Why are some people so incompetent with running businesses or managing personal finances?
Tuesday, March 25th, 2008Barracuda asked:
I worked for a guy that owned a restaurant like Quiznos or Subway. He kept it open about 3 hours too early and 3-4 hours too late everyday. He also wanted the place to make money too. Since it did deliveries, we were always in a real jam at lunch and dinner because we didn’t have enough people. He also wanted us to get out right after we closed, instead of cleaning the place properly. He’s now about to lose it for failing his franchise reports and health inspections. My senior manager can’t convince him to look at the numbers and make the hours more sensible. His lovely house was collateral to get the franchises. Oh, did I mention he got a second location and put it in a ridiculous place everyone knew wasn’t going to make money?
I worked for a guy that owned a restaurant like Quiznos or Subway. He kept it open about 3 hours too early and 3-4 hours too late everyday. He also wanted the place to make money too. Since it did deliveries, we were always in a real jam at lunch and dinner because we didn’t have enough people. He also wanted us to get out right after we closed, instead of cleaning the place properly. He’s now about to lose it for failing his franchise reports and health inspections. My senior manager can’t convince him to look at the numbers and make the hours more sensible. His lovely house was collateral to get the franchises. Oh, did I mention he got a second location and put it in a ridiculous place everyone knew wasn’t going to make money?
My dad is a doctor and makes six-figures. He’s almost 60 and nearly broke, and he doesn’t even live the high life. He hates his job, works for less than he’s worth even when he gets about 10 offers a week in the mail. When other people were getting their houses foreclosed, he almost lost his because he wanted to write a book instead of work. He could honestly be retired if he managed his money better. He puts himself in a voluntary financial crisis.
What is wrong with these people? Why can’t some people handle their business?
