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CHF - MSB's Dark Horse with Multi-billion dollar potential, page-137

  1. 16,584 Posts.
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    "I’ve never heard that rule number one before. What, the owner sells the company when management does not perform? Normally the management goes don’t they? Not the company owners?"

    It's a most extraordinary basis on which to be a business owner.

    Imagine you owned a restaurant and the person, that had been employed to manage your restaurant on your behalf, was not doing his/her job to the agreed/required standard.

    According to the poster to whom you are responding, your response should be advertise your restaurant for sale.

    Or, by way of a further example, if the person running the Bunnings hardware chain was found to be inccompetent, then Wesfarmers (Bunnings' owner) would not sack the Bunnings CEO, instead they would call for bidders for Bunning, or de-merge the business.

    Truly bizarre interpretation of the business owner-manager compact.

    .

    .
 
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