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A cautionary tale...., page-2

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hangas75

2,656 Posts.

29/01/15

10:51

Post #: 14657859
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Originally posted by Fudgy ↑

One of my best friends went into business for himself a few years back with a couple of partners. They were all in their mid 30s.

They were highly intelligent and experienced. The business created complex corporate tax structures that saved big companies tens of millions of dollars. They were very good at what they did.

They struggled, however. My friend simply could not get over the fact that the deals they proposed to these companies would save them ridiculous amounts of money, but nobody - literally NOBODY - would give them a break.

My friend and his partners came to the conclusion that the only reason was bloody-mindedness - that despite the fact these companies could save tens of millions of dollars, they still made a truckload of money anyway so no big deal to them, and why make three blokes in their mid 30s fantastically rich?

Bloody mindedness and ego - in spite of the fact my mate had the best product in town.

The business folded after two years.

Immoral, unfair, illogical. Welcome to the world of business.

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Yep bbi didnt we improve it by 20 times but still no deal and maybe gone forever???

ADO Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.001(3.85%)		Mkt cap ! $67.22M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$12.09K	448.4K

Buyers (Bids)

No.	Vol.	Price($)
7	648153	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	35520	1

View Market Depth

No.	Vol.	Price($)
7	648153	0.026
13	2077099	0.025
6	1339250	0.024
4	1110217	0.023
5	1386450	0.022

Price($)	Vol.	No.
0.027	35520	1
0.028	251200	3
0.030	234200	2
0.031	75000	1
0.032	191382	2

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