Reply to thread

Message

<blockquote data-quote="bacha29" data-source="post: 5355102" data-attributes="member: 58386">It is gratifying to see contractors finally resisting pressure from management to go borrow more money just to cover areas that management knows is not and never will be profitable to service and doesn&#039;t want to have to pay what it will cost to make them even marginally profitable. I once told middle management, &quot;This business model is designed for a metropolitan area in a warmer climate with flatter terrain a modern highway system with much higher population density and much higher per capita consumption. The area were we are located is in every standard of comparison the complete opposite.&quot;Here&#039;s where the similarity exists between Fat Freddy and Bezos. Both of them think the whole world is one great big prosperous city. Then they get out there and discover just how rural, sparsely populated and economically depressed the nation still is. Bezos as everyone knew he would took the easy in town stuff and then dumped the money losing rural junk off onto the post office. When Fat Freddy bought out Sullivan the whole county both good areas and bad went right along with the deal. He then makes the totally stupid move of taking Smart Post back from the post office and tried to do it himself then cut rates so low no contractor could survive. This the one foremost reason why we 3 Day 1&#039;s refused to expand. There simply weren&#039;t any investible areas remaining that offered a worthwhile return relative to the headaches they presented. Fat Freddy&#039;s wants every damn dime the box pays for himself and now it would appear that he&#039;s gotten even worse than before in that regard.</blockquote>

[QUOTE="bacha29, post: 5355102, member: 58386"] It is gratifying to see contractors finally resisting pressure from management to go borrow more money just to cover areas that management knows is not and never will be profitable to service and doesn't want to have to pay what it will cost to make them even marginally profitable. I once told middle management, "This business model is designed for a metropolitan area in a warmer climate with flatter terrain a modern highway system with much higher population density and much higher per capita consumption. The area were we are located is in every standard of comparison the complete opposite." Here's where the similarity exists between Fat Freddy and Bezos. Both of them think the whole world is one great big prosperous city. Then they get out there and discover just how rural, sparsely populated and economically depressed the nation still is. Bezos as everyone knew he would took the easy in town stuff and then dumped the money losing rural junk off onto the post office. When Fat Freddy bought out Sullivan the whole county both good areas and bad went right along with the deal. He then makes the totally stupid move of taking Smart Post back from the post office and tried to do it himself then cut rates so low no contractor could survive. This the one foremost reason why we 3 Day 1's refused to expand. There simply weren't any investible areas remaining that offered a worthwhile return relative to the headaches they presented. Fat Freddy's wants every damn dime the box pays for himself and now it would appear that he's gotten even worse than before in that regard. [/QUOTE]

Verification