Monthly Archives: August 2013
Takeaway #163: Run DMC on the hazards of sloth
***To burn my kingdom you must use fire; I won’t start rapping until I retire***
Run DMC ♦ King of Rock
Takeaway #163: The lazy manager is the death of the organization. Read Andy Grove’s “Only the Paranoid Survive”. There is a reason that the unleveraged, passive-CEO controlled entity is the takeout target for acquisition.
Takeaway #13: Slow & Steady or Flash-free
**A jeep — doesn’t he make enough ends?
A genius like him should drive a Benz
Well he believes clothes don’t make the man or a car
And the man still makes five hundred grand
Every six months yo the kid is no dunce***
Chubb Rock ♦ I’m the Man ; I Gotta Get Mine Yo! (1992)
There is no doubt that everyone wants to be in the business that is sexy. It sounds great at a dinner party. People like the shiny stuff. Unfortunately some of us make widgets or even the parts that keep the widget running smoothly. The widget parts manufacturer is making great earning per share but may be tempted to get into the sexy widget movie business, even though the numbers do not add up. Stay in the widget biz. The widget brought you to the dance; don’t fall for the flashy product.
The company has a decent market capitalization should we buy another entity that will raise our profile? No. Should we spend on the trophy building? No. Take a look at the stark Wal-mart headquarters inArkansasand tell me if the money was spent on real estate and lobby furniture. Should we put on an over-the-top road show for the institutional investors? You put on the show and you will be struggling quarter-after-quarter to meet analyst numbers that exceed guidance and expectations.
When Chubb Rock wrote this people were getting car jacked in hustler-mobiles or pulled over by profiling police officers. The herb in the Jeep was getting home safely, night after night. He is the predecessor to the “Millionaire Next Door” profile. The low-key profile is the best.
BPM TAKEAWAY#13:
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NO FLASH, JUST CASH
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SLOW AND STEADY WINS THE RACE
…hot city is cooling down and BPM is working at it….but working sloooowly….
takeaway #130: Always Be Connected…
***On my way back home
Now I’m in the zone
My simcards a bomb
They blowing up my phone***
Wale ♦ W.A.L.E.D.A.N.C.E.
Takeaway 130: Are you accessible 24-7? There is no excuse in this era not to be. You do not always have to respond, but you need access to the information. You can’t be MIA and stay in black.
…the other 99 problems:
~Today’s Tip: http://probs99.tumblr.com/
Don’t be too serious……take a summer-day dance party break…