Market reality

Here's the cafe profit model as practised in WA: 

• Borrow a lot of money.
• Lease premises at whatever ridiculously high rate is asked
• Hire a manager
• Pass all management responsibility to the manager
• Tell the manager to hire foreign tourists. They are unqualified but very very cheap
• Advertise on social media
• Watch the market grow as the government spends a heap of public money bringing tourists to the state
• Brag about the huge profits that you are making

Then the tourists stop arriving.

Your profits drop.

You know nothing about the cafe business, you can no longer afford to pay a manager. There are no foreign tourists to employ

So what can you do?

• Well, it's no use getting off your backside and actually working in your cafe. I mean, you know nothing about working in a cafe. And it would interrupt your leisure time

So what do you do?

• You refuse to pay rent. After all, the rent is far too high... for current market conditions
• You demand that the government brings back the tourists. What's a little coronaRisk when you are losing money?
• You demand that the government adopts an isolation policy which puts more people at risk of covid -- but will put more money into your own pocket.
• You put out your hand for more government subsidies
• You have your demands published in the daily paper. "Government urged to do more to help out business", The West 1 May

Is it time to change your business model? To a model which suits the actual market? As it actually is?

Oh no, that's far too hard.

Go for business as usual. Demand government support. Cling on to the old model as long as you can

Till you fail.

When you fail you will, most likely, bring down other people as well.

No worries.

Now go out and borrow some more money. Invest it all in another business where you know nothing. After all... it looks sort of good right now.

Dr Nick Lethbridge / Consulting Dexitroboper

...        Agamedes Consulting / Problems ? Solved

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"No matter how much you push the envelope, it will still be stationery"

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Dying for you to read my blog, at https://notdotdeaddotyet.blogspot.com/ :-)

glass upper house

Poor Mark McGowan.

He's really upset because one person has been voted into parliament from a country region. It's so unfair! sobs the premier. It must be undemocratic :-(

Every other politician is in his own party. Oh goody! democracy in action! he cries.

I win -- it's good. I lose -- shock, horror, the system must be immediately  changed.

What a hypocrite.

Dr Nick Lethbridge / Consulting Dexitroboper

...        Agamedes Consulting / Problems ? Solved

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"No matter how much you push the envelope, it will still be stationery"

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Dying for you to read my blog, at https://notdotdeaddotyet.blogspot.com/ :-)

mixed skill sets

Failing betting schemes. Ponzi scams. I feel sorry for the people who are ripped off by family members. And by people who claim to be friends.

Who are these people who lose money in ultimately unsuccessful get-rich-quick schemes?

They are people with a lot of money. People who own and manage major organisations.

People who have never heard, "If it seems to be too good to be true -- then it is probably not true."

And we trust these people to run major organisations. Weird, eh.

Nick Lethbridge    /    Consulting Dexitroboper
Agamedes Consulting    /   Problems? Solved.
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We are here and it is now. After that, everything tends towards guesswork... Didactylos in Small Gods
   

jobs or ore

Mark Riley has an opinion on the imminent Federal budget (West, 30 April): It must be all about iron ore rather than jobs.

Forget the recent jobs, jobs and more jobs mantra. Iron ore royalties will raise more than $100 billion. The mantra must be Ore! Ore! Ore!

What he's saying is that jobs are not important. Forget the value of employment. No-one cares about a worker's dignity. A worker's self-sufficiency. A worker's self-worth in providing for themselves.

The real measure of national success is government wealth. More correctly: large corporate income.

Let the workers beg for wages. Beg for government handouts.

Build a proud and independent employed workforce? of people who can work, support themselves, afford to live their own lives by their own choices?

Bugger that for a pathetic humanitarian budget.

Nick Lethbridge    /    Consulting Dexitroboper
Agamedes Consulting    /   Problems? Solved.
   ===

We are here and it is now. After that, everything tends towards guesswork... Didactylos in Small Gods
   

Age-limited

Ben Harvey must be feeling the pressure of age. He writes in defence of older people still able to work effectively. (Sunday Times, 25 April) I fully agree with him. With one proviso:

Define "effectively".

He gives an example of John Quigley being asked something. Then, in Ben's words, "You will notice that John answered the question without answering the question. He was able to do that because he is a sharp political operator who knows the law inside-out."

So Ben is happy to have a sharp political operator who disguises his lack of having an answer by speaking in bluffy bullshit. Does Quigley have any effective answers, or is he effectively a bullshitter.

I have no idea how good Quigley really is. Except when it comes to not answering. Perhaps we really need a younger attorney General. One who is actually able to answer the difficult questions. Or at least to have an honest try.

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Nick Lethbridge    /    Consulting Dexitroboper
Agamedes Consulting    /   Problems? Solved.
   ===

We are here and it is now. After that, everything tends towards guesswork... Didactylos in Small Gods
   

The Best Solution. really?

Vaccinated Australians should be allowed to travel freely overseas and then quarantine at home. These are the wise words of mining billionaire Andrew Forrest.

The wise words of a man who will fly first-class. possibly in a private jet. To return home to a private mansion. With servants to fetch and carry and cook. With his  own swimming pool. Possibly his own indoor gym. With easy access via private jet to his million acres of outdoor backyard.

Yep. Words of wisdom from a man who already lives in his own private world of isolation from reality.

Nick Lethbridge    /    Consulting Dexitroboper
Agamedes Consulting    /   Problems? Solved.
   ===

We are here and it is now. After that, everything tends towards guesswork... Didactylos in Small Gods
   

water wars

It's been said that the next wars will be fought over water. Some have already started.

Water is essential for industry, for agriculture, simply for living.

To produce 1kg of hydrogen fuel requires about 3.8 litres of pure, distilled water.

Which rivers will Twiggy and Scotty drain in order to power their gassy dreams of a hydrogen-fuelled economy?

Dr Nick Lethbridge / Consulting Dexitroboper

...        Agamedes Consulting / Problems ? Solved

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... f"Question authority. Don't expect to like the answer." ... per Ginger Meggs

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Dying for you to read my blog, at https://notdotdeaddotyet.blogspot.com/ :-)