"Wendell’s Laws of Business"

2009
May
16

(on the weekend? my internal clock has gone cuckoo)

FIRST LAW: Give the people what they want, but make them pay through the nose for what they need.

SECOND LAW: (revised) A truly ‘free’ market is one where most competitors have been eliminated.

THIRD LAW: Getting everything you thought you were buying costs extra.

FOURTH LAW: The Best Things in Life must never be made available to everyone.

CEO’S LAW: Good executives are those who can maximize their income while their company runs at a loss.

LAW OF THE MIDDLEMAN: Sex is free, but condoms cost money.

LAW OF HANDLING: Handling charges are based on how much you want to handle the customer’s money.

LAW OF VALUE: If Everybody thinks your product is Worth Every Penny, you have made a serious pricing error.

LAW OF OVERINFLATED VALUATION: If you’re not very very small, getting out of the “bubble” before it bursts will make it burst.

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AND NOW A WORD FROM SOMEBODY WHO MAY HAVE NEVER HEARD OF ME...