments that appear to be too good to be true may, in fact, be true.  Technological advancement thrives on appearing too good to be true. 

8. Being in the "right" according to the law is only a partial victory.  It also takes significant money to enforce that right.

  • To be able to easily afford the cost of litigation is to be able to be a bully.  Survival of the richest.  And justice for $ome.
  • Bullies didn’t stop in the schoolyard.

9. A boss will always judge you on merit......and sometimes from the gossip heard around the office.


10.
Hunger is the mother’s milk of deception.  If someone needs something badly enough, they’ll do or say or promise whatever it takes to get it.

  • Greed is the intoxicant of deception. If someone wants something badly enough, they’ll do or say or promise whatever it takes to get it.

11. The Internet seems to be based on the office grapevine, though I believe the grapevine still moves faster.




Business Advice



To know a person is to see them when they are under stress or not getting what they want.


What is said is important, what is not said is more valuable.


Failure to disclose or to withhold information from the accountant is the concealed weapon of the business world.  Concealment is only discovered after the act.


Financial ratios are used by the deceiver as a cover-up, not a control.


Cost of enforcement is less than the expense of non-enforcement.


Perception is interpreted reality. You believe it is what you think it is whether or not that is accurate.


Triangle of success:  money -- power--fantasy (sex)


Being in business in the past does not guarantee being in business in the future. 
This applies no matter how long a company has been in business.


Business fraud is financial cancer


A company is a pool.  Executives should be the lifeguards, not the high divers.


Ethics are the rules you impose on everyone….except yourself.  Ethics are the rules one follows when no one else is watching. 


A common belief can be a common misconception. 


People act in their own perceived best interests, even when those interests are not explained or revealed to you.


Whistleblowers blow only once.  No one wants to give them a second chance.


In the pros and cons of life, the cons can often be pros.


 

Copyright 2008 Alex Kwechansky

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