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Re: daniello post# 167

Friday, 12/27/2002 12:16:01 PM

Friday, December 27, 2002 12:16:01 PM

Post# of 19549
Hello daniello! I agree with your list of things with one exception: it seems that every time a company poses some 'limitation' on something they always run into it as an inconvenience (at best) or a disaster (at worst).

I am always for having high versatility. Things look quite different from inside a company. Most entrepreneurs put in long hard hours. Sometimes they are overwhelmed by the amount of work that must be done because (1) a growing company can't afford to load itself down with staff (2) the strategy changes every day because the company is not large enough to dominate the marketplace and must take advantage of any opportunity that comes along (3) small to mid-size companies can't work with major investment banking/consulting firms where they will receive top advice because they just don't represent enough business (4) these companies are constantly beset by fast-talkers selling services of 'unknown' IR/PR/consulting/investment banking/legal/accounting firms, etc. - some of which are real thieves (5) these companies have limited capital and must be very creative in how they use it (6) these companies are often attacked by professional bashers and have the choice of spending their limited funds on fighting the bashers or ignoring the bashers and spending their money on growing the business

Limits in the very limited world of the small/mid-size company can be a real problem