#5 Sat across from an owner of a $40,000,000.00 ($40 Million) company today. She is a very smart business woman in a man's business, the construction industry.
She told me that earlier this year she called all her employees into a "State of the Union" meeting where she told them there would be real losses for the industry and some major surprises. She did not know what those surprises would be but she knew they would not be good. As this year progressed she say some very so-called strong companies collapse like a house of cards. Then she asked me what they could do to keep them out of trouble. Of course she is about to purchase some software development support that will give her a lot of analysis. But I turned the question around to her...
...And she replied, "We are TOAST. If we can get the right people in to DC, they can tax me, tax me, tax me because that is the only way our future generations can survive and get those generations out of serious financial trouble now. But at the same time they better actually hang the politicians that are there now for what they are doing to our children. And I am DEAD SERIOUS ABOUT THE HANGINGS!"
She started out 25 years ago as a receptionist there. She nows owns the company and was the one who built it.
But to get back to my response to her it was "Build the best possible fire wall around you and your company that you hope can handle the next great depression. In other words, fill the barns with corn." And she replied, "Yes, for the seven years of famine."
Indeed.
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